PURCHASE PAYMENT, CURRENT VALUE Clause Samples

PURCHASE PAYMENT, CURRENT VALUE. AND SURRENDER PROVISIONS --------------------------------------------------------------------------------

PURCHASE PAYMENT, CURRENT VALUE. AND SURRENDER PROVISIONS -------------------------------------------------------------------------------- 3.01 Net Purchase This amount is the actual Purchase Payment less any Payment: premium tax. Aetna will generally deduct the premium tax when Annuity benefits are elected (see Part IV). If Aetna determines that under applicable state law, it must pay a premium tax when the Purchase Payment is received or at any other time, it will deduct the tax at that time. The Net Purchase Payment will be credited among: (a) The current Deposit Period(s) for Guaranteed Terms under the MG Account; and (b) The Fund(s) in which the Separate Account invests. 3.01 Net Purchase For each Net Purchase Payment, the Certificate Holder Payment (Cont'd): shall tell Aetna the allocation percentage to be applied to the current Deposit Period for each of the available Guaranteed Terms in the MG Account and/or each Fund. If allocation instructions are not received along with any subsequent Net Purchase Payment, the allocation will be the same as that indicated on the original enrollment form. If the same Guaranteed Term is no longer available, the Net Purchase Payment will be allocated to the next shortest Guaranteed Term available in the current Deposit Period. If no shorter Guaranteed Term is available, the next longer Guaranteed Term will be used. 3.02 Certificate Aetna will maintain an Account for each Certificate Holder's Account: Holder. Aetna will declare from time to time the acceptability and the minimum amount for additional Purchase Payments. Each Account will be subject to the Terms and Conditions of the Contract in effect at the time the first Purchase Payment for such Account is applied to the Contract except for changes made to comply with federal or state law. 3.03 Fund(s) Record The portion of the Net Purchase Payment(s) applied to Units --Separate each Fund under the Separate Account will determine Account: the number of Fund record units for that Fund. This number is equal to the portion of the Net Purchase Payment(s) applied to each Fund divided by the Fund record unit value (see 3.05) for the Valuation Period in which the Purchase Payment is received in good order at Aetna's Home Office. 3.04 Net Return The net return factor(s) are used to compute all Factor(s) -- Separate Account record units for any Fund. Separate Account: The net return factor(s) for each Fund is equal to 1.0000000 plus the net return rate.

PURCHASE PAYMENT, CURRENT VALUE. AND SURRENDER PROVISIONS ------------------------------------------------------------------------------- 3.01 Net Purchase Payment.............................................11 3.02

PURCHASE PAYMENT, CURRENT VALUE. AND SURRENDER PROVISIONS -------------------------------------------------------------------------------- 3.01 Net Purchase Payment: This amount is the actual Purchase Payment less any applicable premium tax. Aetna reserves the right to deduct any premium tax at any time from the Purchase Payment or from the Certificate Holder's Account. The Certificate Holder shall designate, on the enrollment form, the allocation percentage of the Net Purchase Payment to be applied to each of the available Guaranteed Periods during the current Deposit Period(s). The minimum amount that may be allocated to any Guaranteed Period is shown on Contract Schedule I.

PURCHASE PAYMENT, CURRENT VALUE. AND SURRENDER PROVISIONS -------------------------------------------------------------------------------- 3.01 Net Purchase Payment(s): The actual Purchase Payment less any premium tax. Generally, Aetna will deduct the premium tax when Annuity benefits are purchased (see Part IV). If Aetna determines that a premium tax is due when Purchase Payments are received or at any other time, it will deduct the tax at that time. The Net Purchase Payment(s) may be credited among: (a) The Fixed Account; and (b) The Guaranteed Accumulation Account; and (c) The Fund(s) in which the Separate Account invests. Aetna must be told the percentage of the Net Purchase Payment(s) to be applied to each investment above. During any calendar year, the Contract Holder or, if allowed by the Plan, you may tell Aetna to change the investment mix twelve times. Should Aetna allow additional changes, each may be subject to a fee of up to $10.

PURCHASE PAYMENT, CURRENT VALUE. AND SURRENDER PROVISIONS -------------------------------------------------------------------------------- 3.01 Net Purchase Payment: This amount is the actual Purchase Payment less any premium tax. Aetna will generally deduct the premium tax when Annuity benefits are elected (see Part IV). If Aetna determines that under applicable state law, it must pay a premium tax when the Purchase Payment is received or at any other time, it will deduct the tax at that time. The Net Purchase Payment will be credited among: (a) The current Deposit Period(s) for Guaranteed Terms under the AG Account; and (b) The Fund(s) in which the Separate Account invests. The Certificate Holder shall tell Aetna the allocation percentage to be applied to the current Deposit Period for each of the available Guaranteed Terms in the AG Account and/or each Fund. 3.02 Certificate Aetna will maintain an Account for each Certificate Holder's Account: Holder. Aetna will declare from time to time the acceptability and the minimum amount for a Purchase Payment. 3.03 Fund(s) Record The portion of the Net Purchase Payment applied to Units -- Separate each Fund under the Separate Account will determine Account: the number of Fund record units for that Fund. This number is equal to the portion of the Net Purchase Payment applied to each Fund divided by the Fund record unit value (see 3.05) for the Valuation Period in which the Purchase Payment is received in good order at Aetna's Home Office. 3.04 Net Return The net return factor(s) are used to compute all Factor(s) -- Separate Account record units for any Fund. Separate Account: The net return factor(s) for each Fund is equal to 1.0000000 plus the net return rate. The net return rate is equal to: (a) The value of the shares of the Fund held by the Separate Account at the end of the Valuation Period; minus (b) The value of the shares of the Fund held by the Separate Account at the start of the Valuation Period; plus or minus (c) Taxes (or reserves for taxes) on the Separate Account (if any); divided by (d) The total value of the Fund(s) record units and Fund(s) annuity units of the Separate Account at the start of the Valuation Period; minus (e) A daily Separate Account charge at an annual rate as shown on Contract Schedule I for mortality and expense risks, which may include profit; and a daily administrative charge. A net return rate may be more or less than 0%. The value of a share of the Fund is equal to the net assets of the Fund divided by the...

PURCHASE PAYMENT, CURRENT VALUE. AND SURRENDER PROVISIONS --------------------------------------------------------------------------------- 3.01 Net Purchase Payment: This amount is the actual Purchase Payment less any applicable premium tax. Aetna reserves the right to deduct any premium tax at any time from the Purchase Payment or from the Certificate Holder's Account. The Certificate Holder shall designate, on the enrollment form, the allocation percentage of the Net Purchase Payment to be applied to each of the available Guaranteed Periods during the current Deposit Period(s) . The minimum amount that may be allocated to any Guaranteed Period is shown on Contract Schedule I. 3.02 Market Value Adjustment: There will be an MVA for any withdrawal before the end of a Guaranteed Period when the withdrawal is due to:

PURCHASE PAYMENT, CURRENT VALUE. AND SURRENDER PROVISIONS ------------------------------------------------------------------------------- 3.01 Net Purchase Payment: This amount is the actual Purchase Payment less any premium tax. Aetna will generally deduct the premium tax when Annuity benefits are elected (see Part IV). If Aetna determines that under applicable state law, it must pay a premium tax when the Purchase Payment is received or at any other time, it will deduct the tax at that time. The Net Purchase Payment will be credited among: (a) The current Deposit Period(s) for Guaranteed Terms under the MG Account; and (b) The Fund(s) in which the Separate Account invests. The Contract Holder shall tell Aetna the allocation percentage to be applied to the current Deposit Period for each of the available Guaranteed Terms in the MG Account and/or each Fund.