PRIME Benefit - Guaranteed Minimum Income Benefit

Owner can choose whether enhanced GPWB value is equal to - 1) 3% AIA, 2) 7% AIA; 3) MAV; or 4) contract value. A 3% annual increase on Purchase Payments, not including any bonus (3% AIA). The 3% AIA is subject to a maximum of 1.5 times total Purchase Payments received (not including any bonus) reduced for each partial withdrawal. A 7% annual increase on Purchase Payments received (not including any bonus) in the first five rider years adjusted for withdrawals (7% AIA). The 7% AIA is subject to a maximum of two times Purchase Payments received in the first five Contract Years reduced for each partial withdrawal or ith the Traditional PRIME Benefit, on the date GPWB Payments begin can take up to 10% of PB Value, which is the greatest of: 1) Total Purchase Payments (not including any bonus) adjusted for withdrawals (Total Purchase Payments), 2) The Contract Value (including any vested bonus) on the prior Contract Anniversary. GMIB payments: 1) If you take a Full Annuitization: A) The Accumulation Phase ends and the Annuity Phase begins, 2) on or after the Income Date we no longer calculate the PB Value or its underlying values, 3) Death benefit ends, 4) f you were taking GPWB Payments, they stop and the GPWB end, 2) If you take a Partial Annuitization: A) The Annuity Phase begins and the Accumulation Phase continues, 2) Continue to calculate the PB Value. However, the Partial Annuitization reduces its underlying value, 3) Death benefit and the GPWB continue to be available to owner, 4) Rewards Value continues to fluctuate as a result of Investment Choice performance.