AMENDMENT TO PARTICIPATION AGREEMENT Among TRANSAMERICA LIFE INSURANCE COMPANY, PIMCO VARIABLE INSURANCE TRUST, and ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
Item 26h.ii.c.
AMENDMENT TO PARTICIPATION AGREEMENT
Among
TRANSAMERICA LIFE INSURANCE COMPANY,
(
PIMCO VARIABLE INSURANCE TRUST,
and
ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
This Amendment dated May 30, 2010 to the Participation Agreement dated July 1, 1999, as amended between Transamerica Life Insurance Company, (f.k.a. PFL Life Insurance Company) (the “Company”), PIMCO Variable Insurance Trust (the “Fund”) and Allianz Global Investors Distributors LLC (f.k.a. Pimco Funds Distributors LLC) (“the “Underwriter”) is effective as of July 1, 2010. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Agreement.
WHEREAS, Transamerica Life Insurance Company, (f.k.a. PFL Life Insurance Company) (the “Company”), PIMCO Variable Insurance Trust (the “Fund”) and Allianz Global Investors Distributors LLC (f.k.a. PIMCO Funds Distributors LLC) (“the “Underwriter”), have entered into a Participation Agreement (“the Agreement”) dated July 1, 1999 and desire to adjust certain provisions of the Agreement;
NOW, THEREFORE, in consideration of their mutual promises, the parties do hereby agree to amend the Agreement as follows:
“Schedule A of the Agreement is hereby deleted in its entirety and replaced with the revised Schedule A attached to this Amendment.”
All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. In the event of a conflict between the Agreement and this Amendment, it is understood and agreed that the provisions of this Amendment shall control.
Effective date: May 30, 2010
TRANSAMERICA LIFE INSURANCE
|
PIMCO VARIABLE INSURANCE
|
COMPANY, TRUST
(f.k.a. PFL Life Insurance Company)
By: /s/ Xxxxxx X. Xxxxx By: /s/ Xxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxx Name: Xxxxx X. Xxxxxxx
Title: Vice President Title: Vice President
ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
By:/s/ Xxxxxx X. Plump
Name: Xxxxxx X. Plump
Title: Managing Director
SCHEDULE A
PIMCO Variable Insurance Trust Portfolios:
Short Duration Bond Portfolios
■
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Money Market Portfolio (Institutional Class)
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■
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Short-Term Portfolio (Institutional Class)
|
■
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Low Duration Portfolio (Institutional Class)
|
Intermediate Duration Bond Portfolios
■
|
Real Return Portfolio (Institutional Class)
|
■
|
CommodityRealReturn® Strategy Portfolio (Administrative Class)
|
■
|
Total Return Portfolio (Institutional Class)
|
■
|
High Yield Portfolio (Institutional Class)
|
Long Duration Bond Portfolios
■
|
Long-Term U.S. Government Bond Portfolio (Institutional Class)
|
International Bond Portfolio
■
|
Global Bond Portfolio (Administrative and Institutional Class)
|
■
|
Foreign Bond Portfolio (Unhedged) (Administrative Class)
|
■
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Foreign Bond Portfolio (U.S. Dollar Hedged) (Institutional Class)
|
■
|
Emerging Markets Bond Portfolio (Administrative Class)
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Asset Allocation Portfolios
■
|
Global Multi-Asset Portfolio (Administrative Class)
|
■
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All Asset Portfolio (Administrative and Institutional Class)
|
Name of Separate Account and Date Established by Board of Directors:
|
Contract Funded by Separate Account:
|
PFL Corporate Account One;
August 10, 1998 (1940 Act Exclusion)
|
Advantage V Variable Adjustable Life Insurance Policy (1933 Act Exempt)
|
Transamerica Corporate Separate Account Sixteen; June 16, 2003
|
Advantage X Variable Adjustable Life Insurance Policy
|
November 23, 2009
|
Advantage R3 Variable Adjustable Life Insurance Policy
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S:\fundcomp\REORGANIZATION\Agreements\Participation Agreements\PIMCO\PIMCO TLIC Amend - 5-30-10.doc