Common use of BONUS CREDIT Clause in Contracts

BONUS CREDIT. A Bonus Credit is paid into this Contract by LNL for the initial and all subsequent Purchase Payments made to this Contract. The amount of the Bonus Credit is calculated as a percentage of the Purchase Payment. The Bonus Credit percentage is based upon the amount of the Owner's Cumulative Purchase Payments to the Contract at the time of a Purchase Payment. Determination of the Owner's Cumulative Purchase Payments and the Bonus Credit percentage is set forth on the Contract Data page(s). If a subsequent Purchase Payment is made on or before the first anniversary of the Contract Date and that Purchase Payment increases the Owner's Cumulative Purchase Payments to a level that qualifies the Purchase Payment for a Bonus Credit percentage which is higher than the Bonus Credit percentage paid on prior Purchase Payments, then an additional Bonus Credit will be paid into the Contract at the time the subsequent Purchase Payment is made. The additional Bonus Credit will be determined by multiplying the sum of the prior Purchase Payments by the additional Bonus Credit percentage. The additional Bonus Credit percentage will be the difference between the percentage applicable to the subsequent Purchase Payment and the percentage applied to the prior Purchase Payments. This additional Bonus Credit will be paid into the Contract as of the Valuation Date the subsequent Purchase Payment is allocated, and will not be applied to the Contract retroactively to the date of prior Purchase Payments. This additional Bonus Credit will not be applicable after the first anniversary of the Contract Date. Bonus Credits will be allocated to the Fixed Sub-accounts and/or the Variable Sub-accounts of the Contract at the same time and at the same percentages as the Purchase Payment being made to the Contract. Bonus Credits are not considered Purchase Payments.

BONUS CREDIT. A Bonus Credit is paid into this Contract by LNL for the initial and all subsequent Purchase Payments made to this Contract. The amount of the Bonus Credit is calculated as a percentage of the Purchase Payment. The Bonus Credit percentage is based upon the amount of the Owner's Cumulative Purchase Payments to the Contract Investment at the time of a Purchase Payment. Determination of the Owner's Cumulative Purchase Payments Investment and the Bonus Credit percentage is set forth on the Contract Data page(s). If a subsequent Purchase Payment is made on or before the first anniversary of the Contract Date and that Purchase Payment increases the Owner's Cumulative Purchase Payments Investment to a level that qualifies the Purchase Payment Payments for a Bonus Credit percentage which is higher than the a Bonus Credit percentage paid on the prior Purchase PaymentsPayment, then an additional Bonus Credit will be paid into the Contract at the time the subsequent Purchase Payment is made. The additional Bonus Credit will be determined by multiplying the sum of the prior Purchase Payments by the additional Bonus Credit percentage. The additional Bonus Credit percentage will be the difference between the percentage applicable to the subsequent Purchase Payment and the percentage applied to the prior Purchase Payments. This additional Bonus Credit will be paid into the Contract as of the Valuation Date of the subsequent Purchase Payment is allocatedPayment, and will not be applied to the Contract retroactively to the date of the prior Purchase PaymentsPayment. This additional Bonus Credit will not be applicable after the first anniversary of the Contract Date. Bonus Credits will be allocated to the Fixed Sub-accounts Account and/or the Variable Sub-Sub- accounts of the Contract at the same time and at the same percentages as the Purchase Payment being made to the Contract. Bonus Credits are not considered Purchase Payments.

BONUS CREDIT. A Bonus Credit is paid into this Contract by LNL for the initial and all subsequent Purchase Payments made to this Contract. The amount of the Bonus Credit is calculated as a percentage of the Purchase Payment. The Bonus Credit percentage is based upon the amount of the Owner's Cumulative Purchase Payments to the Contract Investment at the time of a Purchase Payment. Determination of the Owner's Cumulative Purchase Payments Investment and the Bonus Credit percentage is set forth on the Contract Data page(s). If a subsequent Purchase Payment is made on or before the first anniversary of the Contract Date and that Purchase Payment increases the Owner's Cumulative Purchase Payments Investment to a level that qualifies the Purchase Payment for a Bonus Credit percentage which is higher than the Bonus Credit percentage paid on the prior Purchase Payments, then an additional Bonus Credit will be paid into the this Contract at the time the subsequent Purchase Payment is made. The additional Bonus Credit will be determined by multiplying the sum of the prior Purchase Payments by the additional Bonus Credit percentage. The additional Bonus Credit percentage will be the difference between the percentage applicable to the subsequent Purchase Payment and the percentage applied to the prior Purchase Payments. This additional Bonus Credit will be paid into the Contract as of on the Valuation Date same date the subsequent Purchase Payment is allocated, and will not be applied to the Contract retroactively to the date dates of the prior Purchase Payments. This additional Bonus Credit will not be applicable after the first anniversary of the Contract Date. Bonus Credits will be allocated to the Fixed Sub-accounts Account and/or the Variable Sub-Sub- accounts of the Contract at the same time and at the same percentages as the Purchase Payment being made Payments to the Contractwhich they correspond. Bonus Credits are not considered Purchase Payments.

BONUS CREDIT. A Bonus Credit is paid into this Contract by LNL for the initial and all subsequent Purchase Payments made to this Contract. The amount of the Bonus Credit is calculated as a percentage of the Purchase Payment. The Bonus Credit percentage is based upon the amount of the Owner's Cumulative Purchase Payments to the Contract at the time of a Purchase Payment. Determination of the Owner's Cumulative Purchase Payments and the Bonus Credit percentage is set forth on the Contract Data page(s). If a subsequent Purchase Payment is made on or before the first anniversary of the Contract Date and that Purchase Payment increases the Owner's Cumulative Purchase Payments to a level that qualifies the Purchase Payment for a Bonus Credit percentage which is higher than the Bonus Credit percentage paid on prior Purchase Payments, then an additional Bonus Credit will be paid into the Contract at the time the subsequent Purchase Payment is made. The additional Bonus Credit will be determined by multiplying the sum of the prior Purchase Payments by the additional Bonus Credit percentage. The additional Bonus Credit percentage will be the difference between the percentage applicable to the subsequent Purchase Payment and the percentage applied to the prior Purchase Payments. This additional Bonus Credit will be paid into the Contract as of on the Valuation Date same date the subsequent Purchase Payment is allocated, and will not be applied to the Contract retroactively to the date dales of prior Purchase Payments. This additional Bonus Credit will not be applicable after the first anniversary of the Contract Date. Bonus Credits will be allocated to the Fixed Sub-accounts and/or the Variable Sub-accounts of the Contract at the same time and at the same percentages as the Purchase Payment being made to the Contractwhich they correspond. Bonus Credits are not considered Purchase Payments.