Common use of TRANSFER OF ACCUMULATION VALUE Clause in Contracts

TRANSFER OF ACCUMULATION VALUE. Before the Maturity Date the Owner may, on request satisfactory to the Company, transfer amounts from one Investment Account to another, subject to the transfer restrictions described in Sections 3.3. For transfers among the Separate Account Divisions, the number of Accumulation Units to be applied or deducted will be adjusted to reflect the respective value of the Accumulation Units in each of the Divisions on the date the transfer is effective. For transfers from the Guaranteed Interest Fund 1, amounts closest to the end of the Guaranteed Period will be removed first. In the event that two amounts are equally close to the end of the Guaranteed Period, the one which was applied to the Guaranteed Interest Fund 1 earlier will be removed first. A Transfer Fee may be deducted from the amount transferred. The maximum amount of the Transfer Fee is shown on page 4. The minimum amount that may be transferred is the lesser of $100 or the entire Accumulation Value of the Investment Account from which the transfer is being made. A transfer request is subject to limitation or modification if the Company determines that the transfer would be to the disadvantage of other contract owners with interests in the Separate Account Divisions or if required by applicable laws or regulations. The limitation or modification may be applied to transfers to and/or from the Separate Account Divisions and could include but not be limited to: • limiting the number of transfers allowed in a Contract Year; • the requirement of a minimum time period between each transfer; • limiting the dollar amount that may be transferred between or among the Separate Account Divisions in any one day; • requiring that a transfer request be submitted in a particular form and/or by a specific process. The Company reserves the right to modify or eliminate any transfer request process (including without limitation transfer requests via the Internet, via facsimile, or by telephone) for some or all contract owners as the Company deems appropriate. XX.X.X.XX.(0805) 9

TRANSFER OF ACCUMULATION VALUE. Before the Maturity Date the Owner may, on request satisfactory to the Company, transfer amounts from one Investment Account to another, subject to the transfer restrictions described in Sections Section 3.3. For transfers among the Separate Account Divisions, the number of Accumulation Units to be applied or deducted will be adjusted to reflect the respective value of the Accumulation Units in each of the Divisions on the date the transfer is effective. For transfers from the Guaranteed Interest Fund 1, amounts closest to the end of the Guaranteed Period will be removed first. In the event that two amounts are equally close to the end of the Guaranteed Period, the one which was applied to the Guaranteed Interest Fund 1 earlier will be removed first. A Transfer Fee may be deducted from the amount transferred. The maximum amount of the Transfer Fee is shown on page Page 4. The minimum amount that may be transferred is the lesser of $100 or the entire Accumulation Value of the Investment Account from which the transfer is being made. A transfer request is subject to limitation or modification if the Company determines that the transfer would be to the disadvantage of other contract owners Owners with interests in the Separate Account Divisions or if required by applicable laws or regulations. The limitation or modification may be applied to transfers to and/or from the Separate Account Divisions and could include but not be limited to: • limiting the number of transfers allowed in a Contract Year; • the requirement of a minimum time period between each transfer; • limiting the dollar amount that may be transferred between or among the Separate Account Divisions in any one day; • requiring that a transfer request be submitted in a particular form and/or by a specific process. The Company reserves the right to modify or eliminate any transfer request process (including without limitation transfer requests via the Internet, via facsimile, or by telephone) for some or all contract owners Owners as the Company deems appropriate. XX.X.X.XX.(0805ICC12.RR.VA.AFR.(0313) 9

TRANSFER OF ACCUMULATION VALUE. Before the Maturity Date the Owner may, on request satisfactory to the Company, transfer amounts from one Investment Account to another, subject to the transfer restrictions described in Sections 3.3. For transfers among the Separate Account Divisions, the number of Accumulation Units to be applied or deducted will be adjusted to reflect the respective value of the Accumulation Units in each of the Divisions on the date the transfer is effective. For transfers from the Guaranteed Interest Fund 1, amounts closest to the end of the Guaranteed Period will be removed first. In the event that two amounts are equally close to the end of the Guaranteed Period, the one which was applied to the Guaranteed Interest Fund 1 earlier will be removed first. A Transfer Fee may be deducted from the amount transferred. The maximum amount of the Transfer Fee is shown on page 4. The minimum amount that may be transferred is the lesser of $100 or the entire Accumulation Value of the Investment Account from which the transfer is being made. A transfer request is subject to limitation or modification if the Company determines that the transfer would be to the disadvantage of other contract owners with interests in the Separate Account Divisions or if required by applicable laws or regulations. The limitation or modification may be applied to transfers to and/or from the Separate Account Divisions and could include but not be limited to: • limiting the number of transfers allowed in a Contract Year; • the requirement of a minimum time period between each transfer; • limiting the dollar amount that may be transferred between or among the Separate Account Divisions in any one day; • requiring that a transfer request be submitted in a particular form and/or by a specific process. The Company reserves the right to modify or eliminate any transfer request process (including without limitation transfer requests via the Internet, via facsimile, or by telephone) for some or all contract owners as the Company deems appropriate. XX.X.X.XX.(0805RR.V.B.MSNST.(0805) 9

TRANSFER OF ACCUMULATION VALUE. Before the Maturity Date the Owner may, on request satisfactory to the Company, transfer amounts from one Investment Account to another, subject to the transfer restrictions described in Sections Section 3.3. For transfers among the Separate Account Divisions, the number of Accumulation Units to be applied or deducted will be adjusted to reflect the respective value of the Accumulation Units in each of the Divisions on the date the transfer is effective. For transfers from the Guaranteed Interest Fund 1Fund, amounts closest to the end expiration of the Guaranteed Period an interest rate guarantee will be removed first. In the event that two amounts are equally close to the end of the Guaranteed Periodexpiration, the one which was applied to the Guaranteed Interest Fund 1 earlier will be removed first. A Transfer Fee may be deducted from the amount transferred. The maximum amount of the Transfer Fee is shown on page 4. The minimum amount that may be transferred is the lesser of $100 or the entire Accumulation Value of the Investment Account from which the transfer is being made. A transfer request is subject to limitation or modification if the Company determines that the transfer would be to the disadvantage of other contract owners with interests in the Separate Account Divisions or if required by applicable laws or regulations. The limitation or modification may be applied to transfers to and/or from the Separate Account Divisions and could include but not be limited to: • limiting the number of transfers allowed in a Contract Year; • the requirement of a minimum time period between each transfer; • limiting the dollar amount that may be transferred between or among the Separate Account Divisions in any one day; • requiring that a transfer request be submitted in a particular form and/or by a specific process. The Company reserves the right to modify or eliminate any transfer request process (including without limitation transfer requests via the Internet, via facsimile, or by telephone) for some or all contract owners as the Company deems appropriate. XX.X.X.XX.(0805XX.X.X.XX.(0803) 9

TRANSFER OF ACCUMULATION VALUE. Before the Maturity Date the Owner may, on request satisfactory to the Company, transfer amounts from one Investment Account to another, subject to the transfer restrictions described in Sections Section 3.3. For transfers among the Separate Account Divisions, the number of Accumulation Units to be applied or deducted will be adjusted to reflect the respective value of the Accumulation Units in each of the Divisions on the date the transfer is effective. For transfers from the Guaranteed Interest Fund 1Fund, amounts closest to the end expiration of the Guaranteed Period an interest rate guarantee will be removed first. In the event that two amounts are equally close to the end of the Guaranteed Periodexpiration, the one which was applied to the Guaranteed Interest Fund 1 earlier will be removed first. A Transfer Fee may be deducted from the amount transferred. The maximum amount of the Transfer Fee is shown on page 4. The minimum amount that may be transferred is the lesser of $100 or the entire Accumulation Value of the Investment Account from which the transfer is being made. A transfer request is subject to limitation or modification if the Company determines that the transfer would be to the disadvantage of other contract owners with interests in the Separate Account Divisions or if required by applicable laws or regulations. The limitation or modification may be applied to transfers to and/or from the Separate Account Divisions and could include but not be limited to: • limiting the number of transfers allowed in a Contract Year; • . the requirement of a minimum time period between each transfer; • . limiting the dollar amount that may be transferred between or among the Separate Account Divisions in any one day; • . requiring that a transfer request be submitted in a particular form and/or by a specific process. The Company reserves the right to modify or eliminate any transfer request process (including without limitation transfer requests via the Internet, via facsimile, or by telephone) for some or all contract owners as the Company deems appropriate. XX.X.X.XX.(0805XX.X.X.XX.(0803) 9

TRANSFER OF ACCUMULATION VALUE. Before the Maturity Date the Owner may, on request satisfactory to the Company, transfer amounts from one Investment Account to another, subject to the transfer restrictions described in Sections Section 3.3. For transfers among the Separate Account Divisions, the number of Accumulation Units to be applied or deducted will be adjusted to reflect the respective value of the Accumulation Units in each of the Divisions on the date the transfer is effective. For transfers from the Guaranteed Interest Fund 1, amounts closest to the end of the Guaranteed Period will be removed first. In the event that two amounts are equally close to the end of the Guaranteed Period, the one which was applied to the Guaranteed Interest Fund 1 earlier will be removed first. A Transfer Fee may be deducted from the amount transferred. The maximum amount of the Transfer Fee is shown on page Page 4. The minimum amount that may be transferred is the lesser of $100 or the entire Accumulation Value of the Investment Account from which the transfer is being made. A transfer request is subject to limitation or modification if the Company determines that the transfer would be to the disadvantage of other contract owners Owners with interests in the Separate Account Divisions or if required by applicable laws or regulations. The limitation or modification may be applied to transfers to and/or from the Separate Account Divisions and could include but not be limited to: • limiting the number of transfers allowed in a Contract Year; • the requirement of a minimum time period between each transfer; • limiting the dollar amount that may be transferred between or among the Separate Account Divisions in any one day; • requiring that a transfer request be submitted in a particular form and/or by a specific process. The Company reserves the right to modify or eliminate any transfer request process (including without limitation transfer requests via the Internet, via facsimile, or by telephone) for some or all contract owners Owners as the Company deems appropriate. XX.X.X.XX.(0805ICC12.RR.VA.BFR.(0313) 9

TRANSFER OF ACCUMULATION VALUE. Before the Maturity Date the Owner may, on request satisfactory to the Company, transfer amounts from one Investment Account to another, subject to the transfer restrictions described in Sections Section 3.3. For transfers among the Separate Account Divisions, the number of Accumulation Units to be applied or deducted will be adjusted to reflect the respective value of the Accumulation Units in each of the Divisions on the date the transfer is effective. For transfers from the Guaranteed Interest Fund 1Fund, amounts closest to the end expiration of the Guaranteed Period an interest rate guarantee will be removed first. In the event that two amounts are equally close to the end of the Guaranteed Periodexpiration, the one which was applied to the Guaranteed Interest Fund 1 earlier will be removed first. A Transfer Fee may be deducted from the amount transferred. The maximum amount of the Transfer Fee is shown on page 4. The minimum amount that may be transferred is the lesser of $100 or the entire Accumulation Value of the Investment Account from which the transfer is being made. A transfer request is subject to limitation or modification if the Company determines that the transfer would be to the disadvantage of other contract owners with interests in the Separate Account Divisions or if required by applicable laws or regulations. The limitation or modification may be applied to transfers to and/or from the Separate Account Divisions and could include but not be limited to: • . limiting the number of transfers allowed in a Contract Year; • . the requirement of a minimum time period between each transfer; • . limiting the dollar amount that may be transferred between or among the Separate Account Divisions in any one day; • . requiring that a transfer request be submitted in a particular form and/or by a specific process. The Company reserves the right to modify or eliminate any transfer request process (including without limitation transfer requests via the Internet, via facsimile, or by telephone) for some or all contract owners as the Company deems appropriate. XX.X.X.XX.(0805RP.V.B.MSNST. (0704) 9

TRANSFER OF ACCUMULATION VALUE. Before the Maturity Date the Owner may, on request satisfactory to the Company, transfer amounts from one Investment Account to another, subject to the transfer restrictions described in Sections Section 3.3. For transfers among the Separate Account Divisions, the number of Accumulation Units to be applied or deducted will be adjusted to reflect the respective value of the Accumulation Units in each of the Divisions on the date the transfer is effective. For transfers from the Guaranteed Interest Fund 1Fund, amounts closest to the end expiration of the Guaranteed Period an interest rate guarantee will be removed first. In the event that two amounts are equally close to the end of the Guaranteed Periodexpiration, the one which was applied to the Guaranteed Interest Fund 1 earlier will be removed first. A Transfer Fee may be deducted from the amount transferred. The maximum amount of the Transfer Fee is shown on page 4. The minimum amount that may be transferred is the lesser of $100 or the entire Accumulation Value of the Investment Account from which the transfer is being made. A transfer request is subject to limitation or modification if the Company determines that the transfer would be to the disadvantage of other contract owners with interests in the Separate Account Divisions or if required by applicable laws or regulations. The limitation or modification may be applied to transfers to and/or from the Separate Account Divisions and could include but not be limited to: • . limiting the number of transfers allowed in a Contract Year; • , . the requirement of a minimum time period between each transfer; • . limiting the dollar amount that may be transferred between or among the Separate Account Divisions in any one day; • . requiring that a transfer request be submitted in a particular form and/or by a specific process. The Company reserves the right to modify or eliminate any transfer request process (including without limitation transfer requests via the Internet, via facsimile, or by telephone) for some or all contract owners as the Company deems appropriate. XX.X.X.XX.(0805XX.X.X.XX.(0704) 9

TRANSFER OF ACCUMULATION VALUE. Before the Maturity Date the Owner may, on request satisfactory to the Company, transfer amounts from one Investment Account to another, subject to the transfer restrictions described in Sections Section 3.3. For transfers among the Separate Account Divisions, the number of Accumulation Units to be applied or deducted will be adjusted to reflect the respective value of the Accumulation Units in each of the Divisions on the date the transfer is effective. For transfers from the Guaranteed Interest Fund 1Fund, amounts closest to the end expiration of the Guaranteed Period an interest rate guarantee will be removed first. In the event that two amounts are equally close to the end of the Guaranteed Periodexpiration, the one which was applied to the Guaranteed Interest Fund 1 earlier will be removed first. A Transfer Fee may be deducted from the amount transferred. The maximum amount of the Transfer Fee is shown on page 4. The minimum amount that may be transferred is the lesser of $100 or the entire Accumulation Value of the Investment Account from which the transfer is being made. A transfer request is subject to limitation or modification if the Company determines that the transfer would be to the disadvantage of other contract owners with interests in the Separate Account Divisions or if required by applicable laws or regulations. The limitation or modification may be applied to transfers to and/or from the Separate Account Divisions and could include but not be limited to: • . limiting the number of transfers allowed in a Contract Year; • . the requirement of a minimum time period between each transfer; • . limiting the dollar amount that may be transferred between or among the Separate Account Divisions in any one day; • . requiring that a transfer request be submitted in a particular form and/or by a specific process. The Company reserves the right to modify or eliminate any transfer request process (including without limitation transfer requests via the Internet, via facsimile, or by telephone) for some or all contract owners as the Company deems appropriate. XX.X.X.XX.(0805XX.X.X.XX.(0704) 9