Common use of ANNUAL GUARANTEED WITHDRAWAL AMOUNT] Clause in Contracts

ANNUAL GUARANTEED WITHDRAWAL AMOUNT]. For each Year, the amount We guarantee will be available as a Guaranteed Withdrawal on and after the Guaranteed Withdrawal Lock-In Date. On the Guaranteed Withdrawal Lock-In Date, such amount is equal to the product of the Guaranteed Withdrawal Percentage and the Income Base. If the Guaranteed Withdrawal Lock-In Date is not on the Participant’s Birthday, the A[Annual Guaranteed Withdrawal Amount] available between the Guaranteed Withdrawal Lock-In Date and the Participant’s next Birthday will be reduced by the percentage equivalent to the ratio of (i) the number of days since the Participant’s last Birthday and (ii) 365 days. The A[Annual Guaranteed Withdrawal Amount] may be increased or decreased in the manner set forth in Section 3 of this Rider. If the entire A[Annual Guaranteed Withdrawal Amount] is not taken as a Withdrawal within any Year, the portion of the A[Annual Guaranteed Withdrawal Amount] not taken as a Withdrawal shall expire and will not increase the A[Annual Guaranteed Withdrawal Amount] for any subsequent Year. The A[Annual Guaranteed Withdrawal Amount] shall not be greater than C[$287,500] or less than C[$250].

ANNUAL GUARANTEED WITHDRAWAL AMOUNT]. For each Year, the amount We guarantee will be available as a Guaranteed Withdrawal on and after the Guaranteed Withdrawal Lock-In Date. On the Guaranteed Withdrawal Lock-In Date, such amount is equal to the product of the Guaranteed Withdrawal Percentage and the Income Base. If the Guaranteed Withdrawal Lock-In Date is not on the Participant’s Birthday, the A[Annual [Annual Guaranteed Withdrawal Amount] available between the Guaranteed Withdrawal Lock-In Date and the Participant’s next Birthday will be reduced by the percentage equivalent to the ratio of (i) the number of days since the Participant’s last Birthday and (ii) 365 days. The A[Annual [Annual Guaranteed Withdrawal Amount] may be increased or decreased in the manner set forth in Section 3 of this Rider. If the entire A[Annual [Annual Guaranteed Withdrawal Amount] is not taken as a Withdrawal within any Year, the portion of the A[Annual [Annual Guaranteed Withdrawal Amount] not taken as a Withdrawal shall expire and will not increase the A[Annual [Annual Guaranteed Withdrawal Amount] for any subsequent Year. The A[Annual [Annual Guaranteed Withdrawal Amount] shall not be greater than C[$287,500[$250,000] or less than C[$250][$1,000] .