Common use of Small Benefits Clause in Contracts

Small Benefits. We shall make a payment equal to the sum of the Guaranteed Withdrawal Market Value and the net actuarial value of Our guarantee to the Participant B[or Eligible Spouse] under this Rider if: a. the A[Annual Guaranteed Withdrawal Amount] at the Guaranteed Withdrawal Lock-In Date is less than any minimum A[Annual Guaranteed Withdrawal Amount] required by Us in this Rider; or b. the Plan requires the Participant’s B[or Eligible Spouse’s] Plan account balance to be distributed without the Participant’s B[or Eligible Spouse’s] consent, other than distributions intended to comply with requirements of Section 401(a)(9) of the Code or regulations thereunder, and such amount is not transferred directly to a contract in accordance with Section 9 of this Rider. In such event, the Participant’s B[or Eligible Spouse’s] Guaranteed Withdrawal Account will be cancelled and no further benefits will be provided to the Participant B[or Eligible Spouse] under this Rider.

Small Benefits. We shall make a payment equal to the sum of the Guaranteed Withdrawal Market Value and the net actuarial value of Our guarantee to the Participant B[or D[ or Eligible Spouse] under this Rider if: a. the A[Annual [Annual Guaranteed Withdrawal Amount] at the Guaranteed Withdrawal Lock-In Date is less than any minimum A[Annual [Annual Guaranteed Withdrawal Amount] required by Us in this Rider; or b. the Plan requires the Participant’s B[or [or Eligible Spouse’s] Plan account balance to be distributed without the Participant’s B[or [or Eligible Spouse’s] consent, other than distributions intended to comply with requirements of Section 401(a)(9) of the Code or regulations thereunder, and such amount is not transferred directly to a contract in accordance with Section 9 of this Rider. GA-2060-TGWB-0805 In such event, the Participant’s B[or [or Eligible Spouse’s] Guaranteed Withdrawal Account will be cancelled and no further benefits will be provided to the Participant B[or [or Eligible Spouse] under this Rider.