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SECTION 3 -- OPERATION OF FIXED INTEREST ACCOUNT <br />3.1 Interest Crediting: We credit interest daily from the date of -the Contribution to the FIA to the date of <br />withdrawal from the contract. <br />3.2 Provision of a Guaranteed Rate: All Contributions to the FIA will earn interest at the Guaranteed <br />Rate in effect.atthe time such Contribution is made. All monies in the FIA will earn interest at that <br />Guaranteed Rate.until that Guaranteed Rate is changed. We may declare a new Guaranteed Rate at <br />any time during'the Contract Year. Such declaration will be at least 30 days in advance of the <br />effective date of the new rate. <br />3.3 Minimwn Rate Guarantee: No Guaranteed Rate may be less than an annual effective interest rate <br />equal to the average 5-year Constant Maturity Treasury Rate reported by the Federal Reserve for the <br />month of October of the calendar year immediately preceding the calendar year in which the <br />Guaranteed Rate is in effect (rounded to the nearest 0.05%), minus 1.25%. This minimum <br />Guaranteed Rate shall not be less than 1 % nor greater than 3%. However, prior to January 1, 2012, <br />the minimum Guaranteed Rate shall be 3%. <br />3.4 Allocation of Withdrawals: Withdrawals from the FIA are on a first-in/first-out (FIFO) basis. <br />GB8.OM-KuFIA3121SpPport (SBR-NR457) 6 <br />