Leveraged Earnings Death Benefit

Issuer will add 40% of earnings (25% if annuitant is age between 76 to 84) to death benefit payable under contract. Earnings are calculated to lesser of - 1) purchase payments less withdrawals, or 2) amount by which sum of contract value exceeds remaining purchase payments. Annuitant may be added or replaced after election of this rider. If new annuitant is age 84 or younger as of contract date, the Leveraged Earnings Death Benefit for that Covered Person will be sum of basic death benefit, plus 25% of lesser of - 1) purchase payments less withdrawals, 2) contract value less purchase payments. Leveraged Earnings Death Benefit will not apply at death of new annuitant if new annuitant is age 85 or older as of contract date, 40% applicable percentage never applies to new annuitant.