AMENDMENT NO. 5 FUND PARTICIPATION AGREEMENT
Item 30. Exhibit (h) i. b. 1. v.
AMENDMENT NO. 5
This Amendment, dated as of April 2 , 2024, amends the Fund Participation Agreement (the “Agreement”), dated the 7th day of March, 2003, as amended, by and among C.M. Life Insurance Company (on behalf of itself and certain of its separate accounts, hereinafter referred to as “C.M. Life”); American Funds Insurance Series (“Series”); American Funds Service Company (“Transfer Agent”); American Funds Distributors, Inc. (“AFD”), and Capital Research and Management Company (“CRMC”).
WHEREAS, C.M. Life, Series, Transfer Agent, AFD and CRMC desire to amend the Agreement in certain respects;
NOW, THEREFORE, the parties to the Agreement hereby agree as follows:
1. | The first four sentence of Section 4 are deleted in their entirety and are replace with the following sentences: |
The Series agrees to make Class 1, Class 1A and Class 2 shares of all Funds hereto available to the Contracts. C.M. Life agrees to give the Series and CRMC at least (thirty) 30 days’ notice prior to adding additional Funds as underlying investment options to the Contracts. CRMC reserves the right to approve any proposed addition by C.M. Life.
2. | Schedule A is replaced in its entirety with the revised Schedule A attached hereto. |
3. | Schedule B is deleted in its entirety. |
Except as expressly set forth above, all other terms and provisions of this Agreement shall remain in full force and effect.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of the date first above written.
C.M. Life Insurance Company (on behalf of itself and each Account)
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By: | /s/ Xxxxxx Xxxxxxxxxxx | |
Name: | Xxxxxx Xxxxxxxxxxx | |
Title: | Head of Annuity Product | |
Date: | April 2, 2024 |
American Funds Insurance Series | ||
By: | /s/ Xxxxxxx X. Xxxxxxxx | |
Name: | Xxxxxxx X. Xxxxxxxx | |
Title: | Executive Vice President | |
Date: | 3/27/2024 |
Capital Research and Management Company | ||
By: | /s/ Xxx XxXxxx | |
Name: | Xxx XxXxxx | |
Title: | Sr. VP & Sr. Counsel, Fund Business Group | |
Date: | 3/27/24 |
American Funds Service Company | ||
By: | /s/ Xxxxxx X. Xxxxx | |
Name: | Xxxxxx X. Xxxxx | |
Title | Authorized Signatory | |
Date: | March 27, 2024 |
American Funds Distributors, Inc. | ||
By: | /s/ Xxx XxXxxx | |
Name: | Xxx XxXxxx | |
Title: | Secretary | |
Date: | 3/27/24 |
Schedule A
Survivorship Variable Universal Life
Survivorship Variable Universal Life II
Variable Universal Life
C.M. Life Electrum Select
Apex VUL®