EXHIBIT (h)(11)(c)
AMENDMENT NO. 1 TO FUND PARTICIPATION AGREEMENT
The undersigned hereby amend the Fund Participation Agreement dated
April 24, 2009 (the "Agreement") between The United States Life Insurance
Company in the City of New York (the "Company"), JPMorgan Insurance Trust (the
"Trust"), the Trust's investment advisor, X.X. Xxxxxx Investment Management
Inc. (the "Adviser"), and the Trust's administrator, JPMorgan Funds Management,
Inc. (the "Administrator") by:
1. On December 31, 2010, American International life Assurance Company of
New York merged into The United States Life Insurance Company in the
City of New York and subsequently re-registered all American
International Life Assurance Company of New York variable annuity
contracts and variable universal life insurance policies with The United
States Life Insurance Company in the City of New York.
2. Removal of JPMIA as a party.
"(i) JPMorgan Investment Advisors Inc. ("JPMIA") was a party to the
Agreement and served as an investment adviser to JPMorgan Trust II; and
(ii) effective January 1, 2010, JPMIA transferred its investment
advisory business to X.X. Xxxxxx Investment Management Inc. ("JPMIM")
pursuant to an internal reorganization, and in connection therewith
JPMIM, JPMIA and JPMorgan Trust II executed an Amendment to Investment
Advisory agreement under which JPMIM assumed all of JPMIA's rights and
responsibilities as investment adviser to JPMorgan Trust II; and now
therefore JPMIA is hereby removed as a party to the Agreement."
3. Replacing Schedule A of the Agreement with the attached Schedule A.
4. Replacing Schedule B of the Agreement with the attached Schedule B.
All other terms and provisions of the Agreement not amended herein shall remain
in full force and effect.
IN WITNESS WHEREOF, the parties have caused their duly authorized officers
to execute this AMENDMENT NO. 1 as of December 31, 2010.
THE UNITED STATES LIFE INSURANCE
COMPANY IN THE CITY OF NEW YORK
By:
------------------------------
Name:
------------------------------
Title:
------------------------------
JPMORGAN INSURANCE TRUST
By:
------------------------------
Name:
------------------------------
Title:
------------------------------
X.X. XXXXXX INVESTMENT MANAGEMENT INC.
By:
------------------------------
Name:
------------------------------
Title:
------------------------------
JPMORGAN FUNDS MANAGEMENT, INC.
By:
------------------------------
Name:
------------------------------
Title:
------------------------------
SCHEDULE A
SEPARATE ACCOUNTS AND CONTRACTS
as of December 31, 2010 which Accounts and Contracts may be changed from time
to time upon written notification to the Trust by the Company within a
reasonable time from such change;
----------------------------------------------------------------------------------------------------------
Name of Separate Account and Date Established by Board of Form Number
Directors Funded by Separate Account
----------------------------------------------------------------------------------------------------------
The United States Life Insurance Company in the City of New Platinum Investor Immediate Variable Annuity
York Separate Account USL VA-R Contract No. 03017N
Established: August 8, 1997
----------------------------------------------------------------------------------------------------------
The United States Life Insurance Company in the City of New Income Advantage Select VUL
York Separate Account USL VL-R Policy No. 08704N & 08704NU
Established: August 8, 1997
----------------------------------------------------------------------------------------------------------
Protection Advantage Select VUL
Policy No. 07921N & 07921NU
----------------------------------------------------------------------------------------------------------
Platinum Investor VUL
Policy No. 97600N
----------------------------------------------------------------------------------------------------------
Platinum Investor PLUS VUL
Policy No. 02600N
----------------------------------------------------------------------------------------------------------
Platinum Investor VIP VUL
Policy Xx. 00000X & 00000XX
----------------------------------------------------------------------------------------------------------
Xxx Xxxxxx Xxxxxx Life Insurance Company in the City of New Executive Advantage VUL
York Separate Account USL B Policy Nos. 21GVULU997NY, 21GVULD997NY,
Established: June 5, 1986 21GVULD997 and 21GVUL997
----------------------------------------------------------------------------------------------------------
Gemstone Life VUL
Policy No. 21VUL800NY
----------------------------------------------------------------------------------------------------------
SCHEDULE B
PORTFOLIOS OF THE TRUST
JPMorgan Insurance Trust Core Bond Portfolio Class 1
JPMorgan Insurance Trust U.S. Equity Portfolio Class 1
JPMorgan Insurance Trust Mid Cap Growth Portfolio Class 1
JPMorgan Insurance Trust Mid Cap Value Portfolio Class 1
JPMorgan Insurance Trust Equity Index Portfolio Class 1
JPMorgan Insurance Trust International Equity Portfolio Class 1
JPMorgan Insurance Trust Intrepid Growth Portfolio Class 1
JPMorgan Insurance Trust Intrepid Mid Cap Portfolio Class 1
JPMorgan Insurance Trust Small Cap Core Portfolio Class 1