EXHIBIT (8)(g)(1)
AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT
(NATIONS)
AMENDMENT NO. 1 TO THE
FUND PARTICIPATION AGREEMENT
THE PARTICIPATION AGREEMENT (the "Agreement") made on the 1st day of May,
2001, between NATIONS SEPARATE ACCOUNT TRUST, an open-end management investment
company organized as a Delaware business trust, TRANSAMERICA LIFE INSURANCE
COMPANY, a life insurance company organized under the laws of the State of Iowa
(the "Company"), on its own behalf and on behalf of each segregated asset
account of the Company set forth on Schedule A, as may be amended from time to
time (the "Accounts"), XXXXXXXX INC., an Arkansas corporation, and AFSG
SECURITIES CORPORATION, an affiliate of the Company and the distributor of the
Contracts (as defined in the Agreement) , is hereby amended as follows:
Schedule A of the Agreement is hereby deleted in its entirety and replaced
with the following:
SCHEDULE A
Accounts
----------------------------------------------------------------------------------------
Name of Account and Date of
Resolution of Company's Policies Funds
Board which established the
Account
----------------------------------------------------------------------------------------
Retirement Builder Variable Retirement Income Builder II . Nations High Yield
Annuity Account Variable Annuity Bond Portfolio
(March 29, 1996) . Nations International
Value Portfolio
. Nations Xxxxxxx
Growth Portfolio
. Nations Xxxxxxx
Focused Equities
Portfolio
. Nations Xxxxxxx
International
Opportunities
Portfolio
. Nations Xxxxxxx 21st
Century Portfolio
. Nations MidCap Growth
Portfolio
----------------------------------------------------------------------------------------
Accounts continued...
----------------------------------------------------------------------------------------
Name of Account and Date of
Resolution of Company's Policies Funds
Board which established the
Account
----------------------------------------------------------------------------------------
Separate Account V A J Immediate Income Builder II . Nations High Yield
(May 15,2000) Bond Portfolio
. Nations International
Value Portfolio
. Nations Xxxxxxx
Growth Portfolio
. Nations Xxxxxxx
Focused Equities
Portfolio
. Nations Xxxxxxx
International
Opportunities
Portfolio
. Nations Xxxxxxx 21st
Century Portfolio
. Nations MidCap Growth
Portfolio
----------------------------------------------------------------------------------------
Separate Account V A K Retirement Income Builder III . Nations High Yield
(July 10,2001) Variable Annuity Bond Portfolio
. Nations International
Value Portfolio
. Nations Xxxxxxx
Growth Portfolio
. Nations Xxxxxxx
Focused Equities
Portfolio
. Nations Xxxxxxx
International
Opportunities
Portfolio
. Nations Xxxxxxx 21st
Century Portfolio
. Nations MidCap Growth
Portfolio
----------------------------------------------------------------------------------------
2
All other terms and provisions of the Agreement not amended herein shall
remain in full force and effect.
Effective date: May 1, 2002
NATIONS SEPARATE ACCOUNT TRUST
By: /s/ A. Xxx Xxxxxx
--------------------------------
A. Xxx Xxxxxx
President
TRANSAMERICA LIFE INSURANCE COMPANY
By: /s/ Xxxxx X. Xxxxxx
--------------------------------
Xxxxx X. Xxxxxx
President
XXXXXXXX INC.
By: /s/ Xxxxxxx X. Xxxxx, Xx.
--------------------------------
Xxxxxxx X. Xxxxx, Xx.
Senior Vice-President
AFSG SECURITIES CORPORATION
By: /s/ Xxxxx X. Xxxxxx
--------------------------------
Xxxxx X. Xxxxxx
President
3