GUARANTEED VALUES Clause Samples

GUARANTEED VALUES. The cash value of the Guaranteed Interest Fund 1 will not be less than the Minimum Value. The Minimum Value Equals: • An accumulation, at the nonforfeiture rate, of 87.5% of the amount applied to the Guaranteed Interest Fund 1; less • An accumulation, at the nonforfeiture rate, of the cash value of amounts withdrawn or transferred from the Guaranteed Interest Fund 1. The initial nonforfeiture rate is shown on Page 4. The nonforfeiture rate will be re-determined at the start of any Guaranteed Period. Upon redetermination, the nonforfeiture rate will equal the greater of (a) the minimum nonforfeiture rate required by law as of the Issue Date or (b) the Five Year Constant Maturity Treasury Rate reported by the Federal Reserve as of the second-to-last Valuation Date of the month preceding the month of redetermination, rounded to the nearest .05%, minus 1.25%, but not more than 3%. Guaranteed values are at least as great as those required by the NAIC Standard Nonforfeiture Law for Individual Deferred Annuities. ICC12.RR.VA.AFB.(0313) 8 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS

GUARANTEED VALUES. The cash value of the Guaranteed Accounts will not be less than the Minimum Value. The Minimum Value equals: • an accumulation, at the Nonforfeiture Rate, of 87.5% of the amounts applied to the Guaranteed Accounts; less • an accumulation, at the Nonforfeiture Rate, of the cash value of amounts withdrawn from the Guaranteed Accounts without regard to any positive Market Value Adjustments; less • an accumulation, at the Nonforfeiture Rate, of adjustments made to the Minimum Value for each transfer from the Guaranteed Accounts to the Separate Account, where each adjustment equals the amount transferred, adjusted for any negative Market Value Adjustment, less any excess of the Withdrawal Charge applicable to the Guaranteed Account immediately before the transfer over the Withdrawal Charge applicable to the Guaranteed Account after the transfer. Guaranteed values are at least as great as those required by the state in which this contract is delivered. RR.V.B.BK.(0805) 9

GUARANTEED VALUES. The cash value of the Guaranteed Accounts will not be less than the Minimum Value. The Minimum Value equals: • an accumulation, at the nonforfeiture rate, of 87.5% of the amounts applied to the Guaranteed Accounts; less • an accumulation, at the nonforfeiture rate, of the cash value of amounts withdrawn from the Guaranteed Accounts without regard to any positive Market Value Adjustments; less • an accumulation, at the nonforfeiture rate, of adjustments made to the Minimum Value for each transfer from the Guaranteed Accounts to the Separate Account, where each adjustment equals the amount transferred, adjusted for any negative Market Value Adjustment, less any excess of the Withdrawal Charge applicable to the Guaranteed Account immediately before the transfer over the Withdrawal Charge applicable to the Guaranteed Account after the transfer. Guaranteed values are at least as great as those required by the NAIC Standard Nonforfeiture Law for Individual Deferred Annuities. ICC12.RR.VA.BBK.(0313) 9 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS