Common use of Surrender Fee Clause in Contracts

Surrender Fee. For each surrender from an Individual Account, the Surrender Fee will vary according to the period of time between the effective date of the Individual Account and the date of surrender. The Surrender Fee will be determined as follows: If Period of Time is Surrender Fee 5 year or less 5% More than 5 years but not more than 6 years 4% More than 6 years but not more than 7 years 3% More than 7 years but not more than 8 years 2% More than 8 years but not more than 9 years 1% More than 9 years 0% No Surrender Fee is deducted from any portion of the Individual Account which is paid:

Surrender Fee. For each surrender from an Individual Accountsurrender, the Surrender Fee will vary according to the period of time between the effective date of the Individual Account Contract and the date of surrender. The Surrender Fee will be determined as follows: If Period of Time is Surrender Fee 5 year or less 5% More Less than 5 years but not more than 5% From 5 to 6 years 4% More than From 6 years but not more than to 7 years 3% More than From 7 years but not more than to 8 years 2% More than From 8 years but not more than to 9 years 1% More than 9 or more years 0% No Surrender Fee is deducted from any portion of the Individual Account Current Value which is paid:

Surrender Fee. For each surrender from an Individual Account, the Surrender Fee will vary according to the period of time between the effective date of the Individual Account and the date of surrender. The Surrender Fee will be determined as follows: If Period of Time is Surrender Fee 5 year or less 5% More Less than 5 years but not more than 5% From 5 to 6 years 4% More than From 6 years but not more than to 7 years 3% More than From 7 years but not more than to 8 years 2% More than From 8 years but not more than to 9 years 1% More than 9 or more years 0% No Surrender Fee is deducted from any portion of the Individual Account which is paid:

Surrender Fee. For each surrender from an Individual Account, the Surrender Fee will vary according to the period of time between the effective date of the Individual Account and the date of surrender. The Surrender Fee will be determined as follows: If Period of Time is Surrender Fee 5 year or less 5% More than 5 years but not more than 6 years 4% More than 6 years but not more than 7 years 3% More than 7 years but not more than 8 years 2% More than 8 years but not more than 9 years 1% More than 9 years 0% No Surrender Fee is deducted from any portion of the Individual Account which is paid:

Surrender Fee. For each surrender from an Individual Accountsurrender, the Surrender Fee will vary according to the period of time between the effective date Effective Date of the Individual Account Contract and the date of surrender. The Surrender Fee will be determined as follows: If Period of Time is Surrender Fee 5 year or less 5% More Less than 5 years but not more than 5% From 5 to 6 years 4% More than From 6 years but not more than to 7 years 3% More than From 7 years but not more than to 8 years 2% More than From 8 years but not more than to 9 years 1% More than 9 or more years 0% No Surrender Fee is deducted from any portion of the Individual Account Current Value which is paid:

Surrender Fee. For each surrender from an Individual Accountsurrender, the Surrender Fee will vary according to the period of time between the effective date of the Individual Account Contract and the date of surrender. The Surrender Fee will be determined as follows: If Period of Time is Surrender Fee 5 year years or less 5% More than 5 years but not more than 6 years 4% More than 6 years but not more than 7 years 3% More than 7 years but not more than 8 years 2% More than 8 years but not more than 9 years 1% More than 9 years 0% No Surrender Fee is deducted from any portion of the Individual Account Current Value which is paid: