Document:

<PAGE>
                             TABLE OF CONTENTS

                                                      Page
               Summary                                  5
               Definitions                            6-7
               Premiums                                 8
               The Variable Annuity Account          9-10
               The General Account                     10
               Cash Value                           11-12
               Annuity Benefit                         13
               Charges                                 14
               General Provisions                   15-16
               Ownership                               17
               Beneficiary Provisions                  17
               Payments on Death                       18
               Annuity Income Option Conditions        19
               Annuity Income Options Available     19-21
               Basis of Calculations                   22
               Calculation of Accumulated Value     23-24
               Individual Retirement Provision         25

                                     Page 3

<PAGE>
                                   INDEX

                                                      Page
               Accounting Procedures                   24
               Accumulated Value                       11
               Additional Premium Limitations           8
               Allocation of Net Premium(s)             8
               Annuitant                               13
               Annuity Change Option                   13
               Annuity Payments                        13
               Assignment                              16
               Beneficiary Designation                 17
               Cash Surrender                          11
               Change in Subaccounts                    9
               Change of Beneficiary                   17
               Change of Investment Policy              9
               Change of Owner and Contingent Owner    17
               Changes to the Contract                 15
               Contract Administration Charge          14
               Contract Date                           15
               Contract Expiration                     15
               Contract, The                           15
               Death of Annuitant                      18

                                                                          Page 3
<PAGE>

                               INDEX (Continued)

               Death of Owner                          18
               Declaration of Rates and Periods        10
               Effective Date                          15
               General Account Calculations            22
               How Accumulated Value is Calculated     23
               Interest                                10
               Maturity Date                           13
               Misstatements                           15
               Mortality and Expense Risk Charge       14
               Partial Surrender                       12
               Premium Tax                             14
               Proof of Death                          18
               Protection of Death Benefit             18
               Records Maintenance Charge              14
               Reports to Owner                        16
               Right to Defer Payment                  16
               Rights Reserved by the Company          10
               Subaccounts                              9
               Surrender Charge                        11
               Taxes                                   14
               Transfers                               12
               Variable Annuity Account                 9
               Variable Annuity Account Calculations   22

                                                                          Page 4

<PAGE>
                                 SUMMARY

This  is a single premium variable deferred annuity. It provides a Death Benefit
to  the  Beneficiary  if  the  Annuitant  dies before the Maturity Date. It also
provides  an  Annuity  Benefit to You if the Annuitant is living on the Maturity
Date.  The  initial  premium  for this Contract is shown on Page 2. You may make
additional  premium  payments  subject to the limitations described on Page 8 of
this  Contract.

The  Accumulated  Value  of this Contract will vary according to how You, as the
Owner,  allocate  the  net  premium(s).  Allocations  may  be made to either the
General  Account  or  one  or  more of the subaccount(s) of the Variable Annuity
Account.  Each  subaccount  invests  its assets in one of a series of registered
investment  company  funds. If You allocate premiums to the General Account, the
minimum  rate  of  accumulation  will  be  fixed and guaranteed. If You allocate
premiums  to one or more of the subaccounts, the amount of the Accumulated Value
will  not  be  guaranteed  and  will vary with the investment performance of the
subaccount(s)  selected.

You  may  make  a  partial surrender of this Contract at any time from the first
Contract  Anniversary until the Maturity Date while the Annuitant is living. Any
such  surrender  will  cause  the  Annuity  Benefit  to  be  reduced.

This  is  a brief description of the provisions of this Contract. They are fully
described  on  the  remaining  pages  of  the  Contract.

                                                                          Page 5

<PAGE>
                                DEFINITIONS

ACCUMULATED VALUE        is the total of the value of the amounts in any
                         subaccount(s) and/or the General Account for this
                         Contract as of any Valuation Date, prior to the
                         Maturity Date.

AGE                      means the age of the Annuitant on the birthday
                         nearest to the Contract Anniversary.

ANNUITANT                is the person whose life is used to determine
                         the duration and amount of any annuity payments
                         and is shown on Page 2.

ANNUITY BENEFIT          is a series of payments to be made under any
                         Annuity Income Option scheduled to begin on the
                         Maturity Date.

BENEFICIARY              is the person named in the Application or by later
                         designation to receive any Death Benefit.

CASH VALUE               means the Accumulated Value less any applicable
                         surrender charges(s).

COMPANY, WE, US, OUR     is Charter National Life Insurance Company.

CONTRACT YEAR, MONTH,    shall be measured from the Contract Date shown on
AND ANNIVERSARY          Page 2.

DEATH BENEFIT            is the amount We will pay to the Beneficiary if
                         the Annuitant dies before the Maturity Date.

DECLARATION PERIOD       is a stated period of time, not less than one
                         year or more than ten, during which a declared
                         interest rate in excess of 3.5% may be in effect
                         on amounts in the General Account.

GENERAL ACCOUNT          is the general account of Charter National Life
                         Insurance Company, which provides a guaranteed
                         accumulation rate.

MATURITY DATE            is shown on Page 2 or by later designation. It is
                         the date the Annuity Benefit is scheduled to begin
                         if the Annuitant is living.

NET PREMIUM              is equal to the premium less premium taxes.

NONPARTICIPATING         means this Contract does not share in the profits
                         or surplus of the Company, and no dividends are
                         payable.

                                                                          Page 6

<PAGE>
                          DEFINITIONS (Continued)

OWNER(S), YOU, YOUR      is the person who owns and has all rights under
                         this Contract and is the person scheduled to
                         receive the Annuity Benefit.

PERIOD CERTAIN           means a length of time during which annuity
                         payments are guaranteed to be made.

VALUATION DATE           is each day on which valuation of the
                         subaccount(s) is required by applicable law and
                         currently includes each day the New York Stock
                         Exchange is open for trading.

VALUATION PERIOD         is the period that starts at the close of a
                         Valuation Date and ends at the close of the next
                         succeeding Valuation Date.

VARIABLE ANNUITY         is a separate account of Charter National Life
ACCOUNT                  Insurance Company as shown on Page 2.

                                                                          Page 7
<PAGE>

                                PREMIUMS

ALLOCATION OF NET PREMIUM(S)

You  determine  the  allocation  of  your  Net Premium(s) to the General Account
and/or  one  or  more  of  the  subaccounts of the Variable Annuity Account. All
allocations  must  be  in  whole  percentages  which  add  up  to  100%.

To  the extent You allocate the Net Premium(s) to a subaccount, your Accumulated
Value will vary with the investment performance of the subaccount. To the extent
You  allocate  Net  Premium(s)  to  the  General  Account,  the  minimum rate of
accumulation  will  be  fixed  and  guaranteed.  We may, at our sole discretion,
credit  a  higher  rate  to  such  amounts.

ADDITIONAL PREMIUM LIMITATIONS

Prior  to  the  Maturity Date and while the Annuitant is living, You may make an
additional premium payment of $1,000 or more up to four times per Contract Year.
Additional  premiums  will  be  allocated in the same manner as your most recent
allocation  unless  We  receive  other  instructions  from  You.

We  reserve  the right to reject any premium payment which would cause the total
premiums  paid  to  exceed  $1,000,000. We also reserve the right to decline any
premium  allocation  to  the General Account which would cause your value in the
General  Account  to  exceed  $250,000.

Annuity  accumulations and distributions are taxed differently under federal tax
law  based  upon  whether  the  funds are qualified or nonqualified and, in some
cases, when funds were first contributed to an annuity contract and by whom they
were  contributed.  These  various  tax  types  impose  significantly  different
tax-reporting  responsibilities  on  Us. We reserve the right to and will reject
any  additional  premiums  that  are  not  of  the  same tax type as the initial
premium.

                                                                          Page 8

<PAGE>
                       THE VARIABLE ANNUITY ACCOUNT

VARIABLE ANNUITY ACCOUNT

The  Variable Annuity Account is a separate investment account established by Us
in  accordance with Missouri law. The assets of this account are owned by Us and
will  be  used  to provide values and benefits under this and similar annuities.
The  Variable Annuity Account is not charged with liabilities arising out of any
other  business  that  We  may  conduct.

SUBACCOUNTS

The  Variable  Annuity Account consists of subaccounts, each of which invests in
shares  of a designated registered investment company fund. Shares are purchased
at  their  net  asset  value.

Each  distribution  of  income, dividends, and capital gains from a fund will be
reinvested  at  net  asset  value  in  shares  of  the  fund.

The values and benefits of your Contract depend on the investment performance of
any subaccount(s) You select. You bear the investment risk for amounts allocated
to  the  subaccount(s).  We  do  not  guarantee  the  investment  performance.

CHANGE IN SUBACCOUNTS

We  can  add,  remove,  or  combine  subaccounts  as  permitted  by  law. When a
subaccount  is  removed, We have the right to substitute a different subaccount.

We  can  also  add, remove, or substitute subaccount investments as permitted by
law.

We  will  notify  You  in advance of liquidation of a subaccount in which any of
your  Contract  values  are invested. We will ask You to tell Us how these funds
should be reallocated. In the absence of instructions from You, We will transfer
the  amount  in  the  liquidated  subaccount  to  the  Money  Market subaccount.

CHANGE OF INVESTMENT POLICY

The  investment  policy  of  the  Variable  Annuity  Account will not be changed
unless:

     a)   the  change  has  been  approved  by  the Director of Insurance of the
          State  of  Missouri,  and

     b)   a  statement of the approval process has been filed with the Insurance
          Department  of  the  state  in  which  this  Contract  is  delivered.

                                                                          Page 9

<PAGE>

RIGHTS RESERVED BY THE COMPANY

We reserve the right to take certain actions in compliance with applicable laws,
and,  if  required,  with  approval  of  the  Owner.  These  actions  are:

     a)   to  create  new  separate  investment  accounts;

     b)   to  combine  or  substitute  separate  investment  accounts;

     c)   to  transfer all or part of the assets of the Variable Annuity Account
          to  another  separate  investment  account;

     d)   to  operate  the  Variable  Annuity Account as a management investment
          company  and  to  charge investment advisory fees under the Investment
          Company  Act  of  1940  or  in  any  other  form permitted by law; and

     e)   to  deregister  the  Variable  Annuity  Account  under  the Investment
          Company  Act  of  1940  if  registration  is  no  longer  required.

                           THE GENERAL ACCOUNT

INTEREST

Any  funds  allocated  to  the General Account will earn interest at the rate of
..28709%  per  month,  which  equates  to  the  guaranteed rate of 3.5% per year.

DECLARATION OF RATES AND PERIODS

We  may  declare  interest  rates  greater  than  3.5%. Any such declarations of
interest will be for periods of from one to ten years. We may maintain up to ten
Declaration  Periods  for  new issues and transfers from the subaccounts. If You
allocate  Net  Premium(s)  or  make  transfers  to the General Account, You must
specify  a  Declaration  Period. The declared interest rate in effect on the day
You allocate funds to the General Account will be guaranteed for the Declaration
Period  selected.  This  rate  will  apply  to both the amount allocated and the
interest  credited  on  such amount. Each allocation to the General Account will
have  a  specified  interest  rate  and  Declaration  Period associated with it.

Prior  to the expiration of any Declaration Period to which You allocated funds,
You  must  tell  Us  how  the  funds are to be reallocated. If We do not receive
instructions  from  You  by  the end of the Declaration Period, We will transfer
such  funds  to  the  Money  Market  subaccount.

                                                                         Page 10

<PAGE>

                                 CASH VALUE

ACCUMULATED VALUE

Your  Accumulated Value is the total of the value of the amounts in the selected
subaccount(s)  for  the  General  Account  for this Contract as of any Valuation
Date, prior to the Maturity Date. The amount of the Accumulated Value depends on
the  amount  of premium(s) paid, your allocation selection, any charges, and any
deductions.  Premium(s)  allocated  to  any  subaccount(s)  will  cause  your
Accumulated  Value  to  increase  or decrease on a daily basis, according to the
investment  performance  of  such  subaccount(s).

SURRENDER CHARGE

We will determine the Cash Value by deducting any applicable surrender charge(s)
from  the  Accumulated Value. The amount of any such charge will be a percentage
of  the  initial  premium  and  each  additional premium, calculated as follows:

     a)   From  the  date  of  each  premium  payment  to  the  next  Contract
          Anniversary,  the  charge  is  6%.

     b)   On  each  of  the  next  six  (6)  Contract  Anniversaries, the charge
          decreases  by  1%.

     c)   Thereafter,  there  is  no  surrender  charge.

     d)   On  a  partial surrender, any charge will be applied to the premium(s)
          on  a  first-in,  first-out  basis.

Any  such  charge  shall not exceed the maximum amount allowable in the state in
which  the  Contract  is  delivered.

CASH SURRENDER

You  may,  by  written request, surrender this Contract at any time prior to the
Maturity Date, while the Annuitant is alive. Upon surrender, We will pay You the
Cash  Value  of  this  Contract  in  a  lump  sum.

                                                                         Page 11

<PAGE>

PARTIAL SURRENDER

At  any time from the first Contract Anniversary to the Maturity Date, while the
Annuitant  is  living,  You  may  request in writing a partial surrender of this
Contract.  The  following  conditions  will  apply:

     a)   The  amount  surrendered  must  be  at  least  $500.

     b)   The  remaining  Accumulated  Value  must  be  at  least  $5,000.

     c)   A  surrender charge, if applicable, will be applied to any surrendered
          amount  that  would  reduce  the  Accumulated  Value  below  the total
          premiums  paid.

     d)   If  You  have  funds  invested  in  more than one subaccount, You must
          instruct  Us  as  to  what  amounts  should  be  withdrawn  from which
          subaccount.

     e)   If  You have funds invested in more than one Declaration Period of the
          General  Account,  You  must  instruct Us as to what amounts should be
          withdrawn  from  which  Declaration Period terms. Within a Declaration
          Period,  surrenders  will  be  on  a  first-in,  first-out  basis.

TRANSFERS

You  may transfer all or a portion of the Contract's value among the subaccounts
and  the  General  Account.  Transfers  may  be  made:

     a)   among  subaccounts  at  any  time.

     b)   from  one  or  more  of  the subaccounts to the General Account at any
          time,  provided  that  your  value  in  the  General Account after the
          transfer  will  not  exceed  $250,000.

     c)   from  the  General  Account  to  the  subaccounts  at  the  end of the
          Declaration  Period  associated  with  the  funds  being  transferred.

All  transfers  made  at  the  same  time will be treated as one request. We may
deduct  a  charge for the third and subsequent transfer requests in any Contract
Year.  The  charge  will  be  a $10.00 deduction from each subaccount from which
amounts  are  transferred.

Allocations  of Net Premiums are not considered transfers, nor are reallocations
of  funds from or within the General Account at the end of a Declaration Period.

                                                                         Page 12

<PAGE>
                              ANNUITY BENEFIT

ANNUITANT

The  Annuitant will be named in the Application and cannot be changed during the
life  of  the  Contract.  The Annuitant is the person whose life will be used to
determine  the  duration  and  amount  of  the  Annuity  Benefit.

MATURITY DATE

The  Maturity  Date  will  generally  be stated on the Application. If it is not
indicated  on the Application, We will use the later of the Contract Anniversary
nearest  the  Annuitant's  age  80  or  ten  (10)  years from the Contract Date.

ANNUITY CHANGE OPTION

You  may  elect to change either the Maturity Date or the Annuity Income Option.
Any such request must be made prior to the Maturity Date and in writing to Us at
our  Home  Office.

The  changed Maturity Date may be any future Contract Anniversary not later than
the  later  of:

     a)   the Contract Anniversary nearest the Annuitant's 80th birthday; or

     b)   ten (10) years from the next Contract Anniversary.

ANNUITY PAYMENTS

On  the Maturity Date, We will calculate the Accumulated Value of this Contract.
The  Annuity Benefit will then be determined based on the Annuity Income Options
elected,  the age and sex of the Annuitant, and the amount of Accumulated Value.
If  no Annuity Income Option has been elected, We will pay benefits under Option
1.  The  first  annuity  payment will be made to the Owner within seven (7) days
after the Maturity Date. All payments by Us are payable at our Home Office or by
mail  from  our  Home  Office.

If  payment of the Annuity Benefit is contingent upon the Annuitant's living, We
may require due proof that the Annuitant is alive prior to any scheduled payment
date.

                                                                         Page 13

<PAGE>
                                  CHARGES

CONTRACT ADMINISTRATION CHARGE

There  will  be a Contract Administration Charge deducted from the values in the
subaccount(s)  on a daily basis. The charge is .0011030% of the Contract's value
in  each  such  account  per  day.

MORTALITY AND EXPENSE RISK CHARGE

There  will  be  a Mortality and Expense Risk Charge deducted from the values in
the  subaccount(s)  on  a daily basis. The charge is .0024819% of the Contract's
value  in  each  such  account  per  day.

RECORDS MAINTENANCE CHARGE

If the Accumulated Value is less than $50,000 on a Contract Anniversary, We will
deduct  $30.00 proportionally from the values in each subaccount and the General
Account  on  such  date.

PREMIUM TAX

If  any  premium tax is payable by Us on this Contract, the tax will be deducted
from  each  premium.

TAXES

If  at any time We incur any tax liability resulting from the assets held by the
Variable  Annuity  Account,  We  may charge the Variable Annuity Account for the
tax.

                                                                         Page 14

<PAGE>
                            GENERAL PROVISIONS

THE CONTRACT

We  have issued this Contract in consideration of the Application and payment of
the  initial premium. The Contract with the Application attached make the entire
contract. No statement made by You or on your behalf shall be used in defense of
a claim under the Contract unless it is made with the intent to commit fraud and
it  is  contained  in  the  written  Application.

CHANGES TO THE CONTRACT

This  Contract may be changed in writing by mutual agreement between You and the
Company.  Only  the  President, a Vice President, the Secretary, or an Assistant
Secretary  of  our  Company  is  authorized  to change or waive the terms of the
Contract.

EFFECTIVE DATE

The  Effective  Date will be within two (2) business days after the full initial
premium and completed Application have been received at our Home Office. You may
request  a  premium  receipt  signed  by  the  President,  a Vice President, the
Secretary,  or  an  Assistant  Secretary  of  our Company. No coverage will take
effect  until  the  check  or  draft  for  the  premium  is  honored.

CONTRACT DATE

The  Contract  Date  will  be  used  to  determine  Contract  Months,  Contract
Anniversaries,  Contract Years, and age of the Annuitant. The Contract Date will
be  the  same as the Effective Date unless the Effective Date is the 29th, 30th,
or  31st  of  the month, in which case the Contract Date will be the 28th of the
month.

MISSTATEMENTS

If  the  Annuitant's  age  or sex has been misstated on the Application, We will
recalculate  the  Annuity  Benefit  to that which the premium(s) paid would have
established  had  the  Annuitant's  age  or  sex  been  correctly  stated.

CONTRACT EXPIRATION

This Contract may expire without value prior to the Maturity Date depending upon
the amount You allocate to the General Account and the investment performance of
the subaccount(s).

                                                                         Page 15

<PAGE>

                         GENERAL PROVISIONS (Continued)

ASSIGNMENT

You  may  assign  this  Contract. We are not responsible for the adequacy of any
assignment.  When  an  assignment  is  filed with and recorded by Us at our Home
Office,  your  rights  and  those  of  the  Beneficiary  will  be subject to it.

RIGHT TO DEFER PAYMENT

We  will  ordinarily  pay  any  amount payable as a result of surrender or death
within  seven (7) days after We receive a written request in a form satisfactory
to  Us.

Payment of any Cash Value or Death Benefit may be deferred:

     a)  for  any  period during which the New York Stock Exchange is closed for
         trading  (except  for  normal  holiday  closing);  or

     b)  when the Securities and Exchange Commission has determined that a state
         of  emergency  exists  which  may  make  such  payment  impractical;

     c)  for up to six (6) months from receipt of request for surrender or proof
         of  death,  if  based  on  Contract  values not dependent on the
         investment performance  of  a  separate  account.

Transfers may also be deferred for the same reasons as given above.

If  a recent check or draft has been submitted to Us on this Contract, We have a
right  to  defer  any payment of Cash Value or Death Benefit until such check or
draft  has  been  honored.

REPORTS TO OWNER

ANNUAL  REPORT OF CONTRACT VALUES - You will receive an Annual Report at the end
of  each Contract Year. This Report will show your Accumulated Value, Cash Value
and  Death Benefit as of your current Contract Anniversary. It will also reflect
any  additional  premium  payment(s),  any partial surrender(s), and any charges
made  during  the  year.

ANNUAL  REPORT OF THE SEPARATE ACCOUNT - You will also receive annually a report
on  the Variable Annuity Account. This report will include the investment record
of  the  subaccounts,  any  charges  made,  and  any changes to the subaccounts.

                                                                         Page 16

<PAGE>
                                 OWNERSHIP

CHANGE OF OWNER AND CONTINGENT OWNER

You  may  name  a  new  Owner or choose or change a Contingent Owner at any time
while  the Annuitant is alive by filing a written notice with our Home Office. A
Contingent  Owner is the one who will become the Owner of the Contract if You do
not  survive  the  Annuitant. The change will take effect on the date the notice
was  signed.  The  naming  of  a  new  Owner  will  automatically void any prior
designations.  We will not be liable for any payment which may have been made or
action taken before the notice is recorded at our Home Office. If all Owners and
Contingent  Owners  die  before the Annuitant, the rights of the Owner belong to
the  estate  of  the  last  known  living  Owner/Contingent  Owner.

CHANGE OF BENEFICIARY

You  may  change  the  Beneficiary  by filing a written notice with Us while the
Annuitant  is living. A Beneficiary named irrevocably may not be changed without
the written consent of that Beneficiary. When recorded by Us at our Home Office,
the change will take effect on the date the notice was signed. Any Death Benefit
paid  before  We  record  a  change  of  Beneficiary will not be subject to that
change.

                          BENEFICIARY PROVISIONS

BENEFICIARY DESIGNATION

The  Beneficiary  will be as shown in the Application unless changed as provided
in  this  Contract.  If  the Beneficiary is a partnership and the Annuitant dies
before  the  Maturity Date, the Death Benefit will be paid to the partnership as
it  existed when the Annuitant died. If no Beneficiary has been named, You shall
be  the  Beneficiary.

If the Beneficiary dies within thirty (30) days after the Annuitant, and We have
not  yet  paid the Death Benefit, it will be paid as if the Beneficiary had died
first.

                                                                         Page 17

<PAGE>

                             PAYMENTS ON DEATH

DEATH OF ANNUITANT

If  the  Annuitant  dies  before  to the Maturity Date and this Contract has not
expired  or  been surrendered, We will pay to the Beneficiary the greater of the
premium(s) paid less any partial surrenders, or the Accumulated Value calculated
on  the  date We receive proof of death. This amount will be paid in a lump sum.

If  the Annuitant dies on or after the Maturity Date and payments are contingent
upon the Annuitant's living, all payments will cease as of the date of death. If
the  Annuitant  dies  during a Period Certain, We will continue to make the same
payments  until  the  end  of  that  period.

DEATH OF OWNER

On  a nonqualified Contract, if the Owner is not the Annuitant and dies prior to
both  the  Maturity  Date  and  the  Annuitant's  death,  We will surrender this
Contract to the new Owner. The amount will be the Cash Value of this Contract on
the  date  We  receive proof of death. The new Owner will be as described in the
Ownership  provision.  If the new Owner is not the surviving spouse, We will pay
the  Cash Value in a lump sum. If the new Owner is the Owner's surviving spouse,
then  no  payment  is  required  until  the  death  of  the  surviving  spouse.

PROOF OF DEATH

The  amount  payable  on  death  will  be paid when We receive due proof of such
death.  Such  proof must be submitted to Us at our Home Office. Claim forms will
be  made  available  upon  request.  All  payments by Us are payable at our Home
Office  or  by  mail  from  our  Home  Office.

Any  assignment made on this Contract prior to the Maturity Date will be paid to
the assignee first in a lump sum. Any balance payable by Us will then be paid as
indicated.

PROTECTION OF DEATH BENEFIT

Except  as permitted by law, no payment of the Death Benefit or interest thereon
will be subject to the claim of creditors of the Beneficiary or to legal process
against  the  Beneficiary.

                                                                         Page 18

<PAGE>
                       ANNUITY INCOME OPTION CONDITIONS

The Annuity Benefit payable on the Maturity Date may be applied under one of the
Annuity Income Options shown below.

If  this  Contract  is  assigned  prior to the Maturity Date, We will pay to the
assignee  in  one sum the amount to which he is entitled. We will then apply any
balance  payable  to  the  chosen  Annuity  Income  Option.

Any  amount  payable  under  an  Annuity  Income  Option  will be subject to the
following  conditions:

     a)   The  effective  date  of an Annuity Income Option will be the Maturity
          Date.

     b)   Annuity  Income  Options  will  not  be  available if the amount to be
          applied  is  less  than  $5,000  or is insufficient to produce monthly
          payments  of  at  least  $100.

     c)   The  amount  of installment payments will be determined by the age and
          sex  of  the  Annuitant  on  the  Maturity  Date.

     d)   We  may  require  evidence  the  Annuitant  is  alive on any scheduled
          payment  date  before  the  payment  is  made.

                        ANNUITY INCOME OPTIONS AVAILABLE

The Accumulated Value of this Contract may be applied under one of the following
Options:

Option 1.  INSTALLMENTS FOR LIFE WITH A 10-YEAR PERIOD CERTAIN

The  amount  will  be  paid  in  equal installments to the Owner, as long as the
Annuitant is living. If the Annuitant dies before the end of the Period Certain,
We  will  continue  to  pay  the remaining installments to the Owner in the same
manner  until  the  end  of  that  period.

Option 2.  INSTALLMENTS FOR LIFE

The  amount  will be paid in equal installments to the Owner only as long as the
Annuitant  is  living.

Option 3.  OTHER ANNUITY INCOME OPTIONS

Other Annuity Income Options may be available at the time a form of payment is
elected.

                                                                         Page 19

<PAGE>
  OPTION 1.  MONTHLY INSTALLMENTS FOR LIFE WITH A 10-YEAR PERIOD CERTAIN
                      Per $1,000 of Accumulated Value

Age  Male  Female      Age   Male  Female      Age   Male  Female

0    3.10   3.05        34   3.71   3.54        68   6.54   5.91
1    3.11   3.06        35   3.74   3.56        69   6.71   6.07
2    3.12   3.07        36   3.78   3.59        70   6.87   6.23
3    3.13   3.08        37   3.82   3.62        71   7.05   6.40
4    3.14   3.08        38   3.86   3.65        72   7.22   6.58
5    3.15   3.09        39   3.90   3.69        73   7.40   6.76
6    3.16   3.10        40   3.94   3.72        74   7.57   6.95
7    3.17   3.11        41   3.99   3.76        75   7.75   7.14
8    3.18   3.12        42   4.04   3.80        76   7.92   7.34

9    3.19   3.13        43   4.09   3.84        77   8.09   7.54
10   3.21   3.14        44   4.14   3.88        78   8.26   7.74
11   3.22   3.15        45   4.20   3.92        79   8.42   7.94
12   3.23   3.16        46   4.25   3.97        80   8.57   8.13
13   3.24   3.17        47   4.31   4.02        81   8.71   8.32
14   3.26   3.18        48   4.38   4.07        82   8.85   8.50
15   3.27   3.19        49   4.44   4.12        83   8.97   8.67
16   3.29   3.20        50   4.51   4.18        84   9.09   8.83

17   3.30   3.22        51   4.58   4.24        85   9.20   8.97
18   3.32   3.23        52   4.66   4.30        86   9.29   9.10
19   3.34   3.24        53   4.74   4.36        87   9.38   9.22
20   3.35   3.26        54   4.82   4.43        88   9.46   9.32
21   3.37   3.27        55   4.91   4.51        89   9.53   9.41
22   3.39   3.29        56   5.00   4.58        90   9.59   9.48
23   3.41   3.30        57   5.10   4.66        91   9.64   9.55
24   3.43   3.32        58   5.20   4.75        92   9.68   9.61

25   3.46   3.34        59   5.31   4.84        93   9.72   9.66
26   3.48   3.36        60   5.42   4.93        94   9.75   9.70
27   3.50   3.38        61   5.54   5.03        95   9.78   9.73
28   3.53   3.40        62   5.67   5.14        96   9.80   9.76
29   3.56   3.42        63   5.80   5.25        97   9.81   9.79
30   3.58   3.44        64   5.94   5.37        98   9.82   9.80
31   3.61   3.46        65   6.08   5.50        99   9.83   9.82
32   3.64   3.48        66   6.23   5.63       l00   9.83   9.82
33   3.67   3.51        67   6.38   5.77

                                                                         Page 20

<PAGE>
            OPTION 2.  MONTHLY INSTALLMENTS FOR LIFE
                      Per $1,000 of Accumulated Value

Age   Male  Female      Age   Male  Female      Age   Male   Female

0    3.10   3.05        34   3.71   3.54        68    7.02    6.13
1    3.11   3.06        35   3.75   3.57        69    7.26    6.32
2    3.12   3.07        36   3.79   3.60        70    7.52    6.53
3    3.13   3.08        37   3.83   3.63        71    7.80    6.75
4    3.14   3.08        38   3.87   3.66        72    8.09    6.99
5    3.15   3.09        39   3.91   3.69        73    8.41    7.26
6    3.16   3.10        40   3.96   3.73        74    8.75    7.54
7    3.17   3.11        41   4.01   3.76        75    9.12    7.85
8    3.18   3.12        42   4.06   3.80        76    9.51    8.18

9    3.20   3.13        43   4.11   3.84        77    9.92    8.54
10   3.21   3.14        44   4.17   3.89        78   10.37    8.94
11   3.22   3.15        45   4.22   3.93        79   10.85    9.36
12   3.23   3.16        46   4.29   3.98        80   11.37    9.82
13   3.25   3.17        47   4.35   4.03        81   11.92   10.32
14   3.26   3.18        48   4.42   4.08        82   12.50   10.87
15   3.28   3.19        49   4.49   4.14        83   13.12   11.46
16   3.29   3.20        50   4.56   4.20        84   13.78   12.09

17   3.31   3.22        51   4.64   4.26        85   14.47   12.78
18   3.32   3.23        52   4.72   4.32        86   15.20   13.52
19   3.34   3.24        53   4.80   4.39        87   15.98   14.31
20   3.36   3.26        54   4.89   4.46        88   16.79   15.16
21   3.38   3.27        55   4.99   4.54        89   17.66   16.05
22   3.40   3.29        56   5.09   4.62        90   18.58   17.00
23   3.42   3.31        57   5.20   4.71        91   19.56   17.98
24   3.44   3.32        58   5.32   4.80        92   20.61   19.01

25   3.46   3.34        59   5.44   4.90        93   21.74   20.08
26   3.48   3.36        60   5.57   5.00        94   22.97   21.18
27   3.51   3.38        61   5.71   5.11        95   24.29   22.34
28   3.53   3.40        62   5.86   5.23        96   25.73   23.55
29   3.56   3.42        63   6.02   5.36        97   27.30   24.84
30   3.59   3.44        64   6.20   5.49        98   29.05   26.25
31   3.62   3.46        65   6.38   5.64        99   30.99   27.82
32   3.65   3.49        66   6.58   5.79       l00   33.16   29.59
33   3.68   3.51        67   6.79   5.95

                                                                         Page 21

<PAGE>
                           BASIS OF CALCULATIONS

GENERAL ACCOUNT CALCULATIONS

The  1983a  Individual  Annuity  Mortality  Table  will be used to establish the
reserves  and  Cash  Values  of  the  General  Account.

The  reserves  under this Contract are not less than the minimum required by the
insurance  laws  of the State in which this Contract has been issued. A detailed
statement  of  the  method  of  calculation  of reserves has been filed with the
insurance  official  of  the  State  in  which  the  Contract  is  delivered.

VARIABLE ANNUITY ACCOUNT CALCULATIONS

The  method  used  in computing reserves and Cash Values in the Variable Annuity
Account  is  in accordance with actuarial procedures that recognize the variable
nature  of  the  Account.
                                                                         Page 22

<PAGE>

                      CALCULATION OF ACCUMULATED VALUE

HOW ACCUMULATED VALUE IS CALCULATED

On the Effective Date, the Accumulated Value equals the initial net premium. The
Accumulated Value of the Contract can thereafter be determined on each Valuation
Date  as  follows:

     a)   The  Accumulated  Value  on  the  prior  Valuation  Date;  plus

     b)   The  sum  of  the following (which may be positive or negative for the
          Valuation  Period):

          1)   The  total  net  investment experience of the Contract's value in
               the  elected  subaccount(s).  For  each  subaccount,  the  net
               investment  experience  is the Contract's value in the subaccount
               as of the prior Valuation Date times the percentage change in the
               net  asset  value  of  the  shares  of the designated fund. It is
               adjusted  for any distributions made during the Valuation Period;

          2)   Interest  on  the  Contract's  value  allocated  to  the  General
               Account;

          3)   Any  charge  for  tax liability resulting from assets held by the
               Variable  Annuity  Account;

          4)   Contract  Administration  Charges;

          5)   Mortality  and  Expense  Risk  Charges;

          6)   Any  Records  Maintenance  Charge

          7)   Premiums  received  less  premium  taxes  deducted;  and

          8)   Any  charge  for  transfers.

                                                                         Page 23

<PAGE>
ACCOUNTING PROCEDURES:

The  Contract's value in the General Account is maintained in dollars and cents.

The  Contract's value in each subaccount is maintained in units. A unit value is
determined  for  each  Valuation Date. The Contract's value in any subaccount is
the  number  of  units  times  the  unit  value.

Changes  in  the  net  asset  value of the designated fund, distributions of the
fund,  and  tax charges, if any, with respect to a fund for the Valuation Period
are  taken  into  account  in  computing  the  unit  value  for each subaccount.

Administration Charges and Mortality and Expense Risk Charges are accounted for
by a deduction each Valuation Period from the unit values.

All  additions  to  or deductions from a subaccount are made on the basis of the
unit value as of the end of the Valuation Period for which the transaction is to
be  effective.

                                                                         Page 24

<PAGE>
                   INDIVIDUAL RETIREMENT PROVISION

If  requested  on  the  Application,  this  Contract  may  be used as a means of
establishing  an  Individual  Retirement Annuity as defined in Section 408(b) of
the Internal Revenue Code. To ensure favorable tax treatment if such a selection
is  made,  this  Contract  will  be  subject  to  the  following  restrictions:

     a)   The  Owner  must  be  the  Annuitant.

     b)   The  Owner  may  not  name  a  new Owner or a Contingent Owner to this
          Contract.

     c)   Annuity  Payments  must  begin  no  later  than  April 1 following the
          calendar  year  in  which  the  Annuitant  attains  age  70-1/2.

     d)   An  Annuity  Payment schedule may not be elected with a Period Certain
          which  will  guarantee  Annuity Payments beyond the life expectancy of
          the  Annuitant  and  Beneficiary.

     e)   The  Contract  may  not be transferred, sold, assigned, discounted, or
          pledged as collateral for a loan or as security for the performance of
          an  obligation  or for any other purpose to any person other than as a
          surrender  to  the  Company.

     f)   Premiums,  other than qualified rollover contributions, are limited to
          the  amount  allowed  in  Section 408(b) of the Internal Revenue Code.

Annuity  payments  may  not begin before the Annuitant attains the age of 59-1/2
without  incurring  a  penalty tax except in the situations described in Section
72(t)  of  the  Internal  Revenue  Code.

Notwithstanding  the  provisions  of  this Contract, the above restrictions will
apply  if  this  provision  is  applicable.

                                                                         Page 25

<PAGE>

<TABLE>
<CAPTION>

<S>     <C>
                                                       SINGLE PREMIUM VARIABLE
                                                          DEFERRED ANNUITY

          Right to Make Additional Premium Payments Under Limited Conditions. We Will Pay an Annuity Subject to
          the Provisions of this Contract Beginning on the Maturity Date Specified on Page 2. The Cash Value May
            Increase or Decrease in Accordance With the Experience of the Separate Account. Death Benefits are
          Provided Under this Contract Prior to the Maturity Date. Annuity Benefits Are Not Guaranteed as to Dollar
               Amounts Prior to the Maturity Date. Annuity Income Options Are Available. Nonparticipating
          10-Day Right to Examine Contract - You may return this Contract to Us or to our Agent for any reason within
          ten days after it is received. Upon receipt of the Contract, We will return the premium plus or minus any
                         investment experience. The Contract will be void as of the Contract Date.
       If You have any questions concerning this Contract or if anyone suggests that You change or replace this Contract,
                     please contact your Charter National Life Agent or the Home Office of the Company.

                                             CHARTER NATIONAL LIFE INSURANCE COMPANY
                                        8301 MARYLAND AVENUE o SAINT LOUIS, MISSOURI 63105

</TABLE>Exhibit

                                                

Infoblox Inc.
3111 Coronado Drive
Santa Clara, CA 95054

        
November 19, 2015

Janesh Moorjani

Dear Janesh,

I am pleased to offer you a position with Infoblox Inc. (the “Company”) as Executive Vice President and Chief Financial Officer. This position reports to Jesper Andersen, President and Chief Executive Officer, and will be based in our Corporate offices in Santa Clara, California.

While you render services to the Company, you will not engage in any other employment, consulting or other business activity that would create a conflict of interest with the Company.  We also ask that, if you have not already done so, you disclose to the Company any and all agreements relating to your prior employment that may affect your eligibility to be employed by the Company or limit the manner in which you may be employed.  It is the Company’s understanding that any such agreements will not prevent you from performing the duties of your position and you represent that such is the case.

We have structured an offer package for you that consist of the following components.  The Company reserves the right to change or otherwise modify, in its sole discretion, the following terms of employment:

		
	1.
	Salary:  You will receive an annual salary of $430,000 less payroll deductions and all required withholdings, which will be paid semi-monthly in accordance with the Company's normal payroll procedures.  This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time.

		
	2.
	Bonus Opportunity: In addition, you will be eligible to receive a non-guaranteed, discretionary quarterly bonus with a target of 60% of eligible earnings.  80% of the payment of the bonus will be paid quarterly and is dependent upon attainment of internal quarterly company goals (pro-rated for the current period).  20% will be dependent upon satisfactory completion of your annual MBO’s tied to executive team objectives which will be provided to you in advance.  This MBO portion is paid annually.  The bonus will be paid in the next available payroll after the Company’s books have been closed for the quarter and/or fiscal year as appropriate.  To be eligible for payment you must be actively employed at the time of payment.  Please note that no payouts are guaranteed and that the plan may be amended, terminated or replaced from time-to-time, with or without notice, by the Company’s Compensation Committee.

		
	3.
	Performance Bonus:  Infoblox will provide you with a performance bonus in the amount of $400,000, less payroll deductions and required withholdings, with one-half payable upon your commencement of employment and the other one-half to be earned upon completion of milestones to be mutually agreed within 60 days of your start date and payable on the first anniversary of your continuous employment.  You agree that if you voluntarily leave the Company within one year from your employment commencement date, you will forfeit such performance bonus and will reimburse the Company the total performance bonus amount previously paid to you. 

1

		
	4.
	Equity: We will recommend the following to the Board of Directors of the Company (the “Board”), pursuant to the terms and conditions set forth in the Company’s 2012 Equity Incentive Plan (the “Equity Plan”): 

		
	•
	Restricted Stock Units: An award of one hundred fifty thousand (150,000) Restricted Stock Units (“RSUs”).  Twenty-five percent (25%) of the RSUs will vest on the 15th of the month following the anniversary of the grant date.  The remaining seventy-five percent (75%) of the RSUs will vest on a semi-annual basis over the following three years. 

Vesting is contingent on your continued service to the Company or its subsidiaries.  Grants and awards are subject to approval by the Board or a committee appointed by the Board.  As such, this letter is not intended to create any obligation on the part of the Company.  Further details on the Equity Plan and any specific grant or award to you will be provided following approval by the Board or Board committee.

		
	5.
	Employee Stock Purchase Plan (ESPP):  In accordance with the 2012 Employee Stock Purchase Plan, you may also be eligible to participate in the Company’s ESPP during the next enrollment period after your hire date.   Enrollment periods are June 1 - 20 and December 1 - 20.   Advance notification will be provided.

		
	6.
	Change in Control / Severance:  You are also being offered the Company’s standard Change In Control Severance Agreement for Executive Vice Presidents, which is being provided under separate cover.  

		
	7.
	Tax Matters - Withholding:  All forms of compensation referred to in this letter are subject to reduction to reflect applicable withholdings and payroll taxes, and other deductions required by law.

		
	8.
	Tax Advice:  You are encouraged to obtain your own tax advice regarding your compensation from the Company.  You agree that the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you will not make any claim against the Company or the Board related to tax liabilities arising from your compensation.

		
	9.
	Proprietary Information and Inventions Agreement:  Like all Company employees, you will be required, as a condition of your continued employment with the Company, to adhere to the Company’s standard Proprietary Information and Inventions Agreement. 

		
	10.
	Benefits:  As a U.S. company employee, you will be eligible to enroll for all standard benefits according to the Company’s U.S. benefits plans beginning first of the month or first of the month following date of hire.  Standard benefits include:  vacation, sick leave, holidays, medical/dental/vision insurance, life insurance, disability insurance, 401(k) plan, and Section 125 cafeteria plan for those employees with full-time status (30 hours or more).   For offers of employment less than 30 hours per week a benefits plan will be provided separately.

		
	11.
	At-Will Employment:  While we look forward to a long and profitable relationship, should you decide to accept our offer, you will be an at-will employee of the Company, which means the employment relationship can be terminated by either of us for any reason, at any time, with or without prior notice and with or without cause.  Any statements or representations to the contrary (and, indeed, any statements contradicting any provision in this letter) should be regarded by you as ineffective.  Further, your participation in any stock or benefit program is not to be regarded as assuring you of continuing employment for any particular period of time.  Any modification or change in your at will employment status may only occur by way of a written employment agreement signed by you and the Chief Executive Officer of the Company.

		
	12.
	Interpretation, Amendment and Enforcement:  This letter agreement and documents referenced herein constitute the complete agreement between you and the Company, contain all of the terms of your employment with the Company and supersede any prior agreements, representations or understandings (whether written, oral or implied) between you and the Company.  This letter agreement may not be amended or modified, except by an express written agreement signed by both you and a duly authorized officer of the Company.       

		
	13.
	Reference/Background Checks:  This offer is contingent upon a satisfactory verification of references, criminal, education, driving and/or employment background.  To expedite this process you are required to complete an application form and reference/background check authorizations.  This offer can be rescinded at any time based upon data received in the verification, in the sole judgment of the Company.

2

		
	14.
	Confidentiality:  As an employee of the Company, you will have access to certain confidential information of the Company and you may, during the course of your employment, develop certain information or inventions that will be the property of the Company.  To protect the interests of the Company, you will need to sign the Company's standard "Proprietary Information and Inventions Agreement" as a condition of your employment.  A copy of the standard Proprietary Information and Inventions Agreement is enclosed for your review and signature.

We wish to impress upon you that we do not want you to, and we hereby direct you not to bring with you any confidential or proprietary material of any former employer or to violate any other obligations you may have to any former employer.  During the period that you render services to the Company, you agree to not engage in any employment, business or activity that is in any way competitive with the business or proposed business of the Company.  You will disclose to the Company in writing any other gainful employment, business or activity that you are currently associated with or participate in that competes with the Company.  You will not assist any other person or organization in competing with the Company or in preparing to engage in competition with the business or proposed business of the Company.  You represent that your signing of this offer letter, the Company's Proprietary Information and Inventions Agreement and any other agreements with the Company, and your commencement of employment with the Company will not violate any agreement currently in place between yourself and current or past employers.

		
	15.
	Arbitration:  You and the Company agree to submit to mandatory binding arbitration any and all claims arising out of or related to your employment with the Company and the termination thereof, including, but not limited to, claims for unpaid wages, wrongful termination, torts, stock or stock options or other ownership interest in the Company, and/or discrimination (including harassment) based upon any federal, state or local ordinance, statute, regulation or constitutional provision except that each party may, at its, his or her option, seek injunctive relief in court related to the improper use, disclosure or misappropriation of a party’s proprietary, confidential or trade secret information.  All arbitration hearings shall be conducted in Santa Clara County, California.  THE PARTIES HEREBY WAIVE ANY RIGHTS THEY MAY HAVE TO TRIAL BY JURY IN REGARD TO SUCH CLAIMS.  This Agreement does not restrict your right to file administrative claims you may bring before any government agency where, as a matter of law, the parties may not restrict the employee’s ability to file such claims.  However, the parties agree that, to the fullest extent permitted by law, arbitration shall be the exclusive remedy for the subject matter of such administrative claims.  The arbitration shall be conducted through JAMS before a single neutral arbitrator in accordance with the JAMS employment arbitration rules then in effect (“JAMS rules”). The JAMS rules may be found and reviewed at http://www.jamsadr.com/rules-employment-arbitration. If you are unable to access these rules, please let me know and I will provide you with a hardcopy. The arbitrator shall issue a written decision that contains the essential findings and conclusions on which the decision is based.

		
	16.
	Governing Law:  The terms of this letter agreement and the resolution of any disputes as to the meaning, effect, performance or validity of this letter agreement or arising out of, related to, or in any way connected with, this letter agreement, your employment with the Company or any other relationship between you and the Company (the “Disputes”) will be governed by California law, excluding law relating to conflicts or choice of law.  You and the Company submit to the exclusive personal jurisdiction of the federal and state courts located in Santa Clara County, California in connection with any Dispute or any claim related to any Dispute.  

		
	17.
	Authorization to Work:  Please note that because of employer regulations adopted in the Immigration Reform and Control Act of 1986, within three (3) business days of starting your new position you will need to present documentation demonstrating that you have authorization to work in the United States.  If you have questions about this requirement, which applies to U.S. citizens and non-U.S. citizens alike, please contact me.

3

To indicate your acceptance of the Company's offer, please sign and date this letter in the space provided below, along with a signed Proprietary Information Agreement, and return it to me.   Your anticipated hire date is January 4, 2016.

This offer letter will expire if not accepted and signed by November 30, 2015.

We look forward to your joining Infoblox and believe that you will find this organization to be a truly exciting and fulfilling place to work!

Sincerely,

/s/ Norma Lane    
Norma Lane
Executive Vice President, Human Resources

I have read and understood this offer letter and hereby acknowledge, accept and agree to the terms as set forth above and further acknowledge that no other commitments were made to me as part of my employment offer except as specifically set forth herein:
    

/s/ Janesh Moorjani                                
Janesh Moorjani                                                           Date: November 30, 2015    

January 4, 2016
Start Date 

4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}]]