AMENDMENT NO. 1 PARTICIPATION AGREEMENT

AMENDMENT NO. 1

PARTICIPATION AGREEMENT

The Participation Agreement (the “Agreement”), dated April 30, 2004, by and among AIM Variable Insurance Funds, a Delaware trust; A I M Distributors, Inc., a Delaware corporation, and FIRST GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY, a New York life insurance company ("FG-WL&A"), on behalf of itself and each of its segregated asset accounts listed in Schedule A hereto, as the parties hereto may amend from time to time (each, an "Account," and collectively, the "Accounts"); and as the principal underwriter of the Contracts ("UNDERWRITER"), is hereby amended as follows:

Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following:

SCHEDULE A

FUNDS AVAILABLE UNDER THE CONTRACTS

AIM V.I. Basic Balanced Fund AIM V.I. Basic Value Fund AIM V.I. Capital Appreciation Fund AIM V.I. Capital Development Fund AIM V.I. Core Equity Fund AIM V.I. Diversified Income Fund AIM V.I. Dynamics Fund AIM V.I. Financial Services Fund AIM V.I. Global Health Care Fund AIM V.I. Global Real Estate Fund AIM V.I. Government Securities Fund AIM V.I. High Yield Fund AIM V.I. International Growth Fund AIM V.I. Large Cap Growth Fund AIM V.I. Leisure Fund AIM V.I. Mid Cap Core Equity Fund AIM V.I. Money Market Fund AIM V.I. Small Cap Equity Fund AIM V.I. Technology Fund AIM V.I. Utilities Fund

SEPARATE ACCOUNTS UTILIZING THE FUNDS

CONTRACTS FORM NUMBERS

Xxxxxxx Xxxxxx & Co., Inc. J434 NY

Schwab Variable Annuity

COLI VUL-2 Series Account J355 NY

COLI VUL-4 Series Account J500NY

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All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

Effective date: November 15, 2007

AIM VARIABLE INSURANCE FUNDS

Attest: /s/ P. Xxxxxxxx Xxxxx By: /s/ Xxxxxxx Xxxxx

Name: P. Xxxxxxxx Xxxxx Name: Xxxxxxx Xxxxx

Title: Assistant Secretary Title: Assistant Vice President

A I M DISTRIBUTORS, INC.

Attest: /s/ P. Xxxxxxxx Xxxxx By: /s/ Xxxx X. Xxxxxx

Name: P. Xxxxxxxx Xxxxx Name: Xxxx X. Xxxxxx

Title: Assistant Secretary Title: Executive Vice President

FIRST GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY

Attest: /s/ Xxxxx X. Xxxxxxx By: /s/ Xxx Xxxxxxxxxxxx

Name: Xxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxxxx

Title: Senior Counsel Title: Senior Vice President

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