AMENDMENT TO PARTICIPATION AGREEMENT
AMONG
TRANSAMERICA LIFE INSURANCE COMPANY
(f.k.a. PFL Life Insurance Company),
PIMCO VARIABLE INSURANCE TRUST,
and
PIMCO ADVISORS DISTRIBUTORS LLC
(f.k.a. PIMCO Funds Distributors LLC)
This Amendment No. 3 to the Participation Agreement dated July 1, 1999, as
amended, (the "Agreement") between Transamerica Life Insurance Company (the
"Company"), PIMCO Variable Insurance Trust (the "Fund"), and PIMCO Advisors
Distributors LLC (the "Underwriter") is effective as of February 6, 2005.
Capitalized terms not otherwise defined herein shall have the meanings ascribed
to them in the Agreement.
WHEREAS, the Company, the Fund, and the Underwriter have entered into the
Agreement to provide for the purchase by the Company, on behalf of one or more
of its segregated asset accounts ("Accounts"), of shares of beneficial interest
of the several series ("Portfolios") of the Fund;
NOW, THEREFORE, in consideration of their mutual promises, the Company, the
Fund and the Underwriter hereby agree:
1. Schedule A to the Agreement is amended to read in its entirety as the
Schedule A attached hereto.
This Amendment No. 3 may be executed simultaneously in two or more
counterparts, each of which taken together shall constitute one and the same
instrument.
TRANSAMERICA LIFE INSURANCE COMPANY
By its authorized officer
By: /s/ Illegible
---------------------------------
Title: V P
Date: 3-11-05
PIMCO VARIABLE INSURANCE TRUST
By its authorized officer
By: /s/ Illegible
---------------------------------
Title: Senior Vice - President
Date: 3-8-05
PA DISTRIBUTORS LLC
By its authorized officer
By: /s/ Illegible
---------------------------------
Title: Managing Director / CEO
Date: 3-21-05
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Schedule A
PIMCO VARIABLE INSURANCE TRUST PORTFOLIOS:
INSTITUTIONAL CLASS
SHORT DURATION BOND PORTFOLIOS
- Money Market Portfolio
- Short-Term Portfolio
- Low Duration Portfolio
INTERMEDIATE DURATION BOND PORTFOLIOS
- Total Return Portfolio
- Total Return Portfolio II
- High Yield Portfolio
LONG DURATION BOND PORTFOLIOS
- Long-Term U.S. Government Portfolio
REAL RETURN PORTFOLIOS
- Real Return Portfolio
- Commodity Real Return Strategy Portfolio
INTERNATIONAL BOND PORTFOLIO
- Global Bond Portfolio
- Foreign Bond Portfolio
- Emerging Markets Bond Portfolio
STRATEGIC ASSET ALLOCATION PORTFOLIOS
- All Asset Portfolio
EQUITY-RELATED PORTFOLIOS
- StocksPLUS Growth and Income Portfolio
- StocksPLUS Total Return Portfolio
ADMINISTRATIVE CLASS
STRATEGIC ASSET ALLOCATION PORTFOLIOS
- All Asset Portfolio
REAL RETURN PORTFOLIOS
- Commodity Real Return Strategy Portfolio
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INTERNATIONAL BOND PORTFOLIO
- Global Bond Portfolio
- Emerging Markets Bond Portfolio
EQUITY-RELATED PORTFOLIOS
- StocksPLUS Total Return Portfolio
Dated February 6, 2005
Name of Separate Account and
Date Established by Board of
Directors: Contracts Funded by Separate Account:
---------------------------- -------------------------------------
PFL Retirement Builder PFL Retirement Income Builder
Variable Annuity Account; Variable Annuity Contracts; Policy
March 29, 1996; (1940 Act Form No. AV288-101-985-796 (may vary
Registrant) by state) (1933 Act Registered)
PFL Corporate Account One; Advantage V and Advantage VI Variable
August 10, 1998 (1940 Act Universal Life Policy; Policy Form
Exclusion) No. 712-136-84-798 and WL936 136 89
101 (may vary by state)(1933 Act
Exempt)
Transamerica Corporate Advantage X Variable Adjustable Life
Separate Account Sixteen; June Insurance Policy
16, 2003 (1940 Act Exclusion)
Policy Form No. EM VC1 TL703 (may
vary by state)
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