Amendment No. 4 to Participation Agreement (TST)

Exhibit 8(aaa)(2)

Amendment No. 4 to Participation Agreement (TST)

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(INVESTOR)

AMENDMENT NO. 4 TO

PARTICIPATION AGREEMENT AMONG

TRANSAMERICA SERIES TRUST,

TRANSAMERICA CAPITAL, INC., AND

TRANSAMERICA ADVISORS LIFE INSURANCE COMPANY

The Participation Agreement, dated October 20, 2008 (“Agreement”) among Transamerica Series Trust (the “Trust”), Transamerica Capital, Inc. (the “Distributor”), and Transamerica Advisors Life Insurance Company (f/k/a Xxxxxxx Xxxxx Life Insurance Company) (the “Insurance Company”), is hereby amended as of May 1, 2012 as follows:

1. Schedule B of the Agreement is deleted in its entirety and replaced with the following Amended Schedule B:

AMENDED SCHEDULE B

Contracts

Xxxxxxx Xxxxx Investor Choice Annuity^®

(Investor Series)

Xxxxxxx Xxxxx Consults Annuity^®

Xxxxxxx Xxxxx Retirement Plus^®

2. Schedule C of the Agreement is deleted in its entirety and replaced with the following Amended Schedule C:

AMENDED SCHEDULE C

Portfolios—Service Class Shares

Transamerica AEGON U.S. Government Securities VP

Transamerica AllianceBernstein Dynamic Allocation VP

Transamerica BlackRock Large Cap Value VP

Transamerica BlackRock Tactical Allocation VP

Transamerica Xxxxxxxx Growth VP

Transamerica JPMorgan Enhanced Index VP

Transamerica JPMorgan Mid Cap Value VP

Transamerica MFS International Equity VP

Transamerica Xxxxxx Xxxxxxx Active International Allocation VP

Transamerica Xxxxxx Xxxxxxx Growth Opportunities VP

Transamerica Xxxxxx Xxxxxxx Mid-Cap Growth VP

Transamerica Multi-Managed Large Cap Core VP

Transamerica PIMCO Total Return VP

Transamerica Systematic Small/Mid Cap Value VP

Transamerica X. Xxxx Price Small Cap VP

Transamerica WMC Diversified Equity VP

Transamerica WMC Diversified Growth VP

Transamerica AEGON Active Asset Allocation—Conservative VP

Transamerica AEGON Active Asset Allocation—Moderate Growth VP

Transamerica AEGON Active Asset Allocation—Moderate VP

Transamerica Xxxx Xxxxx Dynamic Allocation—Balanced VP

Transamerica Xxxx Xxxxx Dynamic Allocation—Growth VP

Transamerica Index 35 VP

Transamerica Index 50 VP

Transamerica Index 75 VP

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3. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Unless otherwise specified, all defined terms shall have the same meaning given to them in the Agreement.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to be executed in its name and on its behalf by its duly authorized representative, effective as of May 1, 2012.

TRANSAMERICA SERIES TRUST						TRANSAMERICA CAPITAL, INC.
By its authorized officer,						By its authorized officer,
By:		/s/ Xxxxxxxxxxx X. Xxxxxxx				By:		/s/ Xxxxxx X. Xxxxx
		Xxxxxxxxxxx X. Xxxxxxx						Xxxxxx X. Xxxxx
Title:		Chief Investment Officer and Vice President				Title:		Assistant Vice President

TRANSAMERICA ADVISORS LIFE INSURANCE COMPANY

By its authorized officer,

By:		/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
Title:		Vice President

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