Guaranteed Minimum Withdrawal Benefit

This rider provides a return of principal with reset.,The annual withdrawal amount will remain the same each contract year unless owner make additional purchase payments, withdraw more than the annual withdrawal amount in a contract year, or elect to reset the remaining benefit amount. if additional purchase payments are made, the annual withdrawal amount will increase by an amount equal to 5%, 6% or 7% of the purchase payment including any credit enhancements, and the remaining benefit amount will increase by an amount equal to 130%, 110% or 100% of the purchase payment including any credit enhancements, depending on which combination of annual withdrawal amount and benefit amount have selected. The annual withdrawal amount and remaining benefit amount are recalculated in the event of a withdrawal in a contract year that exceeds the annual withdrawal amount as follows. The annual withdrawal amount and remaining benefit amount respectively are reduced by an amount equal to a percentage of the annual withdrawal amount and remaining benefit amount. The percentage is determined by dividing: (i) the excess withdrawal amount; by (ii) contract value after deduction of any annual withdrawal amount included in the withdrawal.