Common use of THE ACCUMULATION PHASE Clause in Contracts

THE ACCUMULATION PHASE. PAYMENTS Payments Each Payment is equal to the gross payment less the amount of any applicable premium tax. The Company reserves the right to deduct the amount of the premium tax from the Accumulated Value at a later date rather than when the premium tax liability is first incurred by the Company. In no event will an amount be deducted for premium taxes before the Company has incurred a tax liability under applicable State law. Initial Payment The Initial Payment is shown on the Specifications page. Additional Payments Prior to the Annuity Date and before the death of an Owner, the Owner may make additional Payments of at least the Minimum Additional Payment Amount (see Specifications page). Total Payments made may not exceed [$5,000,000] without the Company's consent. Payment Allocations The Initial Payment is allocated in accordance with the Payment Allocation, shown on the Specifications page. Each subsequent Payment will be allocated in the same manner unless allocation instructions accompany the Payment or the Payment Allocation is changed by the Owner. The minimum amount that may be allocated to the Guarantee Period Account is shown on the Specifications page. If the Owner requests an allocation less than the minimum amount, the Company reserves the right to apply that amount to the [money market Sub-Account.]

THE ACCUMULATION PHASE. PAYMENTS Payments Each Payment is equal to the gross payment less the amount of any applicable premium tax. The Company reserves the right to deduct the amount of the premium tax from the Accumulated Value at a later date rather than when the premium tax liability is first incurred by the Company. In no event will an amount be deducted for premium taxes before the Company has incurred a tax liability under applicable State law. Initial Payment The Initial Payment is shown on the Specifications page. Additional Payments Prior to the Annuity Date and before the death of an Owner, the Owner may make additional Payments of at least the Minimum Additional Payment Amount (see Specifications page). Total Payments made may not exceed [$5,000,000] without the Company's consent. Payment Allocations The Initial Payment is allocated in accordance with the Payment Allocation, shown on the Specifications page. Each subsequent Payment will be allocated in the same manner unless allocation instructions accompany the Payment or the Payment Allocation is changed by the Owner. The minimum amount that may be allocated to the a Guarantee Period Account is shown on the Specifications page. If the Owner requests an allocation less than the minimum amount, the Company reserves the right to apply that amount to the [money market Sub-Account.]

THE ACCUMULATION PHASE. PAYMENTS Payments Each Payment is equal to the gross payment less the amount of any applicable premium tax. Gross payments refers to Payments made by the Owner. The Company reserves the right to deduct the amount of the premium tax from the Accumulated Value at a later date rather than when the premium tax liability is first incurred by the Company. In no event will an amount be deducted for premium taxes before the Company has incurred a tax liability under applicable State law. Initial Payment The Initial Payment is shown on the Specifications page. Additional Payments Prior to the Annuity Date and before the death of an Owner, the Owner may make additional Payments of at least the Minimum Additional Payment Amount (see Specifications page). Total Payments made may not exceed [$5,000,000] without the Company's consent. Payment Allocations The Initial Payment is allocated in accordance with the Payment Allocation, shown on the Specifications page. Each subsequent Payment will be allocated in the same manner unless allocation instructions accompany the Payment or the Payment Allocation is changed by the Owner. The minimum amount that may be allocated to the Guarantee Period Account is shown on the Specifications page. If the Owner requests an allocation less than the minimum amount, the Company reserves the right to apply that amount to the [money market Sub-Account.]

THE ACCUMULATION PHASE. PAYMENTS Payments Each Payment is equal to the gross payment less the amount of any applicable premium tax. The Company reserves the right to deduct the amount of the premium tax from the Accumulated Value at a later date rather than when the premium tax liability is first incurred by the Company. In no event will an amount be deducted for premium taxes before the Company has incurred a tax liability under applicable State law. Initial Payment The Initial Payment is shown on the Specifications page. Additional Payments Prior to the Annuity Date and before the death of an Owner, the Owner may make additional Payments of at least the Minimum Additional Payment Amount (see Specifications page). Total Payments made may not exceed [$5,000,0002,000,000] without the Company's consent. Payment Allocations The Initial Payment is allocated in accordance with the Payment Allocation, shown on the Specifications page. Each subsequent Payment will be allocated in the same manner unless allocation instructions accompany the Payment or the Payment Allocation is changed by the Owner. The minimum amount that may be allocated to the Guarantee Period Account is shown on the Specifications page. If the Owner requests an allocation less than the minimum amount, the Company reserves the right to apply that amount to the [money market Sub-Account.]