AMENDMENT TO PARTICIPATION AGREEMENT
Item 26.iii.c.
AMENDMENT TO PARTICIPATION AGREEMENT
This Amendment (the “Amendment”) made and entered into this 23rd day of June, 2010, to the participation agreement by and among X. XXXX PRICE EQUITY SERIES, INC., X. XXXX PRICE FIXED INCOME SERIES, INC., X. XXXX PRICE INTERNATIONAL SERIES, INC. (collectively, the “Funds”), X. XXXX PRICE INVESTMENT SERVICES, INC. (the “Underwriter”) and TRANSAMERICA LIFE INSURANCE COMPANY (the “Company”) (collectively, the “parties”).
WITNESSETH:
WHEREAS, the parties hereto have entered into a Participation Agreement, dated as of June 24, 1999, as amended (the “Participation Agreement”) pursuant to which the Underwriter has agreed to make shares of the Funds available for purchase and redemption by certain Accounts of the Company in connection with the Company’s Variable Insurance Products; and
WHEREAS, the parties desire to modify the Participation Agreement in certain respects;
NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto, intending to be legally bound, hereby agree as follows:
1. Defined Terms. Unless otherwise defined herein, capitalized terms used herein have the meanings specified in or pursuant to the Participation Agreement.
2. Amendment to Participation Agreement. The Participation Agreement is hereby amended by replacing Schedule A of the Participation Agreement with Schedule A attached to this Amendment.
3. Terms and Conditions. Except as specifically amended hereby, all of the terms and conditions of the Participation Agreement shall continue to be in full force and effect and shall be binding upon the parties in accordance with their respective terms.
4. Binding Authority. Each of the parties hereby represents and warrants that the execution, delivery and performance of this Amendment are within the party’s corporate power and have been or will be duly authorized by all necessary corporate action, and this Amendment
constitutes the legal, valid and binding obligation of the party in accordance with its terms.
5. Counterparts. This Amendment may be executed in any number of counterparts and by the different parties hereto on separate counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument.
6. Applicable Law. This Amendment shall be construed in accordance with and be governed by the laws of the state of Maryland.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed on their behalf by their duly authorized officers as of the day and year first above written.
X. XXXX PRICE EQUITY SERIES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
Name: Xxxxx Xxxxxxxxxxx
Title: V.P.
T. XXXX PRICE FIXED INCOME SERIES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
Name: Xxxxx Xxxxxxxxxxx
Title: V.P.
T. XXXX PRICE INTERNATIONAL SERIES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
Name: Xxxxx Xxxxxxxxxxx
Title: V.P.
T. XXXX PRICE INVESTMENT SERVICES, INC.
By: /s/Xxxx Xxxxxxx-Xxxx
Name: Xxxx Xxxxxxx-Xxxx
Title: V.P.
TRANSAMERICA LIFE INSURANCE COMPANY
By: /s/Xxxxxx X. Xxxxxxx, Xx.
Name: Xxxxxx X. Xxxxxxx, Xx.
Title: SVP
SCHEDULE A
SEPARATE ACCOUNTS AND ASSOCIATED CONTRACTS
Name of Separate Account and
Date Established by Board of Directors
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Contracts Funded by
Separate Account
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Designated Portfolios
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PFL Corporate Account One
Established October 10, 1998
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Advantage V
Form NumberAdvantage
WL712 136 84 798
(may vary by state)
Advantage VI
Form Number
WL936 136 89 101
(may vary by state)Advantage
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X. Xxxx Price Equity Series, Inc.
X. Xxxx Price Mid-Cap Growth Portfolio
X. Xxxx Price New America Growth Portfolio
X. Xxxx Price Equity Income Portfolio
X. Xxxx Price Equity Index 500 Portfolio
X. Xxxx Price Health Sciences Portfolio
X. Xxxx Price Blue Chip Growth Portfolio
X. Xxxx Personal Strategy Balanced Portfolio
X. Xxxx Price Fixed Income Series, Inc.
X. Xxxx Price Limited-Term Bond Portfolio
X. Xxxx Price Prime Reserve Portfolio
X. Xxxx Price International Series, Inc.
X. Xxxx Price International Stock Portfolio
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Transamerica Corporate Separate
Account Sixteen
Established June 16, 2003
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Advantage X
Form Number
EM VC1 TL703
(may vary by state)
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X. Xxxx Price Equity Series, Inc.
X. Xxxx Price Blue Chip Growth Portfolio
X. Xxxx Price Equity Income Portfolio
X. Xxxx Price Mid-Cap Growth Portfolio
X. Xxxx Price New America Growth Portfolio
X. Xxxx Price International Series, Inc.
X. Xxxx Price International Stock Portfolio
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Established November 23, 2009
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Advantage R3
Form Number
EM CV2 0709
(may vary by state)
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X. Xxxx Price Equity Series, Inc.
X. Xxxx Price Blue Chip Growth Portfolio
X. Xxxx Price Equity Income Portfolio
X. Xxxx Price New America Growth Portfolio
X. Xxxx Price International Series, Inc.
X. Xxxx Price International Stock Portfolio
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