EXHIBIT NO. (8)(d)(1)
AMENDMENT NO. 2 TO PARTICIPATION AGREEMENT
(FRANKLIN XXXXXXXXX)
Amendment No. 2 to the
Participation Agreement
Franklin Xxxxxxxxx Variable Insurance Products Trust
Franklin Xxxxxxxxx Distributors, Inc.
Transamerica Life Insurance Company
This Amendment No. 2 is incorporated in and made a part of the
Participation Agreement (the "Agreement") made as of the 1st day of May, 2000,
by and among Franklin Xxxxxxxxx Variable Insurance Products Trust (the "Trust"),
Franklin Xxxxxxxxx Distributors, Inc. (the "Underwriter"), and Transamerica Life
Insurance Company (the "Company"). All terms used that are not defined in this
Amendment shall have the same meanings as the same terms used in the Agreement.
1. Schedule B of the Agreement is hereby deleted in its entirety and
replaced with the following:
Schedule B
Accounts of the Company
1. Name: Retirement Builder Variable Annuity Account
Date Established: March 29, 1996
SEC Registration Number: 811-07689
2. Name: Separate Account VA I
Date Established: May 15, 2000
SEC Registration Number: 811-10147
3. Name: Separate Account VA K
Date Established: July 10, 2001
SEC Registration Number: 811-10617
2. Schedule C of the Agreement is hereby deleted in its entirety and
replaced with the following:
Schedule C
Available Portfolios and Classes of Shares of the Trust; Investment Advisers
Franklin Xxxxxxxxx Variable Insurance Products Trust Investment Adviser
---------------------------------------------------- ------------------
Templeton Global Asset Allocation Fund Class 2 Xxxxxxxxx Investment Counsel LLC
Templeton Foreign Securities Fund Class 2 Xxxxxxxxx Investment Counsel LLC
Franklin Small Cap Fund Class 2 Franklin Advisers, Inc.
Franklin Growth and Income Fund Class 2 Franklin Advisers, Inc.
Franklin Income Fund Class 2 Franklin Advisers, Inc.
Templeton Developing Markets Securities Fund Class 2 Xxxxxxxxx Asset Management Ltd.
Mutual Shares Securities Fund Class 2 Franklin Mutual Advisers, LLC
3. Schedule D of the Agreement is hereby deleted in its entirety and
replaced with the following:
Schedule D
Contracts of the Company
---------------------------------------------------------------------------------------------------------------------------------
Contract 1 Contract 2
---------------------------------------------------------------------------------------------------------------------------------
Contract/Product Name Portfolio Select Principal-Plus Retirement Income Builder
Variable Annuity Variable Annuity III Variable Annuity
---------------------------------------------------------------------------------------------------------------------------------
Registered (Y/N) Yes Yes Yes
---------------------------------------------------------------------------------------------------------------------------------
SEC Registration 333-07509 333-46594 333-76230
Number
---------------------------------------------------------------------------------------------------------------------------------
Representative Form AV288 101 95 796 AV288 101 95 796 AV721 101 149 1001
Numbers (may vary by state) (may vary by state) (may vary by state)
---------------------------------------------------------------------------------------------------------------------------------
Separate Account Name / Retirement Builder Variable Separate Account VA I Separate Account VA I
Date Established Annuity Account July 10, 2001
---------------------------------------------------------------------------------------------------------------------------------
SEC Registration 811-07689 811-10147 811-10617
Number
---------------------------------------------------------------------------------------------------------------------------------
Portfolios and Classes - Franklin Small Cap Fund Franklin Growth and Income Franklin Small Cap Fund
Adviser Class 2 - Franklin Fund Class 2 - Franklin Class 2 - Franklin
Advisers, Inc. Advisers, Inc. Advisers, Inc.
Templeton Global Asset Franklin Income Fund Class Mutual Shares Securities
Allocation Fund Class 2 - 2 - Franklin Fund Class 2 - Franklin
Xxxxxxxxx Investment Advisers, Inc. Mutual Advisers, LLC
Counsel LLC
Franklin Small Cap Fund Templeton Foreign
Templeton Foreign Class 2 - Franklin Securities Fund Class 2 -
Securities Fund Class 2 - Advisers, Inc. Xxxxxxxxx Investment
Xxxxxxxxx Investment Counsel LLC
Counsel LLC Templeton Foreign
Securities Fund Class 2 -
Templeton Developing Xxxxxxxxx Investment
Markets Securities Fund Counsel LLC
Class 2 - Xxxxxxxxx Asset
Management Ltd.
---------------------------------------------------------------------------------------------------------------------------------
4. Schedule E of the Agreement is hereby deleted in its entirety and
replaced with the following:
Schedule E
Other Portfolios Available under the Contracts
-------------------------------------------------------------------------------------------------------------------------
Portfolio Select Variable Annuity(SM)
-------------------------------------------------------------------------------------------------------------------------
AIM Variable Insurance Funds Xxxxxxxxxxx Variable Account Funds
AIM V.I. Capital Appreciation Fund Xxxxxxxxxxx Capital Appreciation Fund/VA
AIM V.I. Growth and Income Fund Xxxxxxxxxxx Main Street Growth & Income Fund/VA
AIM V.I. International Equity Fund Xxxxxxxxxxx Multiple Strategies Fund/VA
AIM V.I. Value Fund Xxxxxxxxxxx Strategic Bond Fund/VA
AIM V.I. Dent Demographic Trends Fund
Xxxxxx Variable Trust - Class IB Shares
Alliance Variable Products Series Xxxxxx VT Global Growth Fund
Fund, Inc. - Class B Xxxxxx VT Growth and Income Fund
Alliance Premier Growth Portfolio Xxxxxx VT Growth Opportunities Fund
Alliance Technology Portfolio Xxxxxx VT Money Market Fund
Xxxxxx VT New Value Fund
Xxxxx Variable Account Fund, Inc.
Xxxxx Value Portfolio Variable Insurance Products Fund
(VIP) - Service Class
Evergreen Variable Trust Fidelity - VIP High Income Portfolio
Evergreen VA Fund
Evergreen VA Foundation Fund Variable Insurance Products Fund
Evergreen VA Global Leaders Fund (VIP) - Service Class 2
Evergreen VA Growth and Income Fund Fidelity - VIP Equity-Income Portfolio
Evergreen VA Blue Chip Fund Fidelity - VIP Growth Portfolio
Evergreen VA International Growth Fund
Evergreen VA Omega Fund Variable Insurance Products Fund II
Evergreen VA Capital Growth Fund (VIP II) - Initial Class
Evergreen VA Growth Fund Fidelity - VIP II Index 500 Portfolio
Evergreen VA High Income Fund Fidelity - VIP II Investment Grade Bond Portfolio
Federated Insurance Series Variable Insurance Products Fund III
Federated American Leaders Fund II (VIP III) - Service Class
Federated High Income Bond Fund II Fidelity - VIP III Growth Opportunities Portfolio
MFS(R) Variable Insurance Trust(SM)
MFS Emerging Growth Series
MFS Research Series
MFS Total Return Series
MFS Utilities Series
-------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------
Principal-Plus Variable Annuity
-------------------------------------------------------------------------------------------------------------------------
AIM Variable Insurance Funds - Series II Shares Xxxxxxxxxxx Variable Account
AIM V.I. Blue Chip Fund Funds - Service Shares
AIM V.I. Capital Appreciation Fund Xxxxxxxxxxx Capital Appreciation Fund/VA
AIM V.I. Value Fund Xxxxxxxxxxx Global Securities Fund/VA
Xxxxxxxxxxx Main Street Growth & Income Fund/VA
Federated Insurance Series
Federated Prime Money Fund II Xxxxxx Variable Trust - Class IB Shares
Xxxxxx VT Diversified Income Fund
First American Insurance Xxxxxx VT Growth and Income Fund
Portfolios, Inc. - Class IB Shares Xxxxxx VT Income Fund
First American Large Cap Growth Portfolio Xxxxxx VT Investors Fund
First American Mid Cap Growth Portfolio Xxxxxx VT New Value Fund
First American Small Cap Growth Portfolio Xxxxxx VT The Xxxxxx Xxxxxx Fund of Boston
First American Technology Portfolio
MFS(R) Variable Insurance Trust(SM) - Service Shares
MFS Investors Growth Stock Series
MFS Research Series
MFS Total Return Series
-------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------
Retirement Income Builder III Variable Annuity
-------------------------------------------------------------------------------------------------------------------------
AEGON/Transamerica Series Fund, Inc. MFS(R) Variable Insurance Trust(SM) - Service Class
Aggressive Asset Allocation Fund MFS Emerging Growth Series
Conservative Asset Allocation Fund MFS Research Series
Moderate Asset Allocation Fund MFS Total Return Series
Moderately Aggressive Asset Allocation Fund MFS Utilities Series
AEGON Bond
Dreyfus Mid Cap Nations Separate Account Trust
Dreyfus Small Cap Value Nations High Yield Bond Portfolio
Federated Growth & Income Nations International Value Portfolio
Janus Growth Nations Xxxxxxx Growth Portfolio
Xxxxxxxx Growth Nations Xxxxxxx Focused Equities Portfolio
MFS High Yield Nations Xxxxxxx International Opportunities Portfolio
PIMCO Total Return Nations Xxxxxxx 21/st/ Century Portfolio
Third Avenue Value Nations MidCap Growth Portfolio
X. Xxxx Price Equity Income
X. Xxxx Price Small Cap Xxxxxxxxxxx Variable Account Funds -
Transamerica Growth Service Shares
Transamerica Money Market Xxxxxxxxxxx Capital Appreciation Fund/VA
Xxx Xxxxxx Emerging Growth Xxxxxxxxxxx Main Street Growth & Income Fund/VA
Xxxxxxxxxxx Strategic Bond Fund/VA
AIM Variable Insurance Funds - Series II
AIM V.I. Capital Appreciation Fund Xxxxxx Variable Trust - Class IB Shares
AIM V.I. Core Equity Fund Xxxxxx VT Growth and Income Fund
AIM V.I. Premier Equity Fund Xxxxxx VT Research Fund
Alliance Variable Products Series Fund, Inc. - Variable Insurance Products Fund (VIP) -
Class B Service Class 2
Alliance Premier Growth Portfolio Fidelity - VIP Equity-Income Portfolio
Alliance Technology Portfolio Fidelity - VIP Growth Portfolio
Janus Aspen Series - Service Shares Variable Insurance Products Fund III (VIP III) - Service
Janus Aspen - Worldwide Growth Portfolio Class 2
Fidelity - VIP III Growth Opportunities Portfolio
Fidelity - VIP III Mid Cap Portfolio
-------------------------------------------------------------------------------------------------------------------------
5. Schedule F of the Agreement is hereby amended and the following two
sections are replaced as follows:
Schedule F
Rule 12b-1 Plans
Portfolio Name Maximum Annual Payment Rate
-------------- ---------------------------
Franklin Growth and Income Fund 0.25%
Franklin Income Fund 0.25%
Franklin Small Cap Fund 0.25%
Templeton Global Asset Allocation Fund 0.25%
Xxxxxxxxx Foreign Securities Fund 0.25%
Xxxxxxxxx Developing Markets Securities Fund 0.25%
Mutual Shares Securities Fund 0.25%
IN WITNESS WHEREOF, each of the parties have caused their duly authorized
officers to execute this Agreement as of May 1, 2002:
The Company: Transamerica Life Insurance Company
By:____________________________________
Name: Xxxxx X. Xxxxxx
Title: President
The Trust: Franklin Xxxxxxxxx Variable Insurance Products Trust
Only on behalf of each
Portfolio listed on
Schedule C hereof. By:____________________________________
Name:
Title:
The Underwriter: Franklin Xxxxxxxxx Distributors, Inc.
By:____________________________________
Name:
Title:
