THIRD AMENDMENT TO PARTICIPATION AGREEMENT
THIRD AMENDMENT TO
THIS AMENDMENT effective as of the 1st day of October, 2016.
WHEREAS, Great-West Life & Annuity Insurance Company, Great-West Life & Annuity Insurance Company of New York (collectively the “Company”), GWFS Equities, Inc. (“GWFS”), Xxxxxxx & Xxxx, Inc. (“W&R”), distributor for Ivy Funds Variable Insurance Portfolios, and Ivy Funds Variable Insurance Portfolios (the “Ivy Funds VIP”) entered into said Participation Agreement dated April 14, 2015, as amended, (the “Agreement”); and
WHREAS, effective October 1, 2016, W&R was replaced by Xxx Distributors, Inc. (“IDI”), an affiliate of Xxxxxxx & Recd, Inc., as the principal underwriter of Ivy Funds VIP;
WHEREAS, effective October 1, 2016, Ivy Funds VIP changed its name to Ivy Variable Insurance Portfolios (“Ivy VIP”);
NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth, and intending to be legally bound, the parties do hereby agree to the following amendments to the Agreement:
| 1. | Effective as of October 1, 2016, W&R is no longer a party to the Agreement and IDI replaces W&R as a party to the Agreement. |
| 2. | Effective as of October 1, 2016, all references to W&R in the Agreement are hereby changed to IDI. |
| 3. | Effective as of October 1, 2016, all references to Ivy Funds VIP in the Agreement are hereby changed to Ivy VIP. |
| 4. | All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. |
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IN WITNESS WHEREOF, the undersigned have executed the Amendment as of the date first above written.
| XXXXXXX & XXXX, INC. | IVY DISTRIBUTORS, INC. | |||
| /s/ Xxxxxx X. Xxxxx | /s/ Xxxxxx X. Xxxxx | |||
| By: | Xxxxxx X. Xxxxx | By: | Xxxxxx X. Xxxxx | |
| Title: | Chief Executive Officer | Title: | President | |
| IVY VARIABLE INSURANCE PORTFOLIOS | ||||
| /s/ Xxxxxx X. Xxxxxxx | ||||
| By: | Xxxxxx X. Xxxxxxx | |||
| Title: | President | |||
| GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY | GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY OF NEW YORK | |||
| /s/ Xxxxxxx X. Xxxxxx | /s/ Xxxxxxx X. Xxxxxx | |||
| By: | Xxxxxxx X. Xxxxxx | By: | Xxxxxxx X. Xxxxxx | |
| Title: | Senior Vice President | Title: | Senior Vice President | |
| GWFS EQUITIES, INC. | ||||
| /s/ Xxxxxxx X. Xxxxxx | ||||
| By: Xxxxxxx X. Xxxxxx | ||||
| Title: Senior Vice President | ||||
