Amendment No. 1 to Participation Agreement among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Western Reserve Life Assurance Co. of Ohio and Transamerica Capital, Inc. dated May 1, 2009
26(h)(xxiv)
Amendment No. 1 to Participation Agreement among Franklin Xxxxxxxxx Variable Insurance Products
Trust, Franklin/Xxxxxxxxx Distributors, Inc., Western Reserve Life Assurance Co. of Ohio and
Transamerica Capital, Inc. dated May 1, 2009
Amendment No. 1 to
Participation Agreement
Franklin Xxxxxxxxx Variable Insurance Products Trust
Franklin/Xxxxxxxxx Distributors, Inc.
Western Reserve Life Assurance Co. Of Ohio
Transamerica Capital, Inc.
Franklin Xxxxxxxxx Variable Insurance Products Trust (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc. (the “Underwriter,” and together with the Trust, “we” or “us”), Western Reserve Life Assurance Co. of Ohio (the “Company”), and Transamerica Capital, Inc., your distributor (the “Distributor,” and together with the Company, “you”), on your behalf and on behalf of certain Accounts, have previously entered into a Participation Agreement dated as of November 10, 2008 (the “Agreement”). The parties now desire to amend the Agreement by this amendment (the “Amendment”).
Except as modified hereby, all other terms and conditions of the Agreement shall remain in full force and effect. Unless otherwise indicated, the terms defined in the Agreement shall have the same meaning in this Amendment.
A M E N D M E N T
For good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree to amend the Agreement as follows:
1. |
Schedules B of the Agreement is deleted and replaced in its entirety with the Schedule B attached hereto. |
2. |
All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. |
IN WITNESS WHEREOF, each of the parties has caused its duly authorized officers to execute this Amendment effective as of May 1, 2009.
The Trust: Franklin Xxxxxxxxx Variable Insurance Products Trust
Only on behalf of
each Portfolio listed
on Schedule C of
the Agreement. By: /s/ Xxxxx X. Xxxxxxxx
Name: Xxxxx X. Xxxxxxxx
Title: Vice President
The Underwriter: Franklin/Xxxxxxxxx Distributors, Inc.
By: /s/ Xxxxxx Xxxxxx
Name: Xxxxxx Xxxxxx
Title: Senior Vice President
The Company: WESTERN RESERVE LIFE ASSURANCE
CO. OF OHIO
By: /s/ Xxxxxx X. Xxxxx
Name:
Xxxxxx X. Xxxxx
Title: Vice President
The
Distributor: Transamerica Capital, Inc.
By: /s/ Xxxxxx X. Xxxxx
Name: Xxxxxx X. Xxxxx
Title: Assistant Vice President
Schedule B
Accounts of the Company
Name of Account |
SEC Registration |
Separate Account VA AA |
Yes |
Separate Account VA U |
Yes |
Separate Account VA V |
Yes |
Yes |
|
Yes |