MODIFICATION OF VARIABLE Sample Clauses

MODIFICATION OF VARIABLE. SUB-ACCOUNTS Notwithstanding the other Contract Modification provisions, the Company may offer new or cease offering existing Variable Sub-Accounts. No such modification shall affect the terms, provisions or conditions which are or may be applicable to Contributions previously paid to any Variable Sub-Account which is no longer offered by the Company provided, however, if the Company ceases to offer a Variable Sub-Account 30 days notice will be given to the Owner. The Owner must then Transfer the value of the Variable Sub-Account to another Variable Sub-Account then offered by the Company. If the Owner fails to make such Transfer then the Company upon notification to the Owner may make an automatic allocation on behalf of the Owner to any Variable or Guaranteed Sub-Account which allows for immediate Transfers subject to applicable law. Such allocation will become effective until such time as a Request for a different allocation is received. The Company will periodically notify the Owner of the current offering of Variable or Guaranteed Sub-Accounts. === .. === TABLE A - Variable Life Annuity Monthly Payment for Each $1,000 of Annuity Account Value Age of Without Guaranteed With Guaranteed Period Payee Period 5 Years 10 Years 15 Years 20 Years 50 4.05 4.04 4.02 3.98 3.93 55 4.43 4.42 4.38 4.32 4.22 60 4.94 4.92 4.85 4.73 4.55 65 5.65 5.60 5.46 5.22 4.89 70 6.63 6.53 6.23 5.75 5.18 75 8.05 7.81 7.14 6.24 5.38 If payments commence on any other date than the exact age of the Annuitant as shown above, the amount of the monthly payment shall be determined by the Company on the actuarial basis used by it in determining the above amounts. ===================================================================== ===================================================================== TABLE B - Income of Specified Amount Income for a Specified Period Monthly Payment for Each $1,000 of Annuity Account Value Years Payment 3 28.99 4 22.06 5 17.91 6 15.14 7 13.16 8 11.68 9 10.53 10 9.61 11 8.86 12 8.24 13 7.71 14 7.26 15 6.87 16 6.53 17 6.23 18 5.96 19 5.73 20 5.51 To determine the payment for other frequencies of payment, multiply the above monthly payment by the following factors: