Common use of TRANSFERS AFTER THE ANNUITY COMMENCEMENT DATE Clause in Contracts

TRANSFERS AFTER THE ANNUITY COMMENCEMENT DATE. After the Annuity Commencement Date, You may transfer the value of the variable annuity units from one Subaccount to another within a Separate Account or to the Fixed Account. If You want to transfer the value of the variable annuity units, You must tell us in a signed notice which gives us the facts that we need. We reserve the right to limit transfers between the Subaccounts or to the Fixed Account to once per Contract Year. The minimum amount which may be transferred is the lesser of $10 monthly income or the entire monthly income of the variable annuity units in the Subaccount from which the transfer is being made. If the monthly income of the remaining units in a Subaccount is less than $10, we have the right to include the value of those variable annuity units as part of the transfer. After the Annuity Commencement Date, no transfers may be made from the Fixed Account to any other Investment Options. VB1148 SECTION 9 ---------- DEATH PROCEEDS ---------------------------- A. DEATH PROCEEDS PRIOR TO ANNUITY COMMENCEMENT DATE The amount of death proceeds will be the greater of (a) or (b) where: (a) is the Account Value on the date we receive due proof of death and an election of a method of settlement; and (b) is the Guaranteed Minimum Death Benefit (GMDB), if any, plus any additional purchase payments received, less any Partial Withdrawals from the date of death to the date of payment of death proceeds. If You have not selected a payment option by the date of death, the beneficiary may make such election within one year of the date we receive due proof of the owner's or ▇▇▇▇▇▇▇▇▇'s death as described in B below. The beneficiary may elect to receive the death proceeds as a lump sum payment or may use the death proceeds to provide any of the annuity Payment Options described in Section 10. Interest on death proceeds will be paid as required by law.

TRANSFERS AFTER THE ANNUITY COMMENCEMENT DATE. After the Annuity Commencement Date, You may transfer the value of the variable annuity units from one Subaccount to another within a the Separate Account or to the Fixed Account. If You want to transfer the value of the variable annuity units, You must tell us in provide a signed notice which gives us notice, containing the facts that we need. We reserve the right to limit transfers between the Subaccounts or to the Fixed Account Accounts to once per Contract Year. The minimum amount which may be transferred is the lesser of $10 monthly income or the entire monthly income of the variable annuity units in the Subaccount from which the transfer is being made. If the monthly income of the remaining units in a Subaccount is less than $10, we have the right to include the value of those variable annuity units as part of the transfer. After the Annuity Commencement Date, no transfers may be made from the Fixed Account to any other Investment Options. VB1148 SECTION 9 ---------- - DEATH PROCEEDS ----------------------------PROCEEDS A. DEATH PROCEEDS PRIOR TO ANNUITY COMMENCEMENT DATE The amount of death proceeds will be the greater greatest of (a), (b) or (bc) where: (a) is the Account Value on the date we receive due proof of death and an election of a method of settlement; and (b) is the Cash Value on the date we receive due proof of death and an election of a method of settlement, and; (c) is the Guaranteed Minimum Death Benefit (GMDB), if any, plus any additional purchase premium payments received, less any Gross Partial Withdrawals from the date of death to the date of payment of death proceeds. If You have not selected a payment option by the date of death, the beneficiary may make such election within one year of the date we receive due proof of the owner's or ▇▇▇▇▇▇▇▇▇'s death as described in B C below. The beneficiary may elect to receive the death proceeds as a lump sum payment or may use the death proceeds to provide any of the annuity Payment Options described in Section 10. Interest on death proceeds will be paid as required by law.