Common use of Contingent Deferred Sales Charges Clause in Contracts

Contingent Deferred Sales Charges. (CDSC) The CDSC is calculated separately for each Contract Year's Purchase Payments to which a charge applies. Charges are applied as follows: Number of Contract Anniversaries CDSC as a percentage of the since a Purchase Payment has surrendered or withdrawn been invested Purchase Payment ------------------------ ------------------ None [ 8.5% ] At least 1 [ 8.5% ] At least 2 [ 8.0% ] At least 3 [ 7.0% ] At least 4 [ 6.0% ] At least 5 [ 5.0% ] At least 6 [ 4.0% ] At least 7 [ 3.0% ] At least 8 [ 2.0% ] At least 9 [ 0.0% ] A CDSC will be waived under certain circumstances (see Section 5.05 for details).

Contingent Deferred Sales Charges. (CDSC) The CDSC is calculated separately for each Contract Year's Purchase Payments to which a charge applies. Charges are applied as follows: Number of Contract Anniversaries CDSC as a percentage of the since a Purchase Payment has surrendered or withdrawn been was invested Purchase Payment ------------------------ ------------------ ------------------------- ------------------------- None [ 8.5% ] At least 1 [ 8.5% ] At least 2 [ 8.0% ] At least 3 [ 7.0% ] At least 4 [ 6.0% ] At least 5 [ 5.0% ] At least 6 [ 4.0% ] At least 7 [ 3.0% ] At least 8 [ 2.0% ] At least 9 [ 0.0% ] A CDSC will be waived under certain circumstances (see Section 5.05 for details).

Contingent Deferred Sales Charges. (CDSC) The CDSC is calculated separately for each Contract Year's Purchase Payments to which a charge applies. Charges are applied as follows: Number of Contract Anniversaries CDSC as a percentage of the since a Purchase Payment has was surrendered or withdrawn been invested Purchase Payment ------------------------ ------------------ -------- ---------------- None [ 8.5% ] At least Least 1 [ 8.5% ] At least Least 2 [ 8.0% ] At least Least 3 [ 7.0% ] At least Least 4 [ 6.0% ] At least Least 5 [ 5.0% ] At least Least 6 [ 4.0% ] At least Least 7 [ 3.0% ] At least Least 8 [ 2.0% ] At least Least 9 [ 0.0% ] A CDSC will be waived under certain circumstances (see Section 5.05 for details).

Contingent Deferred Sales Charges. (CDSC) The CDSC is calculated separately for each Contract Year's Purchase Payments to which a charge applies. Charges are applied as follows: Number of Contract Anniversaries CDSC as a percentage of the since a Purchase Payment has was surrendered or withdrawn been invested Purchase Payment ------------------------ ------------------ -------- ---------------- None [ 8.5% ] At least 1 [ 8.5% ] At least 2 [ 8.0% ] At least 3 [ Least 1 8.0% At Least 2 7.0% ] At least 4 [ Least 3 6.0% ] At least 5 [ Least 4 5.0% ] At least 6 [ Least 5 4.0% ] At least 7 [ 3.0% ] At least 8 [ Least 6 2.0% ] At least 9 [ Least 7 0.0% ] A CDSC will be waived under certain circumstances (see Section 5.05 for details).