AMENDMENT NO. 1 TO FUND PARTICIPATION AGREEMENT AMONG MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY LEGG MASON PARTNERS VARIABLE EQUITY TRUST, LEGG MASON PARTNERS VARIABLE INCOME TRUST, FRANKLIN DISTRIBUTORS, LLC, LEGG MASON PARTNERS FUND ADVISOR, LLC
Item 30. Exhibit (h) i. v. i.
AMENDMENT NO. 1
TO
AMONG
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
XXXX XXXXX PARTNERS VARIABLE EQUITY TRUST,
XXXX XXXXX PARTNERS VARIABLE INCOME TRUST,
FRANKLIN DISTRIBUTORS, LLC,
XXXX XXXXX PARTNERS FUND ADVISOR, LLC
THIS AMENDMENT is made and entered into as of the 1st day of May, 2023, amends the Fund Participation Agreement entered into as of the 2nd day of December, 2020, (the “Agreement”) by and among MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, a life insurance company organized under the laws of the Commonwealth of Massachusetts (the “Company”); XXXX XXXXX PARTNERS VARIABLE EQUITY TRUST, a Maryland corporation and XXXX XXXXX PARTNERS VARIABLE INCOME TRUST, a Maryland corporation (each a “Fund”, collectively the “Funds”), XXXXXXXX DISTRIBUTORS, LLC (formerly XXXX XXXXX INVESTOR SERVICES, LLC), a Maryland limited liability company (the “Distributor” or “FDLLC”), and XXXX XXXXX PARTNERS FUND ADVISOR, LLC, a Maryland limited liability company (the “Adviser”).
WHEREAS, the parties desire to amend the Agreement;
NOW THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree to amend the Agreement as follows:
1. | Effective as of July 7, 2021, Xxxx Xxxxx Investor Services, LLC (“LMIS”) changed its name to Franklin Distributors, LLC (“FDLLC”). Accordingly, all references to Xxxx Xxxxx Investor Services, LLC and LMIS in the Agreement are hereby changed to Franklin Distributors, LLC and FDLLC, respectively. |
2. | The parties wish to amend the Agreement to add C.M. Life Insurance Company and MML Bay State Life Insurance Company, each a Connecticut life insurance company, as parties. The parties agree to add C.M. Life Insurance Company and MML Bay State Life Insurance Company to the Agreement with the same rights and obligations as Massachusetts Mutual Life Insurance Company thereunder. All references in the Agreement to “Company” shall be deemed to include C.M. Life Insurance Company and MML Bay State Life Insurance Company. |
3. | Schedule A to the Agreement is hereby deleted in its entirety and replaced with the attached Schedule A. |
4. | Schedule B to the Agreement is hereby deleted in its entirety and replaced with the attached Schedule B. |
5. | Except as expressly provided in this amendment, all other terms and provisions of the Agreement shall remain in full force and effect. |
6. | Terms used, but not otherwise defined herein, shall have the meaning set forth in the Agreement. |
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY |
C.M. LIFE INSURANCE COMPANY | |||
By: | /s/ Xxxxxxx X. Xxxx | By: | /s/ Xxxxxxx X. Xxxx | |
Print Name: | Xxxxxxx X. Xxxx | Print Name: | Xxxxxxx X. Xxxx | |
Title: | Head of Institutional Insurance | Title: | Vice President | |
MML BAY STATE LIFE INSURANCE COMPANY | ||||
By: | /s/ Xxxxxxx X. Xxxx | |||
Print Name: | Xxxxxxx X. Xxxx | |||
Title: | Vice President | |||
XXXX XXXXX PARTNERS VARIABLE INCOME TRUST |
XXXX XXXXX PARTNERS VARIABLE EQUITY TRUST | |||
By: | /s/ Xxxx Trust | By: | /s/ Xxxx Xxxxx | |
Print Name: | Xxxx Trust | Print Name: | Xxxx Xxxxx | |
Title: | President & CEO | Title: | President & CEO | |
XXXX XXXXX PARTNERS FUND ADVISOR, LLC |
FRANKLIN DISTRIBUTORS, LLC | |||
By: | /s/ Xxxx Trust | By: | /s/ Xxxx.Masom | |
Print Name: | Xxxx Trust | Print Name: | Xxxx.Masom | |
Title: | President & CEO | Title: | President |
SCHEDULE A
Separate Accounts of Massachusetts Mutual Life Insurance Company, C.M. Life Insurance Company, and MML Bay State Life Insurance Company participating in Portfolios of the Fund:
· | Massachusetts Mutual Variable Life Separate Account IX | |
· | Massachusetts Mutual Variable Life Separate Account X | |
· | Massachusetts Mutual Variable Life Separate Account III | |
· | C.M. Life Variable Life Separate Account I | |
· | MML Bay State Variable Life Separate Account II | |
· | MML Bay State Variable Life Separate Account III | |
· | MML Bay State Variable Life Separate Account IV | |
· | MML Bay State Variable Life Separate Account V |
SCHEDULE B
Portfolios and Classes of the Fund now or in the future offered to Separate Accounts of Massachusetts Mutual Life Insurance Company, C.M. Life Insurance Company, and MML Bay State Life Insurance Company including, but not limited to:
Portfolio Name | Class of Shares | CUSIP |
ClearBridge Variable Mid Cap Portfolio | I | 00000X000 |
ClearBridge Variable Small Cap Growth Portfolio | I | 00000X000 |
Western Asset Core Plus VIT Portfolio | I | 00000X000 |
Western Asset Long Credit VIT Portfolio | I | 00000X000 |