EXHIBIT (8)(f)(1)
AMENDMENT NO. 1
TO PARTICIPATION AGREEMENT
(Liberty)
AMENDMENT NO. 1 TO THE
PARTICIPATION AGREEMENT
Among
LIBERTY VARIABLE INVESTMENT TRUST,
LIBERTY FUNDS DISTRIBUTOR, INC.
and
TRANSAMERICA LIFE INSURANCE COMPANY
This Amendment No. 1 is incorporated in and made a part of the
Participation Agreement made and entered into as of the 1st day of May, 2002, by
and among TRANSAMERICA LIFE INSURANCE COMPANY, (hereinafter the "Company"), an
Iowa corporation, on its own behalf and on behalf of each segregated asset
account of the Company set forth on Schedule A hereto as may be amended from
time to time (each such account hereinafter referred to as the "Account");
LIBERTY VARIABLE INVESTMENT TRUST, a business trust organized under the laws of
Massachusetts (hereinafter the "Trust"); and LIBERTY FUNDS DISTRIBUTOR, INC.
(hereinafter the "Underwriter"), a Massachusetts corporation. The Agreement is
amended as follows:
1. Schedule A of the Agreement is hereby deleted in its entirety and
replaced with the Schedule A attached hereto.
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 hereto have caused their duly
authorized officers to execute this Agreement as of December 1, 2002:
Company:
TRANSAMERICA LIFE INSURANCE COMPANY
By its authorized officer,
By: /s/ Xxxxx X. Xxxxxx
----------------------------
Xxxxx X. Xxxxxx
Title: President
Trust:
LIBERTY VARIABLE INVESTMENT TRUST
By its authorized officer,
By: /s/ Xxxxx X. Xxxxxx
----------------------------
Name: Xxxxx X. Xxxxxx
----------------------------
Title: Assistant Secretary
----------------------------
Underwriter:
LIBERTY FUNDS DISTRIBUTOR, INC.
By its authorized officer,
By: /s/ Xxxx Xxx Xxxxx
----------------------------
Name: Xxxx Xxx Xxxxx
----------------------------
Title: SVP, National Accounts
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SCHEDULE A
Separate Accounts, Associated Contracts, and Portfolios
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Name of Separate Account and Date Policies Funded Portfolio(s) Available
Established by the by the Separate Accounts Under the Policies
Board of Trustees
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Separate Account VA F AV721 101 149 1001 Colonial Small Cap Value Fund
May 15, 2000 Under the Marketing Name Colonial Strategic Income Fund
"Premier Asset Builder Liberty Select Value Fund
Variable Annuity"
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Separate Account VA L AV721 101 149 1001 Colonial Small Cap Value Fund
July 10, 2001 Under the Marketing Name Liberty Select Value Fund
"Transamerica Preferred Advantage
Variable Annuity"
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Separate Account VA P AV721 101 149 1001 Colonial Small Cap Value Fund
November 26, 2001 Flexible Premium Variable Annuity - Liberty Select Value Fund
A under the Marketing Name
"Transamerica Opportunity Builder"
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