Common use of Contingent Deferred Sales Charge Clause in Contracts

Contingent Deferred Sales Charge. A Contingent Deferred Sales Charge may be assessed against the Accumulated Value when surrendered. The length of time from receipt of the purchase payment to the time of surrender determines the charge. For this purpose, Purchase Payments will be deemed to be surrendered in the order in which they were received and all surrenders will be first from Purchase Payments and then from other contract values. This charge is a percentage of the amount withdrawn (not to exceed the aggregate amount of the Purchase Payments made) and equals: Length of time from Contingent Deferred Purchase Payment Sales Charge (Number of years) ------------ ----------------- 7% Less than 1 6% 1 - 2 5% 2 - 3 4% 3 - 4 3% 4 - 5 2% 5 - 6 1% 6 - 7 None More than 7 No Contingent Deferred Sales Charges will be assessed in the event of the death of the Annuitant or the Owner (as applicable), or if contract values are applied to an annuity option provided for under this contract or upon the exercise of the Withdrawal Privilege. BENEFICIARY

Contingent Deferred Sales Charge. A Contingent Deferred Sales Charge may be assessed against the Accumulated Value when surrendered. The length of time from receipt of the purchase payment to the time of surrender determines the charge. For this purpose, Purchase Payments will be deemed to be surrendered in the order in which they were received and all surrenders will be first from Purchase Payments and then from other contract values. This charge is a percentage of the amount withdrawn (not to exceed the aggregate amount of the Purchase Payments made) and equals: Length of time from Contingent Deferred Purchase Payment Sales Charge (Number of yearsYears) ------------ ----------------- 7% Less than 1 6% 1 - 2 5% 2 - 3 4% 3 - 4 3% 4 - 5 2% 5 - 6 1% 6 - 7 None More than 7 No Contingent Deferred Sales Charges will be assessed in the event of the death of the Annuitant or the Owner (as applicable), or if contract values are applied to an annuity option provided for under this contract or upon the exercise of the Withdrawal Privilege. BENEFICIARY