Amendment No. 2 to Participation Agreement (Columbia Funds)

EXHIBIT 8(i)(4)

Amendment No. 2 to Participation Agreement (Columbia Funds)

AMENDMENT No. 2

TO

PARTICIPATION AGREEMENT

Amendment No. 2 dated as of April 23, 2010, to the Participation Agreement (the “Agreement”), dated as of May 1, 2007, between TRANSAMERICA LIFE INSURANCE COMPANY; TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY; MONUMENTAL LIFE INSURANCE COMPANY (each as the “Insurance Company”), on its own behalf and on behalf of its separate accounts; COLUMBIA FUNDS VARIABLE INSURANCE TRUST (the “Fund”); COLUMBIA MANAGEMENT ADVISORS, LLC (the “Adviser”); and COLUMBIA MANAGEMENT DISTRIBUTORS, INC. (the “Distributor”).

WHEREAS, the Insurance Company, the Fund, the Advisor and Distributor heretofore entered into a Participation Agreement dated May 1, 2007, with regard to separate accounts established for variable life insurance and/or variable annuity contracts offered by the Insurance Company; and

WHEREAS, the Insurance Company, the Fund, Adviser, and Distributor desire to amend Schedule A to the Agreement in accordance with the terms of the Agreement.

NOW THEREFORE, in consideration of past and prospective business relations, the parties hereby amend the Agreement as follows:

1 . Schedule A to the Agreement is deleted in its entirety and replaced with the attached amended Schedule A.

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 hereto has caused this Amendment to be executed in its name and on its behalf by its duly authorized representative effective as of the date specified above.

TRANSAMERICA LIFE INSURANCE COMPANY						TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY
By:		/s/ Xxxxxx X. Xxxxxxx				By:		/s/ Xxxxxx X. Xxxxxxx
Name:		Xxxxxx X. Xxxxxxx				Name:		Xxxxxx X. Xxxxxxx
Title:		Vice President				Title:		Vice President

MONUMENTAL LIFE INSURANCE COMPANY						COLUMBIA FUNDS VARIBLE INSURANCE TRUST
By:		/s/ Xxxxxx X. Xxxxxxx				By:		/s/ Xxxxxxx X. Xxxxx
Name:		Xxxxxx X. Xxxxxxx				Name:		Xxxxxxx X. Xxxxx
Title:		Vice President				Title:		Vice President

COLUMBIA MANAGEMENT DISTRIBUTORS, INC.						COLUMBIA MANAGEMENT ADVISORS, LLC
By:		/s/ Xxxx Xxxxx				By:		/s/ Xxxx Xxxxx
Name:		Xxxx Xxxxx				Name:		Xxxx Xxxxx
Title:		Managing Director				Title:		Managing Director

AMENDED SCHEDULE A

CONTRACTS/DESlGNATED PORTFOLIOS

Insurance Company Contracts		Portfolios
Transamerica Life Insurance Company		Columbia Funds Variable Insurance Trust—Class A
•     Separate Account VA P, under the marketing names “Transamerica Opportunity Builder” and “Transamerica Traditions”		•   Columbia Mid Cap Value Fund, Variable Series •   Columbia Small Cap Value Fund, Variable Series
•     Separate Account VA L, under the name “Transamerica Preferred Advantage Variable Annuity”		•   Columbia Mid Cap Value Fund, Variable Series •   Columbia Small Cap Value Fund, Variable Series
•     Separate Account VA S, under the name the marketing name “Huntington Allstar Select”		•   Columbia Small Cap Value Fund, Variable Series •   Columbia Strategic Income Fund, Variable Series
•     Separate Account VA K, under the marketing name “Retirement income Builder IV”		•   Columbia Asset Allocation Fund, Variable Series •   Columbia Large Cap Value Fund, Variable Series •   Columbia Small Company Growth Fund, Variable Series
•     Separate Account VA F, under the name “Premier Asset Builder Variable Annuity”		•   Columbia Mid Cap Value Fund, Variable Series •   Columbia Small Cap Value Fund, Variable Series •   Columbia Strategic Income Fund, Variable Series
•     PFL Corporate Account One, under the marketing names “Advantage V Variable Universal Life Policy,” and “Advantage VI Variable Universal Life Policy”		•   Columbia Asset Allocation Fund, Variable Series •   Columbia Federal Securities Fund, Variable Series •   Columbia lnternational Fund, Variable Series
		•   Columbia Large Cap Growth Fund, Variable Series
		•   Columbia Large Cap Value Fund, Variable Series
		•   Columbia Mid Cap Value, Variable Series
		•   Columbia S&P 500 Index Fund, Variable Series
		•   Columbia Select Large Cap Growth Fund, Variable Series
		•   Columbia Select Opportunities Fund, Variable Series
		•   Columbia Small Cap Value Fund, Variable Series
		•   Columbia Small Company Growth Fund. Variable Series
		•   Columbia Strategic lncome Fund, Variable Series
		•   Columbia Value and Restructuring Fund, Variable Series
•     Separate Account VA-5 under the marketing name “Distinct AssetSM Variable Annuity”		•   Columbia Small Company Growth Fund, Variable Series
•     Transamerica Corporate Account Sixteen under the marketing name Advantage X Variable Universal Life Policy		•   Columbia Asset Allocation Fund, Variable Series •   Columbia Federal Securities Fund, Variable Series •   Columbia International Fund, Variable Series •   Columbia Large Cap Growth Fund, Variable Series •   Columbia Large Cap Value Fund, Variable Series •   Columbia Mid Cap Value, Variable Series •   Columbia S&P 500 index Fund, Variable Series •   Columbia Select Large Cap Growth Fund, Variable Series

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Insurance Company Contracts		Portfolios
Transamerica Life Insurance Company
•       Transamerica Corporate Account Sixteen under the marketing name Advantage X Variable Universal Life Policy (Continued)		Columbia Funds Variable Insurance Trust—Class A
		•    Columbia Select Opportunities Fund, Variable Series •    Columbia Small Cap Value Fund, Variable Series •    Columbia Small Company Growth Fund, Variable Series •    Columbia Strategic Income Fund, Variable Series •    Columbia Value and Restructuring Fund, Variable Series •    Columbia Small Company Growth Fund, Variable Series
Monumental Life insurance Company
•       Separate Account VA CC. under the name “Advisor’s Edge® Variable Annuity”		Columbia Variable Insurance Trust—Class A Shares
		•    Columbia Small Company Growth Fund, Variable Series
Transamerica Financial Life Insurance Company
•       Separate Account VA-5NLNY, under the marketing name “Distinct AssetSM Variable Annuity”		Columbia Funds Variable Insurance Trust—Class A Shares
		•    Columbia Small Company Growth Fund, Variable Series
•       TFLIC Separate Account VNY under the name “Advisor’s Edge® NY Variable Annuity”		•    Columbia Small Company Growth Fund, Variable Series
•       TFLlC Separate Account C under the name “Advisor’s Edge Variable Annuity”		•    Columbia Small Company Growth Fund, Variable Series

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