Common use of Withdrawals Clause in Contracts

Withdrawals. The Owner may, upon Notice to LNY, withdraw a part of the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is received.

Withdrawals. The Owner may, upon Notice to LNY, withdraw a part A full or partial Withdrawal of the surrender value of this Separate Account Contract Value is allowed at any time prior to the earlier of: Annuity Start Date while the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractOwner is living. Withdrawals will be subject to effected as of the withdrawal end of the Valuation Period in which the Withdrawal request is Received by SBL, and surrender requirements as shown on payment will be made within the Contract Specificationstime frame required by applicable law. A withdrawal Withdrawals normally will be effective on as of the close of the Valuation Date that LNY receives Notice Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, any Withdrawal Charges attributable to withdrawthe Withdrawal, and any Premium tax and pro rata Account Charge. Upon the Owner's request for a full Withdrawal, SBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions. The Notice request for Withdrawal must specify be Received by SBL in writing or under other methods allowed by SBL, if any; The Owner must apply prior to the Annuity Start Date while this Contract is in force, unless one of Annuity Options 5, 6 or 7 is elected; and The amount withdrawn must be at least $500, except upon a full Withdrawal. A partial Withdrawal request must state the allocations for deducting the Withdrawal from which Variable Subaccount and/or any Fixed Account the withdrawal will be madeeach Account. If no allocation is specified, LNY SBL will withdraw deduct the amount requested on a pro-rata basis Withdrawal from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within Accounts in the time period as required by same proportion that Contract Value is allocated among the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed PeriodAccounts. If a request for a withdrawal from a Fixed Subaccount is received during your partial Withdrawal causes your Contract Value to be less than $5,000 immediately after the 45 but not more than 75 day period immediately preceding Withdrawal, we may terminate your Contract and send you the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedWithdrawal proceeds.

Withdrawals. a. No Plan Sponsor-directed withdrawal by a Participating Plan from a Fund shall be permitted unless a prior written notice of intention to make such withdrawal shall have been given to the Trustee (or its authorized designee) within such time period as the Trustee may establish from time to time. Unless the Plan Sponsor specifies a particular Valuation Date as the effective date for the withdrawal, the withdrawal shall occur at the next Valuation Date after the notice is received. The Owner may, upon Notice Plan Sponsor may by notice to LNY, withdraw a part of the surrender value of this Contract Trustee cancel such withdrawal request at any time prior up to the earlier of: the Annuity Commencement Date, termination Valuation Date as of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to which the withdrawal and surrender requirements as shown on the Contract Specificationsis to be effected. A withdrawal will request may not be effective on changed or cancelled after the Valuation Date that LNY receives Notice as of which the withdrawal is to withdrawbe effected. Such withdrawal shall be made pro rata from the Participating Plan's interest in such Fund. b. Upon the withdrawal of a Participating Plan's interest in a Fund, there shall be paid or transferred out of the respective Fund an amount equal to the value, as determined pursuant to this Trust, of the Participating Plan's interest or part thereof withdrawn on the date such withdrawal is effective. The Notice must specify Trustee may, however, withhold and retain from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the value of such interest or part thereof such amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required represents income accrued thereon but not actually collected by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values Trustee as of the Valuation Date date of such withdrawal. In such event, the Notice for withdrawal is received. A partial withdrawal will result in accrued income shall be distributed to the Participating Plan when the Trustee actually collects such income. c. In the event that any income accrued but not actually collected by the Trustee shall be distributed to a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for Participating Plan upon a withdrawal from a Fixed Subaccount Fund, and thereafter such accrued income is received during not actually collected by the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed PeriodTrustee in whole or in part when it should have been, the withdrawal will be effective as of Trustee shall have the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received right at any time other than during thereafter to charge to and recover from such Participating Plan, or the 45 participants thereof, the amount of such accrued income so distributed but not more than 75 day periodactually collected. d. In general, all income earned by the Trust or a Fund after expenses shall be added to the principal of the Trust or Fund and invested and reinvested as a part thereof. The Trustee, in its discretion and upon consultation with the Sub-Advisor, may at any time make a distribution to the Participating Plans. Any such distribution shall be distributed in cash or in kind or partly in cash and partly in kind, as the Trustee in its sole discretion shall determine. e. Notwithstanding the foregoing, if the total withdrawals from a Fund for all Participating Plan requests as of any Valuation Date exceed uncommitted cash and the liquid investments available on that Valuation Date, the withdrawal will be accomplished as of Trustee shall make payments to the Valuation Date Participating Plans requesting withdrawals from the Notice Fund involved based on the following priorities: (i) requests for a withdrawal is received.withdrawals in order to pay benefits from Participating Plans;

Withdrawals. The Owner may, upon Notice to LNY, withdraw may make a part of withdrawal from the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractPolicy Value. Withdrawals after the Insured’s 121st birthday are permitted. The Company reserves the right to charge for withdrawals. This charge will be subject to deducted from the Contract Fund Value and will not exceed the maximum charge for a withdrawal and surrender requirements as shown on the Contract SpecificationsPolicy Schedule Pages (page 4). A However, the Owner may not: • withdraw an amount which would reduce the Cash Surrender Value to less than three times the most recent Monthly Policy Charge; • withdraw less than the minimum withdrawal will be effective amount shown on the Policy Schedule Pages (page 3); • make more than four withdrawals in a Policy year; or • for a Policy with Death Benefit Option A, withdraw an amount which would reduce the Specified Amount to less than the minimum Specified Amount that the Company would require for issuance of a policy at the time of withdrawal, unless this Policy is in force under the Paid-up Option (Section 11). On the Valuation Date that LNY receives Notice to withdraw. The Notice must specify on which a withdrawal from which Variable Subaccount and/or any Fixed Account the withdrawal Policy Value is made, the Contract Fund Value will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay reduced by the amount of any the withdrawal, but if the date of a withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the not a Valuation Date then the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the next Valuation Date Date. The reduction will be deducted proportionately from the Notice for a Divisions. If the withdrawal exceeds the Investment Account, the excess will be deducted from the NM Strength and Stability Account. Deductions from the NM Strength and Stability Account will be deducted first from the Tier Two Balance, if any. Any portion not deducted from the Tier Two Balance is deducted from the Tier One Balance. If the Death Benefit Option in effect at the time of withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day periodOption A, the withdrawal Specified Amount will be accomplished as reduced. The amount of the Valuation Date reduction, unless this Policy is in force under the Notice for a Paid-up Option (Section 11), is the withdrawal amount less the excess, if any, of (a) over (b) where: (a) equals the Policy Value immediately before the withdrawal; and (b) equals the Specified Amount divided by the Minimum Death Benefit Percentage, shown on the Policy Schedule Pages (page 6), applicable at the time of the withdrawal. The reduction is receivednot to be less than zero.

Withdrawals. The Owner mayUpon Written Request on or after the first policy anniversary while the Insured is living, upon Notice to LNY, you may withdraw a part portion of the surrender value Net Cash Surrender Value of this Contract at any time prior to policy. We will deduct a withdrawal fee of $25 from the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractAccumulated Value for each withdrawal. Withdrawals will be subject to the following conditions: · the amount of each withdrawal must be at least $200; · the Net Cash Surrender Value remaining after each withdrawal must be at least $500; and surrender requirements as shown · if there is any Policy Debt at the time of each withdrawal, the amount of the withdrawal is limited to the excess, if any, of the Cash Surrender Value immediately prior to the withdrawal over the result of the Policy Debt divided by 90%. The amount of each withdrawal, and its associated withdrawal fee, will be allocated proportionately to the Accumulated Value in the Investment Options unless you request otherwise. If the Insured dies after the request for a withdrawal is sent to us and prior to the withdrawal being effected, the amount of the withdrawal will be deducted from the Death Benefit Proceeds, which will be determined without taking the withdrawal into account. Unless you request otherwise, no withdrawal will be processed if the withdrawal would cause the policy to become a Modified Endowment Contract. We reserve the right to disallow any withdrawal that would result in the Face Amount remaining after the withdrawal to be less than $50,000. Because a withdrawal will reduce the Accumulated Value, and because the Death Benefit depends on the Contract SpecificationsFace Amount, Accumulated Value, Death Benefit Option, and Death Benefit Qualification elected (see the Death Benefit section for details), a withdrawal may reduce the Death Benefit. A withdrawal will be effective on reduce the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account Face Amount, but only for policies having Death Benefit Option A. In such case, a withdrawal in excess of the withdrawal Death Benefit less the Face Amount will be made. If no allocation is specified, LNY will withdraw reduce the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay Face Amount by the amount of any the excess. However, for the first such withdrawal within in each of the time period as required by first 15 policy years, the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx Face Amount will be accomplished at Accumulation Unit values as reduced only to the extent that the withdrawal exceeds 10% of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedpremiums paid.

Withdrawals. The Owner 12.01 What are the rules for a partial withdrawal? You may make partial withdrawals during the Accumulation Period by Authorized Request. Withdrawal of Risk Control Account Value is not permitted while there is Variable Subaccount Value. You may, upon Notice however, request to LNYwithdraw Risk Control Account Value on the Risk Control Account Maturity Date as described in Section 7.04. You may provide specific instructions for withdrawal of Variable Subaccount Value. If you do not provide specific instructions, withdraw withdrawals will be processed on a part Pro Rata basis from the value in all Variable Subaccount(s). If there is insufficient Variable Subaccount Value, or no Variable Subaccount Value, Holding Account Value will be withdrawn. If there is insufficient Holding Account Value or no Holding Account Value, Risk Control Account Value will be withdrawn on a Pro Rata basis. Any applicable Surrender Charge and Market Value Adjustment will affect the amount available for a withdrawal. We will pay you the amount you request in connection with a partial withdrawal by redeeming Accumulation Units from the appropriate Variable Subaccount(s) and/or Accumulation Credits from the appropriate Risk Control Account(s), and withdrawing Holding Account Value, if applicable. If a partial withdrawal would cause the Surrender Value to be less than the amount shown in Section 1.07 as the “Minimum Surrender Value Remaining After Any Partial Withdrawal”, we will treat your request as a full surrender. Refer to Section 1.07 for additional information regarding partial withdrawals. Refer to Section 12.05 for additional information regarding Surrender Charges. 12.02 What are the rules for a full surrender of the contract? You have the right to surrender value of this Contract at any time prior to contract during the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractAccumulation Period by Authorized Request. Withdrawals You will be subject to paid the withdrawal and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specifiedSurrender Value, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the date we received your Authorized Request in Good Order. The Surrender Value is equal to: a.) Your Contract Value at the end of the Valuation Date Period in which we receive your Authorized Request; b.) Minus any applicable Surrender Charge, as described in Section 12.05; c.) Adjusted for any applicable Market Value Adjustment for Risk Control Account(s), as described in Section 12.06. Upon payment of the Notice for withdrawal Surrender Value, this contract is receivedterminated, and we have no further obligation under this contract. A partial withdrawal We may require that this contract be returned to our Administrative Office prior to making payment. The Surrender Value will result not be less than the amount required by state law, in which the contract was delivered. We will pay you the amount you request in connection with a proportional reduction in any Death Benefit payable full surrender by redeeming Accumulation Units from the Variable Subaccount(s) and/or Accumulation Credits from the Risk Control Account(s), and withdrawing Holding Account Value, if applicable. 12.03 What amounts may be withdrawn without incurring a Surrender Charge? The following amounts may be withdrawn without incurring a Surrender Charge: a.) Withdrawals under the Contract. Withdrawals from Nursing Home or Hospital/Terminal Illness Withdrawal Privilege, as described in Section 13; b.) Required minimum distributions under the IRC that are withdrawn under an automatic withdrawal program provided by the Company; c.) Withdrawal of Risk Control Account Value on a Fixed Subaccount will be Risk Control Account Maturity Date, as described in Section 7.04; d.) Purchase Payment(s) that are no longer subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective Surrender Charge as of the Expiration Date unless an immediate date of the partial withdrawal or full surrender, as described in Section 12.05; e.) Your Annual 10% Free Withdrawal Amount described below; and f.) Earnings, if any, after all Purchase Payments have been withdrawn. Annual 10% Free Withdrawal Amount. Your Annual Free Withdrawal Amount is requested. If an immediate withdrawal is requested, equal to 10% of the total Purchase Payments received that are within the Surrender Charge Period at the time of the withdrawal for that Contract Year. Any unused Free Annual Withdrawal Amount will occur not carry over to any subsequent Contract Year. 12.04 What amounts may be withdrawn without incurring a Market Value Adjustment? The following amounts may be withdrawn without incurring a Market Value Adjustment: a.) Required minimum distributions under the IRC that are withdrawn under an automatic withdrawal program provided by the Company; and b.) Withdrawal of Risk Control Account Value on a Risk Control Account Maturity Date, as described in Section 7.04. 12.05 What is the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, Surrender Charge and how will it affect the withdrawal will be accomplished as amount? A Surrender Charge is imposed on each Purchase Payment within the Surrender Charge period that is withdrawn in excess of the Valuation Date Annual Free Withdrawal Amount described in Section 12.03. The Surrender Charge, if any, will reduce the Notice for a overall withdrawal is receivedamount.

Withdrawals. The Owner may, upon Notice to LNYLNL, withdraw a part of the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A LNL must receive from the owner a Notice of a withdrawal will be effective on the Valuation Date that LNY receives Notice to withdrawrequest. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation Subaccount is specified, LNY LNL will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed AccountSubaccount. Upon receipt of Notice of withdrawal, LNY LNL will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers from the Variable Account provision (Article 109) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 30-day period immediately preceding the Expiration Date of that one-year Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a the withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 30-day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is received.

Withdrawals. The Owner may, upon Notice to LNY, withdraw a part of the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A LNY must receive from the Owner a Notice of a withdrawal will be effective on the Valuation Date that LNY receives Notice to withdrawrequest. The Notice must specify from which Variable Subaccount and/or any Fixed Account Subacount the withdrawal will be made. If no allocation Subaccount is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed AccountSubaccount. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the one-year Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is received.

Withdrawals. The Owner During the Accumulation Period, the Certificate Holder may, upon Notice to LNYWritten Request, withdraw make a part total or partial withdrawal of the surrender value Certificate Withdrawal Value. Unless the Certificate Holder instructs the Company otherwise, a partial withdrawal will be made from the Separate Account. A partial withdrawal from the Separate Account will result in the cancellation of this Contract at any time prior Accumulation Units from each applicable Sub-Account in the ratio that the Certificate Holder's interest in the Sub-Account bears to the earlier of: total Certificate Holder's Account Value in all Sub-Accounts. The Certificate Holder must specify by Written Request in advance which Sub-Account Accumulation Units are to be cancelled if other than the Annuity Commencement Date, termination above method is desired. A partial withdrawal from the Fixed Account or the MVA Account is made for a Certificate with Multiple Guarantee Periods by a withdrawal first from the 1-year Fixed Account and next from the Guarantee Period of this Contract upon payment the shortest remaining duration and then from the Guarantee Period with the earliest Effective Date where the Guarantee Periods are of any Death Benefit, or surrender of this Contractthe same duration. Withdrawals will A partial withdrawal is taken first from the Certificate Withdrawal Value for which the Free Withdrawal Provision applies and then from the Withdrawal Value for which there is no waiver. A withdrawal from the MVA Account may be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdrawa Market Value Adjustment. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY Company will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission seven (7) days of receipt of a request in good order unless the Suspension or Deferral of Payments or Transfers provision (Article 10) Provision is in effect. Xxxxxxxxxxx will Each partial withdrawal must be accomplished at Accumulation Unit values as of for an amount which is not less than the Valuation Date amount shown on the Notice for Contract Schedule. The minimum Certificate Holder's Account Value which must remain in a Sub-Account after a partial withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective shown on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedContract Schedule.

Withdrawals. The Owner may, upon Notice to LNY, You may withdraw a part or all of the surrender value of this Contract Account Value at any time before the earlier of the death of an Owner, or Annuitant if the Owner is a non natural person, or the Maturity Date by sending us a notice in writing. We will not defer payment more than six months beyond the date we receive such notice. If we defer payment for more than 30 days, the amount deferred will earn interest at a rate not less than the minimum required by law. FREE WITHDRAWAL AMOUNT The Free Withdrawal Amount will equal the greater of; a) the annual Required Minimum Distribution amount for Owners of Qualified Contracts aged 70 1/2 or more; or b) the amount of any interest credited to the Account Value during the 12 months prior to the earlier of: date of your request, less any Gross Withdrawal Amount(s) taken during this 12 month period. 30 DAY WINDOW We will not apply a Market Value Adjustment factor or assess Withdrawal Charges if you request a withdrawal or annuitize any amount during the Annuity Commencement 30 day period after the expiration of any Term. We must receive your written request for withdrawal after the end of a Term and during the 30 day period following the end of that Term. WITHDRAWAL CHARGE If a withdrawal is made from the Contract prior to the Maturity Date, termination a Withdrawal Charge may be assessed against the portion of this Contract upon payment the Account Value being withdrawn. The amount of any Death Benefit, or surrender the Withdrawal Charge and when it is assessed is discussed below 1) The Free Withdrawal Amount is defined above and may be withdrawn free of this Contract. Withdrawals a Withdrawal Charge and is not subject to a Market Value Adjustment. 2) Any amounts withdrawn in excess of the Free Withdrawal Amount will be subject to a Withdrawal Charge, if any. The Withdrawal Charge is determined by multiplying the withdrawal Gross Withdrawal Amount, less any annual administration fee and surrender requirements as Free Withdrawal Amount, by the applicable Withdrawal Charge percentage shown on the Contract SpecificationsSpecifications Page. 3) No Withdrawal Charge will apply to withdrawals made at the end of a Term as described in “Part 5: Initial Term and Subsequent Term”. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice request for withdrawal is received. A partial withdrawal will result at the end of a Term must be received in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received writing during the 45 but not more than 75 30 day period immediately preceding following the Expiration Date end of that Guaranteed Period, Term in order to avoid the withdrawal will be effective as application of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedWithdrawal Charge.

Withdrawals. The Owner may, upon Notice to LNY, withdraw a part A full or partial Withdrawal of the surrender value of this Separate Account Contract Value is allowed at any time prior to the earlier of: Annuity Start Date while the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractOwner is living. Withdrawals will be subject to effected as of the withdrawal end of the Valuation Period in which the Withdrawal request is Received by FSBL, and surrender requirements as shown on payment will be made within the Contract Specificationstime frame required by applicable law. A withdrawal (Please see "Delay of Payment," page 9 for a discussion of the circumstances under which payments may be delayed.) Withdrawals normally will be effective on as of the close of the Valuation Date that LNY receives Notice Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, any Withdrawal Charges attributable to withdrawthe Withdrawal, any Premium tax and, in the case of a full Withdrawal, any pro rata Account Charge. Upon the Owner's request for a full Withdrawal, FSBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions. The Notice request for Withdrawal must specify be Received by FSBL in writing or under other methods allowed by FSBL, if any; The Owner must apply prior to the Annuity Start Date while this Contract is in force; and The amount withdrawn must be at least $500, except upon a full Withdrawal. A partial Withdrawal request must state the allocations for deducting the Withdrawal from which Variable Subaccount and/or any Fixed Account the withdrawal will be madeeach Account. If no allocation is specified, LNY FSBL will withdraw deduct the amount requested on a pro-rata basis Withdrawal from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within Accounts in the time period as required by same proportion that Contract Value is allocated among the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed PeriodAccounts. If a request for a withdrawal from a Fixed Subaccount is received during partial Withdrawal causes your Contract Value to be less than $2,000 immediately after the 45 but not more than 75 day period immediately preceding Withdrawal and no Purchase Payments have been made in the Expiration Date of that Guaranteed Periodprior three years, we may terminate your Contract and send you the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedWithdrawal proceeds.

Withdrawals. The During the Access Period, an Owner may, upon Notice to LNYLincoln National, withdraw a part make Withdrawals of the surrender value of this Contract at any time prior amounts up to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractSurrender Value. Withdrawals will be subject to the withdrawal Withdrawal and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on Withdrawals are not allowed after the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed AccountAccess Period. Upon receipt of Notice of withdrawalWithdrawal, LNY Lincoln National will pay the amount of any withdrawal Withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx Withdrawals will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal Withdrawal is received. Withdrawals will immediately reduce the Account Value and will reduce subsequent Periodic Income Payments and the Guaranteed Income Benefit, if elected (See: Determination of Subsequent Periodic Income Payments During the Access Period). A partial withdrawal Withdrawal will result in be effective on the Valuation Date that Lincoln National receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the Withdrawal will be made. If no allocation is specified, Lincoln National will withdraw the amount requested on a proportional reduction in pro-rata basis from each Variable Subaccount and/or any Death Benefit payable under the ContractFixed Account. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal Withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal Withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal Withdrawal will be effective as of the Expiration Date unless an immediate withdrawal Withdrawal is requested. If an immediate withdrawal Withdrawal is requested, the withdrawal Withdrawal will occur on the Valuation Date the Notice for a withdrawal Withdrawal is received. If a Notice for a withdrawal Withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal Withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal Withdrawal is received.

Withdrawals. The Owner You may, upon Notice to LNY, withdraw a part of the surrender value of this Contract at any time prior to the earlier of: on or before the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be Date and subject to the withdrawal requirements, limitations and surrender requirements as shown on restrictions described in this section, withdraw all or a portion of the amount available under this Contract, while the Annuitant is living and the Contract Specificationsis in force. A However, no withdrawals are allowed within thirty (30) days of the Contract Date. You may specify that the withdrawal will be effective on taken from a specific Investment Option(s) or pro rata from all Investment Options. If your request does not specify the Valuation Date that LNY receives Notice to withdraw. The Notice must specify Investment Option(s) from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Periodto be made, the withdrawal will be taken pro rata from all Investment Options relative to the Account Value in each option. Withdrawals will normally be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, end of the Business Day the withdrawal will occur on the Valuation Date the Notice for request, in a withdrawal is received. If a Notice for a withdrawal form satisfactory to us, is received at any time other than during our Service Center. Minimum Withdrawal Amount — The minimum amount that may be withdrawn is shown in the 45 but not more than 75 day period, Contract Specifications. If the withdrawal reduces the Account Value in any Investment Option to an amount less than the amount shown in the Contract Specifications, we reserve the right to transfer such remaining Account Value to your other Investment Options on a pro rata basis relative to your most recent allocation instructions. If the withdrawal reduces the Net Contract Value to an amount less than the amount shown in the Contract Specifications, we may terminate this Contract and pay you the withdrawal proceeds (see Full Withdrawal provision). We will not terminate the Contract if you own an optional rider and a withdrawal reduces the Net Contract Value to an amount less than the amount shown in the Contract Specifications. Payment of the withdrawal proceeds will end this Contract and we will have no further obligations under the Contract. Full Withdrawal — You may, on or before the Annuity Date, make a full withdrawal under this Contract for its withdrawal proceeds, while the Annuitant is living and the Contract is in force. A full withdrawal will terminate the Contract. We will require the return of this Contract or a signed Lost Contract Affidavit with your request. Your request for a full withdrawal will normally be accomplished effective as of the Valuation Date end of the Notice Business Day such request, in a form satisfactory to us, is received at our Service Center. Payment of the withdrawal proceeds will end this Contract and we will have no further obligations under the Contract. Amount Available for a Withdrawal — The amount available for withdrawal is receivedthe Net Contract Value as of the end of the Business Day on which the withdrawal request is effective, less any: · Withdrawal charges; · charges for expenses relating to optional riders attached to the Contract; · charges for annual fees; and · charges for premium taxes and/or other taxes. The amount we send you (the “withdrawal proceeds”) will also reflect any required or requested federal and/or state income tax withholding.

Withdrawals. The Owner You may, upon Notice to LNY, withdraw a part of the surrender value of this Contract at any time prior to the earlier of: on or before the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be Date and subject to the withdrawal requirements, limitations and surrender requirements as shown on restrictions described in this section, withdraw all or a portion of the amount available under this Contract, while the Annuitant is living and the Contract Specificationsis in force. A However, no withdrawals are allowed within thirty (30) days of the Contract Date. You may specify that the withdrawal will be effective on taken from a specific Investment Option or pro rata from all Investment Options. If your request does not specify the Valuation Date that LNY receives Notice to withdraw. The Notice must specify Investment Option from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Periodto be made, the withdrawal will be taken pro rata from all Investment Options relative to the Account Value in each option. Withdrawals will normally be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, end of the Business Day the withdrawal will occur on the Valuation Date the Notice for request, in a withdrawal is received. If a Notice for a withdrawal form satisfactory to us, is received at any time other than during the 45 but not more than 75 day period, our Service Center. Minimum Withdrawal Amount – The minimum amount that may be withdrawn is $500. If the withdrawal reduces the Account Value in any Investment Option to an amount less than $500, we reserve the right, with prior written notice, to transfer such remaining Account Value to your other Investment Options on a pro rata basis relative to your most recent allocation instructions. If the withdrawal reduces the Net Contract Value to an amount less than $1,000, we may terminate this Contract and pay you the withdrawal proceeds (see Full Withdrawal provision). We will not terminate the Contract if you own an optional rider and a withdrawal reduces the Net Contract Value to an amount less than $1,000. Payment of the withdrawal proceeds will end this Contract and we will have no further obligations under the Contract. Full Withdrawal – You may, on or before the Annuity Date, make a full withdrawal under this Contract for its withdrawal proceeds, while the Annuitant is living and the Contract is in force. A full withdrawal will terminate the Contract. We will require the return of this Contract or a signed Lost Contract Affidavit with your request. Your request for a full withdrawal will normally be accomplished effective as of the Valuation Date end of the Notice Business Day such request, in a form satisfactory to us, is received at our Service Center. Payment of the withdrawal proceeds will end this Contract and we will have no further obligations under the Contract. Amount Available for a Withdrawal – The amount available for withdrawal is received.the Net Contract Value as of the end of the Business Day on which the withdrawal request is effective, less any: • Withdrawal charges; • charges for expenses relating to optional riders attached to the Contract; • charges for annual fees; and • charges for premium taxes and/or other taxes. The amount we send you (the “withdrawal proceeds”) will also reflect any required or requested federal and/or state income tax withholding. 10-2180

Withdrawals. The Owner may, upon Notice to LNY, withdraw a part of the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will your FICA Account may be subject to an Interest Adjustment unless the withdrawal is effective made on the Expiration Date of the Guaranteed Periodany Business Day. If a You may request for a withdrawal from a Fixed Subaccount is received during your FICA Account by accessing our website at xxx.XXXXxxxxxxx.xxx (or where appropriate, by contacting your advisor) and following the 45 but not more than 75 day period immediately preceding directions under the Expiration Date of that Guaranteed Periodsection entitled “Account Withdrawals.” If you satisfactorily complete your withdrawal request by 3:00 p.m. (Eastern Time) on any Business Day, the withdrawal request should, under normal conditions, be initiated and processed via transfer at the Insured Depositories on such day. Your FICA Account will usually be credited with the withdrawal proceeds by the next Business Day. Thereafter, the FICA Custodian will return the funds in your FICA Account to the account designated by you. Please reference Section 11 for additional detail on the FICA Program’s Days of Operation. If your withdrawal request is completed after 3:00 p.m. (Eastern Time) on any Business Day, then it will be effective as initiated and processed by 3:00 p.m. (Eastern Time) on the following Business Day and then your FICA Account will be credited with the withdrawal proceeds on the day subsequent to the following Business Day. If you decide to close your FICA Account or request a complete withdrawal, you may have to wait a period of time for all of the Expiration Date unless an immediate interest to be posted to your FICA Account since interest can only be credited to your FICA Account once interest is credited by the Insured Depositories to the Depository Accounts. Because Insured Depositories do not generally post interest to a Depository Account on a same day basis, there may be a delay between the date of your withdrawal is requestedrequest and the date on which you receive all of the interest that accrued in the Depository Accounts to the effective date of your withdrawal. If an immediate withdrawal is requested, StoneCastle and the withdrawal will occur on FICA Custodian reserve the Valuation Date the Notice for right to take reasonable measures to verify a withdrawal is receivedrequest, and StoneCastle and the FICA Custodian will not be held liable for any delays caused by such verification measures. If a Notice for a In the case of partial withdrawals from your FICA Account, StoneCastle will determine from which Insured Depositories your withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal request will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedprocessed.

Withdrawals. You may make a maximum of two withdrawals from this Saver’s Sweepstakes account during any 12- month period with early withdrawal penalties, unless waived, of $10 for a first withdrawal, and $10 for a second withdrawal. (The Owner maycredit union waives early withdrawal penalties in the first seven days after a Saver’s Sweepstakes account is opened.) More than two withdrawals within any 12-month period will result in the primary account holder’s disqualification from subsequent prize drawings, upon Notice forfeiture of any and all entries earned up until account closure, and the closure of the Saver’s Sweepstakes account without penalty. If the account is closed, the primary account holder is ineligible to LNYopen another Saver’s Sweepstakes account for a period of 90 days. These withdrawal restrictions apply regardless of whether the primary account holder or a joint account holder makes withdrawals. Withdrawals due to legal process, withdraw including garnishment or levy, or due to set-off by the Credit Union, are not subject to early withdrawal penalties. When any withdrawal is made, the primary account holder will forfeit Saver’s Sweepstakes prize drawing entries for that prize pool to the extent that the balance decreases month-over-month. If the Saver’s Sweepstakes account balance remains at a lower balance due to withdrawals, the following month’s lower balance will be considered the opening balance, and you can begin making additional qualifying deposits toward entries. Unless the Credit Union’s account ownership agreement clearly indicates that more than one signature is required, any joint account holder is authorized to act for you on this Saver’s Sweepstakes account and on his/her own may transact any business on this account, including but not limited to withdrawing, transferring or closing the account, or pledging as security all of any part of the surrender value shares of this Contract at any time prior account, without your consent. The Credit Union shall have no duty to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment notify you of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedjoint account holder’s actions.

Withdrawals. The You or your joint Account Owner maymay request a withdrawal from your Account by notifying the Program Manager, upon Notice or by having your Advisor do so on your behalf. No other person is entitled to LNY, withdraw a part request withdrawals from your Account. To the extent that your withdrawals are not used for the qualified education expenses of the surrender value Designated Beneficiary, the earnings portion of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will such withdrawal may be subject to the withdrawal potential imposition of federal and surrender requirements as shown state income taxes and an additional 10% federal tax. You should consult your accountant, financial advisor or tax advisor with respect to your own circumstances. Please review the “TAX INFORMATION” section, for further detail on the Contract Specificationstax consequences of withdrawals. A If your Account is invested in more than one Investment Portfolio, for every withdrawal will be effective on that you make from your Account, you must select the Valuation Date that LNY receives Notice to withdraw. The Notice must specify Investment Portfolio or Investment Portfolios from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt your Account holds more than one class of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result Units in a proportional reduction particular Investment Portfolio, for every withdrawal that you make from assets in any Death Benefit payable your Account invested under such Investment Portfolio, you must select the Contract. Withdrawals class of Units from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, which the withdrawal will be effective as made. Automatic Withdrawal Plan. An investor who owns or buys Units of a Portfolio having a net unit value of $10,000 or more may establish an Automatic Withdrawal Plan and have a designated sum of money paid monthly (or quarterly) to the Account Owner, the Designated Beneficiary and/or an Eligible Higher Educational Institution. Such a plan may be established by completing the appropriate section of the Expiration Date unless Withdrawal Request Form located at xxx.xxxxxxxxxxxxx000.xxx. A Medallion Signature Guarantee is required if an immediate withdrawal Automatic Withdrawal Plan is requestedset up after the account is established and the Account Owner is requesting the payment be sent to a person other than the record Account Owner or to an address other than the address of record. Redemptions for the purpose of withdrawals are ordinarily made on the business day selected by the investor at that day’s closing net unit value. Checks are normally mailed on the following business day. If an immediate withdrawal is requestedthe date selected by the investor falls on a weekend or holiday, the withdrawal Transfer Agent will occur normally process the redemption on the Valuation Date preceding business day. Payment can be made to the Notice account owner, beneficiary, or beneficiary’s college. As withdrawal payments may include a return of principal, they cannot be considered a guaranteed annuity or actual yield of income to the investor. The redemption of Units in connection with an Automatic Withdrawal Plan may result in a gain or loss for tax purposes. The maintenance of an Automatic Withdrawal Plan concurrently with purchases of additional Units of the Portfolio would be disadvantageous to the investor because of the CDSC that may become payable on such withdrawals in the case of Class A, Class C, Class SD-A or Class SD-C Units and because of the initial sales charge in the case of Class A and Class SD-A Units. An investor may not maintain a withdrawal is receivedplan for the accumulation of Units of the Portfolio and an Automatic Withdrawal Plan at the same time. If a Notice for a withdrawal is received The Plan or the Program Manager may terminate or change the terms of the Automatic Withdrawal Plan at any time. Because the Automatic Withdrawal Plan may involve invasion of capital, investors should consider carefully with their own financial advisers whether the plan and the specified amounts to be withdrawn are appropriate in their circumstances. The Plan and the Program Manager make no recommendations or representations in this regard. You can cancel your Participation Agreement and close your Account at any time other than during by written notice to the 45 but not more than 75 day periodProgram Manager, accompanied by the appropriate withdrawal form. The Program Manager may terminate any Account (i) forty-five days following the withdrawal by Account Owner of the final balance of the Account, (ii) if on or after the second anniversary of the establishment of an Account, the withdrawal will Account fails to maintain a minimum balance of $1,000 for ninety consecutive days, (iii) if it finds that Account Owner or the Designated Beneficiary has provided false or misleading information, (iv) if another account has been established for the same Designated Beneficiary in an Additional South Dakota Investment Portfolio or (v) at such other time as may be accomplished as determined by the Program Manager and the Council to be in the best interests of the Valuation Date the Notice for a withdrawal is receivedTrust.

Withdrawals. The Owner may, upon Notice to LNY, withdraw a part of the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will your FICA Account may only be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Periodmade once per week. If a You may request for a withdrawal from your FICA Account by accessing our website at xxx.XXXXxxxxxxx.xxx and following the directions under the section entitled “Account Withdrawals”. If you satisfactorily complete your withdrawal request by 10:00 a.m. (Eastern time) on any Monday (or if such Monday is not a Fixed Subaccount is received during Business Day, then by the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Periodnext following Business Day), the withdrawal request should, under normal conditions, be initiated and processed via ACH transfer at the Depository Banks on such day. Your FICA Account will usually be credited with the withdrawal proceeds by the Business Day following the day your withdrawal request is processed. Thereafter, the FICA Custodian will return the funds in your FICA Account to the account designated by you. If your withdrawal request is completed after 10:00 a.m. (Eastern time) on any Monday (or if such Monday is not a Business Day, then by 10:00 a.m. (Eastern time) on the next following Business Day), then your withdrawal request will be effective as initiated for the following Monday. If you decide to close your FICA Account or request a complete withdrawal, you may have to wait a period of time for all of the Expiration Date unless an immediate withdrawal interest to be posted to your FICA Account since interest is requested. If an immediate withdrawal is requested, the withdrawal will occur credited to your FICA Account on the Valuation Date same day that interest is credited by the Notice for Depository Banks to the Depository Accounts. Because Depository Banks do not generally post interest to a Depository Account on a same day basis, there may be a delay between the date of your withdrawal request and the date on which you receive all of the interest that accrued in the Depository Accounts to the effective date of your withdrawal. StoneCastle and the FICA Custodian reserve the right to take reasonable measures to verify a withdrawal is receivedrequest, and StoneCastle and the FICA Custodian will not be held liable for any delays caused by such verification measures. If a Notice for a In the case of partial withdrawals from your FICA Account, StoneCastle will determine from which Depository Bank(s) your withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal request will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedprocessed.

Withdrawals. The Owner may, upon Notice to LNY, withdraw may make a part of withdrawal from the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractPolicy Value. Withdrawals after the Insured’s 121st birthday are permitted. The Company reserves the right to charge for withdrawals. This charge will be subject to deducted from the Contract Fund Value and will not exceed the maximum charge for a withdrawal and surrender requirements as shown on the Contract SpecificationsPolicy Schedule Pages (page 4). A However, the Owner may not: • withdraw an amount which would reduce the Cash Surrender Value to less than three times the most recent Monthly Policy Charge; • withdraw less than the minimum withdrawal will be effective amount shown on the Policy Schedule Pages (page 3); • make more than four withdrawals in a Policy year; or • for a Policy with Death Benefit Option A, withdraw an amount which would reduce the Specified Amount to less than the minimum Specified Amount that the Company would require for issuance of a policy at the time of withdrawal, unless this Policy is in force under the Paid-up Option (Section 10). On the Valuation Date that LNY receives Notice to withdraw. The Notice must specify on which a withdrawal from which Variable Subaccount and/or any Fixed Account the withdrawal Policy Value is made, the Contract Fund Value will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay reduced by the amount of any the withdrawal, but if the date of a withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the not a Valuation Date then the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the next Valuation Date Date. The reduction will be deducted proportionately from the Notice for a Divisions. If the Death Benefit Option in effect at the time of withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day periodOption A, the withdrawal Specified Amount will be accomplished as reduced. The amount of the Valuation Date reduction, unless this Policy is in force under the Notice for a Paid-up Option (Section 10), is the withdrawal amount less the excess, if any, of (a) over (b) where: (a) equals the Policy Value immediately before the withdrawal; and (b) equals the Specified Amount divided by the Minimum Death Benefit Percentage, shown on the Policy Schedule Pages (page 6), applicable at the time of the withdrawal. The reduction is receivednot to be less than zero.

Withdrawals. The Owner maySubject to limitations on withdrawals from the Fixed Interest Options and other restrictions (see “Withdrawal Restrictions” in this section), upon Notice to LNYthe Contract Holder, or you if permitted by the plan, may withdraw all or a part portion of the surrender value of this Contract your Account Value at any time prior during the Accumulation Phase. ISP.01107-22 (Texas K-12 Contracts) 13 The Contract Holder, or you if permitted by the plan, must: · Select the Withdrawal Amount: > Full Withdrawal: You will receive, reduced by any required tax, your Account Value allocated to the earlier of: Subaccounts, the Annuity Commencement DateGuaranteed Accumulation Account (plus or minus any applicable market value adjustment) and the Fixed Account, termination of this Contract upon payment of minus any Death Benefitapplicable early withdrawal charge, maintenance fee and redemption fees, plus the amount available for withdrawal from the Fixed Plus Account and/or the Fixed Plus Account II A; or surrender of this Contract. Withdrawals > Partial Withdrawal (Percentage or Specified Dollar Amount): You will be receive, reduced by any required tax, the amount you specify, subject to the value available in your account. However, the amount actually withdrawn from your account will be adjusted by any applicable redemption fees and by any applicable early withdrawal charge for amounts withdrawn from the Subaccounts, the Guaranteed Accumulation Account or the Fixed Account and any positive or negative market value adjustments for amounts withdrawn from the Guaranteed Accumulation Account. The amounts available from the Fixed Plus Account and Fixed Plus Account II A may be limited. · Select Investment Options. Subject to any applicable withdrawal order requirements for Contracts that have Fixed Plus Account II A as an investment option, we will withdraw dollars in the same proportion as the values you hold in the various investment options from each investment option in which you have an Account Value unless otherwise specified by you; and · Properly complete a disbursement form and submit it to Customer Service. For amounts you withdraw from Account Value allocated to the Subaccounts, we will redeem the number of Accumulation Units needed to fund the withdrawal and surrender requirements as shown on the Contract Specificationsreduce your Account Value accordingly. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will For amounts you withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount Interest Option, we will be subject to an reduce the value of the Fixed Interest Adjustment unless Option by the dollar amount of that portion of the withdrawal is effective on the Expiration Date of (and with respect to the Guaranteed PeriodAccumulation Account, will reflect any positive or negative market value adjustment) and will reduce your Account Value accordingly. If a request for A reduction to your Account Value due to a withdrawal results in a lesser amount available to be annuitized and a lesser death benefit (if your death benefit amount is based on your Account Value). For a description of limitations on withdrawals from a the Fixed Subaccount is received during Plus Account and Fixed Plus Account II A, please see APPENDIX D and APPENDIX E in the 45 but not more than 75 day period immediately preceding full prospectus for the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedContract.

Withdrawals. The Owner WITHDRAWALS: During the Accumulation Period, you may, upon Notice to LNYa request in Good Order, withdraw make a part total or partial withdrawal of the surrender value of this Contract Surrender Value. An MVA will apply if the withdrawal is made from an MVA Option at any time prior to other than within 30 days immediately following the earlier of: the Annuity Commencement Date, termination end of this Contract upon payment of any Death Benefit, or surrender of this Contracta GIR Period. Withdrawals [Any applicable Withdrawal Charge will be subject to applied after any MVA.] You may specify the withdrawal and surrender requirements as shown on the Contract Specifications. A Allocation Option(s) from which a withdrawal will be effective on the Valuation Date that LNY receives Notice to withdrawtaken. The Notice must specify from which Variable Subaccount and/or any Fixed Account If you do not specify, we will take the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Accountall Allocation Option(s) to which your Contract Value is allocated. Upon receipt of Notice of withdrawal, LNY We will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission 7 days of receipt of request in Good Order unless the "Suspension or Deferral of Payments or Transfers Transfers" provision (Article 10) is in effect. Xxxxxxxxxxx Each partial withdrawal must be for an amount which is not less than the amount shown on the Contract Data pages. The minimum Contract Value which must remain in the Contract after a partial withdrawal in order to keep the Contract inforce is shown on the Contract Data pages. If the amount of the withdrawal requested would reduce the Contract Value below this minimum, we will give you the maximum amount available that, with [the Withdrawal Charge and] any applicable MVA, would not reduce the Contract Value below such minimum. Special rules may apply for IRAs. [WITHDRAWAL CHARGE: A Withdrawal Charge may apply if you make a withdrawal during the Withdrawal Charge Period. The amount of the Withdrawal Charge is a percentage, shown on the Contract Data pages, of the amount withdrawn that is subject to the charge. If a withdrawal is effective on the day before a Contract Anniversary, the Withdrawal Charge percentage used will be accomplished at Accumulation Unit values the one as of the Valuation Date following Contract Anniversary. If you request a partial withdrawal, we will deduct an amount from the Notice Contract Value that is sufficient to pay the Withdrawal Charge and any negative MVA, and provide you the amount requested. In determining the Withdrawal Charge, withdrawals of the Charge-Free Amount will be taken first. Withdrawals in excess of the Charge-Free Amount may be subject to a Withdrawal Charge. Once all Purchase Payments have been withdrawn, further withdrawals will be taken from any Earnings. Earnings are not subject to Withdrawal Charges. Even if a withdrawal is not subject to Withdrawal Charges because the amount withdrawn is not in excess of the Charge-Free Amount, it may be subject to an MVA if the withdrawal is made at any time other than within the 30-day period immediately following the end of a GIR Period. When a withdrawal is taken from a tax-qualified Contract in order to satisfy a mandatory distribution requirement with respect to the Contract Value in this Contract, Withdrawal Charges will be waived on any amount that exceeds the Charge-Free Amount. Withdrawal Charges will never be greater than that permitted by any applicable law or regulation. Depending on the Settlement Option selected, Withdrawal Charges may be assessed upon settlement.] WAIVER OF [WITHDRAWAL CHARGES AND] MVA: If you request a withdrawal, we will waive [all Withdrawal Charges and] any MVA upon receipt of due proof that: (a) the Owner or Joint Owner is Terminally Ill, or has been confined to an Eligible Nursing Home or Eligible Hospital continuously for at least three months beginning after the Contract Date, and (b) such terminal illness or confinement continues on the date we receive the Owner's or Joint Owner's request for withdrawal in Good Order. This waiver is receivednot available if the Contract has been assigned. A partial withdrawal At least 30 calendar days prior to your First Credit Date shown on the Contract Data pages, we will result notify you of your option to have a Credit added to your Contract Value. If you elect to receive a Credit, it will be allocated to the Allocation Options in the same proportion as the Contract Value on the applicable Credit Date. If we do not receive a proportional reduction Credit Election request in Good Order by your applicable Credit Date, no Credit will be added to your Contract Value. If you do elect to receive the Credit at your First Credit Date, we will make this same offer again, at least 30 calendar days prior to your Second Credit Date. If you do not elect to receive the Credit at the First Credit Date, we will not make this offer again and any Death Benefit payable under subsequent Credit offers will not be available to you. If you elect to receive a Credit, a new Withdrawal Charge Period will begin. You will be subject to a Credit Election Withdrawal Charge (as shown on the ContractContract Data pages) on withdrawals you make which are subject to the charge. The Charge-Free Amount will apply to withdrawals made on or after the applicable Credit Date, and will be calculated as described in the Contract Data pages. Withdrawals from which do not exceed the Charge-Free Amount will not be subject to a Fixed Subaccount Credit Election Withdrawal Charge, but, if applicable, will be subject to an Interest Adjustment unless MVA. Credits and any applicable earnings resulting from the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal Credits will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for considered Earnings and are not subject to a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedCredit Election Withdrawal Charge.]

Withdrawals. The Owner may, upon Notice to LNY, withdraw 10.01 What are the rules for a part of partial withdrawal? You may make partial withdrawals during the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractAccumulation Period by Authorized Request. Withdrawals will be subject taken on a Pro Rata basis from the Contract Value in each Allocation Option. Any applicable Surrender Charge and Market Value Adjustment will affect the amount available for a withdrawal. If a partial withdrawal would cause the Surrender Value to be less than the amount shown in Section 1.03 as the “Minimum Surrender Value Remaining After Any Partial Withdrawal”, we will treat your request as a full surrender. Refer to Section 1.03 for additional information regarding partial withdrawals. 10.02 What are the rules for a full surrender of the contract? You have the right to surrender this contract during the Accumulation Period by Authorized Request. You will be paid the Surrender Value, as of the Business Day we received your Authorized Request in Good Order. The Surrender Value is equal to: a.) Your Contract Value at the end of the Valuation Period in which we receive your Authorized Request; b.) Minus any applicable Surrender Charge, as described in Section 10.06; c.) Adjusted for any applicable Market Value Adjustment as described in Section 10.07. Upon payment of the Surrender Value, this contract is terminated, and we have no further obligation under this contract. We may require that this contract be returned to our Administrative Office prior to making payment. The Surrender Value will not be less than the amount required by state law, in which the contract was delivered. 10.03 What amounts may be withdrawn without incurring a Surrender Charge? The following amounts may be withdrawn without incurring a Surrender Charge: a.) Withdrawals under the Nursing Home or Hospital/Terminal Illness Withdrawal Privilege, as described in Section 11.01; b.) Required Minimum Distributions that are withdrawn under an automatic withdrawal program provided by the Company; c.) The Annual Free Withdrawal Amount; d.) Death benefit proceeds; e.) Amounts withdrawn after the Surrender Charge period; and f.) Amounts applied to an income payout option. See Section 14.01 for details. 10.04 What amounts may be withdrawn without incurring a Market Value Adjustment? The following amounts may be withdrawn without incurring a Market Value Adjustment: a.) Withdrawals under the Nursing Home or Hospital/Terminal Illness Withdrawal Privilege, as described in Section 11.01; b.) Required Minimum Distributions that are withdrawn under an automatic withdrawal program provided by the Company; c.) The Annual Free Withdrawal Amount; d.) Withdrawals on an Allocation Option Maturity Date; e.) Death benefit proceeds; and f.) Amounts applied to an income payout option. See Section 14.01 for details. 10.05 What is the Annual Free Withdrawal Amount? Your Annual Free Withdrawal Amount is equal to 10% of the beginning of year Contract Value and surrender requirements represents the amount that can be withdrawn without incurring a Surrender Charge or Market Value Adjustment. Any unused Annual Free Withdrawal Amount will not carry over to any subsequent Contract Year. 10.06 What is the Surrender Charge? A Surrender Charge is imposed on amounts withdrawn in excess of the Annual Free Withdrawal Amount. The Surrender Charge schedule is expressed as a percentage of the Contract Value as shown in Section 1.02. The Surrender Charge, if any, is calculated using the following formula: Surrender Charge Amount = W x SC%, where W = amount of withdrawal that is in excess of the Annual Free Withdrawal Amount remaining for that Contract Year SC% = applicable Surrender Charge percentage based on the Contract Specifications. Year of the withdrawal. 10.07 How is the Market Value Adjustment calculated and how will it affect the withdrawal amount? A withdrawal may be adjusted (increased or decreased) for the Market Value Adjustment. The Market Value Adjustment is calculated separately for each Allocation Option and Risk Control Account. On any given Business Day it is calculated using the following formula: MVA = W x (MVAF – 1) Where W = amount of withdrawal that is in excess of the Annual Free Withdrawal Amount for that Contract Year. MVAF = ((1 + I + K)/(1 + J + L))^N I = The applicable rate for Market Value Adjustment Index 1 (shown in Section 1.06) as of the Allocation Option Start Date for a maturity consistent with the Allocation Option Period. J = The applicable rate for Market Value Adjustment Index 1 (shown in Section 1.06) as of the date of withdrawal for a maturity consistent with the remaining number of years (whole and partial) in the Allocation Option Period. K = The applicable rate for Market Value Adjustment Index 2 (shown in Section 1.06) as of the Allocation Option Start Date. L = The applicable rate for Market Value Adjustment Index 2 (shown in Section 1.06) as of the date of withdrawal. N = The number of years (whole and partial) from the date of withdrawal until the Allocation Option Maturity Date. If there is no corresponding length of the Market Value Adjustment Index 1, then the linear interpolation of the Index with maturities closest to N will be effective on used to determine I and J. 10.08 What happens if any of the Valuation Date Market Value Adjustment Indices are discontinued? If the publication of any component of the Market Value Adjustment Indices is discontinued or if the calculation of the Market Value Adjustment Indices is changed substantially, we may substitute for the discontinued or substantially changed element subject to any applicable regulatory approval that LNY receives Notice to withdrawmay be required. The Notice must specify from which Variable Subaccount and/or any Fixed Account Before a substitute Index is used, we will notify you of the withdrawal substitution. Any change we make will be made. If no allocation is specified, LNY will withdraw the amount requested on a pronon-rata basis from each Variable Subaccount and/or discriminatory basis. 10.09 Are there any Fixed Account. Upon receipt of Notice of withdrawalrestrictions on when you may receive values provided under the contract? Generally, LNY will pay the amount of any partial withdrawal or full surrender will be paid to you within seven days after we receive your Authorized Request for withdrawal in Good Order. Death benefit proceeds are payable as described in Section 12.03. Subject to obtaining prior written approval by the state commissioner if required by state law, we reserve the right to postpone payment of any partial withdrawal or full surrender for up to six months after we receive your Authorized Request. In the event of postponement, we will pay interest on the proceeds if required by state law. Interest will be calculated at the effective annual rate and for the time period as required under state law. 10.10 What is the Bailout Provision? If the Index Rate Cap for a Risk Control Account is set below the Bailout Rate for that Risk Control Account, you may withdraw the Contract Value from that Risk Control Account during the 30-day period following the Contract Anniversary by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is receivedAuthorized Request. A partial Surrender Charge and Market Value Adjustment will not apply to such withdrawal. Your Authorized Request to withdraw the Risk Control Account Value must be received in Good Order during this 30-day period. If the request is not received during this 30-day period or the request is not in Good Order, no withdrawal will result in a proportional reduction in occur. At any Death Benefit payable under time while the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request Index Rate Cap for a withdrawal from a Fixed Subaccount Risk Control Account is received during less than the 45 but not more than 75 day period immediately preceding the Expiration Date of Bailout Rate shown in Section 1.06, we may at our own discretion restrict allocations into that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedRisk Control Account.

Withdrawals. The Owner During the Accumulation Period, you may, upon Notice to LNYa request in Good Order, withdraw make a part total or partial withdrawal of the surrender value of this Contract at any time prior to Surrender Value. You may specify the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A Allocation Option(s) from which a withdrawal will be effective on the Valuation Date that LNY receives Notice to withdrawtaken. The Notice must specify from which Variable Subaccount and/or any Fixed Account If you do not so specify, we will take the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Accountall Allocation Option(s) to which your Contract Value is allocated. Upon receipt of Notice of withdrawal, LNY We will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission 7 days of receipt of request in Good Order unless the "Suspension or Deferral of Payments or Transfers provision (Article 10) Provision" is in effect. Xxxxxxxxxxx If we postpone payment of a withdrawal for more than 7 days after we receive your withdrawal request, we will pay interest. The interest will be accomplished calculated daily from the date we receive your request, at Accumulation Unit values as the rate of interest we currently pay on amounts under the Interest Payment Settlement Option. No interest will be paid if the amount of interest calculated is less than $25. Each partial withdrawal must be for an amount which is not less than the amount shown on the Contract Data pages. The minimum Contract Value which must remain in the Contract after a partial withdrawal in order to keep the Contract in force is shown on the Contract Data pages. If the amount of the Valuation Date withdrawal requested would reduce the Notice Contract Value below this minimum, we will give you the maximum amount available that would not reduce the Contract Value below such minimum. Special rules may apply for withdrawal is receivedIRA's. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under DEATH BENEFIT DEATH OF LAST SURVIVOR OF OWNER OR JOINT OWNER DURING THE ACCUMULATION PERIOD: If the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date sole or last survivor of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received Owner or Joint Owner dies during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Accumulation Period, the withdrawal death benefit will be effective as described below. On or prior to the Contract Anniversary coinciding with or next following the 80th birthday of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requestedsole or older of the Owner or Joint Owner, upon receipt of due proof of death and any other documentation we request in Good Order, the withdrawal will occur on Beneficiary is entitled to receive a death benefit equal to the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is received.greater of:

Withdrawals. The Owner mayUpon Written Request on or after the first policy anniversary while the Policy is In Force, upon Notice to LNY, you may withdraw a part portion of the surrender value Net Cash Surrender Value of this Contract at any time prior to policy. We will deduct a withdrawal fee of $25 from the earlier of: Accumulated Value for each withdrawal. There is no Surrender Charge imposed for a Withdrawal, even if the Annuity Commencement Date, termination Face Amount is reduced as a result of this Contract upon payment of any Death Benefit, or surrender of this Contractthe Withdrawal. Withdrawals will be subject to the following conditions: • the amount of each withdrawal must be at least $200; • the Net Cash Surrender Value remaining after each withdrawal must be at least $500; • if there is any Policy Debt at the time of each withdrawal, the amount of the withdrawal is limited to the excess, if any, of the Cash Surrender Value immediately prior to the withdrawal over the result of the Policy Debt divided by 90%; and surrender requirements as shown on the Contract Specifications. A • unless you request otherwise, no withdrawal will be effective on processed if the Valuation Date withdrawal would cause the policy to become a Modified Endowment Contract. We reserve the right to disallow any withdrawal that LNY receives Notice would result in the Face Amount remaining after the withdrawal to withdrawbe less than $50,000. The Notice must specify from which Variable Subaccount and/or any Fixed Account amount of each withdrawal, and its associated withdrawal fee, will be allocated proportionately to the Accumulated Value in the Investment Options unless you request otherwise. If the Insured dies after the request for a withdrawal is sent to us and prior to the withdrawal being effected, the amount of the withdrawal will be madededucted from the Death Benefit Proceeds, which will be determined without taking the withdrawal into account. If no allocation is specifiedBecause a withdrawal will reduce the Accumulated Value, LNY and because the Death Benefit may depend on the Accumulated Value (see the Death Benefit section for details), a withdrawal may reduce the Death Benefit. A withdrawal may also reduce the Face Amount, but only for policies having Death Benefit Option A. In such case, a withdrawal in excess of the Death Benefit less the Face Amount will withdraw reduce the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay Face Amount by the amount of any the excess. However, for the first such withdrawal within in each of the time period as required by first 15 policy years, the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx Face Amount will be accomplished at Accumulation Unit values as reduced only to the extent that the withdrawal exceeds 10% of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedpremiums paid.

Withdrawals. The Owner mayAny time before the Annuity Date, upon Notice you may make a complete or partial withdrawal of your Contract Value. We will send you the requested withdrawal amount less any applicable Surrender Charge and taxes withheld. You must send us written instructions from all the Owners to LNY, withdraw make a part complete withdrawal. Your Contract will terminate once a complete withdrawal has been processed unless your Contract Value is less than the Guaranteed Withdrawal Benefit Amount at the time of the surrender withdrawal. If you request a partial withdrawal, you may choose the dollar amount or percentage to be withdrawn from each Investment Option. You may tell us where to take the money for a partial withdrawal. If you do not we will take it proportionately from all the Investment Options. Partial withdrawals before the youngest Annuitant reaches age 59½ or withdrawals that exceed the Guaranteed Withdrawal Benefit Amount allowed under the Guaranteed Withdrawal Benefit For Life feature may significantly impact the Guaranteed Withdrawal Benefit Amount by proportionally reducing the value of this Contract at any time prior upon which the benefit is determined. You may request partial withdrawals by providing instructions to the earlier of: Annuity Service Center. For jointly owned Contracts, all checks will be made payable to both Owners. You may have the money transferred to your Fidelity Investments brokerage or mutual fund account. You may have the money transferred to your bank account if you have previously provided us with the necessary information about the account in connection with participation in the Systematic Withdrawal program. We will normally pay you the net amount of any complete or partial withdrawal within seven days after we receive the withdrawal request at the Annuity Commencement Date, termination Service Center. The net amount is the amount of this Contract upon the withdrawal less any applicable Surrender Charge and taxes withheld. We may defer payment from the Investment Options for longer than seven days under certain limited circumstances described in the Postponement of any Death Benefit, or surrender Payment provision of this Contract. Withdrawals Guaranteed Withdrawal Benefit For Life When the youngest Annuitant reaches age 59 1/2, you are eligible to withdraw a specific amount each Contract Year called the Guaranteed Withdrawal Benefit Amount ("GWB Amount"). The GWB Amount, described below, is available for withdrawal each Contract Year during the Annuitant(s)' lifetime regardless of the amount in your Contract Value. You may make partial withdrawals up to the GWB Amount during the Contract Year. You are not required to make any withdrawals. However, unused portions of the GWB Amount are not cumulative and do not carry over into future Contract Years. The GWB Amount is determined each Contract Year by multiplying the Guaranteed Withdrawal Benefit Value ("GWB Value"), described below, by the Withdrawal Percentage, also described below. For Contracts not owned by a trust, Owner(s) must be Annuitant(s). In the case of a trust owned Contract, the grantor of the trust must be an Annuitant. The grantor's spouse may also be named as a joint Annuitant at time of application. No benefit is payable until the youngest Annuitant reaches age 59 1/2. The Annuitant(s) will be subject to the withdrawal and surrender requirements as shown on the Contract's Schedule page. The Annuitant(s) may not be changed after the Contract SpecificationsDate. A GWB Amount Your first withdrawal after the youngest Annuitant reaches age 59 1/2 will establish a Withdrawal Percentage from the table shown below. The initial GWB Amount is determined by multiplying the applicable Withdrawal Percentage by the GWB Value. Once the GWB Amount is determined for a Contract Year, it will not change for the rest of that Contract Year. On each subsequent Contract Anniversary, the GWB Amount may change as described below. Before the youngest Annuitant reaches the age of 59 1/2, the GWB Amount is zero. Once the youngest Annuitant reaches age 59 1/2, your first withdrawal will be effective establish a Withdrawal Percentage that will never change. If the Contract has two Annuitants on the Valuation Contract Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account and one Annuitant dies before a Withdrawal Percentage is determined, the withdrawal age of the surviving Annuitant will be madeused to determine the applicable Withdrawal Percentage from the Two Annuitants Withdrawal Percentages column shown in the table below. If no allocation is specifiedyou delay taking a first withdrawal until the youngest Annuitant reaches one of the older ages shown below, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx Withdrawal Percentage shown for that older age will be accomplished at Accumulation Unit values as used to determine the GWB Amount each Contract Year for the duration of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from If you never take a Fixed Subaccount withdrawal before the latest possible Annuity Date, the Withdrawal Percentage shown for ages 80 and older will be subject used to an Interest Adjustment unless the withdrawal is effective establish your eligible GWB Amount on the Expiration Date latest possible Annuity Date. Youngest Xxxxxxxxx's Age at First Withdrawal One Annuitant Withdrawal Percentage \\\\\\\\\\\\\\\\\\\ Two Annuitants Withdrawal Percentage 591/2 -64 5% 4.5% 65-69 5% 5% 70-79 6% 5.5% 80 and older 7% 6.5% For example, assume there are two Annuitants. Once the youngest Annuitant reaches age 59½, you are eligible to make a withdrawal of the Guaranteed PeriodGWB Amount using a Withdrawal Percentage of 4.5%. If a request for you make a withdrawal from a Fixed Subaccount while the youngest Annuitant is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period62, the withdrawal will be effective as considered the first withdrawal and the Withdrawal Percentage of 4.5% will be used to determine the GWB Amount each Contract Year for the duration of the Expiration Contract. However, if you choose to wait until the youngest Annuitant turns age 65 to make the first withdrawal, the Withdrawal Percentage of 5% will be used to determine the GWB Amount each Contract Year for the duration of the Contract. On each Contract Anniversary, a new GWB Amount will be calculated by multiplying the Withdrawal Percentage established by your first withdrawal after the youngest Annuitant reaches age 59 1/2 by the GWB Value on that same Contract Anniversary. Generally, your new GWB Amount will be equal to or greater than the first GWB Amount established following the first withdrawal after the youngest Annuitant reached 59 1/2 as long as total withdrawals in any Contract Year do not exceed the GWB Amount for that same Contract Year. Each time you make a withdrawal, your Contract Value will be reduced by the amount of the withdrawal. However, if total withdrawals in any Contract Year exceed the GWB Amount for that same Contract Year, there will be a proportionate reduction in your GWB Value as described below which may result in a lower GWB Amount in future Contract Years. GWB Value The Contract has two related values; a Contract Value and a GWB Value. The Contract Value is determined by the method described in the Accumulation Units and Accumulation Unit Value provision of this Contract. The GWB Value is a value that is used to determine the GWB Amount each Contract Year once you make your first withdrawal after the youngest Annuitant reaches age 59 1/2. Your Contract will also have a GWB Value before the date the youngest Annuitant reaches age 59 1/2, and during that time the GWB Value may increase or decrease as described below. The GWB Value on the Contract Date unless an immediate withdrawal is requestedequal to the Purchase Payment. If an immediate withdrawal is requestedyou make withdrawals before the youngest Annuitant reaches age 59 1/2 the GWB Value will be reduced as described below in the Withdrawals Before Youngest Annuitant Reaches Age 59 1/2 provision of this Contract. If you make withdrawals after the youngest Annuitant reaches age 59 1/2 and the total withdrawals in a Contract Year are greater than the GWB Amount for that Contract Year, then the GWB Value will be reduced as described in the Withdrawals in Excess of Annual GWB Amount provision of this Contract. On each Contract Anniversary prior to the oldest Annuitant turning age 85, the GWB Value is compared to the Contract Value to determine whether the GWB Value should be increased. If the Contract has joint Annuitants and the oldest Annuitant dies before the Contract Anniversary that falls on or after his or her 85th birthday, the surviving Annuitant's age will be used. If the oldest Annuitant dies on or after the Contract Anniversary that falls on or after his or her 85th birthday, the GWB Value is not compared to the Contract Value and will not increase. If the Contract Value is lower than the GWB Value, the GWB Value will not change. If the Contract Value is greater than the GWB Value, the GWB Value will be automatically increased to equal the Contract Value. If you make a withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day periodContract Anniversary, the withdrawal will be accomplished deducted from the Contract Value after it is compared to the GWB Value. Any new GWB Value will be used to determine the GWB Amount for the rest of that Contract Year once the youngest Annuitant has reached age 59 1/2 and a Withdrawal Percentage has been established by your first withdrawal of a GWB Amount. If you make any withdrawals before you are eligible to withdraw a GWB Amount or if you make total withdrawals in a Contract Year that exceed the GWB Amount for that Contract Year, the GWB Value will decrease as described below. Withdrawals Before Youngest Annuitant Reaches Age 59 1/2 You are not eligible to withdraw any part of the Valuation Date GWB Amount until the Notice for youngest Annuitant reaches age 59 1/2. If you make a withdrawal before the youngest Annuitant reaches age 59 1/2, the GWB Value is receivedreduced by a percentage determined by dividing the Gross Withdrawal amount by the Contract Value at time of the withdrawal. We calculate the new GWB Value as follows.

Withdrawals. The Owner mayUpon Written Request on or after the first Policy anniversary and until the Monthly Deduction End Date, upon Notice to LNY, you may withdraw a part portion of the surrender value Accumulated Value of this Contract at any time prior to Policy as described in Withdrawal Conditions in the earlier of: Policy Specifications. There is no Surrender Charge imposed for a withdrawal, even if the Annuity Commencement Date, termination Total Face Amount is reduced as a result of this Contract upon payment of any Death Benefit, or surrender of this Contractthe withdrawal. Withdrawals will be subject to the withdrawal and surrender requirements as Withdrawal Conditions shown on the Contract in your Policy Specifications. A withdrawal Withdrawals will be effective on deducted from the Valuation Date that LNY receives Notice to withdrawAccumulated Value. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specifiedWhen you take a Withdrawal, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of the withdrawal and any withdrawal within fee is deducted from the time period Policy’s Investment Options. Unless you provide otherwise, any such deduction will be deducted from the Accumulated Value as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) an Account Deduction. When Death Benefit Option A is in effect. Xxxxxxxxxxx , a requested withdrawal may increase the Net Amount at Risk, in which case, we will decrease the Face Amount as follows: During the first 15 Policy years, but only in the case of the first ICC19 P19VUL Page [20] withdrawal of a given Policy year, the Face Amount will be accomplished at Accumulation Unit values as decreased only to the extent that the withdrawal exceeds the lesser of $10,000 or 10% of the Valuation Date Accumulated Value less any Maximum Surrender Charge and Policy Debt. If the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Total Face Amount due to a requested withdrawal would cause the Policy to become a Modified Endowment Contract, we will not process your withdrawal request unless and until we receive your Written Request to have your Policy classified as a Modified Endowment Contract in accordance with the Modified Endowment Contract Tax Status section of this Policy. If Death Benefit payable under Option B is in effect at the Contract. Withdrawals from time of a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Periodwithdrawal, the withdrawal will be effective as not reduce the Total Face Amount, but it will reduce the Accumulated Value, which has the effect of reducing the Expiration Date unless an immediate withdrawal is requestedDeath Benefit (see the Death Benefit section for details). If an immediate withdrawal Death Benefit Option C is requestedin effect at the time of a withdrawal, the withdrawal will occur on not reduce the Valuation Date Total Face Amount, but it will increase the Notice sum of the withdrawals, which has the effect of reducing the Death Benefit (see the Death Benefit section for a withdrawal is receiveddetails). If a Notice the Insured dies after the request for a withdrawal is received at any time other than during by us and prior to the 45 but not more than 75 day periodwithdrawal being processed, the withdrawal withdrawal, if allowed under this provision, will be accomplished as of processed and paid to the Valuation Date Owner, or to the Notice for a withdrawal is receivedOwner’s estate before the Death Benefit Proceeds are determined and paid to the beneficiary.

Withdrawals. The Owner mayAny time before the Annuity Date, upon Notice you may make a complete or partial withdrawal of your Contract Value. We will send you the requested withdrawal amount less any applicable Surrender Charge and taxes withheld. You must send us written instructions from all the Owners to LNY, withdraw make a part complete withdrawal. Your Contract will terminate once a complete withdrawal has been processed unless your Contract Value is less than the Guaranteed Withdrawal Benefit Amount at the time of the surrender withdrawal. If you request a partial withdrawal, you may choose the dollar amount or percentage to be withdrawn from each Investment Option. You may tell us where to take the money for a partial withdrawal. If you do not we will take it proportionately from all the Investment Options. Partial withdrawals before the youngest Annuitant reaches age 59 1/2 or withdrawals that exceed the Guaranteed Withdrawal Benefit Amount allowed under the Guaranteed Withdrawal Benefit For Life feature may significantly impact the Guaranteed Withdrawal Benefit Amount by proportionally reducing the value of this Contract at any time prior upon which the benefit is determined. You may request partial withdrawals by using our internet website, sending a letter to the earlier ofAnnuity Service Center or calling us there. Withdrawals by telephone or internet are limited as follows: (1) no withdrawal may be for more than $100,000; (2) total telephone withdrawals in a seven day period cannot total more than $100,000; and (3) if we have recorded an address change for an Owner during the past 15 days, the limits in (1) and (2) become $10,000. We reserve the right to change telephone and internet withdrawal requirements or limitations. For jointly owned Contracts, all checks will be made payable to both Owners. You may have the money transferred to your Fidelity Investments brokerage or mutual fund account. You may have the money transferred to your bank account if you have previously provided us with the necessary information about the account in connection with participation in the Systematic Withdrawal program. We will normally pay you the net amount of any complete or partial withdrawal within seven days after we receive the withdrawal request at the Annuity Commencement Date, termination Service Center. The net amount is the amount of this Contract upon the withdrawal less any applicable Surrender Charge and taxes withheld. We may defer payment from the Investment Options for longer than seven days under certain limited circumstances described in the Postponement of any Death Benefit, or surrender Payment provision of this Contract. Withdrawals Guaranteed Withdrawal Benefit For Life When the youngest Annuitant reaches age 59 1/2, you are eligible to withdraw a specific amount each Contract Year called the Guaranteed Withdrawal Benefit Amount ("GWB Amount"). The GWB Amount, described below, is available for withdrawal each Contract Year during the Annuitant(s)' lifetime regardless of the amount in your Contract Value. You may make partial withdrawals up to the GWB Amount during the Contract Year. You are not required to make any withdrawals. However, unused portions of the GWB Amount are not cumulative and do not carry over into future Contract Years. The GWB Amount is determined each Contract Year by multiplying the Guaranteed Withdrawal Benefit Value ("GWB Value"), described below, by the Withdrawal Percentage, also described below. For Contracts not owned by a trust, Owner(s) must be Annuitant(s). In the case of a trust owned Contract, the grantor of the trust must be an Annuitant. The grantor's spouse may also be named as a joint Annuitant at time of application. No benefit is payable until the youngest Annuitant reaches age 59 1/2. The Annuitant(s) will be subject to the withdrawal and surrender requirements as shown on the Contract's Schedule page. The Annuitant(s) may not be changed after the Contract SpecificationsDate. A GWB Amount Your first withdrawal after the youngest Annuitant reaches age 59 1/2 will establish a Withdrawal Percentage from the table shown below. The initial GWB Amount is determined by multiplying the applicable Withdrawal Percentage by the GWB Value. Once the GWB Amount is determined for a Contract Year, it will not change for the rest of that Contract Year. On each subsequent Contract Anniversary, the GWB Amount may change as described below. Before the youngest Annuitant reaches the age of 59 1/2, the GWB Amount is zero. Once the youngest Annuitant reaches age 59 1/2, your first withdrawal will be effective establish a Withdrawal Percentage that will never change. If the Contract has two Annuitants on the Valuation Contract Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account and one Annuitant dies before a Withdrawal Percentage is determined, the withdrawal age of the surviving Annuitant will be madeused to determine the applicable Withdrawal Percentage from the Two Annuitants Withdrawal Percentages column shown in the table below. If no allocation is specifiedyou delay taking a first withdrawal until the youngest Annuitant reaches one of the older ages shown below, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx Withdrawal Percentage shown for that older age will be accomplished at Accumulation Unit values as used to determine the GWB Amount each Contract Year for the duration of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from If you never take a Fixed Subaccount withdrawal before the latest possible Annuity Date, the Withdrawal Percentage shown for ages 80 and older will be subject used to an Interest Adjustment unless the withdrawal is effective establish your eligible GWB Amount on the Expiration Date latest possible Annuity Date. Youngest Xxxxxxxxx's Age at First Withdrawal 591/2 -64 5% 4.5% 65-69 5% 5% 70-79 6% 5.5% 80 and older 7% 6.5% For example, assume there are two Annuitants. Once the youngest Annuitant reaches age 59 1/2, you are eligible to make a withdrawal of the Guaranteed PeriodGWB Amount using a Withdrawal Percentage of 4.5%. If a request for you make a withdrawal from a Fixed Subaccount while the youngest Annuitant is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period62, the withdrawal will be effective as considered the first withdrawal and the Withdrawal Percentage of 4.5% will be used to determine the GWB Amount each Contract Year for the duration of the Expiration Contract. However, if you choose to wait until the youngest Annuitant turns age 65 to make the first withdrawal, the Withdrawal Percentage of 5% will be used to determine the GWB Amount each Contract Year for the duration of the Contract. On each Contract Anniversary, a new GWB Amount will be calculated by multiplying the Withdrawal Percentage established by your first withdrawal after the youngest Annuitant reaches age 59 1/2 by the GWB Value on that same Contract Anniversary. Generally, your new GWB Amount will be equal to or greater than the first GWB Amount established following the first withdrawal after the youngest Annuitant reached 59 1/2 as long as total withdrawals in any Contract Year do not exceed the GWB Amount for that same Contract Year. Each time you make a withdrawal, your Contract Value will be reduced by the amount of the withdrawal. However, if total withdrawals in any Contract Year exceed the GWB Amount for that same Contract Year, there will be a proportionate reduction in your GWB Value as described below which may result in a lower GWB Amount in future Contract Years. GWB Value The Contract has two related values; a Contract Value and a GWB Value. The Contract Value is determined by the method described in the Accumulation Units and Accumulation Unit Value provision of this Contract. The GWB Value is a value that is used to determine the GWB Amount each Contract Year once you make your first withdrawal after the youngest Annuitant reaches age 59 1/2. Your Contract will also have a GWB Value before the date the youngest Annuitant reaches age 59 1/2, and during that time the GWB Value may increase or decrease as described below. The GWB Value on the Contract Date unless an immediate withdrawal is requestedequal to the Purchase Payment. If an immediate withdrawal is requestedyou make withdrawals before the youngest Annuitant reaches age 59 1/2 the GWB Value will be reduced as described below in the Withdrawals Before Youngest Annuitant Reaches Age 59 1/2 provision of this Contract. If you make withdrawals after the youngest Annuitant reaches age 59 1/2 and the total withdrawals in a Contract Year are greater than the GWB Amount for that Contract Year, then the GWB Value will be reduced as described in the Withdrawals in Excess of Annual GWB Amount provision of this Contract. On each Contract Anniversary prior to the oldest Annuitant turning age 85, the GWB Value is compared to the Contract Value to determine whether the GWB Value should be increased. If the Contract has joint Annuitants and the oldest Annuitant dies before the Contract Anniversary that falls on or after his or her 85th birthday, the surviving Annuitant's age will be used. If the oldest Annuitant dies on or after the Contract Anniversary that falls on or after his or her 85th birthday, the GWB Value is not compared to the Contract Value and will not increase. If the Contract Value is lower than the GWB Value, the GWB Value will not change. If the Contract Value is greater than the GWB Value, the GWB Value will be automatically increased to equal the Contract Value. If you make a withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day periodContract Anniversary, the withdrawal will be accomplished deducted from the Contract Value after it is compared to the GWB Value. Any new GWB Value will be used to determine the GWB Amount for the rest of that Contract Year once the youngest Annuitant has reached age 59 1/2 and a Withdrawal Percentage has been established by your first withdrawal of a GWB Amount. If you make any withdrawals before you are eligible to withdraw a GWB Amount or if you make total withdrawals in a Contract Year that exceed the GWB Amount for that Contract Year, the GWB Value will decrease as described below. Withdrawals Before Youngest Annuitant Reaches Age 59 1/2 You are not eligible to withdraw any part of the Valuation Date GWB Amount until the Notice for youngest Annuitant reaches age 59 1/2. If you make a withdrawal before the youngest Annuitant reaches age 59 1/2, the GWB Value is receivedreduced by a percentage determined by dividing the Gross Withdrawal amount by the Contract Value at time of the withdrawal. We calculate the new GWB Value as follows.

Withdrawals. The Owner may, upon Notice to LNY, withdraw a part of the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will your Account may be subject to an Interest Adjustment unless the withdrawal is effective made on the Expiration Date of the Guaranteed Periodany Business Day. If a You may request for a withdrawal from a Fixed Subaccount is received during your Account by accessing our website at xxx.xxxxxxxxxxx.xxx and following the 45 but not more than 75 day period immediately preceding directions under the Expiration Date of that Guaranteed Periodsection entitled “Account Withdrawals.” If you satisfactorily complete your withdrawal request by 3:00 p.m. (Eastern Time) on any Business Day, the withdrawal request should, under normal conditions, be initiated and processed via transfer at the Insured Depositories on such day. Your Account will usually be credited with the withdrawal proceeds by the next Business Day. Thereafter, the Account Custodian will return the funds in your Account to the account designated by you. Please reference Section 10 for additional detail on the Account’s Days of Operation. If your withdrawal request is completed after 3:00 p.m. (Eastern Time) on any Business Day, then it will be effective as initiated and processed by 3:00 p.m. (Eastern Time) on the following Business Day and then your Account will be credited with the withdrawal proceeds on the day subsequent to the following Business Day. If you decide to close your Account or request a complete withdrawal, you may have to wait a period of time for all of the Expiration Date unless an immediate interest to be posted to your Account since interest can only be credited to your Account once interest is credited by the Insured Depositories to the Depository Accounts. Because Insured Depositories do not generally post interest to a Depository Account on a same day basis, there may be a delay between the date of your withdrawal is requestedrequest and the date on which you receive all of the interest that accrued in the Depository Accounts to the effective date of your withdrawal. If an immediate withdrawal is requested, StoneCastle and the withdrawal will occur on Account Custodian reserve the Valuation Date the Notice for right to take reasonable measures to verify a withdrawal is receivedrequest, and StoneCastle and the Account Custodian will not be held liable for any delays caused by such verification measures. If a Notice for a In the case of partial withdrawals from your Account, StoneCastle will determine from which Insured Depositories your withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal request will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedprocessed.

Withdrawals. a. No Plan Sponsor-directed withdrawal by a Participating Plan from a Fund shall be permitted unless a prior written notice of intention to make such withdrawal shall have been given to the Trustee within such time period as the Trustee may establish from time to time. Unless the Plan Sponsor specifies a particular Valuation Date as the effective date for the withdrawal, the withdrawal shall occur at the next Valuation Date after the notice is received. The Owner may, upon Notice Plan Sponsor may by notice to LNY, withdraw a part of the surrender value of this Contract Trustee cancel such withdrawal request at any time prior up to the earlier of: the Annuity Commencement Date, termination Valuation Date as of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to which the withdrawal and surrender requirements as shown on the Contract Specificationsis to be effected. A withdrawal will request may not be effective changed or cancelled after the Valuation Date as of which the withdrawal is to be effected. Such withdrawal shall be made pro rata from the Participating Plan's interest in such Fund. b. Upon the withdrawal of a Participating Plan's interest in a Fund, there shall be paid or transferred out of the respective Fund an amount equal to the value, as determined pursuant to this Trust, of the Participating Plan's interest or part thereof withdrawn on the date such withdrawal is effective. The Trustee may, however, withhold and retain from the value of such interest or part thereof such amount as represents income accrued thereon but not actually collected by the Trustee as of the date of such withdrawal. In such event, the accrued income shall be distributed to the Participating Plan when the Trustee actually collects such income. c. In the event that any income accrued but not actually collected by the Trustee shall be distributed to a Participating Plan upon a withdrawal from a Fund, and thereafter such accrued income is not actually collected by the Trustee in whole or in part when it should have been, the Trustee shall have the right at any time thereafter to charge to and recover from such Participating Plan, or the participants thereof, the amount of such accrued income so distributed but not actually collected. d. In general, all income earned by the Trust or a Fund after expenses shall be added to the principal of the Trust or Fund and invested and reinvested as a part thereof. The Trustee, in its discretion and upon consultation with the Investment Adviser, may at any time make a distribution to the Participating Plans. Any such distribution shall be distributed in cash or in kind or partly in cash and partly in kind, as the Trustee in its sole discretion shall determine. e. Notwithstanding the foregoing, if the total withdrawals from a Fund for all Participating Plan requests as of any Valuation Date exceed uncommitted cash and the liquid investments available on that Valuation Date, the Trustee shall make payments to the Participating Plans requesting withdrawals from the Fund involved based on the following priorities: (i) requests for withdrawals in order to pay benefits from Participating Plans; (ii) requests for withdrawals to effect transfers to other investments directed by participants in Participating Plans; and (iii) all other requests for withdrawals. Such withdrawal requests shall be honored on a pro rata basis on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested and on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the succeeding Valuation Date the Notice until all requests for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedhave been satisfied.

Withdrawals. No Plan Sponsor-directed withdrawal by a Participating Plan from a Fund shall be permitted unless a prior written notice of intention to make such withdrawal shall have been given to the Trustee within such time period as the Trustee may establish from time to time. Unless the Plan Sponsor specifies a particular Valuation Date as the effective date for the withdrawal, the withdrawal shall occur at the next Valuation Date after the notice is received. The Owner may, upon Notice Plan Sponsor may by notice to LNY, withdraw a part of the surrender value of this Contract Trustee cancel such withdrawal request at any time prior up to the earlier of: the Annuity Commencement Date, termination Valuation Date as of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to which the withdrawal and surrender requirements as shown on the Contract Specificationsis to be effected. A withdrawal will request may not be effective changed or cancelled after the Valuation Date as of which the withdrawal is to be effected. Such withdrawal shall be made pro rata from the Participating Plan's interest in such Fund. Upon the withdrawal of a Participating Plan's interest in a Fund, there shall be paid or transferred out of the respective Fund an amount equal to the value, as determined pursuant to this Trust, of the Participating Plan's interest or part thereof withdrawn on the date such withdrawal is effective. The Trustee may, however, withhold and retain from the value of such interest or part thereof such amount as represents income accrued thereon but not actually collected by the Trustee as of the date of such withdrawal. In such event, the accrued income shall be distributed to the Participating Plan when the Trustee actually collects such income. In the event that any income accrued but not actually collected by the Trustee shall be distributed to a Participating Plan upon a withdrawal from a Fund, and thereafter such accrued income is not actually collected by the Trustee in whole or in part when it should have been, the Trustee shall have the right at any time thereafter to charge to and recover from such Participating Plan, or the participants thereof, the amount of such accrued income so distributed but not actually collected. In general, all income earned by the Trust or a Fund after expenses shall be added to the principal of the Trust or Fund and invested and reinvested as a part thereof. The Trustee, in its discretion and upon consultation with the Investment Adviser, may at any time make a distribution to the Participating Plans. Any such distribution shall be distributed in cash or in kind or partly in cash and partly in kind, as the Trustee in its sole discretion shall determine. Notwithstanding the foregoing, if the total withdrawals from a Fund for all Participating Plan requests as of any Valuation Date exceed uncommitted cash and the liquid investments available on that Valuation Date, the Trustee shall make payments to the Participating Plans requesting withdrawals from the Fund involved based on the following priorities: (i) requests for withdrawals in order to pay benefits from Participating Plans; (ii) requests for withdrawals to effect transfers to other investments directed by participants in Participating Plans; and (iii) all other requests for withdrawals. Such withdrawal requests shall be honored on a pro rata basis on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested and on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the succeeding Valuation Date the Notice until all requests for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedhave been satisfied.

Withdrawals. The Owner may, upon Notice to LNY, withdraw may make a part of withdrawal from the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractPolicy Value. Withdrawals after the Insured’s 121st birthday are permitted. The Company reserves the right to charge for withdrawals. This charge will be subject to deducted from the Contract Fund Value and will not exceed the maximum charge for a withdrawal and surrender requirements as shown on the Contract SpecificationsPolicy Schedule Pages (page 4). A However, the Owner may not: · withdraw an amount which would reduce the Cash Surrender Value to less than three times the most recent Monthly Policy Charge; · withdraw less than the minimum withdrawal will be effective amount shown on the Policy Schedule Pages (page 3); · make more than four withdrawals in a Policy year; or · for a Policy with Death Benefit Option A, withdraw an amount which would reduce the Specified Amount to less than the minimum Specified Amount that the Company would require for issuance of a policy at the time of withdrawal, unless this Policy is in force under the Paid-up Option (Section 10). On the Valuation Date that LNY receives Notice to withdraw. The Notice must specify on which a withdrawal from which Variable Subaccount and/or any Fixed Account the withdrawal Policy Value is made, the Contract Fund Value will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay reduced by the amount of any the withdrawal, but if the date of a withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the not a Valuation Date then the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the next Valuation Date Date. The reduction will be deducted proportionately from the Notice for a Divisions. If the Death Benefit Option in effect at the time of withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day periodOption A, the withdrawal Specified Amount will be accomplished as reduced. The amount of the Valuation Date reduction, unless this Policy is in force under the Notice for a Paid-up Option (Section 10), is the withdrawal amount less the excess, if any, of (a) over (b) where: (a) equals the Policy Value immediately before the withdrawal; and (b) equals the Specified Amount divided by the Minimum Death Benefit Percentage, shown on the Policy Schedule Pages (page 6), applicable at the time of the withdrawal. The reduction is receivednot to be less than zero.

Withdrawals. The Owner may, upon Notice to LNY, You may withdraw a part or all of the surrender value of this Contract Account Value at any time before the earlier of the death of an Owner or Annuitant if the Owner is a non natural person or the Maturity Date by sending us a notice in writing. We will not defer payment more than six months beyond the date we receive such notice. If we defer payment for more than 30 days, the amount deferred will earn interest at a rate not less than the minimum required by law. FREE WITHDRAWAL AMOUNT The Free Withdrawal Amount will equal the greater of a) the annual Required Minimum Distribution amount for Owners of Qualified Contracts aged 70 1/2 or more or b) the amount of any interest credited to the Account Value during the 12 months prior to the earlier of: date of your request, less any Gross Withdrawal Amount(s) taken during this 12 month period. 30 DAY WINDOW We will not apply a Market Value Adjustment factor or assess Withdrawal Charges if you request a withdrawal or annuitize any amount during the Annuity Commencement 30 day period after the expiration of any Term. We must receive your written request for withdrawal after the end of a Term and during the 30 day period following the end of that Term. WITHDRAWAL CHARGE If a withdrawal is made from the Contract prior to the Maturity Date, termination a Withdrawal Charge may be assessed against the portion of this Contract upon payment the Account Value being withdrawn. The amount of any Death Benefit, or surrender the Withdrawal Charge and when it is assessed is discussed below 1) The Free Withdrawal Amount is defined above and may be withdrawn free of this Contract. Withdrawals a Withdrawal Charge and is not subject to a Market Value Adjustment. 2) Any amounts withdrawn in excess of the Free Withdrawal Amount will be subject to a Withdrawal Charge, if any. The Withdrawal Charge is determined by multiplying the Gross Withdrawal Amount less any annual administration fee and Free Withdrawal Amount by the applicable Withdrawal Charge percentage shown on the Specifications Page. 3) No Withdrawal Charge will apply to withdrawals made at the end of a Term as described in “Part 5: Initial Term and Subsequent Term”. A request for withdrawal at the end of a Term must be received in writing during the 30 day period immediately following the end of that Term in order to avoid the application of a Withdrawal Charge. TOTAL WITHDRAWAL Upon receipt of your request to withdraw all of your Account Value, we will terminate the Contract and surrender requirements we will pay you the following amount: F + [(A-F) x Z] – [(A-F) x W], WHERE: F = the Free Withdrawal Amount; A = the Account Value, reduced by any applicable Annual Fee; Z = the Market Value Adjustment Factor, as shown on the Contract SpecificationsSpecifications Page; W = the Withdrawal Charge Percentage. A withdrawal PARTIAL WITHDRAWAL(S) You may withdraw less than your entire Account Value. However, requests for amounts in excess of the Free Withdrawal Amount are subject to a Withdrawal Charge, a Market Value Adjustment and will be effective determined using the following calculation: F + [(G -F) x Z] – [(G-F) x W], where: F = the Free Withdrawal Amount; G = the Gross Withdrawal Amount; Z = the Market Value Adjustment Factor, as shown on the Valuation Date that LNY receives Notice to withdrawSpecifications Page; W = the Withdrawal Charge Percentage. The Notice We do not restrict the frequency of withdrawals. However, the Gross Withdrawal Amount withdrawn must specify from which Variable Subaccount and/or any Fixed Account be no less than the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested Minimum Partial Withdrawal Amount shown on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract’s Specifications Pages. Withdrawals from a Fixed Subaccount will be subject Any withdrawal which would reduce the Account Value to an Interest Adjustment unless less than the withdrawal is effective Minimum Account Value, indicated on the Expiration Date of the Guaranteed Period. If Specifications Page, may be treated as a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date Total Withdrawal of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedyour Account Value.

Withdrawals. The Owner Prior to the Annuity Date, you may, upon Notice to LNYus, withdraw make a part total or partial withdrawal of the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract SpecificationsWithdrawal Value. A withdrawal will be effective on result in the Valuation Date cancellation of Accumulation Units from each applicable Subaccount of the Separate Account in the ratio that LNY receives the Account Value in the Subaccount bears to the total Account Value. You must specify in a Notice to withdraw. The Notice must specify us from which Variable Subaccount and/or any Fixed Account Subaccount(s) values are to be withdrawn if other than the withdrawal will be madeabove method is desired. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY We will pay the amount of any withdrawal within seven (7) days of receipt of the time period as required by the Securities and Exchange Commission Notice in good order unless the Suspension or Deferral of Payments or Transfers from the Separate Account provision (Article 10) is in effect. Xxxxxxxxxxx Each partial withdrawal must be for an amount which is not less than the minimum shown on the Contract schedule or, if smaller, the remaining Withdrawal Value. If the withdrawal would result in the Account Value being less than the Minimum Withdrawal Value which must remain in the Contract after a Partial Withdrawal as shown on the Contract schedule we will treat the withdrawal request as a request for a full withdrawal. WITHDRAWAL CHARGE Upon withdrawal of all or a portion of the Account Value, a Withdrawal Charge as set forth on the Contract schedule may be assessed. Under certain circumstances, described on the Contract schedule, a withdrawal may be made without the imposition of a Withdrawal Charge. For a partial withdrawal, the Withdrawal Charge will be accomplished deducted from the remaining Account Value, if sufficient, or from the amount withdrawn. 8410 (11/05) ANNUITY PROVISIONS ANNUITY DATE The Annuity Date is shown on the Contract Schedule. Prior to the Annuity Date, you may, subject to the Annuity Requirements set forth on the Contract Schedule, change the Annuity Date upon thirty (30) days prior Notice to us. ELECTION OF ANNUITY OPTION The Annuity Option is elected by you. If no Annuity Option is elected, Option 2 - Life Annuity with Ten (10) Years of Annuity Payments Guaranteed will automatically be applied. Upon thirty (30) days Notice prior to the Annuity Date you may change the Annuity Option. ANNUITY OPTIONS You may elect to receive Annuity Payments monthly, quarterly, semi-annually or annually. The following Annuity Options, or any other Annuity Option acceptable to you and us, may be elected: OPTION 1 -- LIFE ANNUITY We will make Annuity Payments, payable at Accumulation Unit values as the frequency elected, during the lifetime of the Valuation Date Annuitant and terminating with the Notice last payment due prior to the Annuitant's death. OPTION 2 -- LIFE ANNUITY WITH 10 YEARS OF ANNUITY PAYMENTS GUARANTEED We will make Annuity Payments, payable at the frequency elected, during the lifetime of the Annuitant with a guarantee that if at the Annuitant's death there have been less than 10 years of Annuity Payments made as selected, Annuity Payments will continue for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date remainder of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during You may elect to have the 45 but not more than 75 day period immediately preceding present value of the Expiration Date of that Guaranteed Periodguaranteed Variable Annuity Payments remaining, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, date due proof of the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal Annuitant's death is received at our Annuity Service Office, commuted at the Assumed Investment Return selected. We will require the return of this Contract and proof of death prior to the payment of any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedcommuted values.

Withdrawals. The Owner mayA Participant may request to withdraw his Tax Deferred Account, upon Notice Rollover Account, and the vested portion of his Matching Account, Profit Sharing Account, and Merged Plan Account as of a future Valuation Date by making written application to LNY, withdraw a part of the surrender value of this Contract Committee at any time least fifteen (15) days prior to the earlier of: date on which he wishes to receive the Annuity Commencement Date, termination withdrawal. Payment will made as soon as practical after receipt of this Contract upon payment the completed Withdrawal Form by the recordkeeper. The value of any Death BenefitTax Deferred Account, or surrender of this Contract. Withdrawals will be subject to the withdrawal Rollover Account, Matching Account, Profit Sharing Account and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify Merged Plan Account from which Variable Subaccount and/or any Fixed Account the a withdrawal will is made shall be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay reduced by the amount of the withdrawal. The Committee shall establish procedures regarding withdrawals. 8. Delete the third paragraph and subparagraphs (a) and (b) of Section 5.01 and substitute in lieu thereof the following: The Trustee, following a Valuation Date, shall value the Voluntary Contributions Fund as of the Valuation Date, in the following manner: a. The Trustee shall first compute the fair market value of each Investment Fund in which the assets in the Voluntary Contributions Fund have been invested. b. The Trustee shall then account for any withdrawal within the time period as required additions or withdrawals to or from an Investment Fund by the Securities and Exchange Commission unless the Suspension or Deferral any Participant, including additional voluntary contributions of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values a Participant made as of the Valuation Date and received by the Notice for withdrawal is receivedTrustee prior to the stated deadline. A partial withdrawal will result With respect to withdrawals from an Investment Fund, adjustments in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will amount credited to each Participant's Voluntary Account shall be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective made as of the Expiration Date unless close of each business day in which the Participant's withdrawal was paid. With respect to additions to an immediate withdrawal is requestedInvestment Fund, allocations of contributions shall take place on the date such contributions are actually received by the Trustee. 9. If an immediate withdrawal is requestedDelete paragraph (a) of Section 5.02 substitute in lieu thereof the following: a. The Committee shall establish and maintain separate accounts for each Participant within the Investment Funds available to the Participants for investment purposes, designated as the Voluntary Account, and separate records shall be kept as to all transactions affecting the Voluntary Contributions Fund within each Investment Fund. This account shall reflect basic contributions made prior to January 1, 1985, and all voluntary contributions made by the Participant, the withdrawal will occur amount of the appreciation or depreciation in value of the Voluntary Contributions Fund within each Investment Fund allocated to the Participant, and withdrawals by the Participant. The Committee shall adjust each Participant's Voluntary Account on the each Valuation Date which shall be reflected in a statement furnished to each Participant each quarter (or more often at the Notice for a withdrawal is receivedCommittee's discretion) by the Committee. 10. If a Notice for a withdrawal is received Delete the first sentence of Section 5.04 and substitute in lieu thereof the following: A Participant may request to withdraw his Voluntary Account as provided in the procedures to be established by the Committee in accordance with Section 4.04 by making written application to the Committee at any time other than during least fifteen (15) days prior to the 45 but not more than 75 day period, date on which he wishes to receive the withdrawal will be accomplished as of withdrawal. 11. Delete Section 6.01 in its entirety and substitute in lieu thereof the Valuation Date the Notice for a withdrawal is received.following:

Withdrawals. The Owner may, upon Notice to LNY, withdraw a part Amounts deducted from the Certificate Owner’s Covered Asset Pool during the term of the surrender value of this Contract at Certificate are treated as Withdrawals. (a) Prior to the Lock-In Date, any time amount withdrawn from the Covered Asset Pool other than an Annual Fee Allowance, if applicable, will be considered an Excess Withdrawal. An Excess Withdrawal prior to the earlier ofLock-In Date will reduce the Coverage Base by the greater of (1) or (2), where: (1) Is the Excess Withdrawal amount; and (2) Is the result of A x (B/C), where: A = The Excess Withdrawal amount; B = The Coverage Base prior to the Withdrawal; and C = The Covered Asset Value after Withdrawal of any Annual Fee Allowance, but before the Excess Withdrawal. (b) After the Lock-In Date but before the Insured Event, the Certificate Owner can make a Withdrawal(s) without causing an Excess Withdrawal as long as the total amount of all Withdrawal(s) do not exceed: a. The Coverage Amount and Annual Fee Allowance, if any, for the Certificate Year; and b. The Additional Coverage Amount, if any, for the calendar year. Any Excess Withdrawal will reduce the Coverage Amount on a pro rata basis according to the following formula: A x (B/C), where: A = The Excess Withdrawal amount; B = The Coverage Amount prior to the Annuity Commencement Withdrawal; and C = The Covered Asset Value after the Coverage Amount or any Annual Fee Allowance has been Withdrawn, but before the Excess Withdrawal. After the Lock-In Date but before the Insured Event, the Coverage Base is no longer used to calculate the Coverage Amount and is only used to calculate the Certificate Fee for those Fee Options using Coverage Base as a Fee Basis. If the Coverage Amount decreases due to an Excess Withdrawal after the Lock-In Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals the Coverage Base will be subject reset to: (A/B) x C, where: A = Coverage Amount after the Excess Withdrawal; B = Coverage Amount immediately prior to the withdrawal Excess Withdrawal; and surrender requirements as shown on C = Coverage Base prior to the Contract SpecificationsExcess Withdrawal. A withdrawal An Excess Withdrawal can reduce the Coverage Amount to zero. If the Coverage Amount is reduced to zero due to an Excess Withdrawal, the Certificate terminates without value and no benefits will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be madepaid. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis Certificate Owner withdraws less than the Coverage Amount or Annual Fee Allowance from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result Covered Asset Pool in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed PeriodCertificate Year, the withdrawal will unused portion cannot be effective as of carried over to the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requestednext Certificate Year. (c) After the Insured Event, the withdrawal will occur on the Valuation Date the Notice for a withdrawal is received. If a Notice for a withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedno Withdrawals are permitted.

Withdrawals. The Owner mayUpon Written Request on or after the first Policy anniversary and until the Monthly Deduction End Date, upon Notice to LNY, You may withdraw a part portion of the surrender value Accumulated Value of this Contract at any time prior to Policy Such Withdrawal will be deducted from the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this ContractAccumulated Value as an Account Deduction. Withdrawals will be subject to the withdrawal Withdrawal Conditions and surrender requirements as the Basic Face Amount after a Withdrawal must be at least equal to the Minimum Basic Face Amount After Withdrawal, all shown on in the Contract Policy Specifications. When Death Benefit Option A is in effect, a requested withdrawal may increase the Net Amount at Risk, in which case, We will decrease the Basic Face Amount as follows: · During the first 15 Policy years, but only in the case of the first withdrawal of a given Policy year, the Basic Face Amount will be effective on decreased only to the Valuation Date extent that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal exceeds the lesser of $10,000 or 10% of the Accumulated Value less any Maximum Surrender Charge and Policy Debt. For all other years, a Withdrawal in excess of the Death Benefit less the Face Amount will be made. If no allocation is specified, LNY will withdraw result in the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay Face Amount being reduced by the amount of any withdrawal within the time period as required by excess. · If the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under Basic Face Amount due to a requested Withdrawal would cause the Policy to become a Modified Endowment Contract. Withdrawals from , Your withdrawal request will not be processed unless and until Your Written Request to have Your Policy classified as a Fixed Subaccount will be subject to an Interest Adjustment unless Modified Endowment Contract in accordance with the withdrawal is effective on the Expiration Date Modified Endowment Contract Tax Status section of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Period, the withdrawal will be effective as of the Expiration Date unless an immediate withdrawal is requested. If an immediate withdrawal is requested, the withdrawal will occur on the Valuation Date the Notice for a withdrawal this Policy is received. If Death Benefit Option B is in effect at the time of a Notice Withdrawal, the Withdrawal will not reduce the Basic Face Amount, but it will reduce the Accumulated Value. This has the effect of reducing the Death Benefit (see the Death Benefit section for details). If Death Benefit Option C is in effect at the time of a Withdrawal, the Withdrawal will not reduce the Basic Face Amount, but it will increase the sum of the Withdrawals. This has the effect of reducing the Death Benefit (see the Death Benefit section for details). If the Insured dies after the request for a withdrawal Withdrawal is received at any time other than during the 45 but not more than 75 day periodby Us and prior to it being processed, the withdrawal Withdrawal, if allowed under this provision, will be accomplished as of processed and paid to the Valuation Date Owner, or to the Notice for a withdrawal is receivedOwner’s estate, before the Death Benefit Proceeds are determined and paid to the Beneficiary.

Withdrawals. The Owner mayUpon Written Request on or after the first Policy anniversary and until the Monthly Deduction End Date, upon Notice to LNY, you may withdraw a part portion of the surrender value Accumulated Value of this Contract at any time prior to Policy as described in Withdrawal Conditions in the earlier of: Policy Specifications. There is no Surrender Charge imposed for a withdrawal, even if the Annuity Commencement Date, termination Total Face Amount is reduced as a result of this Contract upon payment of any Death Benefit, or surrender of this Contractthe withdrawal. Withdrawals will be subject to the withdrawal and surrender requirements as Withdrawal Conditions shown on the Contract in your Policy Specifications. A withdrawal Withdrawals will be effective on deducted from the Valuation Date that LNY receives Notice to withdrawAccumulated Value. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specifiedWhen you take a Withdrawal, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of the withdrawal and any withdrawal within fee is deducted from the time period Policy’s Investment Options. Unless you provide otherwise, any such deduction will be deducted from the Accumulated Value as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) an Account Deduction. When Death Benefit Option A is in effect. Xxxxxxxxxxx , a requested withdrawal may increase the Net Amount at Risk, in which case, we will decrease the Face Amount as follows: During the first 15 Policy years, but only in the case of the first withdrawal of a given Policy year, the Face Amount will be accomplished at Accumulation Unit values as decreased only to the extent that the withdrawal exceeds the lesser of $10,000 or 10% of the Valuation Date Accumulated Value less any Maximum Surrender Charge and Policy Debt. If the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Total Face Amount due to a requested withdrawal would cause the Policy to become a Modified Endowment Contract, we will not process your withdrawal request unless and until we receive your Written Request to have your Policy classified as a Modified Endowment Contract in accordance with the Modified Endowment Contract Tax Status section of this Policy. If Death Benefit payable under Option B is in effect at the Contract. Withdrawals from time of a Fixed Subaccount will be subject to an Interest Adjustment unless the withdrawal is effective on the Expiration Date of the Guaranteed Period. If a request for a withdrawal from a Fixed Subaccount is received during the 45 but not more than 75 day period immediately preceding the Expiration Date of that Guaranteed Periodwithdrawal, the withdrawal will be effective as not reduce the Total Face Amount, but it will reduce the Accumulated Value, which has the effect of reducing the Expiration Date unless an immediate withdrawal is requestedDeath Benefit (see the Death Benefit section for details). If an immediate withdrawal Death Benefit Option C is requestedin effect at the time of a withdrawal, the withdrawal will occur on not reduce the Valuation Date Total Face Amount, but it will increase the Notice sum of the withdrawals, which has the effect of reducing the Death Benefit (see the Death Benefit section for a withdrawal is receiveddetails). If a Notice the Insured dies after the request for a withdrawal is received at any time other than during by us and prior to the 45 but not more than 75 day periodwithdrawal being processed, the withdrawal withdrawal, if allowed under this provision, will be accomplished as of processed and paid to the Valuation Date Owner, or to the Notice for a withdrawal is receivedOwner’s estate before the Death Benefit Proceeds are determined and paid to the beneficiary.

Withdrawals. The Owner may, upon Notice to LNY, withdraw a part of the surrender value of this Contract at any time prior to the earlier of: the Annuity Commencement Date, termination of this Contract upon payment of any Death Benefit, or surrender of this Contract. Withdrawals will be subject to the withdrawal and surrender requirements as shown on the Contract Specifications. A withdrawal will be effective on the Valuation Date that LNY receives Notice to withdraw. The Notice must specify from which Variable Subaccount and/or any Fixed Account the withdrawal will be made. If no allocation is specified, LNY will withdraw the amount requested on a pro-rata basis from each Variable Subaccount and/or any Fixed Account. Upon receipt of Notice of withdrawal, LNY will pay the amount of any withdrawal within the time period as required by the Securities and Exchange Commission unless the Suspension or Deferral of Payments or Transfers provision (Article 10) is in effect. Xxxxxxxxxxx will be accomplished at Accumulation Unit values as of the Valuation Date the Notice for withdrawal is received. A partial withdrawal will result in a proportional reduction in any Death Benefit payable under the Contract. Withdrawals from a Fixed Subaccount will your Account may be subject to an Interest Adjustment unless the withdrawal is effective made on the Expiration Date of the Guaranteed Periodany Business Day. If a You may request for a withdrawal from a Fixed Subaccount is received during your Account by accessing our website at xxx.xxxxxxxxxxx.xxx and following the 45 but not more than 75 day period immediately preceding directions under the Expiration Date of that Guaranteed Periodsection entitled “Account Withdrawals.” If you satisfactorily complete your withdrawal request by 12:00 p.m. (Eastern Time) on any Business Day, the withdrawal request should, under normal conditions, be initiated and processed via transfer at the Insured Depositories on such day. Your Account will usually be credited with the withdrawal proceeds by the next Business Day. Thereafter, the Account Custodian will return the funds in your Account to the account designated by you. Please reference Section 10 for additional detail on the Account’s Days of Operation. If your withdrawal request is completed after 12:00 p.m. (Eastern Time) on any Business Day, then it will be effective as initiated and processed by 12:00 p.m. (Eastern Time) on the following Business Day and then your Account will be credited with the withdrawal proceeds on the day subsequent to the following Business Day. If you decide to close your Account or request a complete withdrawal, you may have to wait a period of time for all of the Expiration Date unless an immediate interest to be posted to your Account since interest can only be credited to your Account once interest is credited by the Insured Depositories to the Depository Accounts. Because Insured Depositories do not generally post interest to a Depository Account on a same day basis, there may be a delay between the date of your withdrawal is requestedrequest and the date on which you receive all of the interest that accrued in the Depository Accounts to the effective date of your withdrawal. If an immediate withdrawal is requested, StoneCastle and the withdrawal will occur on Account Custodian reserve the Valuation Date the Notice for right to take reasonable measures to verify a withdrawal is receivedrequest, and StoneCastle and the Account Custodian will not be held liable for any delays caused by such verification measures. If a Notice for a In the case of partial withdrawals from your Account, StoneCastle will determine from which Insured Depositories your withdrawal is received at any time other than during the 45 but not more than 75 day period, the withdrawal request will be accomplished as of the Valuation Date the Notice for a withdrawal is receivedprocessed.