EXHIBIT (h)(7)(d)
AMENDMENT NO. 5 TO
AMENDED AND RESTATED PARTICIPATION AGREEMENT
by and among
Franklin Xxxxxxxxx Variable Insurance Products Trust
Franklin/Xxxxxxxxx Distributors, Inc.
American General Life Insurance Company
American General Equity Services Corporation
Franklin Xxxxxxxxx Variable Insurance Products Trust (the "Trust"),
Franklin/Xxxxxxxxx Distributors, Inc. (the "Underwriter," and together with the
Trust, "we" or "us"), American General Life Insurance Company (the "Company")
and American General Equity Services Corporation, your distributor, on your
behalf and on behalf of certain Accounts, have previously entered into an
Amended and Restated Participation Agreement dated October 1, 2002 and
subsequently amended January 1, 2005, February 1, 2006, March 31, 2006, and
August 30, 2007, respectively (the "Agreement"). The parties now desire to
amend the Agreement in this amendment (the "Amendment").
Except as modified hereby, all other terms and conditions of the Agreement
shall remain in full force and effect. Unless otherwise indicated, the terms
defined in the Agreement shall have the same meaning in this Amendment.
A M E N D M E N T
For good and valuable consideration, the receipt of which is hereby
acknowledged, the parties agree to amend the Agreement as follows:
1. Schedules C and D of the Agreement are deleted and replaced in their
entirety with the Schedules C and D attached hereto, respectively.
2. All other terms and provisions of the Agreement not amended herein shall
remain in full force and effect.
This Amendment is executed effective as of February 1, 2008.
The Company: AMERICAN GENERAL LIFE INSURANCE COMPANY
By:
--------------------------------
Name:
Title:
Attest:
--------------------------------
Name:
Title:
[Corporate Seal]
The Distributor: AMERICAN GENERAL EQUITY SERVICES
CORPORATION
By:
--------------------------------
Name:
Title:
Attest:
--------------------------------
Name:
Title:
[Corporate Seal]
The Trust: FRANKLIN XXXXXXXXX VARIABLE INSURANCE
ONLY ON BEHALF OF PRODUCTS TRUST
EACH PORTFOLIO LISTED
ON SCHEDULE C OF By:
THE AGREEMENT --------------------------------
Name:
Title:
The Underwriter: FRANKLIN/XXXXXXXXX DISTRIBUTORS, INC.
By:
--------------------------------
Name:
Title:
2
SCHEDULE C
AVAILABLE PORTFOLIOS AND CLASSES OF SHARES OF THE TRUST
1. Franklin Small-Mid Cap Growth Securities Fund - Class 2
2. Franklin Small Cap Value Securities Fund - Class 1
3. Franklin Small Cap Value Securities Fund - Class 2
4. Franklin U.S. Government Fund - Class 2
5. Mutual Shares Securities Fund - Class 2
6. Xxxxxxxxx Developing Markets Securities Fund - Class 2
7. Xxxxxxxxx Foreign Securities Fund - Class 2
8. Xxxxxxxxx Global Asset Allocation Fund - Class 2
3
SCHEDULE D
CONTRACTS OF THE COMPANY
1. AG Legacy Plus VUL
2. AIG Corporate Investor VUL
3. AIG Income Advantage VUL
4. AIG Protection Advantage VUL
5. American General Signature II
6. Corporate America
7. Legacy Plus VUL
8. Platinum Investor FlexDirector
9. Platinum Investor I VUL
10. Platinum Investor II VUL
11. Platinum Investor III VUL
12. Platinum Investor Immediate VA
13. Platinum Investor IV VUL
14. Platinum Investor PLUS VUL
15. Platinum Investor Survivor II VUL
16. Platinum Investor Survivor VUL
17. Platinum Investor Variable Annuity
18. Platinum Investor VIP VUL
19. The One VUL Solution
4