Amendment to Participation Agreement among AIM Variable Insurance Funds and Transamerica Life Insurance Company

EXHIBIT 8(b)(2)

Amendment to Participation Agreement among

AIM Variable Insurance Funds and Transamerica Life Insurance Company

AMENDMENT TO

PARTICIPATION AGREEMENT

The Participation Agreement (the “Agreement”), dated as of May 1, 1998, by and among AIM Variable Insurance Funds, a Delaware trust (“AVIF”); A I M Distributors, Inc., a Delaware corporation (“AIM”); Transamerica Life Insurance Company (formerly, PFL Life Insurance Company), an Iowa life insurance company (“LIFE COMPANY”) and Transamerica Capital, Inc. (replacing AFSG SECURITIES CORPORATION by Amendment and Novation), is hereby amended as follows:

Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following:

SCHEDULE A

FUNDS AVAILABLE UNDER THE CONTRACTS

Series I and II shares

AIM V.I. Basic Balanced Fund AIM V.I. Basic Value Fund AIM V.I. Capital Appreciation Fund AIM V.I. Capital Development Fund AIM V.I. Core Equity Fund AIM V.I. Diversified Income Fund AIM V.I. Dynamics Fund AIM V.I. Financial Services Fund AIM V.I. Global Health Care Fund AIM V.I. Global Real Estate Fund AIM V.I. Government Securities Fund AIM V.I. High Yield Fund AIM V.I. International Growth Fund AIM V.I. Large Cap Growth Fund AIM V.I. Leisure Fund AIM V.I. Mid Cap Core Equity Fund AIM V.I. Money Market Fund AIM V.I. Small Cap Equity Fund AIM V.I. Technology Fund AIM V.I. Utilities Fund

SEPARATE ACCOUNTS UTILIZING THE FUNDS

• Retirement Builder Variable Annuity Account

• Separate Account VA A

• PFL Corporate Account One (1940 Act Exclusion)

• Separate Account VA B

• Separate Account VA C

• Separate Account VA D

• Separate Account VA F

• Separate Account VA J

• Separate Account VA K

• Separate Account VA L

• Separate Account VA P

• Separate Account VA Q

• Separate Account VA R

• Separate Account VA S

• Separate Account VA Y

• Separate Account VA Z

• Separate Account VA-5

• Separate Account VUL A

• Transamerica Corporate Separate Account Sixteen

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CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS

• Retirement Income Builder II Variable Annuity

• Portfolio Select Variable Annuity

• Legacy Builder Plus

• The Atlas Portfolio Builder Variable Annuity

• Advantage V, Variable Universal Life Policy (1933 Act Exempt)

• Advantage X

• Transamerica Landmark Variable Annuity

• Transamerica Freedom Variable Annuity

• Transamerica EXTRA Variable Annuity

• Transamerica Access Variable Annuity

• Flexible Premium Variable Annuity – C under the marketing name “Transamerica Principium”

• Premier Asset Builder Variable Annuity

• Immediate Income Builder II

• Retirement Income Builder – BAI Variable Annuity under the marketing name “Retirement Income Builder IV”

• Transamerica Preferred Advantage Variable Annuity

• Flexible Premium Variable Annuity – A under the marketing names: “Transamerica Opportunity Builder” and “Transamerica Traditions”

• Flexible Premium Variable Annuity – D under the marketing name “Huntington Allstar Select”

• Flexible Premium Variable Annuity – J under the marketing name “Transamerica Axiom”

• Flexible Premium Variable Annuity – K under the marketing name “Transamerica Ascent”

• Distinct Asset^SM Variable Annuity

• Legacy Builder Plus VUL

• Variable Protector VUL

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All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

Effective date: July 30, 2007

						AIM VARIABLE INSURANCE FUNDS
Attest:		/s/ P. Xxxxxxxx Xxxxx				By:		/s/ Xxxxx X. Xxxxxxxx
Name:		P. Xxxxxxxx Xxxxx				Name:		Xxxxx X. Xxxxxxxx
Title:		Assistant Secretary				Title:		Assistant Vice President
						A I M DISTRIBUTORS, INC.
Attest:		/s/ P. Xxxxxxxx Xxxxx				By:		/s/ Xxxx X. Xxxxxx
Name:		P. Xxxxxxxx Xxxxx				Name:		Xxxx X. Xxxxxx
Title:		Assistant Secretary				Title:		Executive Vice President
						TRANSAMERICA LIFE INSURANCE COMPANY
Attest:		/s/ Xxxxx Xxxxxxxxx				By:		/s/ Xxxxxx X. Xxxxx
Name:		Xxxxx Xxxxxxxxx				Name:		Xxxxxx X. Xxxxx
Title:		Paralegal				Title:		Vice President
						TRANSAMERICA CAPITAL, INC.
Attest:		/s/ Xxxxx Xxxxxxxxx				By:		/s/ Xxxxxx X. Xxxxx
Name:		Xxxxx Xxxxxxxxx				Name:		Xxxxxx X. Xxxxx
Title:		Paralegal				Title:		Assistant Vice President

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