EXHIBIT (8)(e)(1) Form of Amendment No. 2 to Amended and Restated Participation Agreement (Franklin)
EXHIBIT (8)(e)(1)
Form of Amendment No. 2 to
Amended and Restated Participation Agreement (Franklin)
Amendment No. 2 to
Amended and Restated Participation Agreement
Franklin Xxxxxxxxx Variable Insurance Products Trust
Franklin/Xxxxxxxxx Distributors, Inc.
Transamerica Life Insurance Company
Transamerica Capital, Inc.
Franklin Xxxxxxxxx Variable Insurance Products Trust (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc. (the “Underwriter,” and together with the Trust, “we” or “us”), Transamerica Life Insurance Company (the “Company” or “you”), and Transamerica Capital, Inc., your distributor, on your behalf and on behalf of certain Accounts, have previously entered into an Amended and Restated Participation Agreement dated as of May 1, 2007 and subsequently amended as of July 30, 2007 (the “Agreement”). The parties now desire to amend the Agreement by this amendment (the “Amendment”).
Except as modified hereby, all other terms and conditions of the Agreement shall remain in full force and effect. Unless otherwise indicated, the terms defined in the Agreement shall have the same meaning in this Amendment.
AMENDMENT
| 1. | Schedules B, C and D of the Agreement are deleted and replaced in their entirety with the Schedules B, C and D attached hereto, respectively. |
| 2. | All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. |
IN WITNESS WHEREOF, each of the parties has caused its duly authorized officers to execute this Amendment effective as of January 10, 2008.
| The Trust: | FRANKLIN XXXXXXXXX VARIABLE INSURANCE PRODUCTS TRUST | |||
| Only on behalf of each Portfolio listed on Schedule C of the Agreement. |
By: | /s/ Xxxxx X. Xxxxxxxx | ||
| Name: | Xxxxx X. Xxxxxxxx | |||
| Title: | Vice President | |||
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| The Underwriter: | FRANKLIN/XXXXXXXXX DISTRIBUTORS, INC. | |||
| By: | /s/ Xxxxxx Xxxxxx | |||
| Name: | Xxxxxx Xxxxxx | |||
| Title: | Senior Vice President | |||
| The Company: | TRANSAMERCA LIFE INSURANCE COMPANY | |||
| By: | /s/ Xxxxxx X. Xxxxx | |||
| Name: | Xxxxxx X. Xxxxx | |||
| Title: | Vice President | |||
| The Distributor: | TRANSAMERICA CAPITAL, INC. | |||
| By: | /s/ Xxxxxx X. Xxxxx | |||
| Name: | Xxxxxx X. Xxxxx | |||
| Title: | Assistant Vice President | |||
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Schedule B
Accounts of the Company
| Name of Account |
SEC Registration Yes/No | |
| PFL Corporate Account One |
No | |
| Retirement Builder Variable Annuity Account |
Yes | |
| Separate Account VA B |
Yes | |
| Separate Account VA C |
Yes | |
| Separate Account VA K |
Yes | |
| Separate Account VA L |
Yes | |
| Separate Account VA P |
Yes | |
| Separate Account VA R |
Yes | |
| Separate Account VA Y |
Yes | |
| Separate Account VA Z |
Yes | |
| Separate Account VA-8 |
Yes | |
| Transamerica Corporate Separate Account Sixteen |
Yes | |
| Yes |
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Schedule C
Available Portfolios and Classes of Shares of the Trust
| 1. | Franklin Growth and Income Securities Fund - Classes 1 and 2 |
| 2. | Franklin Income Securities Fund - Classes 1 and 2 |
| 3. | Franklin Rising Dividends Securities Fund - Classes 1 and 2 |
| 4. | Franklin Small Cap Value Securities Fund - Classes 1 and 2 |
| 5. | Franklin Small-Mid Cap Growth Securities Fund - Classes 1 and 2 |
| 6. | Mutual Shares Securities Fund - Classes 1 and 2 |
| 7. | Xxxxxxxxx Developing Markets Securities Fund - Classes 1 and 2 |
| 8. | Xxxxxxxxx Foreign Securities Fund - Classes 1 and 2 |
| 9. | Xxxxxxxxx Global Asset Allocation Fund - Classes 1 and 2 |
| 10. | Xxxxxxxxx Global Income Securities Fund - Classes 1 and 2 |
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Schedule D
Contracts of the Company
| 1. | Advantage V Variable Universal Life Policy |
| 2. | Advantage VI Variable Universal Life Policy |
| 3. | Advantage X Variable Universal Life Policy |
| 4. | Flexible Premium Variable Annuity – C (under marketing name “Transamerica Principium” |
| 5. | Flexible Premium Variable Annuity – A (under marketing name “Transamerica Opportunity Builder” & “Transamerica Traditions”) |
| 6. | Flexible Premium Variable Annuity – B |
| 7. | Flexible Premium Variable Annuity – J (under marketing name “Transamerica Axiom”) |
| 8. | Portfolio Select Variable Annuity |
| 9. | Retirement Income Builder – BAI Variable Annuity (under marketing name “Retirement Income Builder IV”) |
| 10. | Transamerica EXTRA Variable Annuity |
| 11. | Transamerica Freedom Variable Annuity |
| 12. | Transamerica Landmark Variable Annuity |
| 13. | Transamerica Preferred Advantage Variable Annuity |
| 14. | TransMark Optimum Choice® Variable Annuity |
| 15. | Flexible Premium Variable Annuity – K (under marketing name “Transamerica Ascent”) |
| 16. | Flexible Premium Variable Annuity – G (under marketing name “Transamerica Liberty” |
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