Greater of Maximum Anniversary Value and Roll-Up GMDB - GMIB Version

Benefit is only available in conjunction with Guaranteed Minimum Income Benefit EXTRA. Upon death of owner, benefit will be greatest of - 1) contract value, 2) purchase payments adjusted for withdrawals, 3) GMDB maximum anniversary value base, or 4) GMDB Roll-up base. GMDB maximum anniversary value base is greatest of - 1) contract value, 2) purchase payments adjusted for withdrawals, or 3) maximum anniversary value, calculated on any contract anniversary, prior to owner's 85th birthday, increased by purchase payments made and adjusted for withdrawals. GMDB Roll-up base is equal to initial purchase payment compounded at 6% annually plus subsequent purchase payments compounded at 6% annually less withdrawals. Issuer will roll-up benefit base until earlier of - 1) contract anniversary on or following owner's 85th birthday, or 2) death of owner. Owner may elect to reset benefit base on each contract anniversary following annuitant's 75th birthday. GMDB Base is reduced dollar-for-dollar for withdrawals up to the dollar-for-dollar limit, if requested withdrawal during the year causes total withdrawals to exceed the dollar-for-dollar limit GMDB Base then equal the current GMDB Base reduced in same proportion.