Common use of Surrender Fee Clause in Contracts

Surrender Fee. The Surrender Fee only applies to the Net Purchase Payment portion surrendered and varies according to the elapsed time from the Contract effective date (see Contract Schedule I). No Surrender Fee is deducted from any portion of the Current Value which is paid: (a) To a Beneficiary due to the Annuitant's death before Annuity payments start (see 3.06); (b) As a premium for an Annuity option 1, 2 or 3 under this Contract (see 4.04); (c) As a distribution under the SWO provision (see 3.05); (d) At least 12 months after the date of the Purchase Payment, in an amount equal to or less than the special withdrawal percentage shown on Contract Schedule l times the current value at the time of the withdrawal. This applies to the first surrender request, partial or full, in a calendar year. The Current Value is calculated as of the date the surrender request is received in good order at Aetna's Home Office. This waiver is not available to the Contract Holder while SWO is in effect; (e) For a full surrender of the Contract where the Current Value is $2,500 or less and no surrenders have been taken from the Contract within the prior 12 months; or (f) Upon withdrawal of any Matured Period Value; or (g) By Aetna under 3.11.

Surrender Fee. The Surrender Fee only applies to the Net Purchase Payment portion surrendered and varies according to the elapsed time from the Contract certificate effective date (see Contract Schedule I). No Surrender Fee is deducted from any portion of the Current Value which is paid: (a) To a Beneficiary due to the Annuitant's death before Annuity payments start (see 3.06); (b) As a premium for an Annuity option 1, 2 or 3 under this Contract (see 4.04); (c) As a distribution under the SWO provision (see 3.05); (d) At least 12 months after the date of the Purchase Payment, in an amount equal to or less than the special withdrawal percentage shown on Contract Schedule l I times the current value Current Value at the time of the withdrawal. This applies to the first surrender request, partial or full, in a calendar year. The Current Value is calculated as of the date the surrender request is received in good order at Aetna's Home Office. This waiver is not available to the Contract Certificate Holder while SWO is in effect; (e) For a full surrender of the Contract Account where the Current Value of the Account is $2,500 or less and no surrenders have been taken from the Contract Account within the prior 12 months; or (f) Upon withdrawal of any Matured Period Value; or (g) By Aetna under 3.11.

Surrender Fee. The Surrender Fee only applies to the Net Purchase Payment portion surrendered and varies according to the elapsed time from the Contract effective date (see Contract Schedule Schedule I)) . No Surrender Fee is deducted from any portion of the Current Value which is paid: (a) To a Beneficiary due to the Annuitant's death before Annuity payments start (see 3.06); (b) As a premium for an Annuity option 1, 2 or 3 under this Contract (see 4.04);see (c) As a distribution under the SWO provision (see 3.05); (d) At least 12 months after the date of the Purchase Payment, in an amount equal to or less than the special withdrawal percentage shown on Contract Schedule l times the current value at the time of the withdrawal. This applies to the first surrender request, partial or full, in a calendar year. The Current Value is calculated as of the date the surrender request is received in good order at Aetna's Home Office. This waiver is not available to the Contract Holder while SWO is in effect; (e) For a full surrender of the Contract where the Current Value is $2,500 or less and no surrenders have been taken from the Contract within the prior 12 months; or (f) Upon withdrawal of any Matured Period Value; or (g) By Aetna under 3.11.

Surrender Fee. The Surrender Fee only applies to the Net Purchase Payment portion surrendered and varies according to the elapsed time from the Contract certificate effective date (see Contract Schedule I). No Surrender Fee is deducted from any portion of the Current Value which is paid: (a) To a Beneficiary due to the Annuitant's death before Annuity payments start (see 3.06); (b) As a premium for an Annuity option 1, 2 or 3 under this Contract (see 4.04); (c) As a distribution under the SWO provision (see 3.05); (d) At least 12 months after the date of the Purchase Payment, in an amount equal to or less than the special withdrawal percentage shown on Contract Schedule l I times the current value Current Value at the time of the withdrawalwithdrawl. This applies to the first surrender request, partial or full, in a calendar year. The Current Value is calculated as of the date the surrender request is received in good order at Aetna's Home Office. This waiver is not available to the Contract Certificate Holder while SWO is in effect; (e) For a full surrender of the Contract Account where the Current Value of the Account is $2,500 or less and no surrenders have been taken from the Contract Account within the prior 12 months; or; (f) Upon withdrawal withdrawl of any Matured Period Value; or (g) By Aetna under 3.11.

Surrender Fee. The Surrender Fee only applies to the Net Purchase Payment portion surrendered and varies according to the elapsed time from the Contract certificate effective date (see Contract Schedule I). I.) No Surrender Fee is deducted from any portion of the Current Value which is paid: (a) To a Beneficiary due to the Annuitant's death before Annuity payments start (see 3.06); (b) As a premium for an Annuity option 1, 2 or 3 under this Contract (see 4.04); (c) As a distribution under the SWO provision (see 3.05); (d) At least 12 months after the date of the Purchase Payment, in an amount equal to or less than the special withdrawal percentage shown on Contract Schedule l I times the current value Current Value at the time of the withdrawalwithdrawl. This applies to the first surrender request, partial or full, in a calendar year. The Current Value is calculated as of the date the surrender request is received in good order at Aetna's Home Office. This waiver is not available to the Contract Certificate Holder while SWO is in effect; (e) For a full surrender of the Contract Account where the Current Value of the Account is $2,500 or less and no surrenders have been taken from the Contract Account within the prior 12 months; or; (f) Upon withdrawal withdrawl of any Matured Period Value; or (g) By Aetna under 3.11.or G1-MGA-95 15

Surrender Fee. The Surrender Fee only applies to the Net Purchase Payment portion surrendered and varies according to the elapsed time from the Contract certificate effective date (see Contract Schedule I)) . No Surrender Fee is deducted from any portion of the Current Value which is paid: (a) To a Beneficiary due to the AnnuitantXxxxxxxxx's death before Annuity Xxxxxxx payments start (see 3.06); (b) As a premium for an Annuity option 1, 2 or 3 under this Contract (see 4.04); (c) As a distribution under the SWO provision (see 3.05); (d) At least 12 months after the date of the Purchase Payment, in an amount equal to or less than the special withdrawal percentage shown on Contract Schedule l I times the current value Current Value at the time of the withdrawal. This applies to the first surrender request, partial or full, in a calendar year. The Current Value is calculated as of the date the surrender request is received in good order at Aetna's Home Office. This waiver is not available to the Contract Certificate Holder while SWO is in effect; (e) For a full surrender of the Contract Account where the Current Value of the Account is $2,500 or less and no surrenders have been taken from the Contract Account within the prior 12 months; or (f) Upon withdrawal of any Matured Period Value; or (g) By Aetna under 3.11.