Document:

Maximum Anniversary Value Death Benefit Rider

  

  

  

  

  This rider forms a part of the Base Contract to which it is attached and is effective on the Issue Date shown on the Maximum
    Anniversary Value Death Benefit Contract Schedule. Defined terms and contractual provisions are set forth in the Base Contract or are added in this rider. This is a first-to-die rider that terminates as indicated under the Termination of this Rider
    section.

  

  

  This rider references Advisory Fees. Please defer to your Base Contract to determine if references to Advisory Fees apply.

  

  

  Definitions

  

  

  

  

  Base Contract

  The contract to which this rider is attached.

  

  

  Daily Transactions

  On each Business Day, any Additional Purchase Payments received, Partial Withdrawals taken, including any
    Withdrawal Charge, credits applied, and Contract Charges and Advisory Fees, if any, deducted.

  

  

  End Date

  The End Date occurs on the earlier of:

  
    	
            •

          	
            the Business Day we receive the first Valid Claim from any one Beneficiary; or

          

  

  
    	
            •

          	
            the older Determining Life’s Maximum Anniversary Value Death Benefit
              Maximum Birthday shown on the Maximum Anniversary Value Death Benefit Contract Schedule.

          

  

  

  

  Determining Life (Lives)

  The person(s) on whose life (lives) we base the Maximum Anniversary Value Death Benefit. We establish the
    Determining Life (Lives) on the Issue Date.

  

  

  On the Issue Date:

  
    	
            •

          	
            If the Base Contract is solely owned, the Determining Life is the Owner.

          

  

  
    	
            •

          	
            If the Base Contract is owned by a non-individual, the Determining Life is the Annuitant.

          

  

  
    	
            •

          	
            If the Base Contract is jointly owned and the Joint Owners are Spouses, the Determining Lives are the Joint Owners.

          

  

  

  

  After the Issue Date, if a Determining Life (Lives) is no longer a Spouse of the Owner or Joint Owner, we will remove that
    person from this rider. If you add or change a Joint Owner, that person will become a Determining Life if they are the current Spouse of an existing Owner.

  

  

  For jointly owned non-qualified contracts, if you establish a trust and change ownership to the trust, the prior Joint
    Owner who is not the Annuitant no longer qualifies as a Determining Life and we remove him or her as such from this rider.

  

  

  Maximum Anniversary Value

  A calculation we use in determining the Maximum Anniversary Value Death Benefit.

  
    
      	
              S40897-01

            

      	 

      	
              [Admin. Tracking Identifier]

            

      

      

    

    
      

    

  

  

  

  Death Benefit

  

  

  

  

  The following is replacing the “Death Benefit”
      provision of the Base Contract. If this rider terminates, the original “Death Benefit” provision in the Base Contract applies.

  

  

  Maximum Anniversary Value Death Benefit

  The Maximum Anniversary Value on the Issue Date is equal to the initial Purchase Payment received on the Issue Date.

  

  

  At the end of each Business Day we:

  
    	
            •

          	
            increase the Maximum Anniversary Value by the amount of any Additional Purchase Payments received that day, and

          

  

  
    	
            •

          	
            reduce the Maximum Anniversary Value proportionately by the percentage of Contract Value withdrawn that day as a Partial Withdrawal,
              including any Withdrawal Charge.

          

  

  

  

  If the Index Effective Date occurs after the Issue Date, the Maximum Annviersary Value on the Index Effective Date is
    calculated in the same way as on the Index Anniversary.

  

  

  On each Index Anniversary before the End Date, or on the next Business Day if the Index Anniversary is not on a Business Day, the Maximum
    Anniversary Value is equal to the greater of:

  
    	
            (a)

          	
            its current value after processing any Additional Purchase Payments or Partial Withdrawals; or

          

  

  
    	
            (b)

          	
            the Contract Value after processing any Daily Transactions.

          

  

  

  

  We no longer make this comparison on or after the End Date.

  

  

  During the Accumulation Phase, if you (the Owner, or Annuitant if the Owner is a non-individual) are a
    Determining Life and you die, or if you die within 120 hours of a Determining Life (Lives), the Maximum Anniversary Value Death Benefit is equal to the greater of

  (a) or (b).

  
    	
            (a)

          	
            The Contract Value minus any final Contract Charges except the Contract Maintenance Charge.

          

  

  
    	
            (b)

          	
            The Maximum Anniversary Value.

          

  

  
    	
            •

          	
            For a sole Beneficiary, we determine (b) at the end of the Business Day we receive a Valid Claim from the Beneficiary.

          

  

  
    	
            •

          	
            For multiple Beneficiaries, we determine (b) for each surviving
                Beneficiary’s portion of the Maximum Anniversary Value Death Benefit at the end of the Business Day we receive the first Valid Claim from any one Beneficiary. We determine (a) for each surviving Beneficiary’s portion of the Maximum Anniversary Value Death Benefit as of the end of the Business Day we receive the Beneficiary’s Valid
              Claim.

          

  

  

  

  However, if you (the Owner, or Annuitant if the Owner is a non-individual) and the Determining Life (Lives) are different
    individuals:

  
    	
            •

          	
            If any Determining Life dies before you, we compare (a) and (b) determined at the end of the Business Day we receive due proof of a Determining Life’s death. If (a) is less than (b), we increase (a) to equal (b). The difference between (a) and (b) will be placed in the Interim Fund(s). On the next Index Anniversary, we then
              allocate the Variable Account Value in the Interim Fund(s), among your selected Index Options according to your allocation instructions.

          

  

  
    	
            •

          	
            If you die before a Determining Life, the Maximum Anniversary Value Death Benefit is unavailable and instead your Beneficiary(s) will
              receive the Death Benefit described in the Base Contract.

          

  

  

  

  Any part of the Death Benefit that is in the subaccounts remains there until distributed. The following is added to the “Continuation of Contract by the Surviving Spouse” provision.

  If at the end of the Business Day that the contract continues, (b) is greater than (a), the difference
    between (b) and (a) will be placed in the Interim Fund(s). On the next Index Anniversary, we then allocate the Contract Value in the Interim Fund(s), among the selected Index Options according to your allocation instructions.

  
    
      	
              S40897-01

            

      	 

      	
              [Admin. Tracking Identifier]

            

      

      

    

    
      

    

  

  

  

  Ownership

  

  

  

  

  The following is added to the “Assignment of this Contract” and “Change of Ownership” provisions of the Base Contract.

  

  

  Assignment of this Contract

  An assignment does not change any Determining Life, except as described under the definition of “Determining Life (Lives)”.

  

  

  Change of Ownership

  A change of ownership does not change any Determining Life, except as
    described under the definition of “Determining Life (Lives)”.

  

  

  General Provisions

  

  

  

  

  The following is added to the “Misstatement of Age or
    Gender” provision of the Base Contract.

  Misstatement of Age or Gender

  Before Annuity Payments begin, if there is a misstatement of the Age of any Owner or Annuitant and
    this rider was issued after the Rider Maximum Issue Age, we will void this rider and issue any riders that would have been issued had this rider not been selected. The Rider Maximum Issue Age is shown on the Maximum Anniversary Value Death Benefit
    Contract Schedule.

  

  

  Contract Charges

  

  

  

  

  The following is added to the “Product Fee” provision of the Base Contract.

  

  

  The Rider Fee for this rider is shown on the Maximum Anniversary Value Death Benefit Contract Schedule. The Rider Fee is
    assessed and deducted in the same manner as the Product Fee described in the Base Contract. The Rider Fee applies even if your Contract does not have a Product Fee.

  

  

  We will no longer charge the Rider Fee for this rider on the earlier of the Business Day:

  
    	
            •

          	
            this rider terminates; or

          

  

  
    	
            •

          	
            we receive the first Valid Claim from any one Beneficiary, or due proof of a Determining Life’s death, if you and the Determining Life are different individuals and the Determining Life predeceases you.

          

  

  

  

  Termination of this Rider

  

  

  

  

  This rider terminates on the earliest of the following.

  
    	
            •

          	
            The Business Day that (a) and (b) are both zero.

          

  

  
    	
            •

          	
            The Business Day before the Annuity Date.

          

  

  
    	
            •

          	
            Upon the death of a Determining Life, the end of the Business Day we receive a Valid Claim from all Beneficiaries, if the Determining
              Life is the Owner (or Annuitant if the Owner is a non-individual) or if the Determining Life dies simultaneously with the Owner.

          

  

  
    	
            •

          	
            Upon the death of a Determining Life, the end of the Business Day we receive an Authorized Request of due proof of the Determining Life’s death, if the Determining Life is no longer an Owner (or Annuitant if the Owner is a non-individual).

          

  

  
    	
            •

          	
            Upon the death of an Owner (or Annuitant if the Owner is a non-individual), the end of the Business Day we receive the first Valid Claim from any one
              Beneficiary, if the Owner is no longer a Determining Life.

          

  

  
    	
            •

          	
            The Business Day that the Base Contract terminates.

          

  

  
    
      	
              S40897-01

            

      	 

      	
              [Admin. Tracking Identifier]

            

      

      

    

    
      

    

  

  

  

  In all other respects the provisions, conditions, exceptions and limitations contained in the Base
    Contract remain unchanged. Signed for the Company at its home office.

  Allianz Life Insurance Company

  Of North America

  

  

  By: /s/ GRETCHEN CEPEK

  [Gretchen Cepek]

  Secretary

  

  

  By: /s/ JASMINE M. JIRELE

  [Jasmine M. Jirele]

  President and CEO

  

  

  To obtain information, make an inquiry, or for assistance with a complaint, please call our
    toll-free number at [1-800-624-0197].

  
    	
            S40897-01

          

    	 

    	
            [Admin. Tracking Identifier]Performance Lock Rider

  

  

  This rider provides the option to lock in an Index Option Value on an Indexed Option.

  

  

  

  

  This rider forms a part of the Base Contract to which it is attached. The rider is effective on the Index
    Effective Date shown on your Index Options statement.

  

  

  This rider references Withdrawal Charges, Partial MVAs, Contract Charges, and Advisory Fees. Your contract may not include all of these references,
    so please defer to your Base Contract to determine which of these charges or adjustments applies to you.

  

  

  Definitions

  

  

  The following terms are added to the “Definitions” section.

  

  

  Lock Date

  The Business Day that we receive an Authorized Request for a Performance Lock.

  

  

  Term

  The period of time from the Term Start Date to the Term End Date. The Term length is shown on the Index Options Contract
    Schedule and may change as described in the Performance Lock section.

  

  

  Term Start Date

  The day on which a Term begins. A Term Start Date may only occur on the Index Effective Date or an Index Anniversary, except as
    provided in the Performance Lock provision.

  

  

  Performance Lock

  

  

  We process an Authorized Request to exercise a Performance Lock on the Lock Date based on the values at
    the end of the Business Day. The Lock Date may not be a Term End Date. On Index Options where there is no possibility of a negative Performance Credit, we will not process a Performance Lock if the Daily Adjustment is zero. If you exercise a
    Performance Lock, you may receive less than the what you would have received as a Performance Credit on the Term End Date and you may receive less than the full protection of the Floor or Buffer, if applicable.

  You can request a Performance Lock of the current Index Option Value for an unlocked Index Option. Once
    an Index Option Value has been locked:

  
    	
            •

          	
            The locked Index Option will not receive a Performance Credit on the Term End Date;

          

  

  
    	
            •

          	
            You cannot unlock a locked Index Option; and

          

  

  
    	
            •

          	
            The Index Option Value will not change until the earlier of the Business Day that we approve your Early Reallocation Request or the
              Index Anniverary that occurs on or immediately after the Lock Date, unless it is reduced for Withdrawals (including any corresponding Withdrawal Charges or Partial MVAs), Contract Charges, and/or Advisory Fees.

          

  

  

  

  You may reallocate a locked Index Option into the same or a new Index Option(s) to begin a new Term if you provide an Early Reallocation Request
    before the end of the last Business Day before the Early Reallocation Cutoff, if applicable. The Early Reallocation Cutoff is shown on the Index Options Contract Schedule. You may reallocate locked Index Option Values subject to the Early Reallocation
    Maximum shown on the Index Options Contract Schedule. The Early Reallocation Request may include reallocation instructions for more than one locked Index Option. Once you have met the Early Reallocation Maximum, you will not be able to reallocate a
    locked Index Option for the remainder of the Index Year.

  
    
      	
              S40908

            

      	 

      	
              [Admin. Tracking Identifier]

            

      

      

    

    
      

    

  

  

  

  Performance Lock continued from the previous page

  

  

  We process the Early Reallocation Request to reallocate a locked Index Option Value and begin the new
    Term Start Date at the end of the Business Day that we receive your Authorized Request for Early Reallocation Request. The new Term Start Date will be the Business Day that we process your Early Reallocation request. The new Term is equal to the period
    of time between the new Term Start Date and your next Index Anniversary, plus the Term length for your selected reallocation Index Option shown on the Index Options Contract Schedule. On the Term Start Date, the Index Option Base is equal to the Index
    Option Value.

  

  

  If you do not reallocate an Index Option and begin a new Term, then on the Index Anniversary that occurs on or immediately after the Lock Date, we
    set the Index Option Base equal to the Index Option Value and we reallocate the Index Option Value according to your new allocation instructions. If you have not provided new allocation instructions, we will reallocate the Index Option Value into the
    same Index Option with a new Term.

  

  

  Rider Fee

  

  

  There is no fee for this rider.

  

  

  Termination of this Rider

  

  

  This rider terminates on the date the Base Contract terminates.

  

  

  In all other respects the provisions, conditions, exceptions and limitations contained in the contract remain unchanged and
    apply to this rider.

  

  

  Signed for the Company at its home office.

  Allianz Life Insurance Company

  Of North America

  

  

  By: /s/ GRETCHEN CEPEK

  [Gretchen Cepek]

  Secretary

  

  

  By: /s/ JASMINE M. JIRELE

  [Jasmine M. Jirele]

  President and CEO

  

  

  

  

  To obtain information, make an inquiry, or for assistance with a complaint,
    please call our toll-free number at [1-800-624-0197].

  
    	
            S40908

          

    	 

    	
            [Admin. Tracking Identifier]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00351-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00351-of-00352.parquet"}]]