EX-99.22(h)(10)
AMENDMENT NO. 1 TO THE
FUND PARTICIPATION AGREEMENT
THE PARTICIPATION AGREEMENT (the "Agreement") made on the 1 st day of
May, 2001, between NATIONS SEPARATE ACCOUNT TRUST, an open-end management
investment company organized as a Delaware statutory trust, TRANSAMERICA LIFE
INSURANCE COMPANY, a life insurance company organized under the laws of the
State of Iowa (the "Company"), on its own behalf and on behalf of each
segregated asset account of the Company set forth on Schedule A, as may be
amended from time to time (the "Accounts"), BACAP DISTRIBUTORS, LLC, a North
Carolina limited liability company, and AFSG SECURITIES CORPORATION, an
affiliate of the Company and the distributor of the Contracts (as defined in the
Agreement), is hereby amended as follows:
Schedule A of the Agreement is hereby deleted in its entirety and
replaced with the following:
SCHEDULE A
Accounts
--------------------------------------------------------------------------------------------------
Name of Account and Date of
Resolution of Company's
Board which established the
Account Policies Funds
--------------------------------------------------------------------------------------------------
Retirement Builder Variable Retirement Income Builder II - Nations High Yield Bond
Annuity Account Variable Annuity Portfolio
(March 29, 1996)
- Nations International Value
Portfolio
- Nations Xxxxxxx Growth
Portfolio
- Nations Xxxxxxx Focused
Equities Portfolio
- Nations Xxxxxxx
International Opportunities
Portfolio
- Nations Xxxxxxx 21"
Century Portfolio
- Nations MidCap Growth
Portfolio
--------------------------------------------------------------------------------------------------
Accounts continued...
--------------------------------------------------------------------------------------------------
Name of Account and Date of
Resolution of Company's
Board which established the
Account Policies Funds
--------------------------------------------------------------------------------------------------
Separate Account VA J Immediate Income Builder II - Nations High Yield Bond
(May 15, 2000) Portfolio
- Nations International Value
Portfolio
- Nations Xxxxxxx Growth
Portfolio
- Nations Xxxxxxx Focused
Equities Portfolio
- Nations Xxxxxxx
Intl Opportunities
Opportunities
Portfolio
- Nations Xxxxxxx 21st
Century Portfolio
- Nations MidCap Growth
Portfolio
--------------------------------------------------------------------------------------------------
Separate Account VA K Retirement Income Builder III - Nations High Yield Bond
Portfolio
(July 10, 2001) - Nations International Value
Variable Annuity Portfolio
- Nations Xxxxxxx Growth
Portfolio
- Nations Xxxxxxx Focused
Equities Portfolio
- Nations Xxxxxxx
International Opportunities
Portfolio
- Nations Xxxxxxx 21"
Century Portfolio
- Nations MidCap Growth
Portfolio
--------------------------------------------------------------------------------------------------
All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.
EFFECTIVE DATE: MAY 1, 2002
NATIONS SEPARATE ACCOUNT TRUST
By: /s/ A. Xxx Xxxxxx
----------------------------------
A. Xxx Xxxxxx
President
TRANSAMERICA LIFE INSURANCE COMPANY
By: /s/ Xxxxx X. Xxxxxx
----------------------------------
Xxxxx X. Xxxxxx
President
XXXXXXXX INC.
By: /s/ Xxxxxxx X. Xxxxx, Xx.
----------------------------------
Xxxxxxx X. Xxxxx, Xx.
Senior Vice-President
AFSG SECURITIES CORPORATION
By: /s/ Xxxxx X. Xxxxxx
----------------------------------
Xxxxx X. Xxxxxx
President