Amendment No. 1 To Participation Agreement
Among
PHL Variable Insurance Company,
Phoenix Life and Annuity Company,
PIMCO Variable Insurance Trust,
And
Allianz Global Investors Distributors LLC
THE PARTICIPATION AGREEMENT, dated as of the 1/st/ day of May, 2006 (the
"Agreement"), by and among PHL Variable Insurance Company, Phoenix Life and
Annuity Company (collectively the "Company"), on its own behalf and on behalf
of each segregated asset account of the Company set forth on Schedule A (each
an "Account"), , PIMCO Variable Insurance Trust (the "Fund") and Allianz Global
Investors Distributors LLC (the "Underwriter"), is hereby amended as follows:
1. Schedule A thereto is hereby modified in its entirety to read as set forth
in Schedule A attached hereto.
2. All other terms of the Agreement 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 February 1, 2008.
PHL Variable Insurance Company PIMCO Variable Insurance Trust
By: /s/ Xxxx Xxxxxxx By: /s/ Xxxx X. Xxxxxxxx
-------------------------------- -------------------------------
Name: Xxxx Xxxxxxx X'Xxxxxxx Name: Xxxx X. Xxxxxxxx
Title: Senior Vice President Title: Treasurer
Phoenix Life and Annuity Company Allianz Global Investors Distributors
LLC
By: /s/ Xxxx Xxxxxxx By: /s/ Xxxxx Xxxxxx
-------------------------------- -------------------------------
Name: Xxxx Xxxxxxx X'Xxxxxxx Name: Xxxxx Xxxxxx
Title: Senior Vice President Title: Managing Director
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Schedule A
The term "Designated Portfolio" of the Fund will include any currently offered
class of any Portfolio of the Fund (as listed below) as well as any Portfolio
of the Fund or any share class of any Portfolio (now existing or hereafter
created) created subsequent to the date hereof.
Designated Portfolios/Classes:
Administrative Class Shares
All Asset Portfolio
All Asset All Authority Portfolio
CommodityRealReturn Strategy Portfolio
Diversified Income Portfolio
Emerging Markets Bond Portfolio
Foreign Bond Portfolio (Unhedged)
Foreign Bond Portfolio (U.S. Dollar-Hedged)
Global Bond Portfolio (Unhedged)
High Yield Portfolio
Long-Term U.S. Government Portfolio
Low Duration Portfolio
Money Market Portfolio
RealEstateRealReturn Strategy Portfolio
Real Return Portfolio
Short-Term Portfolio
SmallCap StocksPLUS(R) TR Portfolio
StocksPLUS(R) Growth and Income Portfolio
StocksPLUS(R) Total Return Portfolio
Total Return Portfolio
Institutional Class Shares
All Asset Portfolio
CommodityRealReturn Strategy Portfolio
Emerging Markets Bond Portfolio
Foreign Bond Portfolio (U.S. Dollar-Hedged)
Global Bond Portfolio (Unhedged)
High Yield Portfolio
Long-Term U.S. Government Portfolio
Low Duration Portfolio
Money Market Portfolio
Real Return Portfolio
Short-Term Portfolio
StocksPLUS(R) Growth and Income Portfolio
StocksPLUS(R) Total Return Portfolio
Total Return Portfolio
2
Advisor Class Shares
All Asset Portfolio
All Asset All Authority Portfolio
CommodityRealReturn Strategy Portfolio
Emerging Markets Bond Portfolio
Foreign Bond Portfolio (Unhedged)
Global Bond Portfolio (Unhedged)
High Yield Portfolio
Low Duration Portfolio
RealEstateRealReturn Strategy Portfolio
Real Return Portfolio
SmallCap StocksPLUS(R) TR Portfolio
StocksPLUS(R) Total Return Portfolio
Total Return Portfolio
M Class Shares
All Asset Portfolio
Segregated Asset Accounts:
Name of Separate Account Established
PHL Variable 12/7/1994
Accumulation Account
PHLVIC Variable 9/10/1998
Universal Life Account
PHL Variable Accumulation 10/25/2007
Account II
3