Common use of PURCHASE PAYMENT, CURRENT VALUE Clause in Contracts

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: 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 AG Account; and and (b) The Fund(s) in which the Separate Account invests. 3.01 Net Purchase Payment For each Net Purchase Payment, the Certificate Holder Payment (Cont'd): 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 AG 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 formapplication. 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.. The minimum acceptable additional Purchase Payment is shown on Contract Schedule I. The maximum acceptable Purchase Payment without Home Office approval is also provided on Contract Schedule I. 3.02 Certificate Holder's Aetna will maintain an Account for each Account: 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 Units -- The portion of the Net Purchase Payment(s) Separate Account: 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 Factor(s) -- The net return factor(s) factor are used to compute all Factor(s) -- Separate Account: 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 record units and Fund Annuity units of the Separate Account at the start of the Valuation Period; minus

PURCHASE PAYMENT, CURRENT VALUE. AND SURRENDER PROVISIONS -------------------------------------------------------------------------------- 3.01 Net Purchase Payment: 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 3.01 Net Purchase Payment (b) The Fund(s) in which the Separate (Cont'd): 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: 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 AG 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 AG 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 formapplication. 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 The minimum amount for acceptable 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 shown on Contract Schedule I. The maximum acceptable Purchase Payment without 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 Office approval is equal to 1.0000000 plus the net return rate.also provided on Contract Schedule I.

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 AG Account; and (b) The Fund(s) in which the Separate Account invests. 3.01 Net Purchase For each Net Purchase Payment, the Certificate Contract 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 AG 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 formapplication. 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.