Common use of FIXED ACCOUNT MINIMUM INTEREST RATE Clause in Contracts

FIXED ACCOUNT MINIMUM INTEREST RATE. The Initial Fixed Account Minimum Interest Rate established on the Issue Date is shown on the Contract Data Page. The Company will re-determine the Fixed Account Minimum Interest Rate on each subsequent Redetermination Date for the following Redetermination Period. The Fixed Account Minimum Interest Rate on each Redetermination Date will be equal to: 1. the average of all the daily reported five-year Constant Maturity Treasury Rates during October of the year then ended, rounded to the nearest 1/20th of one (1) percent; 2. less 1.25 percentage points; 3. but never less than 1.0% or greater than 3.0%. The Fixed Account Minimum Interest Rate is the guaranteed minimum interest rate under the Contract and may change each year on the Redetermination Date. The Company will send You notice of the re-determined Fixed Account Minimum Interest Rate annually.

FIXED ACCOUNT MINIMUM INTEREST RATE. The Initial Fixed Account Minimum Interest Rate established on the Issue Date is shown on the Contract Data PagePages. The Company will re-re- determine the Fixed Account Minimum Interest Rate on each subsequent Redetermination Date for the following Redetermination Period. The Fixed Account Minimum Interest Rate on each Redetermination Date will be equal to: 1. the average of all the daily reported five-year Constant Maturity Treasury Rates during October of the year then ended, rounded to the nearest 1/20th of one (1) percent; 2. less 1.25 percentage points; 3. but never less than 1.01.00% or greater than 3.03.00%. The Fixed Account Minimum Interest Rate is the guaranteed minimum interest rate under the Contract and may change each year on the Redetermination Date. The Company will send You notice of the re-determined Fixed Account Minimum Interest Rate annually.. VA775NY 15

FIXED ACCOUNT MINIMUM INTEREST RATE. The Initial Fixed Account Minimum Interest Rate established on the Issue Date is shown on the Contract Data Page. The Company will re-re- determine the Fixed Account Minimum Interest Rate on each subsequent Redetermination Date for the following Redetermination Period. The Fixed Account Minimum Interest Rate on each Redetermination Date will be equal to: 1. the average of all the daily reported five-year Constant Maturity Treasury Rates during October of the year then ended, rounded to the nearest 1/20th of one (1) percent; 2. less 1.25 percentage points; 3. but never less than 1.0% or greater than 3.0%. The Fixed Account Minimum Interest Rate is the guaranteed minimum interest rate under the Contract and may change each year on the Redetermination Date. The Company will send You notice of the re-determined Fixed Account Minimum Interest Rate annually.