AMENDMENT TO PARTICIPATION AGREEMENT

AMENDMENT TO PARTICIPATION AGREEMENT

The Participation Agreement, dated December 1, 1999, as amended, by and among, Allianz Life Insurance Company of North America, PIMCO Variable Insurance Trust, and PIMCO Investments LLC (formerly Allianz Global Investors Distributors LLC) is hereby amended by deleting the existing Schedule A, and inserting in lieu thereof the following:

SCHEDULE A

(revised effective April 30, 2012)

PIMCO Variable Insurance Trust Portfolios:

1.   PIMCO VIT All Asset Portfolio

2.   PIMCO VIT CommodityRealReturn® Strategy Portfolio

3.   PIMCO VIT Emerging Markets Bond Portfolio

4.   PIMCO VIT Global Advantage Strategy Bond Portfolio

5.   PIMCO VIT Global Bond Portfolio (Unhedged)

6.   PIMCO VIT Global Multi-Asset Portfolio

7.   PIMCO VIT High Yield Portfolio

8.   PIMCO VIT Real Return Portfolio

9.   PIMCO VIT Total Return Portfolio

10. PIMCO VIT Unconstrained Bond Portfolio

11. PIMCO VIT Global Multi-Asset Managed Volatility Portfolio

IN WITNESS WHEREOF, the parties have caused their duly authorized officers to execute this amendment to the participation agreement, as amended, as of April 30, 2012.

Allianz Life Insurance Company of North America

By:   /s/ Xxxxx Xxxxxx

      _________________________________

Name:  Xxxxx X. Xxxxxx

Title:    Vice President, Investments

PIMCO Variable Insurance Trust

By:    /s/ Xxxx X. Xxxxxxx

     ________________________________

Name:  Xxxx X. Xxxxxxx

Title:  Vice President

PIMCO Investments LLC

By:     /s/ Xxxxxx X. Plump

     ________________________________

Name: Xxxxxx X. Plump

Title:    Vice President