Exhibit (b)(4)(c)(3) AMENDMENT OF ANNUITY CONTRACT TO QUALIFY AS FORMER PENSION ANNUITYNML Variable Annuity Account B • March 24th, 2006
As of the Date of Issue, this Amendment is made a part of this annuity contract issued by The Northwestern Mutual Life Insurance Company. Notwithstanding any other specific provisions in this contract to the contrary, this contract is amended to restrict the exercise of the rights of the Owner and any beneficiary, and to limit the purchase payment, as follows:
ContractNML Variable Annuity Account B • March 24th, 2006
The Northwestern Mutual Life Insurance Company agrees to pay the benefits provided in this contract, subject to its terms and conditions. Signed at Milwaukee, Wisconsin on the Issue Date.
The Northwestern Mutual Life Insurance Company agrees to pay the benefits provided in this contract, subject to its terms and conditions. Signed at Milwaukee, Wisconsin on the Date of Issue. CHAIRMAN AND C.E.O SECRETARYNML Variable Annuity Account B • March 24th, 2006
Net considerations accumulated in a Separate Account, assets of which are invested in shares of one or more mutual funds.
