Common use of Monthly Deduction Clause in Contracts

Monthly Deduction. The Monthly Deduction is made on the Contract Date and on each subsequent Monthly Anniversary prior to the Insured's Attained Age 100. If any Monthly Anniversary occurs prior to the Contract Date, the deduction(s) for such day(s) will also be made on the Contract Date. The Monthly Deduction made from the subaccounts of the Variable Account is the sum of: 1) The monthly Cost of Insurance (see Section 7.2); 2) The monthly Administrative Charge. This charge is the sum of: a) The Basic Monthly Charge of $10.00; and b) Any Initial Monthly Charge. This is a charge per $1,000 of Initial Face Amount. However, if the Initial Face Amount is decreased according to Section 5.5, the charge will be based on the Face Amount remaining after the decrease. The charge is made on the Contract Date and then on each Monthly Anniversary until 180 charges have been made. The charge per $1,000 is shown on page 4; 3) Any Initial Monthly Charge for Increases. This is a charge per $1,000 of increase in Face Amount. However, if the increased Face Amount is later decreased according to Section 5.5, the charge will be based on the amount of the increased Face Amount remaining after the decrease. The charge is made on the effective date of each increase according to Section 5.3 and then on each Monthly Anniversary until 180 charges have been made. The charge is based on Attained Age on the date of the increase. The charge per $1,000 is shown on page 5; 4) Any Decrease Charge which results from a requested decrease in Face Amount according to Section 5.5; and 5) The monthly cost of any Additional Benefits. However, if the Monthly Deduction is greater than the Cash Surrender Value and the requirements of the Death Benefit Guarantee are met, the deduction made will not exceed the Accumulated Value less any Debt. We will pay the balance of the Monthly Deduction. The Monthly Deduction is taken from each subaccount according to the ratio for this contract of the accumulated value in the subaccount to the sum of the accumulated values in all the subaccounts. With our approval, you may choose other allocations of the Monthly Deduction.

Monthly Deduction. The Monthly Deduction is made on the Contract Date and on each subsequent Monthly Anniversary prior to the Insured's Attained Age 100. If any Monthly Anniversary occurs prior to the Contract Date, the deduction(s) for such day(s) will also be made on the Contract Date. The Monthly Deduction made from the subaccounts of the Variable Account Accumulated Value is the sum of: : 1) The Basic Monthly Charge shown on page 3A; 2) Any Monthly Unit Charges in effect on the Monthly Anniversary; 3) The monthly Mortality and Expense Risk Charge based on the accumulated value in the subaccounts. This charge on an annual basis is guaranteed not to exceed the Maximum Annual Mortality and Expense Risk Charge shown on page 3A; 4) The monthly cost of any Additional Benefits other than any disability waiver of monthly deduction benefit; 5) The monthly Cost of Insurance (see Section 7.210.2); 2) The monthly Administrative Charge. This charge is the sum of: a) The Basic Monthly Charge of $10.00; and b) Any Initial Monthly Charge. This is a charge per $1,000 of Initial Face Amount. However, if the Initial Face Amount is decreased according to Section 5.5, the charge will be based on the Face Amount remaining after the decrease. The charge is made on the Contract Date and then on each Monthly Anniversary until 180 charges have been made. The charge per $1,000 is shown on page 4; 3) Any Initial Monthly Charge for Increases. This is a charge per $1,000 of increase in Face Amount. However, if the increased Face Amount is later decreased according to Section 5.5, the charge will be based on the amount of the increased Face Amount remaining after the decrease. The charge is made on the effective date of each increase according to Section 5.3 and then on each Monthly Anniversary until 180 charges have been made. The charge is based on Attained Age on the date of the increase. The charge per $1,000 is shown on page 5; 4) Any Decrease Charge which results from a requested decrease in Face Amount according to Section 5.5; and 5and 6) The monthly cost of any Additional Benefitsdisability waiver of monthly deduction benefit. HoweverMonthly Deductions are made on the Contract Date for the Date of Issue and any Monthly Anniversary that occurs on or prior to the Contract Date. There- after, if the a Monthly Deduction is greater than the Cash Surrender Value and the requirements of the Death Benefit Guarantee are met, made on each Monthly Anniversary prior to Attained Age 121 unless a premium is in default (see Section 4.4) or the deduction is postponed under Section 5.1 NO-LAPSE GUARANTEE. A postponed Monthly Deduction is made will not exceed on the first day on which the Accumulated Value less any Debt. We will pay Debt exceeds the balance amount of the postponed Monthly Deduction. If the day on which a Monthly Deduction is made is not a Valuation Day, the Monthly Deduction will be calculated using accumulation unit values determined at the end of the preceding Valuation Period. Deductions from Accumulated Value are made in the order listed above and after any Decrease Charges applied on the same day. The Mortality and Expense Risk Charge is taken from each subaccount of the Variable Account based on the accumulated value in the subaccount. The remainder of the Monthly Deduction is taken from each subaccount the subaccounts and from the Fixed Accounts according to their Account Ratios on the ratio for this contract of the accumulated value in the subaccount to the sum of the accumulated values in all the subaccountsMonthly Anniversary. With our approval, you may choose other allocations of the Monthly Deduction.. (continued) ICC19 V-VZ-VUL page 21 VZ2100IC Contract Number: BEN_CTRC_NB

Monthly Deduction. The Monthly Deduction is made on the Contract Date and on each subsequent Monthly Anniversary prior to the Insured's Attained Age 100Anniversary. If any Monthly Anniversary occurs prior to the Contract Date, the deduction(s) for such day(s) will also be made on the Contract Date. The Monthly Deduction made from the subaccounts of the Variable Account is the sum of: : 1) The monthly Cost of Insurance (see Section 7.2); ; 2) The monthly Monthly Administrative Charge. This charge is the sum of: : a) The Basic Monthly Administrative Charge of $10.00shown on page 4; and and b) Any Initial Monthly Administrative Charge. This is a charge per $1,000 of Initial Face Amount. However, if the Initial Face Amount is decreased according to Section 5.5, the charge will be based on the Face Amount remaining after the decrease. The charge is made on the Contract Date and then on each Monthly Anniversary until 180 120 charges have been made. The charge per $1,000 is shown on page 4; ; 3) Any Initial Monthly Administrative Charge for Increasesincreases. This is a charge per $1,000 of increase in Face Amount. However, if the increased Face Amount is later decreased according to Section 5.5, the charge will be based on the amount of the increased Face Amount remaining after the decrease. The charge is made on the effective date of each increase according to Section 5.3 and then on each Monthly Anniversary until 180 120 charges have been made. The charge is based on Attained Age on the date of the increase. The charge per $1,000 is shown on page 5; ; 4) Any Decrease Charge which results from a requested decrease in Face Amount according to Section 5.5; and and 5) The monthly cost of any Additional Benefits. However, if the Monthly Deduction is greater than the Cash Surrender Value and the requirements of the Death Benefit Guarantee are met, the deduction made will not exceed the Accumulated Value less any Debt. We will pay the balance of the Monthly Deduction. The Monthly Deduction is taken from each subaccount according to the ratio for this contract of the accumulated value in the subaccount to the sum of the accumulated values in all the subaccounts. With our approval, you may choose other allocations of the Monthly Deduction.