AMENDMENT TO THE PARTICIPATION AGREEMENT AMONG PROTECTIVE LIFE INSURANCE COMPANY, GOLDMAN SACHS VARIABLE INSURNACE TRUST AND GOLDMAN SACHS & CO. LLC
AMENDMENT TO THE PARTICIPATION AGREEMENT
AMONG PROTECTIVE LIFE INSURANCE COMPANY,
XXXXXXX XXXXX VARIABLE INSURNACE TRUST
AND XXXXXXX XXXXX & CO. LLC
THIS AMENDMENT TO THE PARTICIPATION AGREEMENT (the “Amendment”) is made as of this 23rd day of April, 2024 by and between XXXXXXX XXXXX VARIABLE INSURANCE TRUST, a statutory trust formed under the laws of Delaware (the “Trust”), Xxxxxxx Xxxxx & Co. LLC, a New York limited liability company (the “Distributor”), and PROTECTIVE LIFE INSURANCE COMPANY, a Tennessee life insurance company (the “Company”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Agreement (defined below).
RECITALS
WHEREAS, the Trust, Distributor and Company are parties to a certain Participation Agreement dated December 19, 2003, as amended (the “Agreement”), in which the Company offers to the public certain variable annuity contracts and variable life insurance contracts; and
WHEREAS, the parties desire to amend Schedule 1 and Schedule 3 of the Agreement; and
WHEREAS, the parties now desire to further modify the Agreement as provided herein.
NOW, THEREFORE, in consideration of the mutual promises set forth herein, the parties hereto agree as follows:
1.
Schedule 1 of the Agreement is hereby deleted in its entirety and replaced with Schedule 1 attached hereto.
2.
Schedule 3 of the Agreement is hereby deleted in its entirety and replaced with Schedule 3 attached hereto.
3.
Ratification and Confirmation of Agreement. In the event of a conflict between the terms of this Amendment and the Agreement, it is the intention of the parties that the terms of this Amendment shall control and the Agreement shall be interpreted on that basis. To the extent the provisions of the Agreement have not been amended by this Amendment, the parties hereby confirm and ratify the Agreement.
4.
Counterparts.
This Amendment may be executed in two or more counterparts, each of which shall be an original and all of which together shall constitute one instrument.
5.
Full Force and Effect. Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.
WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first above written.
XXXXXXX XXXXX VARIABLE INSURANCE TRUST
By: /s/ Xxxxx Xxxxx______________________
Name: Xxxxx Xxxxx______________________
Title: Managing Director__________________
XXXXXXX XXXXX & CO. LLC
By: /s/ Xxxxx Xxxxxx____________________
Name: Xxxxx Xxxxxx______ _____________
Title: Managing Director
PROTECTIVE LIFE INSURANCE COMPANY
By: /s/ Xxxxx Xxxxxx_______________________
Name: _Xxxxx Xxxxxx_______________________
Title: _Chief Product Officer, Retirement Division
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Schedule 1
Accounts of the Company
Investing in the Trust
|
Name of Account
|
Date Established
|
SEC 1940 Act Registration Number
|
Type of Product Supported by Account
|
|
12/23/1993
|
811-08108
|
Variable Annuities
|
|
|
The Protective Variable Life Separate Account
|
2/15/1995
|
811-07337
|
Variable Life
|
|
PLICO Variable Annuity Account S
|
7/02/2020
|
811-23593
|
Variable Annuities
|
|
Protective COLI PPVUL
|
4/14/2020
|
Unregistered
|
PPVUL
|
|
Protective BOLI PPVUL
|
9/1/2020
|
Unregistered
|
PPVUL
|
|
Protective COLI PPVUL SV
|
4/14/2020
|
Unregistered
|
PPVUL
|
|
Protective COLI VUL
|
2/25/2020
|
811-23604
|
Registered COLI VUL
|
Schedule 3
Trust Classes and Series
Available Under each Class of Contracts
Effective April 15, 2024, the following Trust Classes and Series are available under the Contracts:
|
Contracts Marketing Name
|
Trust Classes and Series
|
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|
Elements Access
Elements Classic
Elements Plus
MileageCredit
Protective Advantage
Protective Aspirations
Protective Dimensions
Protective Dimensions II
Protective Dimensions III
Protective Dimensions IV
Protective Dimensions V
Protective Investors Benefit Advisor Variable Annuity
Protective Investors Benefit Advisory VUL
Protective Investors Choice VUL
Protective Premiere Executive
Protective Premiere I
Protective Premiere II
Protective Premiere III
Protective Premiere Protector
Protective Premiere Provider
Protective Premiere Survivor
Protective Preserver
Protective Preserver II
Protective Single Premium Plus
Protective Strategic Objectives
Protective Strategic Objectives II
Protective Variable Annuity (L,B,C Series)
Protective Variable Annuity
Protective Variable Annuity II
Protective Variable Annuity II B Series
Protective Variable Annuity Investor Series
ProtectiveAccess
ProtectiveAccess XL
ProtectiveRewards B2A
ProtectiveRewards Elite
ProtectiveRewards II
ProtectiveValues Access
ProtectiveValues Advantage
ProtectiveValues Variable Annuity
Schwab Genesis Advisory Variable Annuity
Schwab Genesis Variable Annuity
Transitions
|
All available Xxxxxxx Xxxxx Variable Insurance Trust Funds (Institutional and Service Shares)
|
|
Protective Private Placement VUL (Protective COLI PPVUL separate account, Protective BOLI PPVUL separate account, Protective COLI PPVUL SV separate account)
|
All available Xxxxxxx Xxxxx Variable Insurance Trust Funds (Institutional and Service Shares)
|
|
Protective Executive Benefits Registered VUL
|
All available Xxxxxxx Xxxxx Variable Insurance Trust Funds (Institutional and Service Shares)
|
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