Common use of GUARANTEED VALUES Clause in Contracts

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 92% 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to the Guaranteed Interest Fund 1; less • an accumulation, at the Nonforfeiture Rate, of the cash value of amounts withdrawn or transferred from the Guaranteed Interest Fund 1.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 redetermined at the start of any Guaranteed Period. Upon redetermination, the Nonforfeiture Rate will equal the greater of (a) 1% 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 state in which this contract is delivered. XX.X.X.XX.(0805) 8

GUARANTEED VALUES. The cash value of the Guaranteed Interest Fund 1 will not be less than the Minimum Value. The Minimum Value Equals: • an An accumulation, at the Nonforfeiture Rate, of 9287.5% of the amount applied to the Guaranteed Interest Fund 1; less • an An accumulation, at the Nonforfeiture Rate, of the cash value of amounts withdrawn or transferred from the Guaranteed Interest Fund 1.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 redetermined at the start of any Guaranteed Period. Upon redetermination, the Nonforfeiture Rate will equal the greater of (a) 1% 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 state in which this contract is delivered. XX.X.X.XX.(0805RR.V.B.MSNST.(0805) 8

GUARANTEED VALUES. The cash value of the Guaranteed Interest Fund 1 will not be less than the Minimum Value. The Minimum Value Equalsequals: • an accumulation, at the Nonforfeiture Ratenonforfeiture rate, of 92% of the amount applied to the Guaranteed Interest Fund 1; less • an accumulation, at the Nonforfeiture Ratenonforfeiture rate, of the cash value of amounts withdrawn or transferred from the Guaranteed Interest Fund 1. The Initial Nonforfeiture Rate initial nonforfeiture rate is shown on page Page 4. The Nonforfeiture Rate nonforfeiture rate will be redetermined at the start of any Guaranteed Period. Upon redetermination, the Nonforfeiture Rate nonforfeiture rate will equal the greater of (a) 1% 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 state in which this contract is deliveredNAIC Standard Nonforfeiture Law for Individual Deferred Annuities. XX.X.X.XX.(0805ICC12.RR.VA.BFR.(0313) 8