Common use of Fixed and Variable Annuities Clause in Contracts

Fixed and Variable Annuities. You may choose a fixed annuity (with fixed-dollar payments), a variable annuity (with variable-dollar payments), or you may choose a combination of both. If you select a variable annuity, you may choose any Subaccounts for your annuity. If you select a variable annuity, on your Annuity Date, we will transfer that portion of your Net Contract Value that you indicate to the Subaccount(s) you choose. We will apply the net amount you convert to a fixed annuity and/or a variable annuity (and in this instance, to each Subaccount), based on your relative Account Value in each Investment Option on the Annuity Date. Any net amount you convert to a fixed annuity will be held in our General Account (but not under the Fixed Option). Each periodic payment under the fixed annuity will be equal to the amount of your first fixed annuity payment (unless you elect a joint and survivor life annuity with reduced survivor payments). The amount of each variable annuity periodic payment will vary with the investment results of the Subaccount(s) you select. After the Annuity Date, you may exchange the Annuity Units in any Subaccount(s) for Annuity Units in any other Subaccount(s) up to four times in any twelve month period. We reserve the right to limit the Subaccounts available, to change the number and frequency of exchanges, and to change the number of Subaccounts you may choose. In choosing an Annuity Option, you must submit your Option request to us in proper form. ANNUITY OPTIONS - The following forms of annuity payments are available under this Contract. Additional options may become available in the future:

Fixed and Variable Annuities. You may choose a fixed annuity (with fixed-dollar payments), a variable annuity (with variable-dollar payments), or you may choose a combination of both. If you select a variable annuity, you may choose any Subaccounts for your annuity. If you select a variable annuity, on your Annuity Date, we will transfer convert that portion of your Net Contract Value that you indicate to as it is currently allocated among the Subaccount(s) you choose). We will apply the net amount you convert to a fixed annuity and/or a variable annuity (and in this instance, to each Subaccount), based on your relative Account Value in each Investment Option on the Annuity Date. Any net amount you convert to a fixed annuity will be held in our General Account (but not under the Fixed Option). Each periodic payment under the fixed annuity will be equal to the amount of your first fixed annuity payment (unless you elect a joint and survivor life annuity with reduced survivor payments). The amount of each variable annuity periodic payment will vary with the investment results of the Subaccount(s) you select. After the Annuity Date, you may exchange the Annuity Units in any Subaccount(s) for Annuity Units in any other Subaccount(s) up to four times in any twelve month period. We reserve the right to limit the Subaccounts available, to change the number and frequency of exchanges, and to change the number of Subaccounts you may choose. In choosing an Annuity Option, you must submit your Option request to us in proper forma form satisfactory to us. ANNUITY OPTIONS - The following forms of annuity payments are available under this Contract. Additional options may become available in the future:

Fixed and Variable Annuities. You may choose a fixed annuity (with fixed-dollar payments), a variable annuity (with variable-dollar payments), or you may choose a combination of both. If you select a variable annuity, you may choose any Subaccounts for your the annuity. If you select a variable annuity, on your the Annuity Date, we will transfer convert that portion of your the Net Contract Value that you indicate to as it is currently allocated among the Subaccount(s) you choose). We will apply the net amount you convert to a fixed annuity and/or a variable annuity (and in this instance, to each Subaccount), based on your the relative Account Value in each Investment Option on the Annuity Date. Any net amount you convert to a fixed annuity will be held in our General Account (but not under the Fixed Option)Account. Each periodic payment Periodic Payment under the fixed annuity will be equal to the amount of your the first fixed annuity payment (unless you elect a joint Joint and survivor life annuity Survivor Life Annuity Option with reduced survivor payments). The amount of each variable annuity periodic payment Periodic Payment will vary with the investment results of the Subaccount(s) you select. After the Annuity Date, you may exchange the Annuity Units in any Subaccount(s) for Annuity Units in any other Subaccount(s) up to four (4) times in any twelve (12) month period. We reserve the right to limit the Subaccounts available, to change the number and frequency of exchanges, exchanges and to change the number of Subaccounts you may choose. In choosing an Amount of Payments — The first annuity payment amount depends on the Annuity Option, payment frequency, and whether you must submit your Option request to us in proper formselect a fixed annuity and/or a variable annuity. ANNUITY OPTIONS - The following forms If you do not choose the Period Certain Only Option, the amount will depend on the Age of annuity payments are available under this Contract. Additional options may become available in the future:Annuitant(s), the Annuity Date, and the sex of the Annuitant(s), unless unisex factors apply.

Fixed and Variable Annuities. You may choose a fixed annuity (with fixed-dollar payments), a variable annuity (with variable-dollar payments), or you may choose a combination of both. If you select a variable annuity, you may choose any Subaccounts for your annuity. If you select a variable annuity, on your Annuity Date, we will transfer that portion of your Net Contract Value that you indicate to the Subaccount(s) you choose. We will apply the net amount you convert to a fixed annuity and/or a variable annuity (and in this instance, to each Subaccount), based on your relative Account Value in each Investment Option on the Annuity Date. Any net amount you convert to a fixed annuity will be held in our General Account (but not under the Fixed Option or the DCA Plus Fixed Option). Each periodic payment under the fixed annuity will be equal to the amount of your first fixed annuity payment (unless you elect a joint and survivor life annuity with reduced survivor payments). The amount of each variable annuity periodic payment will vary with the investment results of the Subaccount(s) you select. After the Annuity Date, you may exchange the Annuity Units in any Subaccount(s) for Annuity Units in any other Subaccount(s) up to four times in any twelve month period. We reserve the right to limit the Subaccounts available, to change the number and frequency of exchanges, and to change the number of Subaccounts you may choose. In choosing an Annuity Option, you must submit your Option request to us in proper form. ANNUITY OPTIONS - -- The following forms of annuity payments are available under this Contract. Additional options may become available in the future:

Fixed and Variable Annuities. You may choose a fixed annuity (with fixed-dollar payments), a variable annuity (with variable-dollar payments), or you may choose a combination of both. If you select a variable annuity, you may choose any Subaccounts for your annuity. If you select a variable annuity, on your Annuity Date, we will transfer that portion of your Net Contract Value that you indicate to the Subaccount(s) you choose. We will apply the net amount you convert to a fixed annuity and/or a variable annuity (and in this instance, to each Subaccount), based on your relative Account Value in each Investment Option on the Annuity Date. Any net amount you convert to a fixed annuity will be held in our General Account (but not under the Fixed OptionOption or GIOs). Each periodic payment under the fixed annuity will be equal to the amount of your first fixed annuity payment (unless you elect a joint and survivor life annuity with reduced survivor payments). The amount of each variable annuity periodic payment will vary with the investment results of the Subaccount(s) you select. After the Annuity Date, you may exchange the Annuity Units in any Subaccount(s) for Annuity Units in any other Subaccount(s) up to four times in any twelve month period. We reserve the right to limit the Subaccounts available, to change the number and frequency of exchanges, and to change the number of Subaccounts you may choose. In choosing an Annuity Option, you must submit your Option request to us in proper form. ANNUITY OPTIONS - The following forms of annuity payments are available under this Contract. Additional options may become available in the future:

Fixed and Variable Annuities. You may choose a fixed annuity (with fixed-dollar payments), a variable annuity (with variable-dollar payments), or you may choose a combination of both. If you select a variable annuity, you may choose any Subaccounts for your the annuity. If you select a variable annuity, on your the Annuity Date, we will transfer convert that portion of your Net the Contract Value that you indicate to as it is currently allocated among the Subaccount(s) you choose). We will apply the net amount you convert to a fixed annuity and/or a variable annuity (and in this instance, to each Subaccount), based on your the relative Account Value in each Investment Option on the Annuity Date. Any net amount you convert to a fixed annuity will be held in our General Account (but not under the Fixed Option)Account. Each periodic payment Periodic Payment under the fixed annuity will be equal to the amount of your the first fixed annuity payment (unless you elect a joint Joint and survivor life annuity Survivor Life Annuity Option with reduced survivor payments). The amount of each variable annuity periodic payment Periodic Payment will vary with the investment results of the Subaccount(s) you select. After the Annuity Date, you may exchange the Annuity Units in any Subaccount(s) for Annuity Units in any other Subaccount(s) up to four (4) times in any twelve (12) month period. We reserve the right to limit the Subaccounts available, to change the number and frequency of exchanges, exchanges and to change the number of Subaccounts you may choose. In choosing an Amount of Payments — The first annuity payment amount depends on the Annuity Option, payment frequency, and whether you must submit your Option request to us in proper formselect a fixed annuity and/or a variable annuity. ANNUITY OPTIONS - The following forms If you do not choose the Period Certain Only Option, the amount will depend on the Age of annuity payments are available under this Contract. Additional options may become available in the future:Annuitant(s), the Annuity Date, and the sex of the Annuitant(s), unless unisex factors apply.