Document:

FIUR AGREEMENT

Exhibit 10.69

AGREEMENT

          THIS AGREEMENT ("Agreement") is made and entered into effective as of October 12, 2001, by and between Seitel, Inc. (the "Company") and Kevin Fiur (the "Executive").

          WHEREAS, the Executive has obtained a personal loan from Comerica Bank (the "Lender"); and

          

          WHEREAS, the Company desires to retain the services of Executive and to induce Executive to remain in the employ of the Company by repaying the loan made to the Executive by the Lender;

          

          THEREFORE, in consideration of the above and the mutual covenants and agreements set forth herein, the parties agree as follows:

          1.          Company Guaranty and Executive Repayment.            The Executive has obtained from the Lender a personal loan in the original principal amount of $600,000.00 and evidenced by the promissory note attached hereto as Exhibit A ("Note").  The Company agrees with the Executive that the Company will pay to the Lender, on a timely basis and in accordance with the terms and conditions of the Note, all payments of interest, principal and penalties (if applicable) which are required to be paid by the Executive in accordance with the provisions of the Note. The Company and the Executive acknowledge and agree that all payments made by the Company on the Note shall be deemed to be a loan from the Company to the Executive which shall be repaid by the Executive to the Company in accordance with the terms of this Agreement ("Executive Repayment").  If the Executive's employment with the Company continues beyond the date that is the tenth anniversary of the date of the Note ("Repayment Termination Date"), then the Company shall forgive the Executive Repayment in its entirety.  In the event of (i) a Change of Control (as defined in Paragraph 2 below), (ii) termination of Executive's employment with the Company for any reason or no reason by the Company other than for Due Cause (as defined in Paragraph 2 below), (iii) the death or Disability of the Executive (as defined in Paragraph 2 below), (iv) the bankruptcy or insolvency of the Company, or (v) the Executive's receipt of notice from the Company that the term of the Executive's employment shall not be extended beyond its initial term pursuant to any employment agreement between the Company and the Executive,  then the Executive Repayment shall be forgiven by the Company in full and, if  any amount remains unpaid under the Note as if the date of any event described in the preceding clauses (i) through (v) of this sentence, the Company shall pay the Note in full within ten days of any event described in the preceding clauses (i) through (v) of this sentence.  The Executive agrees that in the event the Executive's employment with the Company is terminated by the Company for Due Cause (as defined in Paragraph 2 below) or by the Executive voluntarily other than for Good Reason (as defined in Paragraph 2 below), with an effective date of termination prior to the Repayment Termination Date, the Executive will repay to the Company a pro rata portion of the Executive Repayment based on the following formula:

                              The amount of the Executive Repayment shall equal $600,000 multiplied by [120 minus the number of months the Executive is employed by the Company ("Employment Months") from the date of the Note to the date of termination] divided by 120.  The Employment Months shall be calculated by adding (i) the number of full months of employment from the date of the Note until the date of termination, plus (ii) for every partial month or months from the date of the Note ("Partial Month"), a fraction equal to the number of days that the Executive was employed by the Company during such Partial Month divided by the total number of calendar days in such Partial Month.  Any repayment called for under this Paragraph will be made to the Company within 30 days of the Executive's last day of employment by the Company.  At the Company's sole discretion, the Executive Repayment obligation may be satisfied, in whole or in part, by the Company offsetting the Executive Repayment against amounts owed to the Executive by the Company. 

          2.          Definitions.  For purposes of this Agreement, the following capitalized terms shall have the meanings given them below:

                    "Change of Control" shall be deemed to have occurred if:

                    (a)          any "person," including a "group" as determined in accordance with section 13(d)(3) of the Securities Exchange Act of 1934 (the "Exchange Act"), is or becomes the beneficial owner, directly or indirectly, of securities of the Company representing 30% or more of the combined voting power of the Company's then outstanding securities;

                    (b)          as a result of, or in connection with, any tender offer or exchange offer, merger or other business combination, sale of assets or contested election, or any combination of the foregoing transactions (a "Transaction"), the persons who were directors of  the Company before the Transaction shall cease to constitute a majority of the board of Directors of the Company or any successor to the Company;

                    (c)          the Company is merged or consolidated with another entity and as a result of such merger or consolidation less than 70% of the outstanding voting securities of the surviving or resulting entity shall then be owned in the aggregate by the former stockholders of the Company, other than (x) affiliates within the meaning of the Exchange Act, or (y) any party to such merger or consolidation;

                    (d)          a tender offer or exchange offer is made and consummated for the ownership of securities of the Company representing 30% or more of the combined voting power of the Company's then outstanding voting securities; 

                    (e)          the Company transfers substantially all of its assets to another corporation which is not a wholly owned subsidiary of the Company; or

                    (f)          Paul Frame is no longer President and Chief Executive Officer of the Company; provided, however, that unless the Board of Directors of the Company determines otherwise prior to the date of any event described in the foregoing clauses (a) through (e) above ("Event"), a "Change of Control" shall not have occurred if any Event results, directly or indirectly, in the beneficial ownership by the employees or members of the Board of Directors of the Company of: (x) substantially all of the assets of the Company; or (y) securities of the Company representing 30% or more of the combined voting power of the outstanding securities of the Company or any successor to the Company.

                    "Disability" shall mean the absence of the Executive from his duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to the Executive or his legal representative, such agreement as to acceptability not to be withheld unreasonably.

                    "Due Cause" shall mean (x) the Executive has committed a willful, serious act, such as embezzlement, against the Company intending to unjustly enrich himself at the expense of the Company or has been convicted of a felony involving moral turpitude or (y) the Executive, in carrying out his duties to the Company, has been found guilty of (i) willful, gross neglect or (ii) willful, gross misconduct resulting in either case in material harm to the Company.  Notwithstanding the foregoing, no termination of the Executive's employment by the Company shall be treated as for Due Cause or be effective until and unless all of the steps described in the following clauses (i) through (iii) have been complied with:  (i)  notice of intention to terminate for Due Cause has been given by the Company within 120 days after the Board of Directors learns of the fact, failure or event (or latest in a series of acts, failures or events) constituting "Cause"; (ii) the Board of Directors of the Company has voted (at a meeting of the Board duly called and held as to which termination of the Executive is an agenda item) to terminate the Executive for Due Cause after the Executive has been given notice of the particular acts or circumstances which are the basis for the termination for Due Cause and has been afforded at least 20 days' notice of the meeting and an opportunity to present his position in writing; and (iii) the Board of Directors of the Company has given a Notice of Termination to the Executive within 20 days of such Board meeting.  The Company may suspend the Executive with pay at any time during the period commencing with the giving of notice to the Executive under clause (i) above until final Notice of Termination is given under clause (iii) above.  

                    "Good Reason" shall mean any action that (i) demotes the Executive to a lesser position than Executive Vice President, Chief Operating Officer and General Counsel; (ii) causes a change in the nature or scope of the authorities, powers, functions, duties or responsibilities attached to the Executive's position as of the date of this Agreement; (iii) decreases the Executive's salary below the level as of the date of this Agreement plus increases made from time to time after the date of this Agreement; (iv) reduces the Executive's benefits under any executive compensation or employee benefit plan, program or arrangement of the Company (other than a change made prior to a Change in Control that affects all of the Company's senior executive officers alike) from the level in effect upon the date of this Agreement or after the date hereof; (v) moves the Executive's office from the Company's principal executive office; (vi) fails to obtain the assumption in writing of the Company's obligation to perform this Agreement by any successor to all or substantially all of the assets of the Company within 60 days after a merger, consolidation, sale or similar transaction unless such assumption occurs by operation of law; or (vii) constitutes any other material breach by the Company of this Agreement.

          3.          Gross-Up Payment.  In the event there is any payment in the nature of compensation to or for the benefit of the Executive (whether made pursuant to this Agreement or otherwise) which (i) is subject to the excise tax imposed by Section 4999 of the Internal Revenue Code, or (ii) is subject to any federal, state, or other applicable taxes, including, but not limited to, employment taxes, as a result of the Company's payments pursuant to this Agreement or the Note or any forgiveness of the Executive Repayment ("Executive Repayment Tax"), then the Executive shall be entitled to receive an additional payment ("Gross-Up Payment") in an amount such that after payment by the Executive of all excise taxes, Executive Repayment Tax, taxes imposed upon the Gross-Up Payment, and any interest and penalties imposed with respect to all such taxes, the Executive is placed in an after tax position as if there had been no such excise tax or Executive Repayment Tax imposed on any payments to or for the benefit of the Executive.  The Gross-Up Payment shall be paid not later than the time any such excise tax or Executive Repayment Tax must be paid by the Executive.

          4.          Indemnity.  The Company shall, at its sole expense, indemnify and defend the Executive against any claim or action, whether or not well founded, by any party, including, but not limited to, the Lender, which attempts to hold the Executive liable for repayment of the Note, in whole or any part, or any amount of the Executive Repayment other than as set forth specifically in this Agreement.

          5.          Binding Effect.  This Agreement shall be binding upon and inure to the benefit of the Company, its successors and assign, and the Executive, his heirs, executors, administrators and legal representatives.

          6.          Entire Agreement.  This Agreement constitutes the entire understanding between the parties hereto with respect to the subject matter hereof, and may be modified only by a writing executed by the parties hereto.  The waiver by either party to this Agreement of a breach of any provision thereof by the other party shall not operate or be construed as a waiver of any subsequent breach of such party.

          7.          Governing Law and Venue.  This Agreement shall be governed by and construed in accordance with the laws of the State of Texas without giving effect to any choice of law provisions thereof.  All rights, duties and obligations under this Agreement are performable and enforceable in Harris County, Texas.

          8.          Severability.  The invalidity or enforceability of any provision hereof shall in no way affect the validity or enforceability of any other provision.

          9.          Amendment.  This Agreement may be amended only by mutual consent of the parties hereto evidenced in writing.

          10.          Notices.  Any notice required or permitted to be given under this Agreement shall be sufficient if in writing and if given to the Executive, sent by certified or registered mail to the Executive's residence (if such notice is addressed to the Executive), with a copy to Cynthia Moulton at Franklin, Cardwell & Jones, 600 Travis, Houston, Texas 77002, and Clayton Clark at Clark, Depew, 440 Louisiana, Suite 1600, Houston, Texas 77002, or if given to the Company, sent to the principal executive offices of the Company.

          11.          Counterparts.  This Agreement may be executed in two counterparts, both of which, when taken together, shall constitute a single original.

 

          IN WITNESS WHEREOF, each of the parties has caused this Agreement to be effective on its behalf as of the date first above written.

                                                                      SEITEL, INC.

October 12, 2001                                             By:       /s/
Paul A.
Frame                              

Date                                                               Name:   Paul A. Frame

                                                                      Title:     
President and Chief Executive Officer

October 12, 2001                                              /s/
Kevin Fiur                                              
 

Date                                                      
         KEVIN FIURFIRST GOLDEN AMERICAN                        DEFERRED COMBINATION
LIFE INSURANCE COMPANY                       VARIABLE AND FIXED
OF NEW YORK                                  ANNUITY CONTRACT
A stock company.
------------------------------------------------------------------------------

---------------------------------------------------------------------------
  Annuitant              Owner
  [THOMAS J. DOE]        [JOHN Q. PUBLIC]
---------------------------------------------------------------------------
  Initial Premium        Annuity Option           Annuity Commencement Date
  [$10,000]              [LIFE 10-YEAR CERTAIN]   [JANUARY 1, 2030]
---------------------------------------------------------------------------
  Separate Account(s)                             Contract Number
  SEPARATE ACCOUNT NY-B AND THE FIXED ACCOUNT     [123456]
---------------------------------------------------------------------------

  This is a legal Contract between its Owner and us.  Please read it
  carefully.  In this Contract you or your refers to the Owner shown above.
  We, our or us refers to First Golden American Life Insurance Company of New
  York.  Our home office is in New York, New York.  You may allocate this
  Contract's Accumulation Value among the Separate Account Divisions and the
  Fixed Account as shown in the Schedule.

  If this Contract is in force, we will make income payments to you starting
  on the Annuity Commencement Date.  If the Owner dies prior to the Annuity
  Commencement Date, we will pay a death benefit to the Beneficiary.  The
  amount of such benefits are subject to the terms of this Contract.

  RIGHT TO EXAMINE THIS CONTRACT:  You may return this Contract to us or the
  agent through whom you purchased it within 10 days after you receive it.
  Upon receipt we will promptly refund the greater of:  1) the premium paid,
  or 2) the Accumulation Value plus any charges we have deducted as of the
  effective date of cancellation.

  ALL PAYMENTS AND VALUES, WHEN BASED ON THE INVESTMENT EXPERIENCE OF A
  SEPARATE ACCOUNT DIVISION, MAY INCREASE OR DECREASE, DEPENDING ON THE
  CONTRACT'S INVESTMENT RESULTS.  ALL PAYMENTS AND VALUES BASED ON THE FIXED
  ACCOUNT MAY BE SUBJECT TO A MARKET VALUE ADJUSTMENT, THE OPERATION OF WHICH
  MAY CAUSE SUCH PAYMENTS AND VALUES TO INCREASE OR DECREASE.

  Signed for First Golden American Life Insurance Company of New York on the
  Contract Issue Date.

  Variable Products Customer
       Service Center                   Secretary:  /s/ Myles R. Tashman
  1001 Jefferson Street, Suite 400                  --------------------
  Wilmington, Delaware  19801           President:  /s/ Terry L. Kendall
                                                    --------------------
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DEFERRED COMBINATION VARIABLE AND FIXED ANNUITY CONTRACT - NO DIVIDENDS

  Variable Cash Surrender Values while the Owner is living and prior to the
  Annuity Commencement Date.  Death benefit subject to guaranteed minimum.
  Additional Premium Payment Option.  Partial Withdrawal Option.  Non-
  participating.  Investment results reflected in values.

FG-IA-1000-12/95

<PAGE>
          TABLE OF CONTENTS
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THE SCHEDULE .................................  3

  Premium Payment and Investment Information
  The Variable Separate Accounts
  Contract Facts
  Charges
  Income Plan Factors

INTRODUCTION TO THIS CONTRACT ................  4

  The Contract
  The Owner
  The Annuitant
  The Beneficiary
  Change of Owner or Beneficiary

PREMIUM PAYMENTS AND ALLOCATION CHANGES ......  6

  Initial Premium Payment
  Additional Premium Payment Option
  Your Right to Change Allocation of
      Accumulation Value
  What Happens if a Division is Not Available

HOW WE MEASURE THE CONTRACT'S
    ACCUMULATION VALUE .......................  7

  The Variable Separate Accounts
  Valuation Period
  Accumulation Value
  Accumulation Value in each Division and Fixed
      Allocation
  Fixed Account
  Measurement of Investment Experience
  Charges Deducted from Accumulation Value on
      each Contract Processing Date

YOUR CONTRACT BENEFITS ....................... 12

  Cash Value Benefit
  Partial Withdrawal Option
  Proceeds Payable to the Beneficiary

DEATH BENEFIT PROCEEDS ....................... 13

  Proceeds Payable to the Beneficiary

CHOOSING AN INCOME PLAN ...................... 14

  Annuity Benefits
  Annuity Commencement Date Selection
  Frequency Selection
  The Income Plan
  The Annuity Options
  Payments When Named Person Dies

OTHER IMPORTANT INFORMATION .................. 16

  Sending Notice to Us
  Reports to Owner
  Assignment - Using this Contract as
      Collateral Security
  Changing this Contract
  Contract Changes - Applicable Tax Law
  Misstatement of Age or Sex
  Non-Participating
  Payments We May Defer
  Authority to Make Agreements
  Required Note on Our Computations

  Copies of any Riders and Endorsements are at the back of this Contract.

THS SCHEDULE

  The Schedule gives specific facts about this contract and its coverage.
  Please refer to the Schedule while reading this contract.

FG-IA-1000-12/95
                                      2

<PAGE>
                               The Schedule

                    Payment And Investment Information
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---------------------------------------------------------------------------
  Annuitant              Owner
  [JOHN J. DOE]          [JOHN Q. PUBLIC]
---------------------------------------------------------------------------
  Annuitant's Issue Age  Annuitant's Sex          Owner's Issue Age
  [35]                   [MALE]                   [55]
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  Initial Premium        Annuity Option           Annuity Commencement Date
  [$10,000]              [LIFE 10-YEAR CERTAIN]   [JANUARY 1, 2030]
---------------------------------------------------------------------------
  Contract Date               Issue Date          Residence State
  [JANUARY 1, 1995]           [JANUARY 1, 1995]   [NEW YORK]
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  Separate Account(s)                             Contract Number
  SEPARATE ACCOUNT NY-B AND THE FIXED ACCOUNT     [123456]
---------------------------------------------------------------------------

PREMIUM PAYMENT AND INVESTMENT INFORMATION

  Initial Premium Payment received:    [$10,000]

  Your initial Accumulation Value has been invested as follows:

                                                Percentage of
                   Divisions                 Accumulation Value

                     [OTC                            10%
                   Research                          10%
                 Total Return                        10%
               Income and Growth                     10%
             International Equity                    10%
                  High Income                        10%
                 Money Market                        10%
                 Appreciation                        5%
                  High Growth                        5%
                   Balanced                          5%
                 Conservative                        5%

        1-Year Fixed Allocation at 4.5%              5%
              Guaranteed Interest
       10-Year Fixed Allocation at 5.2%              5%]
              Guaranteed Interest
                                               ______________

                     Total                          100%

  Additional Premium Payment Information
  We will accept additional premium payments until either the
  Annuitant or the Owner reaches the Attained Age of 85. The
  minimum additional payment which may be made is $500.00.

  Accumulation Value Allocation Rules
  The maximum number of Divisions in which you may be invested at
  any one time is sixteen.  You are currently allowed unlimited
  allocation changes per Contract Year without charge.  We reserve
  the right to impose a charge as shown in the Charges section of
  the Schedule for any allocation change in excess of twelve per
  Contract Year.  We also reserve the right to limit, upon notice,
  the maximum number of allocation changes you may make within a
  Contract Year.

FG-IA-1000-12/95 NQ DB
                                      3A1

<PAGE>
                        The Schedule

               The Variable Separate Accounts
------------------------------------------------------------------------------

---------------------------------------------------------------------------
  Annuitant              Owner
  [THOMAS J. DOE]        [JOHN Q. PUBLIC]
---------------------------------------------------------------------------
  Initial Premium        Annuity Option           Annuity Commencement Date
  [$10,000]              [LIFE 10-YEAR CERTAIN]   [JANUARY 1, 2030]
---------------------------------------------------------------------------
  Separate Account(s)                             Contract Number
  SEPARATE ACCOUNT NY-B AND THE FIXED ACCOUNT     [123456]
---------------------------------------------------------------------------

DIVISIONS INVESTING IN SHARES OF A MUTUAL FUND

  Separate Account NY-B (the "Account") is a unit investment trust
  Separate Account, organized in and governed by the laws of the
  State of New York, our state of domicile.  The Account is divided
  into Divisions.

  Each Division listed below invests in shares of the mutual fund
  portfolio (the "Series") designated.  Each portfolio is a part of
  The GCG Trust.

                          PORTFOLIO

         MID-CAP GROWTH
         RESEARCH
         TOTAL RETURN

  Each Division listed below invests in shares of the mutual fund
  portfolio (the "Portfolio") designated.  Each portfolio is a part of
  the Travelers Series Fund Inc., a trust.

                          PORTFOLIO

         HIGH INCOME                 INTERNATIONAL EQUITY
         LARGE CAP VALUE             MONEY MARKET

  The Division listed below invests in shares of the mutual fund
  portfolio (the "Portfolio") designated.  The portfolio is a part of
  Greenwich Street Series, a trust.

                          PORTFOLIO

         APPRECIATION

  Each Division listed below invests in shares of the mutual fund
  portfolio (the "Portfolio") designated.  Each portfolio is a part of
  Smith Barney Concert Series Inc., a trust.

                          PORTFOLIO

         HIGH GROWTH                 GROWTH
         BALANCED                    CONSERVATIVE
         INCOME

  NOTE:     PLEASE REFER TO THE PROSPECTUS FOR THE CONTRACT AND THE
            TRUSTS FOR MORE DETAILS.

FG-IA-1000-12/95 NQ DB
                                      3B

<PAGE>
                        The Schedule

                       Contract Facts
------------------------------------------------------------------------------

---------------------------------------------------------------------------
  Annuitant              Owner
  [THOMAS J. DOE]        [JOHN Q. PUBLIC]
---------------------------------------------------------------------------
  Initial Premium        Annuity Option           Annuity Commencement Date
  [$10,000]              [LIFE 10-YEAR CERTAIN]   [JANUARY 1, 2030]
---------------------------------------------------------------------------
  Separate Account(s)                             Contract Number
  SEPARATE ACCOUNT NY-B AND THE FIXED ACCOUNT     [123456]
---------------------------------------------------------------------------

CONTRACT FACTS

  Contract Processing Date
  The Contract Processing Date for your Contract is [January 1] of
  each year.

  Specially Designated Division
  When a distribution is made from an investment portfolio
  underlying a Separate Account Division in which reinvestment is
  not available, we will allocate the amount of the distribution to
  the Liquid Asset Division unless you specify otherwise.

PARTIAL WITHDRAWALS

  The maximum amount that can be withdrawn in a Contract Year
  without being considered an Excess Partial Withdrawal is 15% of
  the Accumulation Value as of the date of the withdrawal.  We will
  collect a Surrender Charge for Excess Partial Withdrawals and a
  charge for any unrecovered premium.  In no event may a Partial
  Withdrawal be greater than 90% of the Cash Surrender Value.

  Conventional Partial Withdrawals
         Minimum Withdrawal Amount:    $1,000

  Any Conventional Partial Withdrawal from a Fixed Allocation is
  subject to a Market Value Adjustment unless taken from a Fixed
  Allocation within the thirty days on or prior to the Maturity
  Date of such Fixed Allocation.

  Systematic Partial Withdrawals
  Systematic Partial Withdrawals may be elected to commence after
  28 days from the Contract Issue Date and may be taken on a
  monthly or quarterly basis.  You select the day withdrawals will
  be made, but no later than the 28th day of the month.  If you do
  not elect a day, the Contract Date will be used.

         Minimum Withdrawal Amount:   $100.00

         Maximum Withdrawal Amounts:

             Separate Account
                 Divisions:           1.25% monthly or 3.75% quarterly of
                                      Accumulation Value.

             Fixed Allocations:     Interest earned on Fixed Allocation in
                                    prior month (for monthly withdrawals) or
                                    prior quarter (for quarterly withdrawals)

  A Systematic Partial Withdrawal from a Fixed Allocation is not subject to
  Market Value Adjustment.

FG-IA-1000-12/95 NQ DB
                                      3C1

<PAGE>
                        The Schedule

                 Contract Facts (continued)
------------------------------------------------------------------------------

---------------------------------------------------------------------------
  Annuitant              Owner
  [THOMAS J. DOE]        [JOHN Q. PUBLIC]
---------------------------------------------------------------------------
  Initial Premium        Annuity Option           Annuity Commencement Date
  [$10,000]              [LIFE 10-YEAR CERTAIN]   [JANUARY 1, 2030]
---------------------------------------------------------------------------
  Separate Account(s)                             Contract Number
  SEPARATE ACCOUNT NY-B AND THE FIXED ACCOUNT     [123456]
---------------------------------------------------------------------------

  Death Benefit
  The Death Benefit is the greatest of (i) the Accumulation Value,
  (ii) the Guaranteed Death Benefit, (iii) the Cash Surrender
  Value, and (iv) the sum of premiums paid, less any partial
  withdrawals.

  Guaranteed Death Benefit
  On the Contract Date, the Guaranteed Death Benefit is the Initial
  Premium.  On subsequent Valuation Dates, the Guaranteed Death
  Benefit is calculated as follows:

  Annual Ratchet:
           (1)  Start with the Guaranteed Death Benefit from the
                prior Valuation Date;
           (2)  Add to (1) any additional premium paid since the
                prior Valuation Date and subtract from (1) any
                Partial Withdrawals taken since the prior Valuation
                Date;
           (3)  On a Valuation Date which occurs through the
                Contract Year in which the Owner's Attained Age is
                80 and which is also a Contract Anniversary, if the
                Owner is alive (the Annuitant if the Owner is not an
                individual), we set the Guaranteed Death Benefit
                equal to the greater of (2) or the Accumulation
                Value as of such date.  On all other Valuation
                Dates, the Guaranteed Death Benefit is equal to (2).

  Change of Owner
  When the ownership changes, the new Owner's age at the time of
  the change will be used as the basis for the death benefit.  The
  new Owner's death will determine when a death benefit is payable.

  If the new Contractowner's age is less than or equal to 79, the
  Guaranteed Death Benefit Option in effect prior to the change of
  Contractowner will remain in effect.  If the new Contractowner's
  age is greater than 79, the Guaranteed Death Benefit will be zero
  and the Death Benefit shall be the greatest of Cash Surrender
  Value, the Accumulation Value, and the sum of premiums paid, less
  any Partial Withdrawals.

FG-IA-1000-12/95 NQ DB
                                      3C2

<PAGE>
                        The Schedule

                 Contract Facts (continued)
------------------------------------------------------------------------------

---------------------------------------------------------------------------
  Annuitant              Owner
  [THOMAS J. DOE]        [JOHN Q. PUBLIC]
---------------------------------------------------------------------------
  Initial Premium        Annuity Option           Annuity Commencement Date
  [$10,000]              [LIFE 10-YEAR CERTAIN]   [JANUARY 1, 2030]
---------------------------------------------------------------------------
  Separate Account(s)                             Contract Number
  SEPARATE ACCOUNT NY-B AND THE FIXED ACCOUNT     [123456]
---------------------------------------------------------------------------

CHOOSING AN INCOME PLAN

  Required Date of Annuity Commencement
  Distributions from a Contract funding a qualified plan must
  commence no later than April 1st of the calendar year following
  the calendar year in which the Owner attains age 70 1/2.

  The Annuity Commencement Date is required to be the same date as
  the Contract Processing Date in the month following the
  Annuitant's 90th birthday.  If, on the Annuity Commencement Date,
  a Surrender Charge remains, your elected Annuity Option must
  include a period certain of at least five years duration.  In
  applying the Accumulation Value, we may first collect any Premium
  Taxes due us.

  Minimum Annuity Income Payment
  The minimum monthly annuity income payment that we will make is
  $20.

FIXED ACCOUNT

  Minimum Fixed Allocation
  The minimum allocation to the Fixed Account in any one Fixed
  Allocation is $250.00.

  Guaranteed Minimum Interest Rate - 3%

  Guarantee Periods
  We currently offer Guarantee Periods of 1, 3, 5, 7 and 10 years.
  We reserve the right to offer Guarantee Periods of durations
  other than those available on the Contract Date.

  We also reserve the right to cease offering particular Guarantee
  Periods.

  Index Rate
  The Index Rate is the average of the Ask Yields for the U.S.
  Treasury Strips as reported by a national quoting service for the
  applicable maturity.  The average is based on the period from the
  22nd day of the calendar month two months prior to the calendar
  month of Index Rate determination to the 21st day of the calendar
  month immediately prior to the month of determination.  The
  applicable maturity date for these U.S. Treasury Strips is on or
  next following the last day of the Guarantee Period.  If these
  Ask Yields are no longer available, the Index Rate will be
  determined using a suitable replacement method.  Such substitute
  Index Rate will have the prior approval of the New York Insurance
  Department Superintendent.

  We currently set the Index Rate once each calendar month.
  However, we reserve the right to set the Index Rate more
  frequently than monthly, but in no event will such Index Rate be
  based on a period less than 28 days.

FG-IA-1000-12/95 NQ DB
                                      3C3

<PAGE>
                        The Schedule

                           Charges
------------------------------------------------------------------------------

---------------------------------------------------------------------------
  Annuitant              Owner
  [THOMAS J. DOE]        [JOHN Q. PUBLIC]
---------------------------------------------------------------------------
  Initial Premium        Annuity Option           Annuity Commencement Date
  [$10,000]              [LIFE 10-YEAR CERTAIN]   [JANUARY 1, 2030]
---------------------------------------------------------------------------
  Separate Account(s)                             Contract Number
  SEPARATE ACCOUNT NY-B AND THE FIXED ACCOUNT     [123456]
---------------------------------------------------------------------------

  Charge Deduction Division
  All charges against the Accumulation Value in this Contract will
  be deducted from the Liquid Asset Division.

  Deductions from Premiums - None.

  Deductions from Accumulation Value

  Administrative Charge - We charge to cover a portion of our
  ongoing administrative expenses for each Contract Processing
  Period.  The charge is incurred at the beginning of the Contract
  Processing Period and deducted on the Contract Processing Date at
  the end of the period.  At the time of deduction, this charge
  will be waived if:

          (1)  The Accumulation Value is at least $100,000; or
          (2)  The sum of premiums paid to date is at least $100,000.

  Excess Allocation Charge - Currently none, however, we reserve
  the right to charge $25 for each allocation in excess of twelve
  per Contract Year.  Any charge will be deducted from the
  Divisions and Fixed Allocations from which each such allocation
  is made in proportion to the amount being transferred from each
  such Division and Fixed Allocation.

  Surrender Charge - A Surrender Charge is imposed as a percentage
  of premium if the Contract is surrendered or an Excess Partial
  Withdrawal is taken.  The percentage imposed at time of surrender
  or Excess Partial Withdrawal depends on the number of complete
  years that have elapsed since a premium payment was made.  The
  Surrender Charge expressed as a percentage of each premium
  payment is as follows:

         Complete Years Elapsed        Surrender
         Since Premium Payment         Charges

                0                        7%
                1                        6%
                2                        5%
                3                        4%
                4                        3%
                5                        2%
                6                        1%
                7+                       0%

  For the purpose of calculating the Surrender Charge for an Excess
  Partial Withdrawal;  a) we treat premiums as being withdrawn on a
  first-in, first-out basis, and  b) amounts withdrawn which are
  not considered an Excess Partial Withdrawal are not considered a
  withdrawal of any premium payments.

FG-IA-1000-12/95 NQ DB
                                      3D1

<PAGE>
                        The Schedule

                     Charges (continued)
------------------------------------------------------------------------------

---------------------------------------------------------------------------
  Annuitant              Owner
  [THOMAS J. DOE]        [JOHN Q. PUBLIC]
---------------------------------------------------------------------------
  Initial Premium        Annuity Option           Annuity Commencement Date
  [$10,000]              [LIFE 10-YEAR CERTAIN]   [JANUARY 1, 2030]
---------------------------------------------------------------------------
  Separate Account(s)                             Contract Number
  SEPARATE ACCOUNT NY-B AND THE FIXED ACCOUNT     [123456]
---------------------------------------------------------------------------

  Premium Taxes - We deduct from the Accumulation Value the amount
  of any premium or other state and local taxes levied by any state
  or governmental entity when such taxes are incurred.

  We reserve the right to defer collection of Premium Taxes until
  surrender or until application of Accumulation Value to an
  Annuity Option.  An Excess Partial Withdrawal will result in the
  deduction of any Premium Tax then due us on such amount.  We
  reserve the right to change the amount we charge for Premium Tax
  charges on future premium payments to conform with changes in the
  law or if the Owner changes state of residence.

  Deductions from the Divisions
  Mortality and Expense Risk Charge - We deduct 0.003446% of the
  assets in the Separate Account Division on a daily basis
  (equivalent to an annual rate of 1.25%) for mortality and expense
  risks.  This charge is not deducted from the Fixed Account.

  Asset-Based Administrative Charge - We deduct 0.000411% of the
  assets in each Separate Account Division on a daily basis
  (equivalent to an annual rate of 0.15%) to compensate us for a
  portion of our ongoing administrative expenses.  This charge is
  not deducted from the Fixed Account.

FG-IA-1000-12/95 NQ DB
                                      3D2

                        The Schedule

                     Income Plan Factors
------------------------------------------------------------------------------

---------------------------------------------------------------------------
  Annuitant              Owner
  [THOMAS J. DOE]        [JOHN Q. PUBLIC]
---------------------------------------------------------------------------
  Initial Premium        Annuity Option           Annuity Commencement Date
  [$10,000]              [LIFE 10-YEAR CERTAIN]   [JANUARY 1, 2030]
---------------------------------------------------------------------------
  Separate Account(s)                             Contract Number
  SEPARATE ACCOUNT NY-B AND THE FIXED ACCOUNT     [123456]
---------------------------------------------------------------------------

  Values for other payment periods, ages, or joint life
  combinations are available on request.  Monthly payments are
  shown for each $1,000 applied.

             TABLE FOR INCOME FOR A FIXED PERIOD

     Fixed               Fixed
    Period    Monthly    Period    Monthly  Fixed Period  Monthly
   of Years   Income    of Years    Income    of Years     Income
   --------   ------    --------    ------    --------     ------

                           11       $8.88        21        $5.33
       2       42.96       12        8.26        22         5.16
       3       29.06       13        7.73        23         5.00
       4       22.12       14        7.28        24         4.85
       5       17.95       15        6.89        25         4.72
       6       15.18       16        6.54        26         4.60
       7       13.20       17        6.24        27         4.49
       8       11.71       18        5.98        28         4.38
       9       10.56       19        5.74        29         4.28
      10        9.64       20        5.53        30         4.19

                  TABLE FOR INCOME FOR LIFE

                    Male/Female       Male/Female    Male/Female
      Age       10 Years Certain  20 Years Certain  Refund Certain
      ---       ----------------  ----------------  --------------

      50           $4.53/4.19        $4.38/4.13      $4.40/4.12
      55            4.93/4.52         4.68/4.40       4.74/4.42
      60            5.45/4.96         4.99/4.72       5.16/4.79
      65            6.11/5.52         5.30/5.07       4.75/5.29
      70            6.91/6.26         5.54/5.40       6.52/5.97
      75            7.79/7.18         5.68/5.62       7.33/6.74
      80            8.61/8.18         5.75/5/73       8.61/7.90
      85 & Over     9.24/9.01         5.77/5.76      10.43/9.50

FG-IA-1000-12/95 NQ DB
                                      3E

<PAGE>
                Introduction to this Contract
------------------------------------------------------------------------------

THE CONTRACT

  This is a legal Contract between you and us.  We provide benefits
  as stated in this Contract.  In return, you supply us with the
  Initial Premium Payment required to put this Contract in effect.

  This Contract and the application, together with any Riders or
  Endorsements, constitutes the entire Contract.  Riders and
  Endorsements add provisions or change the terms of the basic
  Contract.

THE OWNER

  You are the Owner of this Contract.  You are also the Annuitant
  unless another Annuitant has been named in the application and is
  shown in the Schedule.  You have the rights and options described
  in this Contract, including but not limited to the right to
  receive the Annuity Benefits on the Annuity Commencement Date.

  One or more people may own this Contract.  If there are multiple
  Owners named, the age of the oldest Owner shall be used to
  determine the applicable death benefit.  In the case of a sole
  Owner who dies prior to the Annuity Commencement Date, we will
  pay the Beneficiary the death benefit then due.  If the sole
  Owner is not an individual, we will treat the Annuitant as Owner
  for the purpose of determining when the Owner dies under the
  death benefit provision (if there is no Contingent Annuitant),
  and the Annuitant's age will determine the applicable death
  benefit payable to the Beneficiary.  The sole Owner's estate will
  be the Beneficiary if no Beneficiary designation is in effect, or
  if the designated Beneficiary has predeceased the Owner.  In the
  case of a joint Owner of the Contract dying prior to the Annuity
  Commencement Date, the surviving Owner(s) shall be deemed as the
  Beneficiary(ies).

THE ANNUITANT

  The Annuitant is the measuring life of the Annuity Benefits
  provided under this Contract.  You may name a Contingent
  Annuitant.  The Annuitant may not be changed during the
  Annuitant's lifetime.

  If the Annuitant dies before the Annuity Commencement Date, the
  Contingent Annuitant becomes the Annuitant.  You will be the
  Contingent Annuitant unless you name someone else.  The Annuitant
  must be a natural person.  If the Annuitant dies and no
  Contingent Annuitant has been named, we will allow you sixty days
  to designate someone other than yourself as Annuitant.  If all
  Owners are not individuals and, through the operation of this
  provision, an Owner becomes Annuitant, we will pay the death
  proceeds to the Beneficiary.  If there are joint Owners, we will
  treat the youngest of the Owners as the Contingent Annuitant
  designated, unless you elect otherwise.

THE BENEFICIARY

  The Beneficiary is the person to whom we pay death proceeds if
  any Owner dies prior to the Annuity Commencement Date.  See
  Proceeds Payable to Beneficiary for more information.  We pay
  death proceeds to the primary Beneficiary (unless there are joint
  Owners in which case death benefit proceeds are payable to the
  surviving Owner).  If the primary Beneficiary dies before the
  Owner, the death proceeds are paid to the contingent Beneficiary,
  if any.  If there is no surviving Beneficiary, we pay the death
  proceeds to the Owner's estate.

  One or more persons may be named as primary Beneficiary or
  contingent Beneficiary.  In the case of more than one
  Beneficiary, we will assume any death proceeds are to be paid in
  equal shares to the surviving Beneficiaries.  You can specify
  other than equal shares.

  You have the right to change Beneficiaries, unless you designate
  the primary Beneficiary irrevocable.  When an irrevocable
  Beneficiary has been designated, you may need the consent of the
  irrevocable Beneficiary to exercise the rights and options under
  this Contract.

FG-IA-1000-12/95
                                      4

<PAGE>
          Introduction to this Contract (continued)
------------------------------------------------------------------------------

CHANGE OF OWNER OR BENEFICIARY

  During your lifetime and while this Contract is in effect you can
  transfer ownership of this Contract or change the Beneficiary.
  To make any of these changes, you must send us written notice of
  the change in a form satisfactory to us.  The change will take
  effect as of the day the notice is signed.  The change will not
  affect any payment made or action taken by us before recording
  the change at our Variable Products Customer Service Center.  A
  Change of Owner may affect the amount of death benefit payable
  under this Contract.  See Proceeds Payable to Beneficiary.

FG-IA-1000-12/95
                                      5

<PAGE>
           Premium Payments and Allocation Changes
------------------------------------------------------------------------------

INITIAL PREMIUM PAYMENT

  The Initial Premium Payment is required to put this Contract in
  effect.  The amount and allocation of the Initial Premium Payment
  is shown in the Schedule.

ADDITIONAL PREMIUM PAYMENT OPTION

  You may make additional premium payments at any time before the
  Annuity Commencement Date.  Satisfactory notice to us must be
  given for additional premium payments.  Restrictions on
  additional premium payments, such as the Attained Age of the
  Annuitant or Owner and the timing and amount of each payment, are
  shown in the Schedule.  We reserve the right to defer acceptance
  of or to return any additional premium payments.

  As of the date we receive and accept your additional premium
  payment:

     (1)  The Accumulation Value will increase by the amount of the
          premium payment less any premium deductions as shown in
          the Schedule.
     (2)  The increase in the Accumulation Value will be allocated
          among the Divisions and the Fixed Allocations in
          accordance with your instructions.  If you do not provide
          such instructions, allocation will be among the Divisions
          in proportion to the amount of Accumulation Value in each
          Division as of the date we receive and accept your
          additional premium payment.  Allocations to the Fixed
          Account will be made only upon specific written request.

  Where to Make Payments
  Remit the premium payments to our Variable Products Customer
  Service Center.  On request we will give you a receipt signed by
  one of our officers.

YOUR RIGHT TO CHANGE ALLOCATION OF ACCUMULATION VALUE

  The Accumulation Value may be reallocated among the Divisions and
  the Fixed Allocations prior to the Annuity Commencement Date.
  The number of free allocation changes each Contract Year that we
  will allow is shown in the Schedule.  To make an allocation
  change, you must provide us with satisfactory notice at our
  Variable Products Customer Service Center.  The change will take
  effect when we receive the notice.  Restrictions for reallocation
  into and out of the Divisions are shown in the Schedule.  An
  allocation from the Fixed Allocation may be subject to a Market
  Value Adjustment.  See Market Value Adjustment.

WHAT HAPPENS IF A DIVISION IS NOT AVAILABLE

  When a distribution is made from an investment portfolio
  supporting a unit investment trust Division in which reinvestment
  is not available, we will allocate the distribution to the
  Specially Designated Division shown in the Schedule unless you
  specify otherwise.

  Such a distribution may occur when an investment portfolio or
  Division matures, when distribution from a portfolio or Division
  cannot be reinvested in the portfolio or Division due to the
  unavailability of securities, or for other reasons.  When this
  occurs because of maturity, we will send written notice to you
  thirty days in advance of such date.  To elect an allocation to
  other than the Specially Designated Division shown in the
  Schedule, you must provide satisfactory notice to us at least
  seven days prior to the date the investment matures.  Such
  allocations will not be counted as an allocation change of the
  Accumulation Value for purposes of the number of free allocation
  changes permitted.

FG-IA-1000-12/95
                                      6

<PAGE>
      How We Measure the Contract's Accumulation Value
------------------------------------------------------------------------------

  The variable Annuity Benefits under this Contract are provided
  through investments which may be made in our Separate Accounts.

THE VARIABLE SEPARATE ACCOUNTS

  These accounts, which are designated in the Schedule, are kept
  separate from our General Account and any other Separate Accounts
  we may have.  They are used to support Variable Annuity Contracts
  and may be used for other purposes permitted by applicable laws
  and regulations.  We own the assets in the Variable Separate
  Accounts.  Assets equal to the reserves and other liabilities of
  the accounts will not be charged with liabilities that arise from
  any other business we conduct.  Income and realized and
  unrealized gains or losses from assets in these Separate Accounts
  are credited to or charged against the account without regard to
  other income, gains or losses in our other investment accounts.

  One type of Variable Separate Account will invest in mutual
  funds, unit investment trusts and other investment portfolios
  which we determine to be suitable for the group contract's
  purposes.  This Separate Account is treated as a unit investment
  trust under Federal securities laws.  It is registered with the
  Securities and Exchange Commission ("SEC") under the Investment
  Company Act of 1940.  This Separate Account is also governed by
  state laws as designated in the Schedule.

  We may offer certain non-registered Series or Variable Separate
  Accounts.  Any such Series or Variable Separate Account is shown
  in the Schedule.

  Divisions of the Variable Separate Account
  A Unit Investment Trust Variable Separate Account includes
  Divisions, each investing in a designated investment portfolio.
  The Divisions and the investment portfolios in which they invest,
  if applicable, are specified in the Schedule.  Some of the
  portfolios designated may be managed by a separate investment
  adviser.  Such adviser may be registered under the Investment
  Advisers Act of 1940.

  Changes Within the Separate Accounts
  We may, from time to time, make additional Separate Account
  Divisions available to you.  These Divisions will invest in
  investment portfolios we find suitable for this Contract.  We
  also have the right to eliminate Divisions from a Separate
  Account, to combine two or more Divisions or to substitute a new
  portfolio for the portfolio in which a Division invests.  A
  substitution may become necessary if, in our judgment, a
  portfolio or Division no longer suits the purposes of this
  Contract.  This may happen due to a change in laws or
  regulations, or a change in a portfolio's investment objectives
  or restrictions, or because the portfolio or Division is no
  longer available for investment, or for some other reason.  We
  will get prior approval from the insurance department of our
  state of domicile before making such a substitution.  This
  approval process is on file with the insurance department of the
  jurisdiction in which this Contract is delivered.  We will also
  get any required approval from the SEC and any other required
  approvals before making such a substitution.

  Subject to any required regulatory approvals, we reserve the
  right to transfer assets of the Divisions of the Variable
  Separate Account, which we determine to be associated with the
  class of Contracts to which this Contract belongs, to another
  Variable Separate Account or Division.

  When permitted by law, we reserve the right to:
          (1)  Deregister a Separate Account under the Investment
               Company Act of 1940;
          (2)  Operate a Separate Account as a management company
               under the Investment Company Act of 1940, if it is
               operating as a unit investment trust;
          (3)  Restrict or eliminate any voting rights of Owners,
               or other persons who have voting rights as to a
               Separate Account; and,
          (4)  Combine a Separate Account with other Separate
               Accounts.

FG-IA-1000-12/95
                                      7

<PAGE>
      How We Measure the Contract's Accumulation Value
                      (continued)
------------------------------------------------------------------------------

VALUATION PERIOD

  Each Division will be valued at the end of each Valuation Period.
  A Valuation Period is each Business Day together with any non-
  Business Days before it.  A Business Day is any day the New York
  Stock Exchange (NYSE) is open for trading, and the SEC requires
  mutual funds, unit investment trusts, or other investment
  portfolios to value their securities.

ACCUMULATION VALUE

  The Accumulation Value of this Contract is equal to the sum of
  the amounts that you have in each Division and the Fixed
  Allocations.  You select how your Accumulation Value is
  allocated.  The maximum number of Divisions and Fixed Allocations
  to which you may allocate Accumulation Value at any one time is
  shown in the Schedule.

ACCUMULATION VALUE IN EACH DIVISION AND FIXED ALLOCATION

  On the Contract Date
  On the Contract Date, the Accumulation Value is allocated to each
  Division and the Fixed Allocations as shown in the Schedule.

  On each Valuation Date
  At the end of each subsequent Valuation Period, the amount of
  Accumulation Value in each Division and Fixed Allocation will be
  calculated as follows:
          (1)  We take the Accumulation Value in the Division or
               Fixed Allocation at the end of the preceding
               Valuation Period.
          (2)  We multiply (1) by the Division's Net Rate of Return
               for the current Valuation Period, or we calculate
               the interest to be credited to a Fixed Allocation
               for the current Valuation Period.
          (3)  We add (1) and (2).
          (4)  We add to (3) any additional premium payments (less
               any premium deductions as shown in the Schedule)
               allocated to the Division or Fixed Allocation during
               the current Valuation Period.
          (5)  We add or subtract allocations to or from that
               Division or Fixed Allocation during the current
               Valuation Period.
          (6)  We subtract from (5) any Partial Withdrawals which
               are allocated to the Division or Fixed Allocation
               during the current Valuation Period.
          (7)  We subtract from (6) the amounts allocated to that
               Division or Fixed Allocation for:
               (a)  any charges due for Optional Benefit Riders as
                    shown in the Schedule; and
               (b)  any Contract charges as shown in the Schedule;

  All amounts in (7) are allocated to each Division or Fixed
  Allocation as explained in Charges Deducted from Accumulation
  Value.

FIXED ACCOUNT

  The Fixed Account is a Separate Account under state insurance law
  and is not required to be registered with the Securities and
  Exchange Commission under the Investment Company Act of 1940.
  The Fixed Account includes various Fixed Allocations which we
  credit with fixed rates of interest for the Guarantee Period or
  Periods you select.  We reset the interest rates for new Fixed
  Allocations periodically based on our sole discretion.

  Guarantee Periods
  Each Fixed Allocation is guaranteed an interest rate for a
  period, a Guarantee Period.  The Guaranteed Interest Rate for a
  Fixed Allocation is effective for the entire period.  The
  Maturity Date of a Guarantee Period will be on the last day of
  the calendar month in which the Guarantee Period ends.
  Withdrawals and transfers made during a Guarantee Period may be
  subject to a Market Value Adjustment unless made within thirty
  days prior to the Maturity Date.

FG-IA-1000-12/95
                                      8

<PAGE>
      How We Measure the Contract's Accumulation Value
                      (continued)
------------------------------------------------------------------------------

  Upon the expiry of a Guarantee Period, we will transfer the
  Accumulation Value of the expiring Fixed Allocation to a Fixed
  Allocation with a Guarantee Period equal in length to the
  expiring Guarantee Period, unless you select another period prior
  to a Maturity Date.  We will notify you at least thirty days
  prior to a Maturity Date of your options for renewal.  If the
  period remaining from the expiry of the previous Guarantee Period
  to the Annuity Commencement Date is less than the period you have
  elected or the period expiring, the next shortest period then
  available that will not extend beyond the Annuity Commencement
  Date will be offered to you.  If a period is not available, the
  Accumulation Value will be transferred to the Specifically
  Designated Division.

  We will declare Guaranteed Interest Rates for the then available
  Fixed Allocation Guarantee Periods.  These interest rates are
  based solely on our expectation as to our future earnings.
  Declared Guaranteed Interest Rates are subject to change at any
  time prior to application to specific Fixed Allocations, although
  in no event will the rates be less than the Minimum Guaranteed
  Interest Rate shown in the Schedule.

  Market Value Adjustments
  A Market Value Adjustment will be applied to a Fixed Allocation
  upon withdrawal, transfer or application to an Income Plan if
  made more than thirty days prior to such Fixed Allocation's
  Maturity Date, except on Systematic Partial Withdrawals and IRA
  Partial Withdrawals.  The Market Value Adjustment is applied to
  each Fixed Allocation separately.

  The Market Value Adjustment is determined by multiplying the
  amount of the Accumulation Value withdrawn, transferred or
  applied to an Income Plan by the following factor:

                     /       1 + I       \ N/365
                    (  -----------------  )         - 1
                     \  (1 + J + .0025)  /

  Where I is the Index Rate for a Fixed Allocation on the first day
  of the applicable Guarantee Period:  J is the Index Rate for new
  Fixed Allocations with Guarantee Periods equal to the number of
  years (fractional years rounded up to the next full year)
  remaining in the Guarantee Period at the time of calculation; and
  N is the remaining number of days in the Guarantee Period at the
  time of calculation.  (The Index Rate is described in the
  Schedule.)

  Market Value Adjustments will be applied as follows:

          (1)  The Market Value Adjustment will be applied to the
               amount withdrawn before deduction of any applicable
               Surrender Charge.
          (2)  For a partial withdrawal, partial transfer or in the
               case where a portion of a Fixed Allocation is
               applied to an Income Plan, the Market Value
               Adjustment will be calculated on the total amount
               that must be withdrawn, transferred or applied to an
               Income Plan in order to provide the amount
               requested.
          (3)  If the Market Value Adjustment is negative, it will
               be assessed first against any remaining Accumulation
               Value in the particular Fixed Allocation.  Any
               remaining Market Value Adjustment will be applied
               against the amount withdrawn, transferred or applied
               to an Income Plan.
          (4)  If the Market Value Adjustment is positive, it will
               be credited to any remaining Accumulation Value in
               the particular Fixed Allocation.  If a cash
               surrender, full transfer or full application to an
               Income Plan has been requested, the Market Value
               Adjustment is added to the amount withdrawn,
               transferred or applied to an Income Plan.

FG-IA-1000-12/95
                                      9

<PAGE>
      How We Measure the Contract's Accumulation Value
                      (continued)
------------------------------------------------------------------------------

MEASUREMENT OF INVESTMENT EXPERIENCE

  Index of Investment Experience
  The Investment Experience of a Division is determined on each
  Valuation Date.  We use an Index to measure changes in each
  Division's experience during a Valuation Period.  We set the
  Index at $10 when the first investments in a Division are made.
  The Index for a current Valuation Period equals the Index for the
  preceding Valuation Period multiplied by the Experience Factor
  for the current Valuation Period.

  How We Determine the Experience Factor
  For Divisions of a Unit Investment Trust Separate Account, the
  Experience Factor reflects the Investment Experience of the
  portfolio in which the Division invests as well as the charges
  assessed against the Division for a Valuation Period.  The factor
  is calculated as follows:

          (1)  We take the net asset value of the portfolio in
               which the Division invests at the end of the current
               Valuation Period.
          (2)  We add to (1) the amount of any dividend or capital
               gains distribution declared for the investment
               portfolio and reinvested in such portfolio during
               the current Valuation Period.  We subtract from that
               amount a charge for our taxes, if any.
          (3)  We divide (2) by the net asset value of the
               portfolio at the end of the preceding Valuation
               Period.
          (4)  We subtract the daily Mortality and Expense Risk
               Charge for each Division shown in the Schedule for
               each day in the Valuation Period.
          (5)  We subtract the daily Asset-Based Administrative
               Charge shown in the Schedule for each day in the
               Valuation Period.

  Calculations for Divisions investing in unit investment trusts
  are on a per unit basis.

  Net Rate of Return for a Separate Account Division
  The Net Rate of Return for a Division during a Valuation Period
  is the Experience Factor for that Valuation Period minus one.

  Interest Credited to a Fixed Allocation
  A Fixed Allocation will be credited with the Guaranteed Interest
  Rate for the Guarantee Period in effect on the date the premium
  or reallocation is applied.  Once applied, such rate will be
  guaranteed until that Fixed Allocation's Maturity Date.  Interest
  will be credited daily at a rate to yield the declared annual
  Guaranteed Interest Rate.  We periodically declare Guaranteed
  Interest Rates for then-available Guarantee Periods.  No
  Guaranteed Interest Rate will be less than the Minimum Guaranteed
  Interest Rate shown in the Schedule.

CHARGES DEDUCTED FROM ACCUMULATION VALUE ON EACH CONTRACT
PROCESSING DATE

  All charges and fees are shown in the Schedule.

  Charge Deduction Division Option
  We will deduct all charges against the Accumulation Value from
  the Charge Deduction Division if you elected this option (see the
  Schedule).  If you did not elect this option or if the charges
  are greater than the amount in the Charge Deduction Division, the
  charges against the Accumulation Value will be deducted as
  follows:

          (1)  If these charges are less than the Accumulation
               Value in the Divisions, they will be deducted
               proportionately from all Divisions.
          (2)  If these charges exceed the Accumulation Value in
               the Divisions, any excess over such value will be
               deducted from the Fixed Account.

  Any charges deducted from the Fixed Account will be taken from
  Fixed Allocations starting with the Guarantee Period nearest its
  Maturity Date until such charges have been paid.

  At any time while this Contract is in effect, you may change your
  election of this option.  To do this you must send a written
  request to our Variable Products Customer Service Center.  Any
  change will take effect within seven days of the date we receive
  your request.

FG-IA-1000-12/95
                                     11

<PAGE>
                   Your Contract Benefits
------------------------------------------------------------------------------

  While this Contract is in effect, there are important rights and
  benefits that are available to you.  We discuss these rights and
  benefits in this section.

CASH VALUE BENEFIT

  Cash Surrender Value
  The Cash Surrender Value before the Annuity Commencement Date, is
  determined as follows:

          (1)  We take the Contract's Accumulation Value;
          (2)  We adjust for any applicable Market Value
               Adjustment;
          (3)  We deduct any Surrender Charge;
          (4)  We deduct any charges shown in the Schedule that
               have been incurred but not yet deducted, including:
               (a)  any quarterly administrative fee to be deducted
                    on the next Contract Processing Date;
               (b)  the pro rata part of any charges for Optional
                    Benefit Riders; and
               (c)   any applicable premium or similar tax.

  Cancelling to Receive the Cash Surrender Value
  At any time before the Annuity Commencement Date, you may
  surrender this Contract to us.  To do this, you must return this
  Contract with a signed request for cancellation to our Variable
  Products Customer Service Center.

  The Cash Surrender Value will vary daily.  We will determine the
  Cash Surrender Value as of the date we receive the Contract and
  your signed request in our Variable Products Customer Service
  Center.  All benefits under this Contract will then end.

  We will usually pay the Cash Surrender Value within seven days;
  but, we may delay payment as described in the Payments We May
  Defer provision.

PARTIAL WITHDRAWAL OPTION

  After the first Contract Anniversary, you may make a Partial
  Withdrawal once in each Contract Year without incurring a Partial
  Withdrawal Charge.  Any additional Partial Withdrawals in a
  Contract Year are subject to a Partial Withdrawal Charge.  The
  minimum amount that may be withdrawn is shown in the Schedule.
  The maximum amount that may be withdrawn is shown in the
  Schedule.  Any withdrawal you make will not be treated as premium
  only for the purposes of calculating the Surrender Charge.  To
  take a Partial Withdrawal, you must provide us with satisfactory
  notice at our Variable Products Customer Service Center.

FG-IA-1000-12/95
                                     12

<PAGE>
                   Death Benefit Proceeds
------------------------------------------------------------------------------

PROCEEDS PAYABLE TO THE BENEFICIARY

  Prior to the Annuity Commencement Date
  If the sole Owner dies prior to the Annuity Commencement Date, we
  will pay the Beneficiary the death benefit.  If there are joint
  Owners and any Owner dies, we will pay the surviving Owners the
  death benefit.  We will pay the amount on receipt of due proof of
  the Owner's death at our Variable Products Customer Service
  Center.  Such amount may be received in a single lump sum or
  applied to any of the Annuity Options (see Choosing an Income
  Plan).  When the Owner (or all Owners where there are joint
  Owners) is not an individual, the death benefit will become
  payable on the death of the Annuitant prior to the Annuity
  Commencement Date (unless a Contingent Annuitant survived the
  Annuitant).  Only one death benefit is payable under this
  Contract.  In all events, distributions under the Contract must
  be made as required by applicable law.

  How to Claim Payments to Beneficiary
  We must receive proof of the Owner's (or Annuitant's) death
  before we will make any payments to the Beneficiary.  We will
  calculate the death benefit as of the date we receive due proof
  of death.  The Beneficiary should contact our Variable Products
  Customer Service Center for instructions.

  Guaranteed Death Benefit
  On the Contract Date the Guaranteed Death Benefit is equal to the
  premium paid.  On subsequent Valuation Dates, the Guaranteed
  Death Benefit is calculated as shown in the Schedule.  A Change
  of Owner will affect the Guaranteed Death Benefit, as shown in
  the Schedule.

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<PAGE>
                   Choosing an Income Plan
------------------------------------------------------------------------------

ANNUITY BENEFITS

  If the Annuitant and Owner are living on the Annuity Commencement
  Date, we will begin making payments to the Owner.  We will make
  these payments under the Annuity Option (or Options) as chosen in
  the application or as subsequently selected.  You may choose or
  change an Option by making a written request at least 30 days
  prior to the Annuity Commencement Date.  Unless you have chosen
  otherwise, Option 2 on a 10-year period certain basis will become
  effective.  The amount of the payments will be determined by
  applying the Accumulation Value on the Annuity Commencement Date
  in accordance with the Annuity Options section below (See
  Payments We May Defer).  See the Schedule for certain
  restrictions which may apply.  Before we pay any Annuity
  Benefits, we require the return of this Contract.  If this
  Contract has been lost, we require the applicable lost Contract
  form.

ANNUITY COMMENCEMENT DATE SELECTION

  You select the Annuity Commencement Date.  You may select any
  date following the fifth Contract Anniversary but before the
  required date of Annuity Commencement as shown in the Schedule.
  If you do not select a date, the Annuity Commencement Date will
  be in the month following the required date of Annuity
  Commencement.

FREQUENCY SELECTION

  You choose the frequency of the Annuity Payments.  They may be
  monthly, quarterly, semi-annually, or annually.  If we do not
  receive written notice from you, the payments will be made
  monthly.

THE INCOME PLAN

  While this Contract is in effect and before the Annuity
  Commencement Date, you may choose one or more Annuity Options to
  which death benefit proceeds may be applied.  If, at the time of
  the Owner's death, no Option has been chosen for paying death
  benefit proceeds, the Beneficiary may choose an Option within one
  year.  You may also elect an Annuity Option on surrender of the
  Contract for its Cash Surrender Value.  For each Option we will
  issue a separate written agreement putting the Option into
  effect.

  Our approval is needed for any Option where:

          (1)  The person named to receive payment is other than
               the Owner or Beneficiary; or
          (2)  The person named is not a natural person, such as a
               corporation; or
          (3)  Any income payment would be less than the minimum
               annuity income payment shown in the Schedule.

THE ANNUITY OPTIONS

  There are four Options to choose from.  They are:

  Option 1.  Income for a Fixed Period
  Payment is made in equal installments for a fixed number of
  years.  We guarantee each monthly payment will be at least the
  Income For Fixed Period amount shown in the Schedule.  Values for
  annual, semiannual or quarterly payments are available on
  request.

  Option 2.  Income for Life
  Payment is made to the person named in equal monthly installments
  and guaranteed for at least a period certain.  The period certain
  can be 10 or 20 years.  Other periods certain are available on
  request.  A refund certain may be chosen instead.  Under this
  arrangement, income is guaranteed until payments equal the amount
  applied.  If the person named lives beyond the guaranteed period,
  payments continue until his or her death.

  We guarantee each payment will be at least the amount shown in
  the Schedule.  By age, we mean the named person's age on his or
  her last birthday before the Option's effective date.  Amounts
  for ages not shown are available on request.

FG-IA-1000-12/95
                                     14

<PAGE>
             Choosing an Income Plan (continued)
------------------------------------------------------------------------------

  Option 3.  Joint Life Income
  This Option is available if there are two persons named to
  receive payments.  At least one of the persons named must be
  either the Owner or Beneficiary of this Contract.  Monthly
  payments are guaranteed and are made as long as at least one of
  the named persons is living.  The monthly payment amounts are
  available upon request.  Such amounts are guaranteed and will be
  calculated on the same basis as the Table for Income for Life,
  however, the amounts will be based on two lives.

  Option 4.  Annuity Plan
  An amount can be used to buy any single premium annuity we offer
  on the Option's effective date.

  The current annuity payment rates available when the value of the
  Contract is applied to an income plan will be no less than single
  premium immediate annuity rates of the same rating class we then
  offer.

  Guaranteed annuity rates for Option 2 and 3 are based on the 1983
  Individual Mortality Table and an interest rate of three and one-
  half percent per year.  Payments were assumed to be made monthly.
  The interest rate assumed for Option 1 is three percent.

PAYMENT WHEN NAMED PERSON DIES

  When the person named to receive payment dies, we will pay any
  amounts still due as provided by the Option agreement.  The
  amounts still due are determined as follows:

          (1)  For Option 1 or for any remaining guaranteed
               payments in Option 2, payments will be continued.
               Under Options 1 and 2, the discounted values of the
               remaining guaranteed payments may be paid in a
               single sum.  This means we deduct the amount of the
               interest each remaining guaranteed payment would
               have earned had it not been paid out early.  The
               discount interest rate is 3.00% for Option 1 and
               3.50% for Option 2.  We will however, base the
               discount interest rate on the interest rate used to
               calculate the payments for Options 1 and 2 if such
               payments were not based on the Tables in this
               Contract.
          (2)  For Option 3, no amounts are payable after both
               named persons have died.
          (3)  For Option 4, the annuity agreement will state the
               amount due, if any.

FG-IA-1000-12/95
                                     15

<PAGE>
                 Other Important Information
------------------------------------------------------------------------------

SENDING NOTICE TO US

  Whenever written notice is required, send it to our Variable
  Products Customer Service Center.  The address of our Variable
  Products Customer Service Center is shown on the cover page.
  Please include your Contract number in all correspondence.

REPORTS TO OWNER

  We will send you a report, at least once in each Contract
  quarter, within 31 days of each calendar quarter showing the
  Accumulation Value, the Cash Surrender Value and the Death
  Benefit of your Contract as of the end of the Contract Processing
  Period.  The report will also show the allocation of the
  Accumulation Value as of such date and the amounts deducted from
  or added to the Accumulation Value since the last report.  The
  report will also include any other information that may be
  currently required by the insurance supervisory official of the
  jurisdiction in which this Contract is delivered.

  We will also send you copies of any shareholder reports of the
  portfolios in which the Divisions of the Separate Accounts
  invest, as well as any other reports, notices or documents
  required by law to be furnished to Contractowners.

ASSIGNMENT - USING THIS CONTRACT AS COLLATERAL SECURITY

  You can assign this Contract as collateral security for a loan or
  other obligation.  This does not change the ownership.  Your
  rights and any Beneficiary's rights are subject to the terms of
  the assignment.  To make or release an assignment, we must
  receive written notice satisfactory to us at our Variable
  Products Customer Service Center.  We are not responsible for the
  validity of any assignment.

CHANGING THIS CONTRACT

  This Contract or any additional Benefit Riders may be changed to
  another Annuity Plan according to our rules at the time of the
  change.

CONTRACT CHANGES - APPLICABLE TAX LAW

  We reserve the right to make changes in this Contract or its
  Riders to the extent we deem it necessary to continue to qualify
  this Contract as an annuity.  Any such changes will apply
  uniformly to all Contracts that are affected.  You will be given
  advance written notice of such changes.

MISSTATEMENT OF AGE OR SEX

  If an age or sex has been misstated, the amounts payable or
  benefits provided by this Contract shall be those that the
  premium payment made would have bought at the correct age or sex.

NON-PARTICIPATING

  This Contract does not participate in the divisible surplus of
  First Golden American Life Insurance Company of New York.

FG-IA-1000-12/95
                                     16

           Other Important Information (continued)
------------------------------------------------------------------------------

PAYMENTS WE MAY DEFER

  We may not be able to determine the value of the assets of the
  Divisions because:

          (1)  The NYSE is closed for trading;
          (2)  The SEC determines that a state of emergency exists;
               or
          (3)  An order or pronouncement of the SEC permits a delay
               for the protection of Contractowners.
          (4)  The check used to pay the premium has not cleared
               through the banking system.  This may take up to 15
               days.

  During such times, as to amounts allocated to the Divisions, we
  may delay:

          (1)  Determination and payment of the Cash Surrender
               Value;
          (2)  Determination and payment of any death benefit if
               death occurs before the Annuity Commencement Date;
          (3)  Allocation changes of the Accumulation Value; or,
          (4)  Application of the Accumulation Value under an
               income plan.

  We reserve the right to delay payment of amounts allocated to the
  Fixed Account for up to six months.

AUTHORITY TO MAKE AGREEMENTS

  All agreements made by us must be signed by one of our officers.
  No other person, including an insurance agent or broker, can:

          (1)  Change any of this Contract's terms;
          (2)  Extend the time for premium payments; or
          (3)  Make any agreement binding on us.

REQUIRED NOTE ON OUR COMPUTATIONS

  We have filed a detailed statement of our computations with the
  insurance supervisory official in the appropriate jurisdictions.
  The values are not less than those required by the law of that
  state or jurisdiction.  Any benefit provided by an attached
  Optional Benefit Rider will not increase these values unless
  otherwise stated in that Rider.

FG-IA-1000-12/95
                                     17

<PAGE>

DEFERRED COMBINATION VARIABLE AND FIXED ANNUITY CONTRACT - NO
DIVIDENDS

Variable Cash Surrender Values while the Owner is living and prior
to the Annuity Commencement Date.  Death benefit subject to
guaranteed minimum.  Additional Premium Payment Option.  Partial
Withdrawal Option.  Non-participating.  Investment results
reflected in values.

FG-IA-1000-12/95 NQ DB2

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