AMENDMENT TO PARTICIPATION AGREEMENT
AMENDMENT TO
The Participation Agreement (the “Agreement”), dated April 30, 2001, by and among AIM
Variable Insurance Funds, a Delaware trust (“AVIF”), Western Reserve Life Assurance Co. of Ohio,
an Ohio life insurance company, and Transamerica Capital, Inc., is hereby amended as follows.
WHEREAS, effective April 30, 2010, AIM Variable Insurance Funds was renamed AIM Variable
Insurance Funds (Invesco Variable Insurance Funds).
The Parties hereby agree to amend the agreement as follows:
1. All references to AIM Variable Insurance Funds will hereby be deleted and replaced with AIM
Variable Insurance Funds (Invesco Variable Insurance Funds); and
2. Section 9 of the Agreement is hereby deleted in its entirety and replaced with the
following:
“Section 9. Notices.
Notices and communications required or permitted will be given by means mutually
acceptable to the Parties concerned. Each other notice or communication required or
permitted by this Agreement will be given to the following persons at the following
addresses and facsimile numbers, or such other persons, addresses or facsimile numbers
as the Party receiving such notices or communications may subsequently direct in
writing:
AIM Variable Insurance Funds
(Invesco Variable Insurance Funds)
Invesco Distributors, Inc.
00 Xxxxxxxx Xxxxx
Xxxxxxx, Xxxxx 00000
Facsimile: (000) 000-0000
(Invesco Variable Insurance Funds)
Invesco Distributors, Inc.
00 Xxxxxxxx Xxxxx
Xxxxxxx, Xxxxx 00000
Facsimile: (000) 000-0000
Attention: Xxxxx X. Xxxxxxxx, Esq.
Western Reserve Life Assurance Co. of Ohio
000 Xxxxxxxx Xxxxxxx
Xx. Xxxxxxxxxx, Xxxxxxx 00000
Facsimile: (000) 000-0000
000 Xxxxxxxx Xxxxxxx
Xx. Xxxxxxxxxx, Xxxxxxx 00000
Facsimile: (000) 000-0000
Attention: Xxxxxx X. Xxxxxxxxx, Esq.
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Transamerica Capital, Inc.
000 Xxxxxxxx Xxxxxxx
Xx. Xxxxxxxxxx, Xxxxxxx 00000
Facsimile: (000) 000-0000
000 Xxxxxxxx Xxxxxxx
Xx. Xxxxxxxxxx, Xxxxxxx 00000
Facsimile: (000) 000-0000
Attention: Xxxxxx X. Xxxxxxxxx, Esq.”
3. Section 21 is hereby added to the Agreement:
“Section 21. Confidential Information
Each party to this Agreement acknowledges that in order to perform the duties called
for in this Agreement, it may be necessary for a party (“owner”) to disclose to the
other party(ies) certain “Confidential Information.” Confidential Information means
non-public, proprietary information, data or know-how of an owner, including, but not
limited to, personal information of an owner’s customers. No party will use another
party’s Confidential Information except as required for the performance of this
Agreement. Each party will use commercially reasonable efforts in a manner fully
consistent with industry standards and applicable federal, state and international
laws and regulations to hold in confidence a party’s Confidential Information.
Notwithstanding the foregoing, Confidential Information does not include information
which is: (i) already in the possession of the receiving party or its subsidiaries
and not subject to a confidentiality obligation to the providing party; (ii)
independently developed by the receiving party; (iii) publicly disclosed or in the
public domain through no fault of the receiving party; (iv) rightfully received by
the receiving party or its subsidiaries from a third party that is not under any
obligation to keep such information confidential; (v) approved for release by written
agreement with the owner; or (vi) disclosed pursuant to the requirements of law,
regulation or court order.
Each party to this Agreement represents, warrants and agrees that it has adopted and
implemented, and will continue to have in place and follow for the term of this
Agreement and thereafter, appropriate policies and procedures designed to detect,
prevent and mitigate the risk of identity theft and other breaches of privacy
concerning Confidential Information. Each party agrees to take immediate and
appropriate measures to respond to any breach of privacy concerning Confidential
Information of the owner, and to notify the owner in writing regarding such breach in
the most expedient time possible and without unreasonable delay; provided, however,
that a party may postpone providing such notice as the party deems consistent with
the legitimate needs of law enforcement. Each party further agrees to provide the
owner with a copy of its plan to remediate any such breach and to pay for all costs
associated with such remediation and with providing written notice of such breach to
the applicable party.
Each party agrees to establish and maintain (i) administrative, technical and
physical safeguards against the destruction, loss or alteration of Confidential
Information, and (ii) appropriate security measures to protect Confidential
Information, which measures are
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consistent with the laws and regulations of the
Commonwealth of Massachusetts relating to personal information security and with all
other applicable federal, state and international laws and regulations relating to
personal information security.
The provisions found in this Section on Confidential Information will survive any
expiration or
termination of the Agreement.”
4. Schedule A of the Agreement is hereby deleted in its entirety and replaced with the
following:
SCHEDULE A
FUNDS AVAILABLE UNDER THE CONTRACTS
ALL SERIES I SHARES AND SERIES II SHARES OF
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
SEPARATE ACCOUNTS UTILIZING THE FUNDS
ALL SEPARATE ACCOUNTS UTILIZING THE FUNDS
CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS
ALL CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS
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All other terms and provisions of the Agreement not amended herein shall remain in full force and
effect.
Effective date: April 30, 2010.
AIM VARIABLE INSURANCE FUNDS
(INVESCO VARIABLE INSURANCE FUNDS)
(INVESCO VARIABLE INSURANCE FUNDS)
By: | /s/ Xxxx X. Xxxx | ||||
Name: | Xxxx X. Xxxx | ||||
Title: | Senior Vice President |
WESTERN RESERVE LIFE ASSURANCE CO. OF OHIO
By: | /s/ Xxxxxx X. Xxxxx | ||||
Name: | Xxxxxx X. Xxxxx | ||||
Title: | Vice President |
TRANSAMERICA CAPITAL, INC.
By: | /s/ Xxxxxx X. Xxxxx | ||||
Name: | Xxxxxx X. Xxxxx | ||||
Title: | Assistant Vice President |
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