AMENDMENT NO. 9 PARTICIPATION AGREEMENT
AMENDMENT NO. 9
The Participation Agreement (the “Agreement”), dated December 18, 1996, by and among AIM
Variable Insurance Funds, a Delaware trust; A I M Distributors, Inc., a Delaware corporation, and
ML Life Insurance Company of New York (“MLLICNY”), a New York life insurance company, is hereby
amended as follows:
WHEREAS, effective July 1, 2010, MLLICNY was renamed Transamerica Advisors Life Insurance
Company of New York (“TALICNY”); and
WHEREAS, effective April 30, 2010, AIM Variable Insurance Funds was renamed AIM Variable
Insurance Funds (Invesco Variable Insurance Funds); and
WHEREAS, on March 31, 2008, A I M Distributors, Inc. was renamed Invesco Aim Distributors,
Inc. Effective April 30, 2010, Invesco Aim Distributors, Inc. was renamed Invesco Distributors,
Inc.
The Parties hereby agree to amend the agreement as follows:
1. All references to MLLICNY will hereby be deleted and replaced with TALICNY; and
2. All references to AIM Variable Insurance Funds will hereby be deleted and replaced with AIM
Variable Insurance Funds (Invesco Variable Insurance Funds); and
3. All references to A I M Distributors, Inc. and Invesco Aim Distributors, Inc. will hereby
be deleted and replaced with Invesco Distributors, Inc.; and
4. Section 9 of the Agreement is hereby deleted in its entirety and replaced with the
following:
“Section 9. Notices.
Notices and communications required or permitted will be given by means mutually
acceptable to the Parties concerned. Each other notice or communication required or
permitted by this Agreement will be given to the following persons at the following
addresses and facsimile numbers, or such other persons, addresses or facsimile numbers
as the Party receiving such notices or communications may subsequently direct in
writing:
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AIM Variable Insurance Funds
(Invesco Variable Insurance Funds)
Invesco Distributors, Inc.
00 Xxxxxxxx Xxxxx
Xxxxxxx, Xxxxx 00000
Facsimile: (000) 000-0000
(Invesco Variable Insurance Funds)
Invesco Distributors, Inc.
00 Xxxxxxxx Xxxxx
Xxxxxxx, Xxxxx 00000
Facsimile: (000) 000-0000
Attention: Xxxxx X. Xxxxxxxx, Esq.
Transamerica Advisors Life Insurance Company of New York
000 Xxxxxxxx Xxxxxxx
Xx. Xxxxxxxxxx, Xxxxxxx 00000
Facsimile: (000) 000-0000
000 Xxxxxxxx Xxxxxxx
Xx. Xxxxxxxxxx, Xxxxxxx 00000
Facsimile: (000) 000-0000
Attention: Xxxxxx X. Xxxxxxxxx, Esq.”
5. Section 20 is hereby added to the Agreement:
“Section 20. Confidential Information
Each party to this Agreement acknowledges that in order to perform the duties called
for in this Agreement, it may be necessary for a party (“owner”) to disclose to the
other party(ies) certain “Confidential Information.” Confidential Information means
non-public, proprietary information, data or know-how of an owner, including, but
not limited to, personal information of an owner’s customers. No party will use
another party’s Confidential Information except as required for the performance of
this Agreement. Each party will use commercially reasonable efforts in a manner
fully consistent with industry standards and applicable federal, state and
international laws and regulations to hold in confidence a party’s Confidential
Information. Notwithstanding the foregoing, Confidential Information does not
include information which is: (i) already in the possession of the receiving party
or its subsidiaries and not subject to a confidentiality obligation to the providing
party; (ii) independently developed by the receiving party; (iii) publicly disclosed
or in the public domain through no fault of the receiving party; (iv) rightfully
received by the receiving party or its subsidiaries from a third party that is not
under any obligation to keep such information confidential; (v) approved for release
by written agreement with the owner; or (vi) disclosed pursuant to the requirements
of law, regulation or court order.
Each party to this Agreement represents, warrants and agrees that it has adopted and
implemented, and will continue to have in place and follow for the term of this
Agreement and thereafter, appropriate policies and procedures designed to detect,
prevent and mitigate the risk of identity theft and other breaches of privacy
concerning Confidential Information. Each party agrees to take immediate and
appropriate measures to respond to any breach of privacy concerning Confidential
Information of the owner, and to notify the owner in writing regarding such breach
in the most expedient time possible and without unreasonable delay;
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provided, however, that a party may postpone providing such notice as the party
deems consistent with the legitimate needs of law enforcement. Each party further
agrees to provide the owner with a copy of its plan to remediate any such breach and
to pay for all costs associated with such remediation and with providing written
notice of such breach to the applicable party.
Each party agrees to establish and maintain (i) administrative, technical and
physical safeguards against the destruction, loss or alteration of Confidential
Information, and (ii) appropriate security measures to protect Confidential
Information, which measures are consistent with the laws and regulations of the
Commonwealth of Massachusetts relating to personal information security and with all
other applicable federal, state and international laws and regulations relating to
personal information security.
The provisions found in this Section on Confidential Information will survive any
expiration or termination of the Agreement.”
6. Schedule A of the Agreement is hereby deleted in its entirety and replaced with the
following:
SCHEDULE A
FUNDS AVAILABLE UNDER THE CONTRACTS
ALL SERIES I SHARES AND SERIES II SHARES OF AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE
INSURANCE FUNDS)
SEPARATE ACCOUNTS UTILIZING THE FUNDS
ALL SEPARATE ACCOUNTS UTILIZING THE FUNDS
CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS
ALL CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS
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All other terms and provisions of the Agreement not amended herein shall remain in full force and
effect.
Effective date: April 30, 2010.
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) |
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Attest: | /s/ Xxxxx Xxxxxxxx | By: | /s/ Xxxx X. Xxxx | |||||||||
Name: | Xxxxx Xxxxxxxx | Name: | Xxxx X. Xxxx | |||||||||
Title: | Assistant Secretary | Title: | Senior Vice President | |||||||||
INVESCO DISTRIBUTORS, INC. | ||||||||||||
Attest: | /s/ Xxxxx Xxxxxxxx | By: | /s/ Xxxx X. Xxxxxx | |||||||||
Name: | Xxxxx Xxxxxxxx | Name: | Xxxx X. Xxxxxx | |||||||||
Title: | Assistant Secretary | Title: | President | |||||||||
TRANSAMERICA ADVISORS LIFE INSURANCE COMPANY OF NEW YORK |
||||||||||||
Attest: | /s/ Xxxxxxxx X. Xxxxxxxxx | By: | /s/ Xxxxxx X. Xxxxx | |||||||||
Name: | Xxxxxxxx X. Xxxxxxxxx | Name: | Xxxxxx X. Xxxxx | |||||||||
Title: | Paralegal | Title: | Vice President |
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