Exhibit 1.A.(8)(e)
Amendment No. 13 to Participation Agreement Among
WRL Series Fund, Inc., PFL Life Insurance Company, AUSA Life Insurance
Company, Inc., Peoples Benefit Life Insurance Company and
Transamerica Occidental Life Insurance Company Inc. dated April 17, 2000
AMENDMENT NO. 13 TO
PARTICIPATION AGREEMENT
AMONG
WRL SERIES FUND, INC.,
PFL LIFE INSURANCE COMPANY,
AUSA LIFE INSURANCE COMPANY, INC., AND
PEOPLES BENEFIT LIFE INSURANCE COMPANY
Amendment No. 13 to the Participation Agreement among WRL Series Fund,
Inc., (the "Fund"), PFL Life Insurance Company ("PFL"), AUSA Life Insurance
Company, Inc. ("AUSA"), and Peoples Benefit Life Insurance Company ("Peoples")
dated July 1, 1992 ("Participation Agreement").
WHEREAS, Transamerica Occidental Life Insurance Company
("Transamerica"), an affiliate of PFL, AUSA, and Peoples has registered or will
register certain variable annuity contracts and/or variable life insurance
policies (both the contracts and policies, collectively, "Policies") under the
Securities Act of 1933; and
WHEREAS, Transamerica has, by resolution of its Board of Directors,
duly organized and established the Transamerica Occidental Life Separate Account
VUL-3 ("Account VUL-3") as a segregated asset account to receive, set aside and
invest assets attributable to net premiums and payments received under the
Policies; and
WHEREAS, Transamerica has registered the Account VUL-3 as a unit
investment trust under the Investment Company Act of 1940, as amended; and
WHEREAS, to the extent permitted by applicable insurance law and
regulation, Transamerica intends to purchase shares in one or more portfolios of
the Fund to fund the Policies on behalf of Account VUL-3, as specified in
Schedule A, dated May 1, 2000, attached to the Agreement, as such Schedule A is
amended by this Amendment No. 13 and as Schedule A may be amended from time to
time; and
WHEREAS, the Fund intends to sell shares of the Portfolio(s) to Account
VUL-3 at net asset value; and
WHEREAS, each of the current parties is desirous of adding Transamerica
as a party, subject to the same terms and conditions, to the Agreement, and
WHEREAS, the Fund, effective May 1, 2000, will add three new portfolios
consisting of the WRL Great Companies - America sm, WRL Great Companies -
Technology sm , and WRL Value Line Aggressive Growth.
NOW, THEREFORE, IT IS HEREBY AGREED that Transamerica is authorized to
acquire shares issued by the Fund, subject to the terms and conditions of this
Agreement, and that Schedule A to the Participation Agreement is hereby amended
to add Transamerica Occidental Life Separate Account VUL-3 and to add WRL Great
Companies - America sm , WRL Great Companies - Technology sm , and WRL Value
Line Aggressive Growth portfolios of the Fund.
IN WITNESS WHEREOF, each of the parties has caused this Amendment to be
executed in its name and on its behalf by its duly authorized representative as
of April 17, 2000.
PFL LIFE INSURANCE COMPANY WRL SERIES FUND, INC.
By its authorized officer By its authorized officer
By: /s/ XXXXXXX X. XXXXXX By: /s/ XXXX X. XXXXXX
------------------------------ ----------------------------------
Xxxxxxx X. Xxxxxx Xxxx X. Xxxxxx
Title: President Title: Vice President, Secretary and
Counsel
AUSA LIFE INSURANCE PEOPLES BENEFIT LIFE
COMPANY, INC. INSURANCE COMPANY
By its authorized officer By its authorized officer
By: /s/ XXXXXXX X. XXXXXX By: /s/ XXXXX X. XXXXXX
------------------------------ ----------------------------------
Xxxxxxx X. Xxxxxx Xxxxx X. Xxxxxx
Title: Vice President Title: Vice President
TRANSAMERICA OCCIDENTAL LIFE
INSURANCE COMPANY
By its authorized officer
By: /s/ XXXXXXXXX X. XXXXXXX
-------------------------------
Xxxxxxxxx X. Xxxxxxx
Title: Assistant Vice President and
Assistant Secretary
AMENDED SCHEDULE A
Effective May 1, 2000
Account(s), Policy(ies) and Portfolio(s)
Subject to the Participation Agreement
Accounts: PFL Endeavor Variable Annuity Account
PFL Endeavor Platinum Variable Annuity Account
AUSA Endeavor Variable Annuity Account
Mutual Fund Account
PFL Life Variable Annuity Account A
PFL Life Variable Annuity Account C
PFL Life Variable Annuity Account D
PFL Retirement Builder Variable Annuity Account
AUSA Life Insurance Company, Inc. Separate Account C
Peoples Benefit Life Insurance Company Separate Account V
Legacy Builder Variable Life Separate Account
AUSA Series Life Account
Transamerica Occidental Life Separate Account VUL-3
Policies: PFL Endeavor Variable Annuity
PFL Endeavor Platinum Variable Annuity
AUSA Endeavor Variable Annuity
Atlas Portfolio Builder Variable Annuity
Extra Variable Annuity
Access Variable Annuity
Retirement Income Builder II Variable Annuity
AUSA & Peoples - Advisor's Edge Variable Annuity
Peoples - Advisor's Edge Select Variable Annuity
Legacy Builder II
Legacy Builder Plus
AUSA Financial Freedom Builder
Transamerica Elite
Portfolios: WRL Series Fund, Inc.
WRL Janus Growth
WRL AEGON Bond
WRL. X.X. Xxxxxx Money Market
WRL Janus Global
WRL LKCM Strategic Total Return
WRL VKAM Emerging Growth
WRL Xxxxx Aggressive Growth
WRL AEGON Balanced
AMENDED SCHEDULE A (CONTINUED)
WRL Series Fund, Inc.
WRL Federated Growth & Income
WRL C.A.S.E. Growth
WRL NWQ Value Equity
WRL GE International Equity
WRL GE U.S. Equity
WRL X.X. Xxxxxx Real Estate Securities
WRL X. Xxxx Price Dividend Growth
WRL X. Xxxx Price Small Cap
WRL Xxxxxxx Xxxxx Growth
WRL Xxxxxxx Sachs Small Cap
WRL Pilgrim Xxxxxx Mid Cap Growth
WRL Salomon All Cap
WRL Dreyfus Mid Cap
WRL Third Avenue Value
WRL Xxxx Asset Allocation
WRL Great Companies - America(sm)
WRL Great Companies - Technology(sm)
WRL Value Line Aggressive Growth
