AMENDMENT TO PARTICIPATION AGREEMENT
AMENDMENT TO PARTICIPATION AGREEMENT
THIS AMENDMENT TO PARTICIPATION AGREEMENT (this “Amendment”) is made as of the 9th day of September, 2022, by and among PROTECTIVE LIFE INSURANCE COMPANY, a life insurance company organized under the laws of the State of Tennessee (the “Company”), acting herein for and on behalf of itself and on behalf of each segregated asset account set forth in Schedule A to the Participation Agreement between the parties (the “Accounts”); XXXXX VARIABLE ACCOUNT FUND, INC., a Maryland Corporation (the “Fund”), and XXXXX DISTRIBUTORS, LLC, a Delaware Limited Liability Company (the “Distributor”, and together with the Fund, “Xxxxx”)
RECITALS
WHEREAS, the Company and the Xxxxx are parties to a certain Participation Agreement dated November 1, 2020 (the “Agreement”);
WHEREAS, the parties desire to amend the Agreement to update the separate accounts listed in Schedule A; and,
WHEREAS, the parties now desire to modify the Agreement as provided herein.
NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and conditions set forth herein, and for other good and valuable consideration, the parties agree to amend the Agreement as follows:
1. Schedule A. Schedule A to the Agreement is hereby deleted in its entirety and replaced with Schedule A as attached hereto.
2. Counterparts. This Amendment may be executed in two or more counterparts, each of which shall be an original and all of which together shall constitute one and the same instrument.
3. Full Force and Effect. Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first above written.
PROTECTIVE LIFE INSURANCE COMPANY,
on behalf of itself and each Separate Account | |||
By: | /s/ Xxxxx Xxxxxx |
Name: | Xxxxx Xxxxxx |
Title: | Chief Product Officer - Retirement Division |
XXXXX VARIABLE ACCOUNT FUND | |||
By: | /s/ Xxxxxxx Xxxx |
Name: | Xxxxxxx Xxxx |
Title: | Executive Vice President |
XXXXX DISTRIBUTORS, LLC | |||
By: | /s/ Xxxxxxx Xxxx |
Name: | Xxxxxxx Xxxx |
Title: | President |
SCHEDULE A
Separate Accounts
Protective COLI VUL Separate Account
Protective COLI PPVUL Separate Account
Protective BOLI PPVUL Separate Account