Common use of Product Fee Clause in Contracts

Product Fee. If your contract has a Product Fee, it is shown on the Contract Schedule. The Product Fee is assessed as a percentage of the Charge Base as an annualized rate that we accrue each day during the Accumulation Phase and when paying the Death Benefit as noted under Death Benefit Payment Options. If any day that we are to accrue this charge is not a Business Day, we use the Charge Base at the end of the previous Business Day. We deduct the Product Fee for each quarter on the earlier of the following: (a) the next Quarterly Contract Anniversary, or the next Business Day if the next Quarterly Contract Anniversary is not a Business Day; or (b) when we deduct the final Product Fee. We deduct the Product Fee from the Contract Value on each Quarterly Contract Anniversary (or the next Business Day if the Quarterly Contract Anniversary is not on a Business Day) before we use that Contract Value to compute any guaranteed value(s) under this contract. When we deduct the Product Fee, we deduct it proportionately from each Index Option and Interim Fund(s). The deduction of the Product Fee reduces the Contract Value, but is not subject to a Withdrawal Charge and does not reduce the Withdrawal Charge Basis(es). The deduction of the Product Fee does not reduce the amount we use to determine the Free Withdrawal Privilege or the Withdrawal Charge Basis, and is not treated as a Withdrawal when we compute any guaranteed value(s) under this contract. We deduct the final Product Fee on the Business Day you withdraw the total Contract Value, the last Business Day before the Annuity Date, or when paying a Death Benefit as noted under the “Death Benefit Payment Options” provision. However, if on a Quarterly Contract Anniversary the Contract Value is less than the Product Fee, we deduct any remaining Contract Value to cover the final Product Fee and reduce the Contract Value to zero. Your annual Contract Maintenance Charge is shown on the Contract Schedule. During the Accumulation Phase, we deduct the Contract Maintenance Charge from the Contract Value on the Contract Anniversary. If the Contract Anniversary is not a Business Day, we deduct the charge on the next Business Day. If you take a Full Withdrawal from your contract (other than on a Contract Anniversary), we deduct the Contract Maintenance Charge. We deduct the Contract Maintenance Charge proportionately from each Index Option and Interim Fund(s). During the Annuity Phase, we deduct the Contract Maintenance Charge proportionately from each Annuity Payment. The deduction of the Contract Maintenance Charge is not subject to a Withdrawal Charge and does not reduce the Withdrawal Charge Basis(es). We waive the Contract Maintenance Charge as follows: • During the Accumulation Phase if the Contract Value on the Contract Anniversary before we deduct any other Contract Charges is at least equal to the Contract Maintenance Charge Waiver Minimum. • During the Accumulation Phase if the Contract Value at the end of the last Business Day before you take a Full Withdrawal is at least equal to the Contract Maintenance Charge Waiver Minimum. • During the Annuity Phase if the Contract Value is at least equal to the Contract Maintenance Charge Waiver Minimum at the end of the last Business Day before the Annuity Date. The Contract Maintenance Charge Waiver Minimum is shown on the Contract Schedule.

Product Fee. If your contract has a The Product Fee, it Fee is shown on the Contract Schedule. The Product Fee is assessed as a percentage of the Charge Base as an annualized rate that we accrue each day during the Accumulation Phase and when paying the Death Benefit as noted under Death Benefit Payment Options. If any day that we are to accrue this charge is not a Business Day, we use the Charge Base at the end of the previous Business Day. We deduct the Product Fee for each quarter on the earlier of the following: (a) the next Quarterly Contract Anniversary, or the next Business Day if the next Quarterly Contract Anniversary is not a Business Day; or (b) when we deduct the final Product Fee. We deduct the Product Fee from the Contract Value on each Quarterly Contract Anniversary (or the next Business Day if the Quarterly Contract Anniversary is not on a Business Day) before we use that Contract Value to compute any guaranteed value(s) under this contract. When we deduct the Product Fee, we deduct it proportionately from each Index Option and Interim Fund(s)Allocation Option. The deduction of the Product Fee reduces the Contract Value, but is not subject to a Withdrawal Charge and does not reduce the Withdrawal Charge Basis(es). The deduction of the Product Fee does not reduce the amount we use to determine the Free Withdrawal Privilege or the Withdrawal Charge Basis, and is not treated as a Withdrawal when we compute any calculating the guaranteed value(s) under this contractprovided by the Death Benefit. We deduct the final Product Fee on the Business Day you withdraw the total Contract Value, you annuitize the last Business Day before the Annuity Datecontract, or when paying a Death Benefit as noted under the “Death Benefit Payment Options” provision. However, if on a Quarterly Contract Anniversary the Contract Value is less than the Product Fee, we deduct any remaining Contract Value to cover the final Product Fee and reduce the Contract Value to zero. Your annual Contract Maintenance Charge is shown on the Contract Schedule. We waive this charge as follows: · During the Accumulation Phase if the Entire Contract Value is at least equal to the Designated Amount at the end of the last Business Day before the Contract Anniversary. · During the Accumulation Phase if the Contract Value on the Contract Anniversary is at least equal to the Designated Amount. · During the Annuity Phase. The Designated Amount is shown on the Contract Schedule. We determine the Entire Contract Value by adding the Contract Value for all individually owned contracts by using the Owner’s social security number, and for non-individually owned contracts we use the Annuitant’s social security number. During the Accumulation Phase, we deduct the Contract Maintenance Charge from the Contract Value on the Contract Anniversary. If the Contract Anniversary is not a Business Day, we deduct the charge on the next Business Day. If you take a Full Withdrawal from your contract (other than on a Contract Anniversary), we deduct the Contract Maintenance Charge. We deduct the Contract Maintenance Charge proportionately from each Index Option and Interim Fund(s). During the Annuity Phase, we deduct the Contract Maintenance Charge proportionately from each Annuity Payment. The deduction of the Contract Maintenance Charge is not subject to a Withdrawal Charge and does not reduce the Withdrawal Charge Basis(es). We waive the Contract Maintenance Charge as follows: • During the Accumulation Phase if the Contract Value on the Contract Anniversary before we deduct any other Contract Charges is at least equal to the Contract Maintenance Charge Waiver Minimum. • During the Accumulation Phase if the Contract Value at the end of the last Business Day before you take a Full Withdrawal is at least equal to the Contract Maintenance Charge Waiver Minimum. • During the Annuity Phase if the Contract Value is at least equal to the Contract Maintenance Charge Waiver Minimum at the end of the last Business Day before the Annuity Date. The Contract Maintenance Charge Waiver Minimum is shown on the Contract ScheduleAllocation Option.

Product Fee. If your contract has a The Product Fee, it Fee is shown on the Contract Schedule. The Product Fee is assessed as a percentage of the Charge Base as an annualized rate that we accrue each day during the Accumulation Phase and when paying the Death Benefit as noted under Death Benefit Payment Options. If any day that we are to accrue this charge is not a Business Day, we use the Charge Base at the end of the previous Business Day. We deduct the Product Fee for each quarter on the earlier of the following: (a) the next Quarterly Contract Anniversary, or the next Business Day if the next Quarterly Contract Anniversary is not a Business Day; or (b) when we deduct the final Product Fee. We deduct the Product Fee from the Contract Value on each Quarterly Contract Anniversary (or the next Business Day if the Quarterly Contract Anniversary is not on a Business Day) before we use that Contract Value to compute any guaranteed value(s) under this contract. When we deduct the Product Fee, we deduct it proportionately from each Index Option and Interim Fund(s)Allocation Option. The deduction of the Product Fee reduces the Contract Value, but is not subject to a Withdrawal Charge and does not reduce the Withdrawal Charge Basis(es). The deduction of the Product Fee does not reduce the amount we use to determine the Free Withdrawal Privilege or the Withdrawal Charge Basis, and is not treated as a Withdrawal when we compute any calculating the guaranteed value(s) under this contractprovided by the Death Benefit. We deduct the final Product Fee on the Business Day you withdraw the total Contract Value, you annuitize the last Business Day before the Annuity Datecontract, or when paying a Death Benefit as noted under the “Death Benefit Payment Options” provision. However, if on a Quarterly Contract Anniversary the Contract Value is less than the Product Fee, we deduct any remaining Contract Value to cover the final Product Fee and reduce the Contract Value to zero. Your annual Contract Maintenance Charge is shown on the Contract Schedule. We waive this charge as follows: • During the Accumulation Phase if the Entire Contract Value is at least equal to the Designated Amount at the end of the last Business Day before the Contract Anniversary. • During the Accumulation Phase if the Contract Value on the Contract Anniversary is at least equal to the Designated Amount. • During the Annuity Phase. The Designated Amount is shown on the Contract Schedule. We determine the Entire Contract Value by adding the Contract Value for all individually owned contracts by using the Owner’s social security number, and for non-individually owned contracts we use the Annuitant’s social security number. During the Accumulation Phase, we deduct the Contract Maintenance Charge from the Contract Value on the Contract Anniversary. If the Contract Anniversary is not a Business Day, we deduct the charge on the next Business Day. If you take a Full Withdrawal from your contract (other than on a Contract Anniversary), we deduct the Contract Maintenance Charge. We deduct the Contract Maintenance Charge proportionately from each Index Option and Interim Fund(s). During the Annuity Phase, we deduct the Contract Maintenance Charge proportionately from each Annuity Payment. The deduction of the Contract Maintenance Charge is not subject to a Withdrawal Charge and does not reduce the Withdrawal Charge Basis(es). We waive the Contract Maintenance Charge as follows: • During the Accumulation Phase if the Contract Value on the Contract Anniversary before we deduct any other Contract Charges is at least equal to the Contract Maintenance Charge Waiver Minimum. • During the Accumulation Phase if the Contract Value at the end of the last Business Day before you take a Full Withdrawal is at least equal to the Contract Maintenance Charge Waiver Minimum. • During the Annuity Phase if the Contract Value is at least equal to the Contract Maintenance Charge Waiver Minimum at the end of the last Business Day before the Annuity Date. The Contract Maintenance Charge Waiver Minimum is shown on the Contract ScheduleAllocation Option.