Common use of USING THIS CONTRACT AS COLLATERAL SECURITY Clause in Contracts

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043-01/98 15 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment premium payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043-01/98 15 18 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- ------------------------------------------------------------------------------ PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043IA-1042-01/98 15 17 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- PAYMENTS WE MAY DEFERDEFER We may not be able to determine the value of the assets of the Variable Separate Account Divisions because: (1) the NYSE is closed for trading; (2) the SEC determines that a state of emergency exists; (3) an order or pronouncement of the SEC permits a delay for the protection of Owners; or (4) the check used to pay the premium has not cleared through the banking system. This may take up to 15 days.

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right rights are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders Benefit Riders may be changed to another annuity plan Annuity Plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will shall be those that the Premium Payment premium payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043IA-1008-01/98 04/95 15 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- - ----------------------------------------------------------------------------- PAYMENTS WE MAY DEFERDEFER We may not be able to determine the value of the assets of the Separate Account Divisions because:

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043-01/98 15 IA-1082 20 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- ------------------------------------------------------------------------------- CONTESTABILITY This Contract is incontestable from its date of issue. PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment premium payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043-01/98 15 18 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- - ------------------------------------------------------------------------------ PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043-01/98 15 IA-1083 18 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- ------------------------------------------------------------------------------- CONTESTABILITY This Contract is incontestable from its date of issue. PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can may assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. The Beneficiary's rights may be subordinate to those of an assignee unless the Beneficiary was designated as an irrevocable Beneficiary prior to the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment made would have bought at the correct age or sex. This Contract does not participate in the our divisible surplus surplus. CONTESTABILITY This Contract is incontestable from its date of Golden American Life Insurance Companyissue. GAIU-IA-1043-01/98 15 IA-3000 12 OTHER IMPORTANT INFORMATION (continuedContinued) ------------------------------------------------------------------------- PAYMENTS WE MAY DEFER-------------------------------------------------------------------------------- AUTHORITY TO MAKE AGREEMENTS All agreements made by us must be signed by one of our officers. No other person, including an insurance agent or broker, has the authority to:

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. The Beneficiary's rights may be subordinate to those of an assignee unless the Beneficiary was designated as an irrevocable Beneficiary prior to the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment made would have bought at the correct age or sex. GA-IA-1108 26 OTHER IMPORTANT INFORMATION (continued) -------------------------------------------------------------------------------- NON-PARTICIPATING This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043-01/98 15 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- CONTESTABILITY This Contract is incontestable from its date of issue. PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment premium payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043-01/98 15 IA-1074 20 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- ------------------------------------------------------------------------------ PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment premium payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043-01/98 15 IA-1059 16 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- -------------------------------------------------------------------------- PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. The Beneficiary's rights may be subordinate to those of an assignee unless the Beneficiary was designated as an irrevocable Beneficiary prior to the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. CONTESTABILITY This Contract is incontestable from its date of issue. GA-IA-1043-01/98 15 IA-1090 28 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- -------------------------------------------------------------------------------- PAYMENTS WE MAY DEFERDEFER We may not be able to determine the value of the assets of the Variable Separate Account Divisions because:

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right rights are subject to the terms of the assignment. The Beneficiary's rights may be subordinate to those of an assignee unless the Beneficiary was designated as irrevocable prior to the assignment. To make or release an assignment, we must receive written notice satisfactory to us, us at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment made would have bought at the correct age or sex. This Contract does not participate in the our divisible surplus of Golden American Life Insurance Companysurplus. GAIU-IA-1043-01/98 15 IA-3020 21 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- -------------------------------------------------------------------------------- CONTESTABILITY This Contract is incontestable from its Issue Date. PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment premium payment made would have bought at the correct age or sex. This Contract does not participate in the divisible surplus of Golden American Life Insurance Company. GA-IA-1043-01/98 IA-1075 15 OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- ------------------------------------------------------------------------------- PAYMENTS WE MAY DEFER

USING THIS CONTRACT AS COLLATERAL SECURITY. You can may assign this Contract as collateral security for a loan or other obligation. This does not change the ownership. Your rights and any Beneficiary's right are subject to the terms of the assignment. The Beneficiary's rights may be subordinate to those of an assignee unless the Beneficiary was designated as an irrevocable Beneficiary prior to the assignment. To make or release an assignment, we must receive written notice satisfactory to us, at our Customer Service Center. We are not responsible for the validity of any assignment. CHANGING THIS CONTRACT This Contract or any additional benefit riders may be changed to another annuity plan according to our rules at the time of the change. CONTRACT CHANGES - APPLICABLE TAX LAW We reserve the right to make changes in this Contract or its Riders to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. MISSTATEMENT OF AGE OR SEX If an age or sex has been misstated, the amounts payable or benefits provided by this Contract will be those that the Premium Payment made would have bought at the correct age or sex. This Contract does not participate in the our divisible surplus surplus. CONTESTABILITY This Contract is incontestable from its date of Golden American Life Insurance Companyissue. GAIU-IA-1043-01/98 15 IA-3014 31 -------------------------------------------------------------------------------- OTHER IMPORTANT INFORMATION (continued) ------------------------------------------------------------------------- -------------------------------------------------------------------------------- PAYMENTS WE MAY DEFERDEFER We may not be able to determine the value of the assets in the Variable Separate Account because: