Common use of CONTRACT PROCESSING Clause in Contracts

CONTRACT PROCESSING. DATES - The days when we deduct certain charges from the Accumulation Value. If the Contract Processing Date is not a Valuation Date, it will be on the next succeeding Valuation date. The Contract Processing Date will be on the Contract Anniversary of each year. CONTRACT PROCESSING PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. GA-IA-1043-01/98 4 <PAGE> <PAGE> IMPORTANT TERMS (continued) - ------------------------------------------------------------------------- EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated. GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Variable Separate Accounts. GUARANTEED INTEREST RATE - The effective annual interest rate which we will credit for a specified Guarantee Period. xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/0000837276-98-000478.txt 11/02/2017 Page 259 of 347 GUARANTEED MINIMUM INTEREST RATE - The minimum interest rate which can be declared by us for allocations to a Guaranteed Interest Division. INDEX OF INVESTMENT EXPERIENCE - The index that measures the performance of a Variable Separate Account Division. INITIAL PREMIUM - The payment amount required to put each Contract in effect. ISSUE AGE - The Annuitant's or Owner's age on the last birthday on or before the Contract Date. MATURITY DATE - The date on which a Guarantee Period matures. OWNER - The person who owns a Contract and is entitled to exercise all rights of the Contract. This person's death also initiates payment of the death benefit. RIDERS - Riders add provisions or change the terms of the Contract. SPECIALLY DESIGNATED DIVISION - Distributions from a portfolio underlying a Division in which reinvestment is not available will be allocated to this Division unless you specify otherwise. VALUATION DATE - The day at the end of a Valuation Period when each Division is valued. VALUATION PERIOD - Each business day together with any non-business days before it. VARIABLE SEPARATE ACCOUNT DIVISION - An investment option available in the Variable Separate Account shown on the Schedule. <PAGE> <PAGE> INTRODUCTION TO THIS CONTRACT - -------------------------------------------------------------------------THE CONTRACT This is a legal contract between you and us. We provide benefits as stated in this Contract. In return, you supply us with the Initial Premium Payment required to put this Contract in effect. This Contract, together with any Riders or Endorsements, constitutes the entire Contract. Riders and Endorsements add provisions or change the terms of the basic Contract. THE OWNER You are the Owner of this Contract. You are also the Annuitant unless another Annuitant has been named by you and is shown in the Schedule. You have the rights and options described in this Contract, including but not limited to the right to receive the Annuity Benefits on the Annuity Commencement Date. One or more people may own this Contract. If there are multiple Owners named, the age of the oldest Owner will be used to determine the applicable death benefit. In the case of a sole Owner who dies prior to the Annuity Commencement Date, we will pay the Beneficiary the death benefit then due. If the sole Owner is not an individual, we will treat the Annuitant as Owner for the purpose of determining when the Owner dies under the death benefit provision (if there is no Contingent Annuitant), and the Annuitant's age will determine the applicable death benefit payable to the Beneficiary. The sole Owner's estate will be the Beneficiary if no Beneficiary designation is in effect, or if the designated Beneficiary has predeceased the Owner. In the case of a joint Owner of the Contract dying prior to the Annuity Commencement Date, the surviving Owner(s) will be deemed as the Beneficiary(ies).

CONTRACT PROCESSING. DATES - The days when we deduct certain charges from the Accumulation Value. If the Contract Processing Date is not a Valuation Date, it will be on the next succeeding Valuation date. The Contract Processing Date will be on the Contract Anniversary of each year. CONTRACT PROCESSING PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/0000837276-98-000077.txt 10/31/2017 is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. GA-IA-1043-01/98 4 CREDIT - An amount added to the Contract's Accumulation Value at the time a Premium Payment is made. <PAGE> <PAGE> IMPORTANT TERMS (continued) - ------------------------------------------------------------------------- EXPERIENCE ------------------------------------------------------------------------------EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated. GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Variable Separate Accounts. GUARANTEED INTEREST RATE - The effective annual interest rate which we will credit for a specified Guarantee Period. xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/0000837276-98-000478.txt 11/02/2017 Page 259 of 347 GUARANTEED MINIMUM INTEREST RATE - The minimum interest rate which can be declared by us for allocations to a Guaranteed Interest Division. INDEX OF INVESTMENT EXPERIENCE - The index that measures the performance of a Variable Separate Account Division. INITIAL PREMIUM - The payment amount required to put each Contract in effect. ISSUE AGE - The Annuitant's or Owner's age on the last birthday on or before the Contract Date. MATURITY DATE - The date on which a Guarantee Period matures. OWNER - The person who owns a Contract and is entitled to exercise all rights of the Contract. This person's death also initiates payment of the death benefit. RIDERS - Riders add provisions or change the terms of the Contract. SPECIALLY DESIGNATED DIVISION - Distributions from a portfolio underlying a Division in which reinvestment is not available will be allocated to this Division unless you specify otherwise. VALUATION DATE - The day at the end of a Valuation Period when each Division is valued. VALUATION PERIOD - Each business day together with any non-business days before it. VARIABLE SEPARATE ACCOUNT DIVISION - An investment option available in the Variable Separate Account shown on the Schedule. <PAGE> <PAGE> INTRODUCTION TO THIS CONTRACT - -------------------------------------------------------------------------THE ------------------------------------------------------------------------------THE CONTRACT This is a legal contract between you and us. We provide benefits as stated in this Contract. In return, you supply us with the Initial Premium Payment required to put this Contract in effect. This Contract, together with any Riders or Endorsements, constitutes the entire Contract. Riders and Endorsements add provisions or change the terms of the basic Contract. THE OWNER You are the Owner of this Contract. You are also the Annuitant unless another Annuitant has been named by you and is shown in the Schedule. You have the rights and options described in this Contract, including but not limited to the right to receive the Annuity Benefits on the Annuity Commencement Date. xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/0000837276-98-000077.txt 10/31/2017 One or more people may own this Contract. If there are multiple Owners named, the age of the oldest Owner will be used to determine the applicable death benefit. In the case of a sole Owner who dies prior to the Annuity Commencement Date, we will pay the Beneficiary the death benefit then due. If the sole Owner is not an individual, we will treat the Annuitant as Owner for the purpose of determining when the Owner dies under the death benefit provision (if there is no Contingent Annuitant), and the Annuitant's age will determine the applicable death benefit payable to the Beneficiary. The sole Owner's estate will be the Beneficiary if no Beneficiary designation is in effect, or if the designated Beneficiary has predeceased the Owner. In the case of a joint Owner of the Contract dying prior to the Annuity Commencement Date, the surviving Owner(s) will be deemed as the Beneficiary(ies).

CONTRACT PROCESSING. DATES - The days when we deduct certain charges from the Accumulation Value. If the Contract Processing Date is not a Valuation Date, it will be on the next succeeding Valuation date. The Contract Processing Date will be on the Contract Anniversary of each year. CONTRACT PROCESSING PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. GA-IA-1043-01/98 4 IA-1075 <PAGE> <PAGE> IMPORTANT TERMS (continued) - ------------------------------------------------------------------------- ------------------------------------------------------------------------------- EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated. GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Variable Separate Accounts. GUARANTEED INTEREST RATE - The effective annual interest rate which we will credit for a specified Guarantee Period. xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/0000837276-98-000478.txt 11/02/2017 Page 259 of 347 GUARANTEED MINIMUM INTEREST RATE - The minimum interest rate which can be declared by us for allocations to a Guaranteed Interest Division. INDEX OF INVESTMENT EXPERIENCE - The index that measures the performance of a Variable Separate Account Division. INITIAL PREMIUM - The payment amount required to put each Contract in effect. ISSUE AGE - The Annuitant's or Owner's age on the last birthday on or before the Contract Date. MATURITY DATE - The date on which a Guarantee Period matures. OWNER - The person who owns a Contract and is entitled to exercise all rights of the Contract. This person's death also initiates payment of the death benefit. RIDERS - Riders add provisions or change the terms of the Contract. SPECIALLY DESIGNATED DIVISION - Distributions from a portfolio underlying a Division in which reinvestment is not available will be allocated to this Division unless you specify otherwise. VALUATION DATE - The day at the end of Division is valued. a Valuation Period when each Division is valued. VALUATION PERIOD - Each business day together with any non-business days before it. VARIABLE SEPARATE ACCOUNT DIVISION - An investment option available in the Variable Separate Account shown on in the Schedule. GA-IA-1075 <PAGE> <PAGE> INTRODUCTION TO THIS CONTRACT - -------------------------------------------------------------------------THE ------------------------------------------------------------------------------- THE CONTRACT This is a legal contract between you and us. We provide benefits as stated in this Contract. In return, you supply us with the Initial Premium Payment required to put this Contract in effect. This Contract, together with any Riders or Endorsements, constitutes the entire Contract. Riders and Endorsements add provisions or change the terms of the basic Contract. THE OWNER You are the Owner of this Contract. You are also the Annuitant unless another Annuitant has been named by you in the application and is shown in the Schedule. You have the rights and options described in this Contract, including but not limited to the right to receive the Annuity Benefits on the Annuity Commencement Date. One or more people may own this Contract. If there are multiple Owners named, the age of the oldest Owner will be used to determine the applicable death benefit. In the case of a sole Owner who dies prior to the Annuity Commencement Date, we will pay the Beneficiary the death benefit then due. If the sole Owner is not an individual, we will treat the Annuitant as Owner for the purpose of determining when the Owner dies under the death benefit provision (if there is no Contingent Annuitant), and the Annuitant's age will determine the applicable death benefit payable to the Beneficiary. The sole Owner's estate will be the Beneficiary if no Beneficiary designation is in effect, or if the designated Beneficiary has predeceased the Owner. In the case of a joint Owner of the Contract dying prior to the Annuity Commencement Date, the surviving Owner(s) will be deemed as the Beneficiary(ies).

CONTRACT PROCESSING. DATES - The days when we deduct certain charges from the Accumulation Value. If the Contract Processing Date is not a Valuation Date, it will be on the next succeeding Valuation dateDate. The Contract Processing Date will be on the Contract Anniversary of each year. CONTRACT PROCESSING PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. GA-IA-1043-01/98 4 <PAGE> IA-1082 <PAGE> IMPORTANT TERMS (continued) - ------------------------------------------------------------------------- ------------------------------------------------------------------------------ EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. FIXED ACCOUNT - This is the Separate Account established to support Fixed Allocations. FIXEDALLOCATION - An amount allocated to the Fixed Account that is credited with a Guaranteed Interest Rate for a specified Guarantee Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Fixed Allocation or allocations to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated. GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Variable Separate Accounts. hxxxx://xxx.xxx.xxx/Xxxxxxxx/exxxx/data/836687/000083727601500024/ex4bidcvfac.txt 10/31/2017 GUARANTEED INTEREST RATE - The effective annual interest rate which we will credit for a specified Guarantee Period. xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/0000837276-98-000478.txt 11/02/2017 Page 259 of 347 GUARANTEED MINIMUM INTEREST RATE - The minimum interest rate which can be declared by us for Fixed Allocations or allocations to a Guaranteed Interest Division. INDEX OF INVESTMENT EXPERIENCE - The index that measures the performance of a Variable Separate Account Division. INITIAL PREMIUM - The payment amount required to put each Contract in effect. ISSUE AGE - The Annuitant's or Owner's age on the last birthday on or before the Contract Date. MARKET VALUE ADJUSTMENT - A positive or negative adjustment to a Fixed Allocation. It may apply if all or part of a Fixed Allocation is withdrawn, transferred, or applied to an Annuity Option prior to the end of the Guarantee Period. MATURITY DATE - The date on which a Guarantee Period matures. OWNER - OWNER- The person who owns a Contract and is entitled to exercise all rights of the Contract. This person's death also initiates payment of the death benefitDeath Benefit. RIDERS - Riders add provisions or change the terms of the Contract. SPECIALLY DESIGNATED DIVISION - Distributions from a portfolio underlying a Division in which reinvestment is not available will be allocated to this Division unless you specify otherwise. VALUATION DATE - The day at the end of a Valuation Period when each Division is valued. VALUATION PERIOD - Each business day together with any non-business days before it. VARIABLE SEPARATE ACCOUNT DIVISION - An investment option available in the Variable Separate Account shown on in the Schedule. <PAGE> GA-IA-1082 <PAGE> INTRODUCTION TO THIS CONTRACT - -------------------------------------------------------------------------THE ------------------------------------------------------------------------------- THE CONTRACT This is a legal contract between you and us. We provide benefits as stated in this Contract. In return, you supply us with the Initial Premium Payment required to put this Contract in effect. This Contract, together with any attached application, Riders or Endorsements, constitutes the entire Contract. Riders and Endorsements add provisions or change the terms of the basic Contract. THE OWNER hxxxx://xxx.xxx.xxx/Xxxxxxxx/exxxx/data/836687/000083727601500024/ex4bidcvfac.txt 10/31/2017 You are the Owner of this Contract. You are also the Annuitant unless another Annuitant has been named by you and is shown in the Schedule. You have the rights and options described in this Contract, including but not limited to the right to receive the Annuity Benefits on the Annuity Commencement Date. One or more people may own this Contract. If there are multiple Owners named, the age of the oldest Owner will be used to determine the applicable death benefitDeath Benefit. In the case of a sole Owner who dies prior to the Annuity Commencement Date, we will pay the Beneficiary the death benefit Death Benefit then due. If the sole Owner is not an individual, we will treat the Annuitant as Owner for the purpose of determining when the Owner dies under the death benefit Death Benefit provision (if there is no Contingent Annuitant), and the Annuitant's age will determine the applicable death benefit Death Benefit payable to the Beneficiary. The sole Owner's estate will be the Beneficiary if no Beneficiary designation is in effect, or if the designated Beneficiary has predeceased the Owner. In the case of a joint Owner of the Contract dying prior to the Annuity Commencement Date, the surviving Owner(s) will be deemed as the Beneficiary(ies).

CONTRACT PROCESSING. DATES - The days when we deduct certain charges from the Accumulation Value. If the Contract Processing Date is not a Valuation Date, it will be on the next succeeding Valuation date. The Contract Processing Date will be on the Contract Anniversary of each year. CONTRACT PROCESSING PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. GACUSTOMER SERVICE CENTER - The entity that provides service to our Owners. It is located at 1000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000-IA-10430000 and may be reached by phone at 1-01/98 4 <PAGE> <PAGE> 000-000-0000. IMPORTANT TERMS (continued) - ------------------------------------------------------------------------- EXPERIENCE - ------------------------------------------------------------------------------EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. FIXED ACCOUNT - This is the Separate Account established to support Fixed Allocations. FIXED ALLOCATION - An amount allocated to the Fixed Account that is credited with a Guaranteed Interest Rate for a specified Guarantee Period. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Fixed Allocation or allocations to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated. GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Variable Separate Accounts. GUARANTEED INTEREST RATE - The effective annual interest rate which we will credit for a specified Guarantee Period. xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/0000837276-98-000478.txt 11/02/2017 Page 259 of 347 GUARANTEED MINIMUM INTEREST RATE - The minimum interest rate which can be declared by us for Fixed Allocations or allocations to a Guaranteed Interest Division. INDEX OF INVESTMENT EXPERIENCE - The index that measures the performance of a Variable Separate Account Division. INITIAL PREMIUM - The payment amount required to put each Contract in effect. ISSUE AGE - The Annuitant's or Owner's age on the last birthday on or before the Contract Date. MARKET VALUE ADJUSTMENT - A positive or negative adjustment to a Fixed Allocation. It may apply if all or part of a Fixed Allocation is withdrawn, transferred, or applied to an Annuity Option prior to the end of the Guarantee Period. MATURITY DATE - The date on which a Guarantee Period matures. OWNER - The person who owns a Contract and is entitled to exercise all rights of the Contract. This person's death also initiates payment of the death benefit. RIDERS - Riders add provisions or change the terms of the Contract. SPECIALLY DESIGNATED DIVISION - Distributions from a portfolio underlying a Division in which reinvestment is not available will be allocated to this Division unless you specify otherwise. VALUATION DATE - The day at the end of a Valuation Period when each Division is valued. VALUATION PERIOD - Each business day together with any non-business days before it. VARIABLE SEPARATE ACCOUNT DIVISION - An investment option available in the Variable Separate Account shown on in the Schedule. <PAGE> <PAGE> INTRODUCTION TO THIS CONTRACT - -------------------------------------------------------------------------THE - ------------------------------------------------------------------------------THE CONTRACT This is a legal contract Contract between you and us. We provide benefits as stated in this Contract. In return, you supply us with the Initial Premium Payment required to put this Contract in effect. This Contract, together with any Riders or Endorsements, constitutes the entire Contract. Riders and Endorsements add provisions or change the terms of the basic Contract. THE OWNER You are the Owner of this Contract. You are also the Annuitant unless another Annuitant has been named by you and is shown in the Schedule. You have the rights and options described in this Contract, including but not limited to the right to receive the Annuity Benefits on the Annuity Commencement Date. One or more people may own this Contract. If there are multiple Owners named, the age of the oldest Owner will be used to determine the applicable death benefit. In the case of a sole Owner who dies prior to the Annuity Commencement Date, we will pay the Beneficiary the death benefit then due. If the sole Owner is not an individual, we will treat the Annuitant as Owner for the purpose of determining when the Owner dies under the death benefit provision (if there is no Contingent Annuitant), and the Annuitant's age will determine the applicable death benefit payable to the Beneficiary. The sole Owner's estate will be the Beneficiary if no Beneficiary designation is in effect, or if the designated Beneficiary has predeceased the Owner. In the case of a joint Owner of the Contract dying prior to the Annuity Commencement Date, the surviving Owner(s) will be deemed as the Beneficiary(ies).

CONTRACT PROCESSING. DATES - The days when we deduct certain charges from the Accumulation Value. If the Contract Processing Date is not a Valuation Date, it will be on the next succeeding Valuation date. The Contract Processing Date will be on the Contract Anniversary of each year. CONTRACT PROCESSING PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/000083727601500024/ex4didvac.txt 10/31/2017 GA-IA-1043-01/98 4 <PAGE> IA-1083 <PAGE> IMPORTANT TERMS (continued) - ------------------------------------------------------------------------- ------------------------------------------------------------------------------- EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated. GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Variable Separate Accounts. GUARANTEED INTEREST RATE - The effective annual interest rate which we will credit for a specified Guarantee Period. xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/0000837276-98-000478.txt 11/02/2017 Page 259 of 347 GUARANTEED MINIMUM INTEREST RATE - The minimum interest rate which can be declared by us for allocations to a Guaranteed Interest Division. INDEX OF INVESTMENT EXPERIENCE - The index that measures the performance of a Variable Separate Account Division. INITIAL PREMIUM - The payment amount required to put each Contract in effect. ISSUE AGE - The Annuitant's or Owner's age on the last birthday on or before the Contract Date. MATURITY DATE - The date on which a Guarantee Period matures. OWNER - OWNER- The person who owns a Contract and is entitled to exercise all rights of the Contract. This person's death also initiates payment of the death benefitDeath Benefit. RIDERS - Riders add provisions or change the terms of the Contract. SPECIALLY DESIGNATED DIVISION - Distributions from a portfolio underlying a Division in which reinvestment is not available will be allocated to this Division unless you specify otherwise. VALUATION DATE - The day at the end of a Valuation Period when each Division is valued. VALUATION PERIOD - Each business day together with any non-business days before it. VARIABLE SEPARATE ACCOUNT DIVISION - An investment option available in the Variable Separate Account shown on in the Schedule. GA-IA-1083 <PAGE> <PAGE> xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/000083727601500024/ex4didvac.txt 10/31/2017 INTRODUCTION TO THIS CONTRACT - -------------------------------------------------------------------------THE ------------------------------------------------------------------------------- THE CONTRACT This is a legal contract between you and us. We provide benefits as stated in this Contract. In return, you supply us with the Initial Premium Payment required to put this Contract in effect. This Contract, together with any attached application, Riders or Endorsements, constitutes the entire Contract. Riders and Endorsements add provisions or change the terms of the basic Contract. THE OWNER You are the Owner of this Contract. You are also the Annuitant unless another Annuitant has been named by you in the application and is shown in the Schedule. You have the rights and options described in this Contract, including but not limited to the right to receive the Annuity Benefits on the Annuity Commencement Date. One or more people may own this Contract. If there are multiple Owners named, the age of the oldest Owner will be used to determine the applicable death benefitDeath Benefit. In the case of a sole Owner who dies prior to the Annuity Commencement Date, we will pay the Beneficiary the death benefit Death Benefit then due. If the sole Owner is not an individual, we will treat the Annuitant as Owner for the purpose of determining when the Owner dies under the death benefit Death Benefit provision (if there is no Contingent Annuitant), and the Annuitant's age will determine the applicable death benefit Death Benefit payable to the Beneficiary. The sole Owner's estate will be the Beneficiary if no Beneficiary designation is in effect, or if the designated Beneficiary has predeceased the Owner. In the case of a joint Owner of the Contract dying prior to the Annuity Commencement Date, the surviving Owner(s) will be deemed as the Beneficiary(ies).