Common use of VARIABLE ANNUITY Clause in Contracts

VARIABLE ANNUITY. You may elect to have the Adjusted Contract Value applied to provide a variable annuity. Variable Annuity Payments reflect the investment performance of the Variable Account in accordance with the allocation of the Adjusted Contract Value to the sub-accounts during the Annuity Phase. Variable Annuity Payments are not guaranteed as to dollar amount. On the Income Date, Annuity Units will be purchased as follows: The first Annuity Payment is equal to the Adjusted Contract Value, divided first by $1000 and then multiplied by the appropriate Annuity Payment amount for each $1000 of value for the Annuity Option selected as set forth in the table at the end of the Contract. These rates are based on the specified Assumed Investment Return and the 1983(a) Individual Annuity Mortality Table with mortality improvement projected 30 years using Mortality Projection Scale G. In each sub-account, the number of Annuity Units is determined by dividing the amount of the initial Annuity Payment determined for each sub-account by the Annuity Unit value on the Income Date. Thereafter, the number of Annuity Units in each sub-account remains unchanged unless you elect to transfer between sub-accounts. All calculations will appropriately reflect the Annuity Payment frequency selected. On each subsequent Annuity Payment date, the total Annuity Payment is the sum of the Annuity Payments for each sub-account. The Annuity Payment in each sub-account is determined by multiplying the number of Annuity Units then allocated to such sub-account by the Annuity Unit value for that sub-account. On each subsequent Valuation Date, the value of an Annuity Unit is determined in the following way:

VARIABLE ANNUITY. You may elect to have the Adjusted Contract Value applied to provide a variable annuity. Variable Annuity Payments reflect the investment performance of the Variable Account in accordance with the allocation of the Adjusted Contract Value to the subSub-accounts Accounts during the Annuity PhasePeriod. Variable Annuity Payments are not guaranteed as to dollar amount. On the Income Date, Date a fixed number of Annuity Units will be purchased as follows: The first Annuity Payment is equal to the Adjusted Contract Value, divided first by $1000 and then multiplied by the appropriate Annuity Payment amount for each $1000 of value for the Annuity Option selected as set forth in the table at the end of the Contractselected. These rates are based on the specified Assumed Investment Return and the 1983(a) Individual Annuity Mortality Table with mortality improvement projected 30 years using Mortality Projection Scale G. In each subSub-account, Account the fixed number of Annuity Units is determined by dividing the amount of the initial Annuity Payment determined for each subSub-account Account by the Annuity Unit value on the Income Date. Thereafter, the number of Annuity Units in each subSub-account Account remains unchanged unless you elect to transfer between subSub-accountsAccounts. All calculations will appropriately reflect the Annuity Payment frequency selected. On each subsequent Annuity Payment date, the total Annuity Payment is the sum of the Annuity Payments for each subSub-accountAccount. The Annuity Payment in each subSub-account Account is determined by multiplying the number of Annuity Units then allocated to such subSub-account Account by the Annuity Unit value for that subSub-accountAccount. On each subsequent Valuation Date, the value of an Annuity Unit is determined in the following way:

VARIABLE ANNUITY. You may elect to have the Adjusted Contract Value applied to provide a variable annuity. Variable Annuity Payments reflect the investment performance of the Variable Account in accordance with the allocation of the Adjusted Contract Value to the sub-accounts Investment Options during the Annuity Phase. Variable Annuity Payments are not guaranteed as to dollar amount. On the Income Date, Annuity Units will be purchased as follows: The first Annuity Payment is equal to the Adjusted Contract Value, divided first by $1000 and then multiplied by the appropriate Annuity Payment amount for each $1000 of value for the Annuity Option selected as set forth in the table Table B at the end of the Contract. These rates are based on the specified Assumed Investment Return and the 1983(a) Individual Annuity Mortality Table with mortality improvement projected 30 years using Mortality Projection Scale G. In each sub-accountInvestment Option, the number of Annuity Units is determined by dividing the amount of the initial Annuity Payment determined for each sub-account Investment Option by the Annuity Unit value on the Income Date. Thereafter, the number of Annuity Units in each sub-account Investment Option remains unchanged unless you elect to transfer between sub-accountsInvestment Options. All calculations will appropriately reflect the Annuity Payment frequency selected. On each subsequent Annuity Payment date, the total Annuity Payment is the sum of the Annuity Payments for each sub-accountInvestment Option. The Annuity Payment in each sub-account Investment Option is determined by multiplying the number of Annuity Units then allocated to such sub-account Investment Option by the Annuity Unit value for that sub-accountInvestment Option. On each subsequent Valuation Date, the value of an Annuity Unit is determined in the following way:: First: The net investment factor is determined as described under "Variable Account - net investment factor" above.

VARIABLE ANNUITY. You may elect to have the Adjusted Contract Value applied to provide a variable annuity. Variable Annuity Payments reflect the investment performance of the Variable Account in accordance with the allocation of the Adjusted Contract Value to the sub-accounts during the Annuity Phase. Variable Annuity Payments are not guaranteed as to dollar amount. On the Income Date, Annuity Units will be purchased as follows: The first Annuity Payment is equal to the Adjusted Contract Value, divided first by $1000 and then multiplied by the appropriate Annuity Payment amount for each $1000 of value for the Annuity Option selected as set forth in the table at the end of the Contract. These rates are based on the specified Assumed Investment Return and the 1983(a) Individual Annuity Mortality Table with mortality improvement projected 30 years using Mortality Projection Scale G. In each sub-account, the number of Annuity Units is determined by dividing the amount of the initial Annuity Payment determined for each sub-account by the Annuity Unit value on the Income Date. Thereafter, the number of Annuity Units in each sub-account remains unchanged unless you elect to transfer between sub-accounts. All calculations will appropriately reflect the Annuity Payment frequency selected. On each subsequent Annuity Payment date, the total Annuity Payment is the sum of the Annuity Payments for in each sub-account. The Annuity Payment in each sub-account is determined by multiplying the number of Annuity Units then allocated to such sub-account by the Annuity Unit value for that sub-account. On each subsequent Valuation Date, the value of an Annuity Unit is determined in the following way:.

VARIABLE ANNUITY. You may elect to have the Adjusted Contract Value applied to provide a variable annuity. Variable Annuity Payments reflect the investment performance of the Variable Account in accordance with the allocation of the Adjusted Contract Value to the sub-accounts during the Annuity Phase. Variable Annuity Payments are not guaranteed as to dollar amount. On the Income Date, Annuity Units will be purchased as follows: The first Annuity Payment is equal to the Adjusted Contract Value, divided first by $1000 and then multiplied by the appropriate Annuity Payment amount for each $1000 of value for the Annuity Option selected as set forth in the table at the end of the Contract. These rates are based on the specified Assumed Investment Return and the 1983(a) Individual Annuity Mortality Table with mortality improvement projected 30 years using Mortality Projection Scale G. In each sub-account, the number of Annuity Units is determined by dividing the amount of the initial Annuity Payment determined for each sub-account by the Annuity Unit value on the Income Date. Thereafter, the number of Annuity Units in each sub-account remains unchanged unless you elect to transfer between sub-accounts. All calculations will appropriately reflect the Annuity Payment frequency selected. On each subsequent Annuity Payment date, the total Annuity Payment is the sum of the Annuity Payments for in each sub-account. The Annuity Payment in each sub-account is determined by multiplying the number of Annuity Units then allocated to such sub-account by the Annuity Unit value for that sub-account. On each subsequent Valuation Date, the value of an Annuity Unit is determined in the following way: