Putnam Variable Trust

Exhibit 8(ix)(b)

November 12, 1999

Cova Financial Life Insurance Company

Xxx Xxxxx Xxxx – Xxxxx 0000

Xxxxxxx Xxxxxxxx, IL 60181

Xxxxxx Variable Trust

Dear Sirs:

We refer to the Participation Agreement (the “Agreement”), dated as of December 12, 1997, among Xxxxxx Variable Trust (“PVT”), Xxxxxx Mutual Funds Corp. (“PMF”) and Cova Financial Life Insurance Company (“Cova”). PVT, PMF and Cova hereby agree to replace Schedule A to the Agreement with the attached Schedule A.

Very truly yours,
XXXXXX VARIABLE TRUST				XXXXXX MUTUAL FUNDS CORP.
By:		/s/ Xxxx X. Xxxxxx		By:		/s/ Xxxx X. Xxxx
Name:		Xxxx X. Xxxxxx		Name:		Xxxx X. Xxxx
Title:		Vice President		Title:		Senior Vice President
Agreed and accepted as of the date hereof
COVA FINANCIAL LIFE INSURANCE COMPANY
By:		/s/ Xxxxx X. Xxxxxxx
Name:		Xxxxx X. Xxxxxxx
Title:		Assistant Vice President

Schedule A

Cova Variable Annuity Account Five

Cova Variable Life Account Five