EX-4.28 3 ael92297-240343_edp.txt FORM OF CONTRACT DATA PAGES - EDP CONTRACT DATA Contract Number: [9920-SAMPLE] Contract Date: [November 1, 2002] Initial Purchase Payment: [$25,000] Retirement Date: [November 1, 2042] Annuitant: [John Doe] Contract Type: [Non-Qualified] Contract Owner: [John Doe]
Upon issuance of this contract your initial purchase payment has been applied to the One Year Fixed Account, Guarantee Period Account(s) and variable subaccounts as shown below. You may make additional payments and change the purchase payment allocation as provided in this contract. Refer to the purchase payments provision on Page 9.
Allocation Purchase Payment Allocation Percentage AEL One-Year Fixed Account [___% [2 Year Guarantee Period Account ___% 3 Year Guarantee Period Account ___% 4 Year Guarantee Period Account ___% 5 Year Guarantee Period Account ___% 6 Year Guarantee Period Account ___% 7 Year Guarantee Period Account ___% 8 Year Guarantee Period Account ___% 9 Year Guarantee Period Account ___% 10 Year Guarantee Period Account ___% AXP(R) VP - Cash Management Fund ___% AXP(R) VP - Federal Income Fund ___% Evergreen VA Strategic Income Fund ___% Fidelity VIP Growth & Income Portfolio (Service Class) ___% AIM V.I. Capital Appreciation Fund - Series I ___% AIM V.I. Dent Demographics Fund - Series I ___% AIM V.I. Premier Equity Fund - Series I ___% Alliance VP Growth and Income Portfolio (Class B) ___% Alliance VP Premier Growth Portfolio ___% (Class B) ___% AXP(R) VP - New Dimensions Fund(R) ___% AXP(R) VP - S&P 500 Index Fund ___% Evergreen VA Growth and Income Fund ___% Evergreen VA Omega Fund] ___%]
Allocation Purchase Payment Allocation Percentage [Fidelity VIP Balanced Portfolio (Service Class) [___% Fidelity VIP Contrafund(R) Portfolio (Service Class) ___% MFS(R) Investors Trust Series - Service Class ___% Putnam VT Growth and Income Fund - Class IB Shares ___% Evergreen VA Masters Fund ___% Fidelity VIP Mid Cap Portfolio (Service Class) ___% FTVIP Mutual Shares Securities Fund - Class 2 ___% Putnam VT Vista Fund - Class IB Shares ___% AXP(R) VP - Small Cap Advantage Fund ___% Evergreen VA Small Cap Value Fund ___% FTVIP Franklin Small Cap Fund - Class 2 ___% MFS(R) New Discovery Series - Service Class ___% FTVIP Templeton Developing Markets Securities Fund - Class 2 ___% FTVIP Templeton Foreign Securities Fund - Class 2 ___% Putnam VT International Growth Fund - Class IB Shares ___% Evergreen VA Global Leaders Fund ___% Alliance VP Technology Portfolio (Class B) ___% AXP(R) VP - Managed Fund ___% MFS(R) Total Return Series - Service Class] ___% ___%]
Purchase Payment Credits
Cumulative Net Purchase Payment Amount Net Purchase Payment Credit Percentage -------------------------------------- -------------------------------------- [$0 - $99,999 [0% $100,000 +] 1%]
Purchase payment credits are not vested until [12 months ] after being credited in the case of a free look cancellation, a death claim payment or a full withdrawal not subject to withdrawal charges. 240343-EDP Page 2A CONTRACT DATA - Continued Contract Number: [9920-SAMPLE] Contract Date: [November 1, 2002]
[Maximum Anniversary Value Death Benefit Rider- Attached] [5% Accumulation Death Benefit Rider - Attached] [ Enhanced Protection Death Benefit Rider - Attached] [ Enhanced Death Benefit Rider - Attached] [ Performance Credit Rider - Attached [Annual Charge of 0.15%] "Subaccount Limitation under the Performance Credit Rider: We reserve the right to limit the total amount in the fixed accounts (and the [ AXP Variable Portfolio - Cash Management Fund]) to (10%) of the contract value." ] [Guaranteed Minimum Income Benefit Rider [Annual Charge of 0.30%] (Maximum Anniversary Value Benefit Base) - Attached "Subaccount Limitation under the Guaranteed Minimum Income Benefit Rider: We reserve the right to limit the total amount in the fixed accounts (and the [AXP Variable Portfolio - Cash Management Fund]) to (10%) of the total amount in the subaccounts." ] [ Guaranteed Minimum Income Benefit Rider [Annual Charge of 0.30%] (5% Accumulation Benefit Base) - Attached "Subaccount Limitation under the Guaranteed Minimum Income Benefit Rider: We reserve the right to limit the total amount in the fixed accounts (and the [AXP Variable Portfolio - Cash Management Fund] ) to (10%) of the total amount in the subaccounts." ] [Guaranteed Minimum Income Benefit Rider [Annual Charge of 0.30%] (Enhanced Protection Benefit Base) - Attached "Subaccount Limitation under the Guaranteed Minimum Income Benefit Rider: We reserve the right to limit the total amount in the fixed accounts (and the [AXP Variable Portfolio - Cash Management Fund]) to (10%) of the total amount in the subaccounts." ] [Guaranteed Minimum Income Benefit Rider [Annual Charge of 0.45%] (6% Accumulation Benefit Base) - Attached "Subaccount Limitation under the Guaranteed Minimum Income Benefit Rider: We reserve the right to limit the total amount in the fixed accounts (and the [AXP Variable Portfolio - Cash Management Fund]) to (10%) of the total amount in the subaccounts." ] [Benefit Protector Death Benefit Rider Attached [Annual Charge of 0.25%] Rider Benefit Percentage [40%] Maximum Earnings at Death Percentage [250%]] [Benefit Protector Plus Death Benefit Rider Attached [Annual Charge of 0.40%] Rider Benefit Percentage [40%] Maximum Earnings at Death Percentage [250%] Purchase Payment Percentage Schedule Death Occurring in Contract Years Percentage 1 - 2 [0%] 3 - 4 [10%] 5 and later [20%]]
240343-EDP Page 2B CONTRACT DATA - Continued Contract Number: [9920-SAMPLE] Contract Date: [November 1, 2002]
Withdrawal Charge: If you withdraw all or a portion of this contract, a withdrawal charge may apply. A withdrawal charge applies if all or part of the contract value withdrawn is from payments received during the [seven years] before withdrawal.
Years From Purchase Payment Receipt Withdrawal Charge ----------------------------------- ----------------------------------- [1 8.0% of purchase payment withdrawn 2 8.0% of purchase payment withdrawn 3 7.0% of purchase payment withdrawn 4 7.0% of purchase payment withdrawn 5 6.0% of purchase payment withdrawn 6 5.0% of purchase payment withdrawn 7 3.0% of purchase payment withdrawn 8 + 0.0% of purchase payment withdrawn] OR [1 8.0% of purchase payment withdrawn 2 7.0% of purchase payment withdrawn 3 6.0% of purchase payment withdrawn 4 4.0% of purchase payment withdrawn 5 2.0% of purchase payment withdrawn 6 + 0.0% of purchase payment withdrawn]
You may withdraw the greater of 10 percent of your prior contract anniversary contract value or contract earnings each contract year without incurring a withdrawal charge. Refer to the withdrawal charge provision on Page 14 for additional withdrawal charge information. Annual Mortality and Expense Risk Charge: [0.85% - 1.70% of the daily net asset value] See Page 13. Annual Variable Account Administrative Charge: [0.15% of the daily net asset value] See Page 13. Contract Administrative Charge: [$40], waived at contract values of [$50,000] or more The Maximum Total Purchase Payment: [$1,000,000] The Minimum Additional Purchase Payment: [$100] The Minimum Investment in any Guarantee Period Account: [$1,000] The Guaranteed Minimum Effective Interest Rate to be credited to the AEL One Year Fixed Account and Guarantee Period Account(s) is 3%. MARKET VALUE ADJUSTMENT ----------------------- All payments and values based on the Guarantee Period Account(s) are subject to a Market Value Adjustment formula, the operation of which may result in upward and downward adjustments in amounts payable. See Page 14. 240343-EDP Page 2C