Common use of Optional Payment Plans Clause in Contracts

Optional Payment Plans. 21 Copies of any riders and endorsements follow page 24. DEFINITIONS -------------------------------------------------------------------------------- Accumulation Unit - A unit of measure used in calculating the Contract Value in each Subaccount prior to the Annuity Commencement Date. Annuitant / Joint Annuitant - The person(s) whose age and, where appropriate, gender are used in determining the amount of Income Payments. A Death Benefit is payable on the death of any Annuitant prior to the Annuity Commencement Date. Annuity Commencement Date - The date stated on the Contract Data Pages, unless changed after issue, on which Income Payments are scheduled to begin, if the Annuitant(s) is living on that date. Annuity Commencement Value - The Contract Value on the day immediately preceding the Annuity Commencement Date. Annuity Unit - A unit of measure used to calculate Variable Income Payments.

Optional Payment Plans. 21 20 Copies of any riders and endorsements follow page 2422. DEFINITIONS -------------------------------------------------------------------------------- Accumulation Unit - A unit of measure used in calculating the Contract Value in each Subaccount prior to the Annuity Commencement Date. Annuitant / Joint Annuitant - The person(s) whose age and, where appropriate, gender are used in determining the amount of Income Payments. A Death Benefit is payable on the death of any Annuitant prior to the Annuity Commencement Date. Annuity Commencement Date - The date stated on the Contract Data Pages, unless changed after issue, on which Income Payments are scheduled to begin, if the Annuitant(s) is living on that date. Annuity Commencement Value - The Contract Value on the day immediately preceding the Annuity Commencement Date. Annuity Unit - A unit of measure used to calculate Variable Income Payments.