FORM OF AMENDMENT TO CONSOLIDATED FUND PARTICIPATION AGREEMENT
FORM OF
AMENDMENT TO CONSOLIDATED FUND PARTICIPATION AGREEMENT
This Amendment is made as of April 30, 2014, by and among Principal Life Insurance Company, on behalf of one or more separate accounts (“PLIC”), Principal National Life Insurance Company, on behalf of one or more separate accounts (“PNLIC”), PRINCOR FINANCIAL SERVICES CORPORATION, a broker-dealer affiliated with PLIC and PNLIC (“PRINCOR”), XXXXXXX VARIABLE SERIES, INC. (“CVS”), XXXXXXX VARIABLE PRODUCTS, INC. (“CVP”) and XXXXXXX INVESTMENT DISTRIBUTORS, INC. (“CID”, and CID, together with PLIC, PNLIC, PRINCOR, CVS and CVP, the “Parties”), and amends the Consolidated Fund Participation Agreement among the parties, made as of November 1, 2011 (the “Agreement”). All capitalized terms used in this Amendment and not defined herein shall have the meaning ascribed to them in the Agreement.
WHEREAS, on or about April 30, 2014, the assets of Xxxxxxx XX SRI Equity Portfolio will merge into Xxxxxxx XX S&P 500 Index Portfolio, and the assets of Xxxxxxx XX Income Portfolio will merge into Xxxxxxx XX Investment Grade Bond Index Portfolio; and
WHEREAS, as a result of the Portfolio mergers set forth above, no Portfolio of XXXXXXX VARIABLE SERIES, INC. remains available for purchase by Insurance Company and the Separate Account pursuant to the terms of the Agreement; and
WHEREAS, in accordance with Article 11.1 of the Agreement, the Parties desire to amend the Agreement as set forth below.
NOW, THEREFORE, in consideration of the mutual provisions contained herein, the Parties agree as follows:
1.Schedule A to the Agreement is hereby deleted in its entirety and replaced by the Schedule A
attached hereto;
2. | All references to XXXXXXX VARIABLE SERIES, INC. and to CVS shall be deleted. The Parties further acknowledge that and |
3. | Except as specifically set forth herein, all other provisions of the Agreement shall remain in full force and effect. |
IN WITNESS WHEREOF, the Parties hereto have caused this Amendment to be executed effective as of the day and year first above written.
PRINCIPAL LIFE INSURANCE COMPANY
By: ____________________________________
Title: ____________________________________
PRINCIPAL NATIONAL LIFE INSURANCE COMPANY
By: ____________________________________
Title: ____________________________________ (signatures continued on next page)
PRINCOR FINANCIAL SERVICES CORPORATION
By: ____________________________________
Title: ____________________________________
XXXXXXX VARIABLE PRODUCTS, INC.
By: ____________________________________
Title: ____________________________________
XXXXXXX INVESTMENT DISTRIBUTORS, INC.
By: ____________________________________
Title: ____________________________________
Acknowledged and Agreed:
XXXXXXX VARIABLE SERIES, INC.
By: ____________________________________
Title: ____________________________________
SCHEDULE A
Portfolios
Xxxxxxx Variable Products, Inc.
Portfolio | CUSIP |
Xxxxxxx XX S&P MidCap 400 Index Portfolio (Class F) | 866167554 |
Xxxxxxx XX Xxxxxxx 2000 Small Cap Index Portfolio (Class F) | 866167687 |
Xxxxxxx XX EAFE International Index Portfolio (Class F) | 866167547 |
Xxxxxxx XX S&P 500 Index Portfolio | 866167109 |
Xxxxxxx XX Investment Grade Bond Index Portfolio | 866167505 |
