SECOND AMENDMENT TO FUND PARTICIPATION AGREEMENT
SECOND AMENDMENT TO
This Amendment (this “Amendment”) dated September 1, 2020 amends the Fund Participation Agreement dated July 1, 2017, (the “Agreement”) made by and among Protective Life Insurance Company, a life insurance company organized under the laws of the State of Tennessee, (the “Company”) on behalf of its separate accounts and associated contracts listed on Schedule A to the Agreement, and Northern Lights Variable Trust (the “Trust”) on behalf of its series listed on Schedule B to the Agreement.
WHEREAS, the parties wish to amend the Agreement to update the separate accounts listed in Schedule A and the Funds listed in Schedule B;
NOW THEREFORE, the Trust and the Company hereby agree to amend the Agreement as follows:
- Schedules A and B. Schedules A and B to the Agreement are hereby deleted in their entirety and replaced with Schedules A and B attached hereto.
- 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.
- 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.
- 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.
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IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of the day and year first above written.
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NORTHERN LIGHTS VARIABLE TRUST ON BEHALF OF EACH FUND LISTED ON SCHEDULE B
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PROTECTIVE LIFE INSURANCE COMPANY ON BEHALF OF ITSELF AND EACH SEPARATE ACCOUNT LISTED ON SCHEDULE A
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By:________________________________
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By:_________________________________
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Name: Xxxxxxxxx Xxxxxxx
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Name:
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Title: Secretary
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Title:
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SCHEDULE A
Amended and Restated as of December 1, 2020
Separate Accounts and Associated Contracts
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Separate Account and Date Established by the Board of Directors
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Contracts/Policies Funded by the Separate Account
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Protective Variable Life Separate Account (February 22, 1995)
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Protective® Investors Choice VUL
Protective® Strategic Objectives VUL
Strategic Objectives VUL II
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Protective Variable Annuity Separate Account (December 23, 1993)
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Protective® Investors Benefit Variable Annuity
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PLICO Variable Annuity Account S
(July 2, 2020)
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Schwab Genesis Advisory Variable Annuity
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Protective COLI PPVUL Separate Account (April 14, 2020)
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Protective® Executive Benefits Private Placement VUL
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SCHEDULE B
Amended and Restated as of December 1, 2020
Participating Portfolios
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Fund
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Classes
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TOPS® Conservative ETF Portfolio
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Class 1
Class 2
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TOPS® Balanced ETF Portfolio
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Class 1
Class 2
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TOPS® Moderate Growth ETF Portfolio
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Class 1
Class 2
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TOPS® Growth ETF Portfolio
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Class 1
Class 2
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TOPS® Aggressive Growth ETF Portfolio
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Class 1
Class 2
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TOPS® Managed Risk Growth ETF Portfolio
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Class 2
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TOPS® Managed Risk Moderate Growth ETF Portfolio
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Class 2
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TOPS® Managed Risk Balanced ETF Portfolio
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Class 2
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