EXHIBIT (8)(h)(1) Amendment No. 1 to Participation Agreement (PIMCO) AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT Among MERRILL LYNCH LIFE INSURANCE COMPANY, PIMCO VARIABLE INSURANCE TRUST, and PIMCO FUNDS DISTRIBUTORS LLC
EXHIBIT (8)(h)(1)
Amendment No. 1 to Participation Agreement (PIMCO)
AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT
Among
XXXXXXX XXXXX LIFE INSURANCE COMPANY,
PIMCO VARIABLE INSURANCE TRUST,
and
PIMCO FUNDS DISTRIBUTORS LLC
This Amendment No. 1 to the Participation Agreement dated April 3, 2000 (the “Agreement”)
between Xxxxxxx Xxxxx Life Insurance Company (the “Company”), PIMCO Variable Insurance Trust (the
“Fund”), and PIMCO Funds Distributors LLC (the “Underwriter”) is effective as of April 3, 2000.
Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the
Agreement.
WHEREAS, the Company, the Fund, and the Underwriter have entered into the Agreement to
provide for the purchase by the Company, on behalf of one or more of its segregated asset
accounts (“Accounts”), of shares of beneficial interest of the several series (“Portfolios”)
of the Fund;
WHEREAS, the Fund, effective April 1, 2000, began offering shares of its Portfolios in two
classes, designated “Institutional Class” shares and “Administrative Class” shares;
WHEREAS, the shares of the Portfolios offered prior to April 1, 2000 have been designated
as Administrative Class shares;
NOW, THEREFORE, in consideration of their mutual promises, the Company, the Fund and the
Underwriter agree that the final WHEREAS clause in the Agreement be amended to read as follows:
“WHEREAS, to the extent permitted by applicable insurance laws and regulations, the
Company intends to purchase Administrative Class shares in the Portfolios listed in
Schedule A hereto, as it may be amended from time to time by mutual written
agreement (the “Designated Portfolios”) on behalf of the Account to fund the
aforesaid Contracts, and the Underwriter is authorized to sell such shares to the
Account at net asset value;”
This Amendment No. 1 may be executed simultaneously in two or more counterparts, each of which
taken together shall constitute one and the same instrument.
XXXXXXX XXXXX LIFE INSURANCE COMPANY | ||||||
By its authorized officer | ||||||
By: Title: |
/s/ [ILLEGIBLE]
|
|||||
Date: | 9/25/00 | |||||
PIMCO VARIABLE INSURANCE TRUST | ||||||
By its authorized officer | ||||||
By: Title: |
/s/ [ILLEGIBLE]
|
|||||
Date: | [ILLEGIBLE] | |||||
PIMCO FUNDS DISTRIBUTORS LLC | ||||||
By its authorized officer | ||||||
By: Title: |
/s/ [ILLEGIBLE]
|
|||||
Date: | 12/13/00 |
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