Exhibit 27(h)viiib
AMENDMENT TO PARTICIPATION AGREEMENT
This AMENDMENT TO PARTICIPATION AGREEMENT dated as of June 16, 2003, by
and among ROYCE CAPITAL FUND ("Trust"), ROYCE & ASSOCIATES, LLC ("Adviser") and
TRANSAMERICA LIFE INSURANCE COMPANY ("Company").
WITNESSETH:
WHEREAS, the parties hereto have entered into a Participation Agreement
dated as of April 5, 2002 (the "Participation Agreement"), pursuant to which the
Adviser has agreed to make shares of the Trust available for purchase and
redemption by certain Accounts of the Company in connection with the Company's
Variable Insurance Products; and
WHEREAS, the parties desire to modify the Participation Agreement in
certain respects;
NOW, THEREFORE, in consideration of the mutual covenants contained
herein, the parties hereto, intending to be legally bound, hereby agree as
follows:
1. Defined Terms. Unless otherwise defined herein, capitalized terms in
this Amendment shall have the meanings assigned in the Participation Agreement.
(a) Amendment of Participation Agreement. The Participation
Agreement is hereby amended by replacing Schedule A to the
Participation Agreement with Schedule A attached to this
Amendment.
3. No Other Modifications. Except as specifically modified hereby, the
Participation Agreement remains in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed on their behalf by their duly authorized officers as of the day and
year first above written.
TRUST:
ROYCE CAPITAL FUND
By: ____________________________________
Name: __________________________________
Title: _________________________________
ADVISER:
ROYCE & ASSOCIATES, LLC
By: ____________________________________
Name: __________________________________
Title: _________________________________
COMPANY:
TRANSAMERICA LIFE INSURANCE COMPANY
By: ____________________________________
Name: __________________________________
Title: _________________________________
SCHEDULE A
SEPARATE ACCOUNTS, ASSOCIATED CONTRACTS AND PORTFOLIOS
NAME OF SEPARATE ACCOUNT AND DATE POLICY FORM NUMBERS
ESTABLISHED BY THE BOARD OF DIRECTORS OF CONTRACTS FUNDED APPLICABLE PORTFOLIOS
------------------------------------- ------------------- ---------------------
PFL Corporate Account One Advantage V Royce Small-Cap Portfolio
Established October 10, 1998 Form Number WL 712 136 84 798 Royce Micro-Cap Portfolio
(may vary by state)
Transamerica Corporate Separate Advantage X Royce Small-Cap Portfolio
Account Sixteen Form Number EM VC1 TL703 Royce Micro-Cap Portfolio
Established June 16, 2003 (may vary by state)