Common use of Annuity Date Clause in Contracts

Annuity Date. The Annuity Date selected by each Owner is shown in the Contract Specifications. The Annuity Date may be changed from time to time by the Owner by notifying the Company in writing. The notice must be received at the Company's Servicing Office at least 45 days prior to the Annuity Date then in effect. The new Annuity Date selected must be at least 30 days after the effective date of the change and not later than the Annuitant's 90th birthday (if more than one annuitant is named, the 90th birthday of the oldest annuitant). After the Annuity Date, no change of a settlement option is permitted, no payments may be requested under the "Cash Withdrawals" provision of the contract, and no Death Benefit is payable under the contract except as otherwise specified under the settlement option selected. ELECTION AND EFFECTIVE DATE OF ELECTION WITH RESPECT TO ANNUITY BENEFIT. During the lifetime of the Owner and prior to the Annuity Date, the Owner may elect to have the adjusted value of the Annuity Account applied on the Annuity Date under one or more of the settlement options set forth in this contract, or under any other settlement option as agreed to by the Company. The Owner may also change any election, but any election or change of election must be received at the Company's Servicing Office at least 45 days prior to the Annuity Date. The election or change of election may be made by filing with the Company at its Servicing Office written notice in such form as the Company may require. If no such election is in effect on the 30th day prior to the Annuity Date, the adjusted value of the Annuity Account will be applied under a Life Annuity with 120 months guaranteed. In such situation, the portion of the adjusted value of the Annuity Account to be applied for a Fixed Life Annuity under the Second Option and/or a Variable Life Annuity under Option II will be determined on a pro rata basis from the composition of the Annuity Account on the Annuity Date.

Annuity Date. The At issue the Annuity Date selected by each Owner is shown in the Contract Specificationsfirst day of the calendar month following the oldest Owner's 90th birthday. The You may change the Annuity Date may be changed from time to time an earlier date by the Owner by notifying the Company in writing. The sending written notice must be received at the Company's Servicing Office at least 45 days prior to the Annuity Date then in effectService Center. The new Annuity Date selected We must be receive the notice at least 30 days before the Annuity Date you select. The earliest Annuity Date we will permit is the first day of the calendar month after the effective date end of the free look period. Any Annuity Date you choose must be the first day of a month. ANNUITY INCOME Annuity income payments begin on the Annuity Date if all the Owners are still living. Annuity income will also begin on the Annuity Date if an Owner dies before the Annuity Date if (1) the Contract was jointly owned by spouses, and (2) the surviving spouse/Beneficiary elected to continue the Contract as his or her own. A surviving spouse who elects to continue the Contract as his or her own may change and not later than the Annuitant's Annuity Date to be as late as the first day of the calendar month following his or her 90th birthday (if more than one annuitant is namedbirthday. In all other cases involving the death of an Owner, the 90th birthday Contract must be distributed in accordance with the applicable provisions of the oldest annuitant)Code described in Required Distributions on Death of Owner, and the Annuitant(s) will not receive annuity income even if the Contract Value has not been distributed by the Annuity Date. After Annuity income payments continue until all Annuitants have died, or for 120 monthly payments, whichever is longer. The Owner(s) may change the Annuitant(s) before the Annuity Date. Before the Annuity Date you may withdraw all (but not a part)of your Contract Value to make a tax-free exchange in which you purchase any immediate annuity contract we then offer. If no Owner dies before the Annuity Date and there has not been a complete withdrawal, we will provide monthly fixed annuity income payments to the Annuitant or Annuitants who are living on the Annuity Date unless the Contract Value on the Annuity Date is not enough to provide an initial monthly annuity income payment of at least $20. In that case we may pay you the Contract Value in a lump sum instead of providing monthly annuity income. To provide annuity income, on the Annuity Date, no change of a settlement option is permitted, no all Accumulation Units in the Investment Options will be redeemed and the money will be transferred to our general account. All money used to support annuity income payments may will be requested under the "Cash Withdrawals" provision of the contract, and no Death Benefit is payable under the contract except as otherwise specified under the settlement option selectedheld in our general account thereafter. ELECTION AND EFFECTIVE DATE OF ELECTION WITH RESPECT TO ANNUITY BENEFIT. During the lifetime of the Owner and prior to The first monthly annuity income payment will be made on the Annuity Date, . We will determine the Owner may elect to have amount of monthly annuity income based upon the adjusted value age(s) and sex(es) of the Annuity Account applied Annuitant(s) living on the Annuity Date under one or more of and the settlement options set forth in this contract, or under any other settlement option as agreed to by the Companyannuity income purchase rate. The Owner may also change any election, but any election or change of election must be received at the Company's Servicing Office at least 45 days prior to the Annuity Date. The election or change of election may be made by filing with the Company at its Servicing Office written notice in such form as the Company may require. If no such election is in effect on the 30th day prior to the Annuity Date, the adjusted value of the Annuity Account annuity income purchase rate will be applied under a Life Annuity with 120 months guaranteed. In such situation, the portion of the adjusted value of the Annuity Account to be applied for a Fixed Life Annuity under the Second Option and/or a Variable Life Annuity under Option II will be determined on a pro rata basis from the composition of the Annuity Account on the Annuity Date.greater of:

Annuity Date. The At issue the Annuity Date selected by each Owner is shown in the Contract Specificationsfirst day of the calendar month following the oldest Owner's 90th birthday. The You may change the Annuity Date may be changed from time to time an earlier date by the Owner by notifying the Company in writing. The sending written notice must be received at the Company's Servicing Office at least 45 days prior to the Annuity Date then in effectService Center. The new Annuity Date selected We must be receive the notice at least 30 days after before the effective date Annuity Date you select. Any Annuity Date you choose must be the first day of a month. ANNUITY INCOME Annuity income payments begin on the Annuity Date if all the Owners are still living. Annuity income will also begin on the Annuity Date if an Owner dies before the Annuity Date if (1) the Contract was jointly owned by spouses, and (2) the surviving spouse/Beneficiary elected to continue the Contract as his or her own. A surviving spouse who elects to continue the Contract as his or her own may change the Annuity Date to be as late as the first day of the change and not later than calendar month following his or her 90th birthday. In all other cases involving the Annuitant's 90th birthday (if more than one annuitant is nameddeath of an Owner, the 90th birthday Contract must be distributed in accordance with the applicable provisions of the oldest annuitant)Code described in Required Distributions on Death of Owner, and the Annuitant(s) will not receive annuity income even if the Contract Value has not been distributed by the Annuity Date. After Annuity income payments continue until all Annuitants have died, or for 120 monthly payments, whichever is longer. The Owner(s) may change the Annuitant(s) before the Annuity Date. Before the Annuity Date you may withdraw all (but not a part)of your Contract Value to make a tax-free exchange in which you purchase any immediate annuity contract we then offer. If no Owner dies before the Annuity Date and there has not been a complete withdrawal, we will provide monthly fixed annuity income payments to the Annuitant or Annuitants who are living on the Annuity Date unless the Contract Value on the Annuity Date is not enough to provide an initial monthly annuity income payment of at least $20. In that case we may pay you the Contract Value in a lump sum instead of providing monthly annuity income. To provide annuity income, on the Annuity Date, no change of a settlement option is permitted, no all Accumulation Units in the Investment Options will be redeemed and the money will be transferred to our general account. All money used to support annuity income payments may will be requested under the "Cash Withdrawals" provision of the contract, and no Death Benefit is payable under the contract except as otherwise specified under the settlement option selectedheld in our general account thereafter. ELECTION AND EFFECTIVE DATE OF ELECTION WITH RESPECT TO ANNUITY BENEFIT. During the lifetime of the Owner and prior to The first monthly annuity income payment will be made on the Annuity Date, . We will determine the Owner may elect to have amount of monthly annuity income based upon the adjusted value age(s) and sex(es) of the Annuity Account applied Annuitant(s) living on the Annuity Date under one or more of and the settlement options set forth in this contract, or under any other settlement option as agreed to by the Companyannuity income purchase rate. The Owner may also change any election, but any election or change of election must be received at the Company's Servicing Office at least 45 days prior to the Annuity Date. The election or change of election may be made by filing with the Company at its Servicing Office written notice in such form as the Company may require. If no such election is in effect on the 30th day prior to the Annuity Date, the adjusted value of the Annuity Account annuity income purchase rate will be applied under a Life Annuity with 120 months guaranteed. In such situation, the portion of the adjusted value of the Annuity Account to be applied for a Fixed Life Annuity under the Second Option and/or a Variable Life Annuity under Option II will be determined on a pro rata basis from the composition of the Annuity Account on the Annuity Date.greater of:

Annuity Date. The When we issue the Contract the Annuity Date selected by each Owner is the Latest Annuity Date as shown in on the Schedule. You may change the Annuity Date if you select one that is after the 1st Contract SpecificationsAnniversary and at least 30 days after you give us the instruction. The Annuity Date may not be changed from time to time by the Owner by notifying the Company in writing. The notice must be received at the Company's Servicing Office at least 45 days prior to the Annuity Date then in effect. The new Annuity Date selected must be at least 30 days after the effective date of the change and not later than the Annuitant's 90th birthday (if more than one annuitant Latest Annuity Date without our consent. If this Contract is named, the 90th birthday of the oldest annuitant). After in force on the Annuity Date, no change you may apply the greater of the Contract Value or the Minimum Surrender Value, minus any applicable premium tax, to an Annuity Option and begin income payments. Or, you may take that amount in a settlement option is permittedlump sum. We do not apply the market value adjustment or assess a withdrawal charge on amounts applied to an Annuity Option on the Annuity Date, no or withdrawn or surrendered from the Contract on the Annuity Date. Income Payments – Income payments are guaranteed periodic payments from us to the designated Payee, made according to the Annuity Option you have selected, but not less often than once a year. Income payments may not be requested under altered or surrendered after the "Cash Withdrawals" provision Annuity Date, unless specifically permitted according to the terms of the contractAnnuity Option you select. Selection of the Annuity Option – You may select or change an Annuity Option up to 30 days before the Annuity Date. If you have not selected an Annuity Option by then, and no Death Benefit we will begin income payments one month after the Annuity Date. Those payments will be determined by applying your Contract Value (or, the Minimum Surrender Value, if greater) minus any applicable premium tax to fixed monthly income payments under "Option B - Life Income with Payments for a 10-Year Certain Period". The Annuity Options available to you may be limited by your Beneficiary designation or by other limitations imposed by applicable law. Annuity Options – You may select from among the following Annuity Options. OPTION A – PAYMENTS FOR A CERTAIN PERIOD: We will make income payments for the period you select from among those available at the time you make your selection. You may not choose a certain period less than 10 years without our consent. Payments under this Annuity Option do not depend on the life of an Annuitant. OPTION B – LIFE INCOME WITH OR WITHOUT A CERTAIN PERIOD: Payments are based on the life of an Annuitant. We reserve the right to require proof that the Annuitant is payable living before we make any income payment under the contract except as otherwise specified under the settlement option selected. ELECTION AND EFFECTIVE DATE OF ELECTION WITH RESPECT TO ANNUITY BENEFIT. During Option B. Annuity Options (continued) – If you include a certain period, we will make income payments for the lifetime of the Owner Annuitant guaranteed for, at least, the period you select. No certain period may be less than 10 years without our consent. Income payments stop at the end of the certain period or when the Annuitant dies, whichever is later. If no certain period is selected, income payments will end upon the death of the Annuitant regardless of how few, or even whether any income payments have been made. However, if no certain period is selected and prior the Annuitant dies within one month of the Annuity Date but before the first income payment has been made, we will terminate this Contract and immediately pay the Beneficiary the amount applied to the Annuity Date, the Owner Option in a lump sum. ADDITIONAL OPTION: You may elect to have the adjusted value of the Annuity Account applied on the Annuity Date under one or more of the settlement options set forth in this contract, or under choose any other settlement annuity option as agreed to by the Company. The Owner may also change any election, but any election or change of election must be received we offer at the Company's Servicing Office at least 45 days prior to the Annuity Date. The election or change of election may be made by filing with the Company at its Servicing Office written notice in such form as the Company may require. If no such election is in effect on the 30th day prior to the Annuity Date, the adjusted value of the Annuity Account will be applied under a Life Annuity with 120 months guaranteed. In such situation, the portion of the adjusted value of the Annuity Account to be applied for a Fixed Life Annuity under the Second Option and/or a Variable Life Annuity under Option II will be determined on a pro rata basis from the composition of the Annuity Account on the Annuity Datetime you make your selection.

Annuity Date. The Annuity Date is selected by each the Owner is shown in at the Contract SpecificationsIssue Date. The Annuity Date must be the first day of a calendar month and must be at least ninety (90) days after the Contract Issue Date. The Annuity Date may not be changed from time later than the earlier of when the ANNUITANT reached attained age 90 or the maximum date permitted under the law of the state in which the Contract is delivered. Prior to time the Annuity Date, the Owner, subject to the above, may change the Annuity Date by the Owner by notifying the Company in writingWritten Request. The notice Any change must be received at the Company's Servicing Office requested at least 45 thirty (30) days prior to the Annuity Date then in effect. The new Annuity Date Date. SELECTION OF AN ANNUITY OPTION: An Annuity Option may be selected must be at least 30 days after the effective date by Written Request of the change and not later than the Annuitant's 90th birthday (if more than one annuitant Owner. If no Annuity Option is namedselected, the 90th birthday Option 2 with 120 monthly payments guaranteed will automatically be applied. Unless specified otherwise, that portion of the oldest annuitant). After Contract Withdrawal Value allocated to the Variable Account shall be used to provide a Variable Annuity Date, no change of a settlement option is permitted, no payments may be requested under the "Cash Withdrawals" provision and that portion of the contract, Contract Withdrawal Value allocated to the Fixed Account and no Death Benefit is payable under the contract except as otherwise specified under the settlement option selectedMVA Account will be used to provide a Fixed Annuity. ELECTION AND EFFECTIVE DATE OF ELECTION WITH RESPECT TO ANNUITY BENEFIT. During the lifetime of the Owner and prior Prior to the Annuity Date, the Owner may elect to have the adjusted value of can change the Annuity Account applied on the Annuity Date under one or more of the settlement options set forth in this contract, or under any other settlement option as agreed to Option selected by the CompanyWritten Request. The Owner may also Any change any election, but any election or change of election must be received at the Company's Servicing Office requested at least 45 thirty (30) days prior to the Annuity Date. FREQUENCY AND AMOUNT OF ANNUITY PAYMENTS: Annuity Payments are paid in monthly installments. The election or change of election may be made by filing with Contract Withdrawal Value is applied to the Annuity Table for the Annuity Option selected. If the Contract Withdrawal Value to applied under an Annuity Option is less than $5,000, the Company reserves the right to make a lump sum payment in lieu of Annuity Payments. If the Annuity Payment would be or become less than $50, the Company reserves the right to reduce the frequency of payments to an interval which results in each payment being at its Servicing Office written notice in such form as least $50. ANNUITY OPTION: The following Annuity Options or any annuity option acceptable to the Company may require. If no such election is in effect on the 30th day prior to the Annuity Date, the adjusted value of the Annuity Account will be applied under a Life Annuity with 120 months guaranteed. In such situation, the portion of the adjusted value of the Annuity Account to be applied for a Fixed Life Annuity under the Second Option and/or a Variable Life Annuity under Option II will be determined on a pro rata basis from the composition of the Annuity Account on the Annuity Date.selected:

Annuity Date. The At issue the Annuity Date selected by each Owner is shown in the Contract Specificationsfirst day of the calendar month following the oldest Owner's 90th birthday. The You may change the Annuity Date may be changed from time to time an earlier date by the Owner by notifying the Company in writing. The sending written notice must be received at the Company's Servicing Office at least 45 days prior to the Annuity Date then in effectService Center. The new Annuity Date selected We must be receive the notice at least 30 days before the Annuity Date you select. The earliest Annuity Date we will permit is the first day of the calendar month after the effective date end of the free look period. Any Annuity Date you choose must be the first day of a month. ANNUITY INCOME Annuity income payments begin on the Annuity Date if all the Owners are still living. Annuity income will also begin on the Annuity Date if an Owner dies before the Annuity Date if (1) the Contract was jointly owned by spouses, and (2) the surviving spouse/Beneficiary elected to continue the Contract as his or her own. A surviving spouse who elects to continue the Contract as his or her own may change and not later than the Annuitant's Annuity Date to be as late as the first day of the calendar month following his or her 90th birthday (if more than one annuitant is namedbirthday. In all other cases involving the death of an Owner, the 90th birthday Contract must be distributed in accordance with the applicable provisions of the oldest annuitant)Code described in Required Distributions on Death of Owner, and the Annuitant(s) will not receive annuity income even if the Contract Value has not been distributed by the Annuity Date. After Annuity income payments continue until all Annuitants have died, or for 120 monthly payments, whichever is longer. The Owner(s) may change the Annuitant(s) before the Annuity Date. Before the Annuity Date you may withdraw all (but not a part) of your Contract Value to make a tax-free exchange in which you purchase any immediate annuity contract we then offer. If no Owner dies before the Annuity Date and there has not been a complete withdrawal, we will provide monthly fixed annuity income payments to the Annuitant or Annuitants who are living on the Annuity Date unless the Contract Value on the Annuity Date is not enough to provide an initial monthly annuity income payment of at least $20. In that case we may pay you the Contract Value in a lump sum instead of providing monthly annuity income. To provide annuity income, on the Annuity Date, no change of a settlement option is permitted, no all Accumulation Units in the Investment Options will be redeemed and the money will be transferred to our general account. All money used to support annuity income payments may will be requested under the "Cash Withdrawals" provision of the contract, and no Death Benefit is payable under the contract except as otherwise specified under the settlement option selectedheld in our general account thereafter. ELECTION AND EFFECTIVE DATE OF ELECTION WITH RESPECT TO ANNUITY BENEFIT. During the lifetime of the Owner and prior to The first monthly annuity income payment will be made on the Annuity Date, . We will determine the Owner may elect to have amount of monthly annuity income based upon the adjusted value age(s) and sex(es) of the Annuity Account applied Annuitant(s) living on the Annuity Date under one or more of and the settlement options guaranteed annuity income purchase rates set forth in this contract, or under any other settlement option as agreed to by the Company. The Owner may also change any election, but any election or change of election must be received at the Company's Servicing Office at least 45 days prior to the Annuity Date. The election or change of election may be made by filing with the Company at its Servicing Office written notice in such form as the Company may require. If no such election is in effect on the 30th day prior to the Annuity Date, the adjusted value of the Annuity Account will be applied under a Life Annuity with 120 months guaranteed. In such situation, the portion of the adjusted value of the Annuity Account to be applied for a Fixed Life Annuity under the Second Option and/or a Variable Life Annuity under Option II will be determined on a pro rata basis from the composition of the Annuity Account on the Annuity DateContract.