Common use of Excess of Commission Clause in Contracts

Excess of Commission. --------------------------------------------------- --------------------------- ------------------------ ------------------------- Phoenix Executive VUL (c) Up to Commission Target Premium 24 7 in yrs 2-7 2.5 2.5 in yrs 8+ Excess of Commission Target Premium 2.5 2.5 2.5 Asset-based Trail N/A 0.10% per yr in yrs 6+ 0.10% per year --------------------------------------------------- --------------------------- ------------------------ ------------------------- Phoenix Edge -- SPVL Issue ages: 30-80 7 N/A N/A Issue ages: 81-85 5 N/A N/A Asset-based Trail (all ages) None 0.25% in years 6+ 0.25% per year ---------------------------------------------------------------------------------------------------------------------------------- OL4112 Page 2 of 8 12-04 ------------------------------------------------------------------------------------------------------------------------------------