Common use of Non-Qualified Clause in Contracts

Non-Qualified. Annuity Contract - An annuity Contract which is not intended to satisfy the requirements of Section 408(b) (IRAs) or Section 408A (Roth IR▇▇) of the Code. This Contract may be issued as a Non- Qualified Annuity Contract. Owner - The person or persons named on the Contract Data Page and Rider Data Page, if applicable. The Owner must be age 85 or younger at the time the contract is issued. The Owner is entitled to exercise all rights and privileges under the Contract while the Annuitant is living. Joint Owners must be one another’s Spouse as of the Effective Date and must both be natural persons. The Annuitant will be the Owner unless otherwise indicated in the application. The Owner must be either a natural person, an IRA custodian or trustee, or a Grantor Trust. If the Owner is a Grantor Trust, all references in the Contract and Rider to the life, age or death of the Owner shall pertain to the life, age or death of the Grantor(s). If the Owner is an IRA custodian or trustee, all references to the life, age, or death of the Owner pertain to the life, age, or death of the Underlying IRA Hol▇▇▇. ▇▇▇▇ut Election Date - The date on which Investment Strategy annuity payouts or periodic withdrawals begin. Payout Election Date must occur before the Annuitant’s 99th birthday. Portfolio - A registered management investment company, or portfolio or series thereof, in which the assets of the Series Account may be invested. Premium Tax - The amount of tax, if any, charged by a state or other governmental authority. Qualified Annuity Contract - An annuity contract that is intended to qualify under Section 408(b) (IRAs) or Section 408A (Roth IR▇▇) of the Code. This Contract may be issued as a Qualified Annuity Contract. Request - Any written, telephoned, electronic or computerized instruction in a form satisfactory to the Company and received at the Retirement Resource Operations Center from the Owner or the Owner’s designee (as specified in a form acceptable to the Company), or the Beneficiary (as applicable), as required by any provision of this Contract. The Request is subject to any action taken or payout made by the Company before it is processed. A written Request will be deemed to include electronic mail transmissions only if such transmissions include PDF or other facsimile transmissions clearly reproducing the manual signature.

Non-Qualified. Annuity Contract - An annuity Contract which is not intended to satisfy the requirements of Section 408(b) (IRAs) or Section 408A (Roth IR▇▇▇▇) of the Code. This Contract may be issued as a Non- Qualified Annuity Contract. Owner - The person or persons named on the Contract Data Page and Rider Data Page, if applicable. The Owner must be age 85 or younger at the time the contract is issued. The Owner is entitled to exercise all rights and privileges under the Contract while the Annuitant is living. Joint Owners must be one another’s Spouse as of the Effective Date and must both be natural persons. The Annuitant will be the Owner unless otherwise indicated in the application. The Owner must be either a natural person, an IRA custodian or trustee, or a Grantor Trust. If the Owner is a Grantor Trust, all references in the Contract and Rider to the life, age or death of the Owner shall pertain to the life, age or death of the Grantor(s). If the Owner is an IRA custodian or trustee, all references to the life, age, or death of the Owner pertain to the life, age, or death of the Underlying IRA HolH▇▇▇▇▇. ▇▇▇▇ut yout Election Date - The date on which Investment Strategy annuity payouts or periodic withdrawals begin. Payout Election Date must occur before the Annuitant’s 99th birthday. Portfolio - A registered management investment company, or portfolio or series thereof, in which the assets of the Series Account may be invested. Premium Tax - The amount of tax, if any, charged by a state or other governmental authority. Qualified Annuity Contract - An annuity contract that is intended to qualify under Section 408(b) (IRAs) or Section 408A (Roth IR▇▇▇▇) of the Code. This Contract may be issued as a Qualified Annuity Contract. Request - Any written, telephoned, electronic or computerized instruction in a form satisfactory to the Company and received at the Retirement Resource Operations Center from the Owner or the Owner’s designee (as specified in a form acceptable to the Company), or the Beneficiary (as applicable), as required by any provision of this Contract. The Request is subject to any action taken or payout made by the Company before it is processed. A written Request will be deemed to include electronic mail transmissions only if such transmissions include PDF or other facsimile transmissions clearly reproducing the manual signature.