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Exhibit (5)--Distribution Agreement by and among TIAA, the Registrant, and
Teachers Personal Investors Services, Inc., (as amended)
EXHIBIT (5)
AMENDMENT TO THE DISTRIBUTION AGREEMENT
FOR THE
CONTRACTS FUNDED BY TIAA SEPARATE ACCOUNT VA-1
Amendment, dated November 3, 1997, to the Distribution Agreement for
TIAA Separate Account VA-1 by and among Teachers Insurance and Annuity
Association ("TIAA"), TIAA Separate Account VA-1 (the "Separate Account") and
Teachers Personal Investors Services, Inc. ("TPIS") dated September 15, 1994
(the "Agreement"). The parties to the Agreement mutually agree that:
Schedule A to the Agreement is hereby revised to read as follows:
The amount payable monthly by TIAA and TPIS in consideration of the
services performed by TPIS under this Agreement is 40 hundredths of one percent
(0.40%) of the premiums (as that term is used in paragraph 5(a) of the
Agreement) received by TIAA and allocated to the Separate Account under the
Contracts during each month.
IN WITNESS WHEREOF, TIAA, the Separate Account and TPIS have caused
this amendment to be executed in their names and on their behalf and under
their trust and corporate seals by and through their duly authorized officers
on the day and year first above written.
TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA
By: /s/ Xxxxx Xxxxxxx Attest: /s/ Xxxxx Xxxxxxx
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Title: Senior Vice President Title: Senior Counsel
and Chief Counsel, -----------------------
Investments
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TIAA SEPARATE ACCOUNT VA-1
By: /s/ Xxxxxx X. Xxxxx Attest: /s/ Xxxxx Xxxxxxx
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Title: President Title: Assistant Secretary
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TEACHERS PERSONAL INVESTORS SERVICES, INC.
By: /s/ Xxxx Xxxx Attest: /s/ Xxxxx Xxxxxxx
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Title: Secretary Title: Assistant Secretary
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