Common use of Right to Examine Clause in Contracts

Right to Examine. This contract can be returned within 10 days after you receive it. It can be mailed or delivered to either us or the representative who sold it. Return of this contract by mail is effective on being postmarked, properly addressed and postage paid. We promptly refund the Contract Value. This may be more or less than the Purchase Payments. We have the right to allocate Purchase Payments to the Money Market Investment Option until the end of the Right to Examine period. If we so allocate Purchase Payments, we refund the greater of the Purchase Payments less any Withdrawals, or the Contract Value. This is a legal contract between you and the Company. Read this contract carefully. L40534 Table of Contents Contract Schedule 3 Definitions 4 Purchase Payments 6 Variable Account 6 Contract 6 How the Contract Value increases and decrease 6 Transfers 7 Suspension of Payments or Transfers 7 Contract Charges 8 Mortality and Expense Risk Charge 8 Contract Maintenance Charge 8 Withdrawals 8 Full Withdrawal 8 Partial Withdrawals 8 Annuity Payments 9 How Annuity Payments begin 9 How we calculate Annuity Payments 10 Annuity Options 10 Death Benefit 11 Ownership 12 General Provisions 13 L40534 2

Right to Examine. This contract can be returned within 10 days after you receive it. It can be mailed or delivered to either us or the representative who sold it. Return of this contract by mail is effective on being postmarked, properly addressed and postage paidprepaid. We promptly refund the Contract ValueValue in states where permitted. This may be more or less than the Purchase Payments. We have the right to allocate Purchase Payments to the Money Market Investment Option until the end of the Right to Examine period. If we so allocate Purchase Payments, we refund the greater of the Purchase Payments less any Withdrawals, or the Contract Value. This is a legal contract between you and the Company. Read this contract carefully. L40534 L40533 Table of Contents Contract Schedule 3 Definitions 4 Purchase Payments 6 Variable Account 6 Contract Account Values 6 How the Contract Value increases Account Values increase and decrease 6 Transfers 7 Suspension of Payments payments or Transfers 7 transfers 8 Contract Charges 8 Mortality and Expense Risk Charge 8 9 Base Account Fee 9 Contract Maintenance Charge 8 9 Accessing your Account Values Withdrawals 8 9 Full Withdrawal 8 9 Partial Withdrawals 8 10 Annuity Payments 9 10 How Annuity Payments begin 9 10 How we calculate Annuity Payments 10 Annuity Options 10 11 Death Benefit 11 13 Ownership 12 14 General Provisions 13 L40534 15 L40533 2

Right to Examine. This contract can be returned within 10 days after you receive it. It can be mailed or delivered to either us or the representative who sold it. Return of this contract by mail is effective on being postmarked, properly addressed and postage paid. We promptly refund the Contract Value. This may be more or less than the Purchase Payments. We have the right to allocate Purchase Payments to the Money Market Investment Option until the end of the Right to Examine period. If we so allocate Purchase Payments, we refund the greater of the Purchase Payments less any Withdrawals, or the Contract Value. This is a legal contract between you and the Company. Read this contract carefully. L40534 L40537 Table of Contents Contract Schedule 3 Definitions 4 Purchase Payments 6 5 Variable Account 6 Contract Account Values 6 How the Contract Value increases Account Values increase and decrease 6 Transfers 7 Suspension of Payments payments or Transfers 7 Contract Charges transfers 8 Mortality and Expense Risk Charge 8 Contract Maintenance Charge 8 Accessing your Account Values Withdrawals 8 Full Withdrawal 8 Partial Withdrawals 8 Annuity Payments 9 8 How Annuity Payments begin 9 How we calculate Annuity Payments 10 8 Annuity Options 10 9 Death Benefit 10 Ownership 11 Ownership 12 General Provisions 13 L40534 12 L40537 2