Common use of JOINT OWNER Clause in Contracts

JOINT OWNER. Any person named as Joint Owner on the Application and/or confirmation thereof and listed on the Contract Data Page, unless subsequently changed. The Joint Owner, if any, possesses an undivided interest in this Contract in conjunction with the Owner. All references within this Contract to Owner will also apply to the Joint Owner. LATEST ANNUITY DATE The later of first day of the month following Age 90 of the Owner or ten years after the Contract Date. If the Owner is a non-natural person, the Latest Annuity Date is the later of the first day of the month following Age 90 of the Annuitant or ten years after the Contract Date. MAXIMUM ANNUAL WITHDRAWAL AMOUNT Guaranteed withdrawals applicable only if You have elected an optional living benefit or guaranteed minimum withdrawal benefit and have not terminated the benefit under this Contract. The sum of all Purchase Payment(s), reduced for each Withdrawal in the same proportion that the Contract Value is reduced by each such Withdrawal. NYSE New York Stock Exchange.

JOINT OWNER. Any person named as Joint Owner on the Application and/or confirmation thereof and listed on the Contract Data Page, unless subsequently changed. The Joint Owner, if any, possesses an undivided interest in this Contract in conjunction with the Owner. All references within this Contract to Owner will also apply to the Joint Owner. LATEST ANNUITY DATE The later of first day of the month following Age 90 of the Owner or ten years after the Contract Date. If the Owner is a non-natural person, the Latest Annuity Date is the later of the first day of the month following Age 90 of the Annuitant or ten years after the Contract Date. MAXIMUM ANNUAL WITHDRAWAL AMOUNT Guaranteed withdrawals applicable only if You have elected an optional living benefit or guaranteed minimum withdrawal benefit and have not terminated the benefit under this Contract. The sum of all Purchase Payment(s), reduced for each Withdrawal in the same proportion that the Contract Value is reduced by each such Withdrawal. NYSE New York Stock Exchange.. FS-995 (12/10)

JOINT OWNER. Any person named as Joint Owner on the Application and/or confirmation thereof and listed on the Contract Data Page, unless subsequently changed. The Joint Owner, if any, possesses an undivided interest in this Contract in conjunction with the Owner. All references within this Contract to Owner will also apply to the Joint Owner. LATEST ANNUITY DATE The later of first day of the month following Age 90 of the Owner or ten years after the Contract Date. If the Owner is a non-natural person, the Latest Annuity Date is the later of the first day of the month following Age 90 of the Annuitant or ten years after the Contract Date. MAXIMUM ANNUAL WITHDRAWAL AMOUNT Guaranteed withdrawals applicable only if You have elected an optional living benefit or guaranteed minimum withdrawal benefit and have not terminated the benefit under this Contract. The sum of all Purchase Payment(s), reduced for each Withdrawal in the same proportion that the Contract Value is reduced by each such Withdrawal. NYSE New York Stock Exchange.NYSE

JOINT OWNER. Any person named as Joint Owner on the Application and/or confirmation thereof and listed on the Contract Data Page, unless subsequently changed. The Joint Owner, if any, possesses an undivided interest in this Contract in conjunction with the Owner. All references within this Contract to Owner will also apply to the Joint Owner. LATEST ANNUITY DATE The later of first day of the month following Age 90 of the Owner or ten years after the Contract Date. If the Owner is a non-natural person, the Latest Annuity Date is the later of the first day of the month following Age 90 of the Annuitant or ten years after the Contract Date. MAXIMUM ANNUAL WITHDRAWAL AMOUNT Guaranteed withdrawals applicable only if You have elected an optional living benefit or guaranteed minimum withdrawal benefit and have not terminated the benefit under this Contract. The sum of all Purchase Payment(s), reduced for each Withdrawal in the same proportion that the Contract Value is reduced by each such Withdrawal. NYSE New York Stock Exchange.. FS-993-PPS7 (12/10)