Common use of GUARANTEED PERIODS Clause in Contracts

GUARANTEED PERIODS. Each individual amount allocated to a Fixed Subaccount will have an associated Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts allocated to the Fixed Subaccount. Multiple amounts allocated to the same Fixed Subaccount may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Adjustments. The Guaranteed Period begins when the amount is allocated to that Fixed Subaccount and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY will send written notice to the Owner at the last address known to LNY regarding an upcoming expiration of a Guaranteed Period. LNY will send this notice at least 45 but not more than 75 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Notice, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts or Variable Subaccounts. Such Notice must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 years. If no Notice from the Owner is received by LNL prior to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Period. If the Notice requests only a portion of the value of the Fixed Subaccount to be transferred, the remaining amount will be automatically invested in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice has been received from the Owner, the value of the Fixed Subaccount will be transferred to a new Fixed Subaccount for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.

GUARANTEED PERIODS. Each individual The Initial Guaranteed Period(s), if any, are selected by the Owner and are shown in the Contract Specifications. The duration of the Initial Guaranteed Period(s) will affect the Initial Guaranteed Interest Rate(s). Any Premium Payment or the portion thereof (or amount transferred in accordance with the "Transfer Privilege" provision described below) allocated to a Fixed Subaccount particular Guaranteed Period will have an associated Guaranteed Period, earn interest at the specified Guaranteed Interest Rate during the Guaranteed Period. Initial Guaranteed Periods begin on the date a Premium Payment is accepted (or, in the case of a transfer, on the effective date of the transfer) and Expiration Date and will be treated separately from other amounts allocated to the Fixed Subaccount. Multiple amounts allocated to the same Fixed Subaccount may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Adjustments. The Guaranteed Period begins when the amount is allocated to that Fixed Subaccount and ends end on the Expiration Date for each duration selected. Any portion of the Annuity Account Value comprising a particular Fixed Account Sub-Account (including interest earned thereon) will be referred to in this contract as the "Guaranteed Period selected. A Amount." As a result of renewals, Subsequent Payments, and transfers of portions of the Annuity Account Value, Guaranteed Amounts for Guaranteed Periods of the same duration may have different Expiration Dates, and each Guaranteed Period may not Amount will be selected if its Expiration Date would occur after the Maturity Datetreated separately for purposes of determining any Market Value Adjustment. LNY The Company will send written notice to automatically notify the Owner at the last address known to LNY regarding an upcoming expiration of a Guaranteed Period. LNY will send this notice in writing at least 45 15 but not more than 75 45 days prior to the Expiration Date of a Guaranteed Period with respect to a Fixed Account Sub-Account of the guaranteed period durations available and the then currently quoted interest rates. A subsequent Guaranteed Period of the same duration will begin automatically at the end of the previous Guaranteed Period unless the Company receives, in writing at its Servicing Office within the 60-day period immediately preceding the end of such Guaranteed Period. The , an election by the Owner must provide a Notice, prior to the Expiration Date of a previously selected different Guaranteed PeriodPeriod from among those being offered by the Company at such time, or instructions to transfer all or a portion of the value of the amount in a Fixed Subaccount at the Expiration Date. The value may be transferred applicable Guaranteed Period Amount to one or more of the Fixed Subaccounts Account or Variable Subaccounts. Such Notice must be Account Sub-Accounts in accordance with the transfer provisions 'Transfer Privilege' provision. GUARANTEED INTEREST RATES. The Company will establish the applicable Guaranteed Interest Rate that will be used to determine the interest with respect to a Fixed Account Sub-Account for each Guaranteed Period at the beginning of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 years. If no Notice from the Owner is received by LNL prior to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Period. If This rate will be guaranteed for the Notice requests only a portion duration of the value of the Fixed Subaccount to be transferred, the remaining amount will be automatically invested in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding applicable Guaranteed Period. In The Initial or Subsequent Guaranteed Interest Rate will never be less than 3% per year, compounded annually. Subsequent Guaranteed Interest Rate(s) will also be determined at the event beginning of Guaranteed Period(s) and may be higher or lower than the preceding Guaranteed Period is no longer available and no Notice has been received from previous rate, but will never be less than 3% per year, compounded annually. (See "Minimum Surrender Value" provision.) The Company will automatically notify the Owner, the value Owner of the Fixed Subaccount will be transferred to a new Fixed Subaccount for a Guaranteed Period with Interest Rate as soon as possible after the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 yearsbeginning of each subsequent Guaranteed Period.

GUARANTEED PERIODS. Each individual amount allocated to a Fixed Subaccount Sub-account will have an associated Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts allocated to the Fixed SubaccountAccount. Multiple amounts allocated to the same Fixed Subaccount Sub-account may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Market Value Adjustments. The Guaranteed Period begins when the amount is allocated to that Fixed Subaccount Sub-account and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY LNL will send written notice to the Owner at the last address known to LNY LNL regarding an upcoming expiration of a Guaranteed Period. LNY will send this notice at least 45 but not more than 75 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Noticemay request in writing, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount Sub- account at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts Sub-accounts or Variable SubaccountsSub-accounts. Such Notice requests must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 yearsprovision as described in Section 5.01. If no Notice written notification from the Owner is received by LNL prior to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Period. If the Notice written notification requests only a portion of the value of the Fixed Subaccount Sub-account to be transferred, the remaining amount will be automatically invested in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice written notification has been received from the Owner, all or the remaining portion of value of the Fixed Subaccount Sub-account will be transferred to a new Fixed Subaccount Sub-account for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.

GUARANTEED PERIODS. Each individual amount allocated to a Fixed Subaccount will have an associated Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts allocated to the Fixed Subaccount. Multiple amounts allocated to the same Fixed Subaccount may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Adjustments. The Guaranteed Period begins when the amount is allocated to that Fixed Subaccount and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY Lincoln National will send written notice to the Owner at the last address known to LNY Lincoln National regarding an upcoming expiration of a Guaranteed Period. LNY Lincoln National will send this notice at least 45 but not more than 75 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Notice, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts or Variable Subaccounts. Such Notice must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 years. If no Notice from the Owner is received by LNL Lincoln National prior to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Period. If the Notice requests only a portion of the value of the Fixed Subaccount to be transferred, the remaining amount will be automatically invested in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice has been received from the Owner, the value of the Fixed Subaccount will be transferred to a new Fixed Subaccount for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.

GUARANTEED PERIODS. Each individual amount allocated to a Fixed Subaccount will have an associated a one year Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts allocated to the Fixed Subaccount. Multiple amounts allocated to the same Fixed Subaccount may have different Guaranteed Interest Rates, Rates and Expiration Dates, and Interest Adjustments. The one-year Guaranteed Period begins when the amount is allocated to that Fixed Subaccount and ends on the Expiration Date for the Guaranteed Period selectedPeriod. A one-year Guaranteed Period period may not be selected if its Expiration Date would occur after the Maturity Date. LNY LNL will send written notice to the Owner at the last address known to LNY LNL regarding an upcoming expiration of a one-year Guaranteed Period. LNY LNL will send this notice at least 45 but not more than 75 30 days prior to the Expiration Date of such one-year Guaranteed Period. The Owner must provide a Notice, prior to the Expiration Date of a previously selected one-year Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts or Variable Subaccounts. Such Notice must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 years. If no Notice from the Owner owner is received by LNL prior to the Expiration Date of a previously selected one-year Guaranteed Period, a subsequent one- year Guaranteed Period of the same durationPeriod, if available, will begin automatically upon the expiration of the preceding one year Guaranteed Period. However, in no event will the one-year Guaranteed Period extend beyond the Maturity Date. If the Notice requests only a portion of the value of the Fixed Subaccount to be transferred, the remaining amount will be automatically invested in a subsequent one-year Guaranteed Period of the same durationPeriod, if available, upon the expiration of the preceding one-year Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice has been received from the Owner, the value of the Fixed Subaccount will be transferred to a new Fixed Subaccount for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.

GUARANTEED PERIODS. Each individual amount allocated to a Fixed Subaccount will have an associated a one-year Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts allocated to the Fixed Subaccount. Multiple amounts allocated to the same Fixed Subaccount may have different Guaranteed Interest Rates, Rates and Expiration Dates, and Interest Adjustments. The one-year Guaranteed Period begins when the amount is allocated to that Fixed Subaccount and ends on the Expiration Date for the one-year Guaranteed Period selected. A one-year Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY will send written notice to the Owner at the last address known to LNY regarding an upcoming expiration of a one-year Guaranteed Period. LNY will send this notice at least 45 but not more than 75 days prior to the Expiration Date of such one-year Guaranteed Period. The Owner must provide a Notice, prior to the Expiration Date of a previously selected one-year Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts or Variable Subaccounts. Such Notice must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 years. If no Notice from the Owner is received by LNL LNY prior to the Expiration Date of a previously selected one-year Guaranteed Period, a subsequent one-year Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding one-year Guaranteed Period. However, in no event will the one-year Guaranteed Period extend beyond the Maturity Date. If the Notice requests only a portion of the value of the Fixed Subaccount to be transferred, the remaining amount will be automatically invested in a subsequent one-year Guaranteed Period of the same duration, if available, upon the expiration of the preceding one-year Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice has been received from the Owner, the value of the Fixed Subaccount will be transferred to a new Fixed Subaccount for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.

GUARANTEED PERIODS. Each individual amount Purchase Payment allocated to a Fixed Subaccount Sub-account will have an associated Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts allocated to the Fixed SubaccountAccount. Multiple amounts allocated to within the same Fixed Subaccount Sub-account may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Market Value Adjustments. The Guaranteed Period begins when the amount is allocated to that Fixed Subaccount Sub-account and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY will send written notice to the Owner at the last address known to LNY regarding an upcoming expiration of a Purchase Payment's Guaranteed Period. LNY will send this notice at least 45 but not more than 75 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Noticemay request in writing, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount Sub-account at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts Sub-accounts or Variable SubaccountsSub-accounts. Such Notice requests must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 yearsprovision as described in Section 5.01. If no Notice written notification from the Owner is received by LNL LNY within 60 days prior to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Period. If the Notice written notification requests only a portion of the value of the Fixed Subaccount Sub-account to be transferred, the remaining amount will be automatically invested in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice written notification has been received from the Owner, all or the remaining portion of value of the Fixed Subaccount Sub-account will be transferred to a new Fixed Subaccount Sub-account for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.

GUARANTEED PERIODS. Each individual amount allocated to a Fixed Subaccount will have an associated We may offer optional Guaranteed PeriodPeriod Options, Guaranteed Interest Rate and Expiration Date and will into which premium payments may be treated separately from other paid or amounts allocated to the Fixed Subaccount. Multiple amounts allocated to the same Fixed Subaccount may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Adjustmentstransferred. The current interest rate we set for funds entering each Guaranteed Period begins when Option (GPO) is guaranteed until the amount is allocated to end of that Fixed Subaccount and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY will send written notice to the Owner at the last address known to LNY regarding an upcoming expiration of a option's Guaranteed Period. LNY At that time, the premium payment made or amount transferred into the GPO, less any Withdrawals or transfers from that GPO, plus accrued interest, will send this notice at least 45 but not more than 75 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide be rolled into a Notice, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all new GPO or a portion of the value of the amount in a Fixed Subaccount at the Expiration Date. The value may be transferred to one or more any Subaccount(s) within the Separate Account(s). You may choose the Investment Option(s) You want the funds rolled into by giving us a written notice within 30 days before the end of the Fixed Subaccounts or Variable Subaccounts. Such Notice must be in accordance with the transfer provisions of the Contractexpiring option's Guaranteed Period. However, any Guaranteed Period elected may not extend beyond the maximum Annuity Commencement Date defined in Section 11. In the absence of such election, the funds will be rolled into a new GPO which is the same as the expiring GPO unless that GPO is no longer offered, in which case, the next shorter GPO offered will be used. You will be mailed a notice of completion of the rollover with the new interest rate applicable. The new GPO will be deemed as accepted if we do not receive a written rejection within 30 days from the Owner is postmark date of the completion notice. We reserve the right for new premium payments, transfers, or rollovers to offer or not to offer any GPO, except that we will always offer at least age 55a one-year GPO. When funds are withdrawn or transferred from a GPO, the Owner may choose a Guarantee Period that does not exceed 5 years. If no Notice from Account Value associated with the Owner oldest premium payment or rollover is received by LNL prior considered to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Periodbe withdrawn/transferred first. If the Notice requests only amount withdrawn/transferred exceeds the Account Value associated with the oldest premium, the Account Value associated with the next oldest premium payment or rollover is considered to be withdrawn/transferred next, and so on until the Account Value associated with the most recent premium payment or rollover is considered to be withdrawn/transferred (this is a portion "First-In, First-Out" or FIFO basis). Partial Withdrawals, Surrenders, transfers, and amounts applied to a Payment Option from the Guaranteed Period Option(s) are subject to an Excess Interest Adjustment as described in Section 5. DOLLAR COST AVERAGING FIXED ACCOUNT OPTION We may offer a Dollar Cost Averaging (DCA) Fixed Account Option separate from the Guaranteed Period Options. This option will have a one-year interest rate guarantee. The current interest rate we set for the DCA Fixed Account may differ from the rates credited on the one-year GPO in the Fixed Account. In addition, the current interest rate we credit may vary on different portions of the value of DCA Fixed Account. The credited interest rate will never be less than the Fixed Subaccount to Account Guaranteed Minimum Effective Annual Interest Rate shown on Page 3. The DCA Fixed Account Option will only be transferred, the remaining amount will be automatically invested available under a Dollar Cost Averaging program as described in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding Guaranteed PeriodSection 8. In the event the preceding Guaranteed Period is no longer available and no Notice has been received from the Owner, the value of the Fixed Subaccount will be transferred to a new Fixed Subaccount for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.SECTION 8 - TRANSFERS

GUARANTEED PERIODS. Each individual amount Purchase Payment allocated to a Fixed Subaccount Sub-account will have an associated Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts allocated to the Fixed SubaccountAccount. Multiple amounts allocated to within the same Fixed Subaccount Sub-account may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Market Value Adjustments. The Guaranteed Period begins when the amount is allocated to that Fixed Subaccount Sub-account and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY will send written notice to the Owner at the last address known to LNY regarding an upcoming expiration of a Purchase Payment's Guaranteed Period. LNY will send this notice at least 45 15 but not more than 75 45 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Noticemay request in writing, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount Sub-account at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts Sub-accounts or Variable SubaccountsSub-accounts. Such Notice requests must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 yearsprovision as described in Section 5.01. If no Notice written notification from the Owner is received by LNL LNY within 60 days prior to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Period. If the Notice written notification requests only a portion of the value of the Fixed Subaccount Sub-account to be transferred, the remaining amount will be automatically invested in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice written notification has been received from the Owner, all or the remaining portion of value of the Fixed Subaccount Sub-account will be transferred to a new Fixed Subaccount Sub-account for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.

GUARANTEED PERIODS. Each individual amount allocated to a Fixed Subaccount will have an associated We may offer optional Guaranteed PeriodPeriod Options, Guaranteed Interest Rate and Expiration Date and will into which premium payments may be treated separately from other paid or amounts allocated to the Fixed Subaccount. Multiple amounts allocated to the same Fixed Subaccount may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Adjustmentstransferred. The current interest rate we set for funds entering each Guaranteed Period begins when Option (GPO) is guaranteed until the amount is allocated to end of that Fixed Subaccount and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY will send written notice to the Owner at the last address known to LNY regarding an upcoming expiration of a option's Guaranteed Period. LNY At that time, the premium payment made or amount transferred into the GPO, less any Withdrawals or transfers from that GPO, plus accrued interest, will send this notice at least 45 but not more than 75 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide be rolled into a Notice, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all new GPO or a portion of the value of the amount in a Fixed Subaccount at the Expiration Date. The value may be transferred to one or more any Subaccount(s) within the Separate Account(s). You may choose the Investment Option(s) You want the funds rolled into by giving us a written notice within 30 days before the end of the Fixed Subaccounts or Variable Subaccounts. Such Notice must be in accordance with the transfer provisions of the Contractexpiring option's Guaranteed Period. However, if any Guaranteed Period elected may not extend beyond the Owner maximum Annuity Commencement Date defined in Section 11. In the absence of such election, the funds will be rolled into a new GPO which is the same as the expiring GPO unless that GPO is no longer offered, in which case, the next shorter GPO offered will be used. We will always offer a GPO with duration of at least age 55one year. You will be mailed a notice of completion of the rollover with the new interest rate applicable. The new GPO will be deemed as accepted if we do not receive a written rejection within 30 days from the postmark date of the completion notice. We reserve the right for new premium payments, transfers, or rollovers to offer or not to offer any GPO. We will provide a 30 day advance written notice if we decide to no longer accept new premium payments, transfers or rollovers to any Fixed Account Option. When funds are withdrawn or transferred from a GPO, the Owner may choose a Guarantee Period that does not exceed 5 years. If no Notice from Account Value associated with the Owner oldest premium payment or rollover is received by LNL prior considered to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Periodbe withdrawn/transferred first. If the Notice requests only amount withdrawn/transferred exceeds the Account Value associated with the oldest premium, the Account Value associated with the next oldest premium payment or rollover is considered to be withdrawn/transferred next, and so on until the Account Value associated with the most recent premium payment or rollover is considered to be withdrawn/transferred (this is a portion "First-In, First-Out" or FIFO basis). DOLLAR COST AVERAGING FIXED ACCOUNT OPTION We may offer a Dollar Cost Averaging (DCA) Fixed Account Option separate from the Guaranteed Period Options. This option will have a one-year interest rate guarantee. The current interest rate we set for the DCA Fixed Account may differ from the rates credited on the one-year GPO in the Fixed Account. In addition, the current interest rate we credit may vary on different portions of the value of DCA Fixed Account. The credited interest rate will never be less than the Fixed Subaccount to Account Guaranteed Minimum Effective Annual Interest Rate of 3%. The DCA Fixed Account Option will only be transferred, the remaining amount will be automatically invested available under a Dollar Cost Averaging program as described in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice has been received from the Owner, the value of the Fixed Subaccount will be transferred to a new Fixed Subaccount for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 yearsSection 8.

GUARANTEED PERIODS. The initial Guaranteed Period(s), if any, is selected by the Owner for each Net Purchase Payment and each amount transferred in accordance with Section 2.09. Each individual Net Purchase Payment or the portion thereof (or amount transferred in accordance with Section 2.09) allocated to a Fixed Subaccount particular Guaranteed Period Sub-account will earn interest at the specified Guaranteed Interest Rate in effect on the day the payment or transfer is credited. The initial Guaranteed Period(s) begins on the date a Net Purchase Payment is accepted into that Guaranteed Period Sub-account (or, in the case of a transfer, on the effective date of the transfer) and ends on the Expiration Date for each duration selected. Each Guaranteed Period Sub-account will have an associated Guaranteed Period, Guaranteed Interest Rate and Expiration Date Date, and will be treated separately from other amounts allocated to the Fixed SubaccountGuaranteed Period Subaccounts for purposes of determining any Market Value Adjustment. Multiple amounts allocated to As a result of additional Net Purchase Payments and transferred amounts, Guaranteed Period Sub-accounts for Guaranteed Periods of the same Fixed Subaccount duration may have different Guaranteed Interest Rates, and Expiration Ex-piration Dates, and Interest Market Value Adjustments. The Guaranteed Period begins when the amount is allocated to that Fixed Subaccount and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY LNL will send written notice to the Owner at Owner, to the last address known to LNY LNL, regarding an upcoming each up-coming expiration of a Guaranteed Period. LNY LNL will send this notice at least 45 but not more than 75 60 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Notice, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts or Variable Subaccounts. Such Notice must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 years. If no Notice from the Owner is received by LNL prior to the Expiration Date of a previously selected Guaranteed Periodavailable, a subsequent Guaranteed Period of the same duration, if available, duration will begin automatically upon the expiration of the preceding Guaranteed Period unless LNL receives, in writing prior to the expiration of such Guaranteed Period. If , an election by the Notice requests only Owner of a different currently available Guaranteed Period; or instructions to transfer all or a portion of the value in the applicable Guaranteed Period Sub-account to one or more of the Variable Sub-accounts or DCA Fixed Subaccount to be Account in accordance with the transfer provision as described in Section 2.09. If only a portion is transferred, the any remaining amount amounts will automatically be automatically invested in a subsequent Guaranteed Period Sub-account of the same duration, if available, upon duration as the expiration of previous Guaranteed Period Sub-account unless otherwise instructed by the preceding Guaranteed PeriodOwner. In the event the preceding Guaranteed Period is no longer available and no Notice has election or instructions have been received from the Owner, all or the remaining portion of value of in the Fixed Guaranteed Period Subaccount will be transferred to a new Fixed Subaccount one year Guaranteed Period. GUARANTEED INTEREST RATE. LNL will establish the applicable effective annual Guaranteed Interest Rate that will be credited for a each Guaranteed Period with Sub-account at the shortest beginning of that Guaranteed Period. Interest will be credited daily. The interest rate will be guaranteed for the duration currently availableof the applicable Guaranteed Period, and will never be less than 3.0%. HoweverSubsequent Guaranteed Interest Rate(s) will be determined at the beginning of subse-quent Guaranteed Period(s) and may be higher or lower than the previous interest rate, if the Owner is at least age 55, LNY but will make available a Guarantee Period not to exceed 5 yearsnever be less than 3.0%.

GUARANTEED PERIODS. Each individual amount Purchase Payment and corresponding Bonus Credit allocated to a Fixed Subaccount Sub-account will have an associated Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts Purchase Payments and Bonus Credits allocated to the Fixed SubaccountAccount. Multiple amounts allocated to Purchase Payments and Bonus Credits within the same Fixed Subaccount Sub-account may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Market Value Adjustments. The Guaranteed Period begins when the amount is allocated to Purchase Payment and corresponding Bonus Credit are credited into that Fixed Subaccount Sub-account and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY LNL will send written notice to the Owner at the last address known to LNY LNL regarding an upcoming expiration of a Purchase Payment's (and corresponding Bonus Credits) Guaranteed Period. LNY LNL will send this notice at least 45 but not more than 75 60 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Noticemay request in writing, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount Sub- account at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts Sub-accounts or Variable SubaccountsSub-accounts. Such Notice requests must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 yearsprovision as described in Section 5.01. If no Notice written notification from the Owner is received by LNL prior to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Period. If the Notice written notification requests only a portion of the value of the Fixed Subaccount Sub-account to be transferred, the remaining amount will be automatically invested in a subsequent Guaranteed Period of the same duration, if available, duration upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice written notification has been received from the Owner, all or the remaining portion of value of the Fixed Subaccount Sub-account will be transferred to a new Fixed Subaccount Sub-account for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.

GUARANTEED PERIODS. Each individual amount allocated to a Fixed Subaccount Sub-account will have an associated Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts allocated to the Fixed SubaccountAccount. Multiple amounts allocated to the same Fixed Subaccount fixed Sub-account may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Market Value Adjustments. The Guaranteed Period begins when the amount is allocated to that Fixed Subaccount Sub-account and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY LNL will send written notice to the Owner at the last address known to LNY LNL regarding an upcoming expiration of a Guaranteed Period. LNY LNL will send this notice at least 45 but not more than 75 60 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Noticemay request in writing, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount Sub-account at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts Sub-accounts or Variable SubaccountsSub-accounts. Such Notice requests must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 yearsprovision as described in Section 5.01. If no Notice written notifi- cation from the Owner is received by LNL prior to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Period. If the Notice written notification requests only a portion of the value of the Fixed Subaccount Sub-account to be transferred, the remaining amount will be automatically invested in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice written notification has been received from the Owner, all or the remaining portion of value of the Fixed Subaccount Sub-account will be transferred to a new Fixed Subaccount Sub-account for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.

GUARANTEED PERIODS. Each individual We will offer a one year Guaranteed Period Option, into which purchase payments may be paid or amounts transferred. The current interest rate we set for funds entering the one year Guaranteed Period Option (GPO) is guaranteed for one year. At that time, the purchase payment made or amount allocated to a Fixed Subaccount will have an associated Guaranteed Periodtransferred into the GPO, Guaranteed Interest Rate and Expiration Date and less any withdrawals or transfers from that GPO, plus interest, will be treated separately from other amounts allocated to the Fixed Subaccount. Multiple amounts allocated to the same Fixed Subaccount may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Adjustments. The Guaranteed Period begins when the amount is allocated to that Fixed Subaccount and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY will send written notice to the Owner at the last address known to LNY regarding an upcoming expiration of rolled into a Guaranteed Period. LNY will send this notice at least 45 but not more than 75 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Notice, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all new one year GPO or a portion of the value of the amount in a Fixed Subaccount at the Expiration Date. The value may be transferred to any Subaccount(s) within a Separate Account. You may choose either the one year GPO or more the Investment Option(s) You want the funds rolled into by giving us a written notice within 30 days before the end of the Fixed Subaccounts or Variable Subaccounts. Such Notice must be in accordance with the transfer provisions of the Contractexpiring option's Guaranteed Period. However, if in order to elect the Owner is at least age 55one year GPO, the Owner Guaranteed Period elected may choose not extend beyond the maximum Annuity Commencement Date defined in Section 11. In the absence of such election, the funds will be rolled into a Guarantee Period that does new one year GPO. You will be mailed a notice of completion of the rollover with the new interest rate applicable. The new GPO will be deemed as accepted if we do not exceed 5 years. If no Notice receive a written rejection within 30 days from the Owner is received by LNL prior to postmark of the Expiration Date completion notice. For purposes of a previously selected Guaranteed Period, a subsequent crediting interest when funds are withdrawn from or transferred into the one year Guaranteed Period Option, the amount of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Periodoldest purchase payment or rollover into that GPO is considered to be withdrawn first. If the Notice requests only amount withdrawn exceeds this amount, the next oldest purchase payment or rollover is considered to be withdrawn next, and so on until the most recent purchase payment or rollover is considered to be withdrawn (this is a portion "First-In, First-Out" or FIFO procedure). Purchase payment(s) or rollover(s) are deemed to be withdrawn first, then credited interest. DOLLAR COST AVERAGING FIXED ACCOUNT OPTION We may offer a Dollar Cost Averaging (DCA) Fixed Account Option separate from the Guaranteed Period Option. The current interest rate we set for the DCA Fixed Account may differ from the rates credited on the one year GPO in the Fixed Account. In addition, the current interest rate we credit may vary on different portions of the value DCA Fixed Account. The credited interest rate will never be less than the minimum effective annual interest rate of the 3%. The DCA Fixed Subaccount to Account Option will only be transferred, the remaining amount will be automatically invested available under a Dollar Cost Averaging program as described in a subsequent Guaranteed Period of the same duration, if available, upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice has been received from the Owner, the value of the Fixed Subaccount will be transferred to a new Fixed Subaccount for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 yearsSection 8.

GUARANTEED PERIODS. Each individual amount Purchase Payment allocated to a Fixed Subaccount Sub-account will have an associated Guaranteed Period, Guaranteed Interest Rate and Expiration Date and will be treated separately from other amounts Purchase Payments allocated to the Fixed SubaccountAccount. Multiple amounts allocated to Purchase Payments within the same Fixed Subaccount Sub-account may have different Guaranteed Interest Rates, and Expiration Dates, and Interest Market Value Adjustments. The Guaranteed Period begins when the amount Purchase Payment is allocated to credited into that Fixed Subaccount Sub-account and ends on the Expiration Date for the Guaranteed Period selected. A Guaranteed Period may not be selected if its Expiration Date would occur after the Maturity Date. LNY LNL will send written notice to the Owner at the last address known to LNY LNL regarding an upcoming expiration of a Purchase Payment's Guaranteed Period. LNY LNL will send this notice at least 45 but not more than 75 60 days prior to the Expiration Date of such Guaranteed Period. The Owner must provide a Noticemay request in writing, prior to the Expiration Date of a previously selected Guaranteed Period, to transfer all or a portion of the value of the amount in a Fixed Subaccount Sub-account at the Expiration Date. The value may be transferred to one or more of the Fixed Subaccounts Sub-accounts or Variable SubaccountsSub-accounts. Such Notice requests must be in accordance with the transfer provisions of the Contract. However, if the Owner is at least age 55, the Owner may choose a Guarantee Period that does not exceed 5 yearsprovision as described in Section 5.01. If no Notice written notification from the Owner is received by LNL prior to the Expiration Date of a previously selected Guaranteed Period, a subsequent Guaranteed Period of the same duration, if available, will begin automatically upon the expiration of the preceding Guaranteed Period. If the Notice written notification requests only a portion of the value of the Fixed Subaccount Sub-account to be transferred, the remaining amount will be automatically invested in a subsequent Guaranteed Period of the same duration, if available, duration upon the expiration of the preceding Guaranteed Period. In the event the preceding Guaranteed Period is no longer available and no Notice written notification has been received from the Owner, all or the remaining portion of value of the Fixed Subaccount Sub- account will be transferred to a new Fixed Subaccount Sub-account for a Guaranteed Period with the shortest duration currently available. However, if the Owner is at least age 55, LNY will make available a Guarantee Period not to exceed 5 years.