EXHIBIT (8)(a)(3) AMENDMENT NO. 28 TO PARTICIPATION AGREEMENT (AEGON/TRANSAMERICA)
EXHIBIT (8)(a)(3)
AMENDMENT NO. 28 TO PARTICIPATION AGREEMENT
(AEGON/TRANSAMERICA)
AMENDMENT NO. 28 TO
PARTICIPATION AGREEMENT AMONG
AEGON/TRANSAMERICA SERIES FUND, INC.,
TRANSAMERICA LIFE INSURANCE COMPANY,
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY,
PEOPLES BENEFIT LIFE INSURANCE COMPANY,
TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY AND
TRANSAMERICA LIFE INSURANCE AND ANNUITY COMPANY
Amendment No. 28 to the Participation Agreement among AEGON/Transamerica Series Fund, Inc., (the “Fund”), Transamerica Life Insurance Company (“Transamerica”), Transamerica Financial Life Insurance Company (“TFLIC”), Peoples Benefit Life Insurance Company (“Peoples”), Transamerica Occidental Life Insurance Company (“TOLIC”), and Transamerica Life Insurance and Annuity Company (“TALIAC”) dated July 1, 1992, as amended (“Participation Agreement”).
WHEREAS, Transamerica and TFLIC, has registered or will register certain variable annuity contracts (the “Policies”) under the Securities Act of 1933; and
WHEREAS, Transamerica has, by resolution of its Board of Directors, duly organized and established the Separate Account VA R, the Separate Account VA S and the Separate Account Q; and TFLIC has, by resolution of its Board of Directors, duly organized and established the Separate Account QNY (the “Accounts”), as segregated asset accounts to receive, set aside and invest assets attributable to net premiums and payments received under the Policies and such Policies will be partly funded by the Fund; and
WHEREAS, Transamerica and TFLIC has registered or will register the Accounts as unit investment trusts under the Investment Company Act of 1940, as amended; and
WHEREAS, to the extent permitted by applicable insurance law and regulations, Transamerica and TFLIC intend to purchase shares in one or more of the portfolios of the Fund to fund its contracts on behalf of the Accounts, as specified in Schedule A attached to this Amendment, as such Schedule A is amended by this Amendment No. 28, and as Schedule A may be amended from time to time; and
NOW, THEREFORE, IT IS HEREBY AGREED that Transamerica, through its Policies, Flexible Premium Variable Annuity—C, Flexible Premium Variable Annuity—D and Flexible Premium Variable Annuity—B; and TFLIC, through its Policy, Flexible Premium Variable Annuity—E, will purchase and redeem shares issued by the Fund, subject to the terms and conditions of the Participation Agreement. It is also hereby agreed that Schedule A to this Agreement will be amended to add the Flexible Premium Variable Annuity—C, the Flexible Premium Variable Annuity—D, the Flexible Premium Variable Annuity—B and the Flexible Premium Variable Annuity—E as additional “Policies”; and to add the Separate Account VA R, the Separate Account VA S, the Separate Account Q and the Separate Account QNY as additional “Accounts”.
IN WITNESS WHEREOF, each of the parties has caused this Amendment to be executed in its name and on its behalf by its duly authorized representative as of December 1, 2003.
| TRANSAMERICA LIFE INSURANCE COMPANY |
AEGON/TRANSAMERICA SERIES FUND, INC. | |||||||
| By its authorized officer | By its authorized officer | |||||||
| By: | /s/ Xxxxx X. Xxxxxx |
By: | /s/ Xxxx X. Xxxxxx | |||||
| Xxxxx X. Xxxxxx Title: President |
Xxxx X. Xxxxxx Title: Vice President, Secretary and General Counsel | |||||||
| TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY |
PEOPLES BENEFIT LIFE INSURANCE COMPANY | |||||||
| By its authorized officer | By its authorized officer | |||||||
| By: | /s/ Xxxxx X. Xxxxxx |
By: | /s/ Xxxxx X. Xxxxxx | |||||
| Xxxxx X. Xxxxxx Title: Vice President |
Xxxxx X. Xxxxxx Title: Executive Vice President | |||||||
| TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY |
TRANSAMERICA LIFE INSURANCE AND ANNUITY COMPANY | |||||||
| By its authorized officer |
By its authorized officer | |||||||
| By: | /s/ Xxxxxxxxx X. Xxxxxxx |
By: | /s/ Xxxxxxxxx X. Xxxxxxx | |||||
| Xxxxxxxxx X. Xxxxxxx Title: Assistant Vice President and Assistant Secretary |
Xxxxxxxxx X. Xxxxxxx Title: Assistant Vice President and Assistant Secretary | |||||||
AMENDED SCHEDULE A
Effective December 1, 2003
Account(s), Policy(ies) and Portfolio(s)
Subject to the Participation Agreement
| Accounts: | Separate Account VA B | |
| Separate Account VA BNY | ||
| Mutual Fund Account | ||
| Separate Account VA A | ||
| Separate Account VA C | ||
| Separate Account VA D | ||
| Retirement Builder Variable Annuity Account | ||
| Transamerica Financial Life Insurance Company Separate Account C | ||
| Peoples Benefit Life Insurance Company Separate Account V | ||
| Legacy Builder Variable Life Separate Account | ||
| TFLIC Series Life Account | ||
| TFLIC Series Annuity Account | ||
| Transamerica Occidental Life Separate Account VUL-3 | ||
| Separate Account VA E | ||
| Separate Account VA F | ||
| Transamerica Occidental Life Separate Account VUL-4 | ||
| Transamerica Occidental Life Separate Account VUL-5 | ||
| Transamerica Life Insurance and Annuity Company on behalf | ||
| of its Separate Account VA-8 | ||
| Separate Account VA J | ||
| Transamerica Occidental Life Separate Account VUL-6 | ||
| TA PPVUL 1 | ||
| Separate Account K | ||
| Separate Account H | ||
| Separate Account G | ||
| Separate Account VA-2LNY | ||
| Separate Account VA-2L | ||
| Separate Account VL A | ||
| AES Private Placement VA Separate Account | ||
| Separate Account VA L | ||
| Separate Account VA P | ||
| PFL Corporate Account One | ||
| Separate Account VA R | ||
| Separate Account VA S | ||
| Separate Account Q | ||
| Separate Account QNY | ||
| Policies: | Transamerica Landmark Variable Annuity | |
| Transamerica Landmark NY Variable Annuity | ||
| Atlas Portfolio Builder Variable Annuity | ||
| Transamerica EXTRA Variable Annuity | ||
| Transamerica Access Variable Annuity | ||
| Retirement Income Builder II Variable Annuity | ||
| TFLIC & Peoples—Advisor’s Edge Variable Annuity | ||
| Peoples—Advisor’s Edge Select Variable Annuity | ||
| Legacy Builder Plus | ||
| TFLIC Financial Freedom Builder | ||
| Transamerica Elite | ||
| Privilege Select Variable Annuity | ||
| Estate Enhancer Variable Life | ||
| TransSurvivor Life Variable Universal Life | ||
| TransMark Optimum Choice Variable Annuity | ||
| TransUltra® Variable Universal Life | ||
| TFLIC Freedom Elite Builder | ||
| TFLIC Premier Variable Annuity | ||
AMENDED SCHEDULE A (continued)
| Policies (continued): | ||
| Immediate Income Builder II | ||
| Premier Asset Builder Variable Annuity | ||
| TransAccumulator VUL cv | ||
| TFLIC Freedom Wealth Protector | ||
| Advantage V | ||
| Retirement Income Builder Variable Annuity | ||
| Retirement Income Builder—BAI Variable Annuity | ||
| Dreyfus Advisor Advantage Variable Annuity | ||
| Dreyfus Access Advantage Variable Annuity | ||
| Dreyfus/Transamerica Triple Advantage® Variable Annuity (NY) | ||
| Dreyfus/Transamerica Triple Advantage® Variable Annuity | ||
| Transamerica Variable Life | ||
| Advisor’s Edge Select Private Placement | ||
| Transamerica Preferred Advantage Variable Annuity | ||
| Flexible Premium Variable Annuity—A | ||
| Portfolio Select Variable Annuity—B | ||
| Flexible Premium Variable Annuity—C | ||
| Flexible Premium Variable Annuity—D | ||
| Flexible Premium Variable Annuity—E | ||
| Portfolios: |
AEGON/Transamerica Series Fund, Inc.—Each Portfolio has an Initial Class of Shares and a Service Class of Shares | |
| AEGON Xxxx | ||
| Xxxxx Aggressive Growth | ||
| Asset Allocation—Conservation Portfolio | ||
| Asset Allocation—Moderate Portfolio | ||
| Asset Allocation—Moderate Growth Portfolio | ||
| Asset Allocation—Growth Portfolio | ||
| American Century International | ||
| American Century Income & Growth | ||
| BlackRock Large Cap Value | ||
| BlackRock Mid Cap Growth | ||
| BlackRock Global Science & Technology Opportunities | ||
| Capital Guardian Global | ||
| Capital Guardian U.S. Equity | ||
| Capital Guardian Value | ||
| Clarion Real Estate Securities | ||
| Dreyfus Mid Cap | ||
| Dreyfus Small Cap Value | ||
| Federated Growth & Income | ||
| GE U.S. Equity | ||
| Great Companies—America sm | ||
| Great Companies—Technology sm | ||
| X.X. Xxxxxx Enhanced Index | ||
| Janus Balanced | ||
| Janus Global | ||
| Janus Growth | ||
| Xxxxxxxx Growth | ||
| LKCM Strategic Total Return | ||
| Xxxxxxx Growth | ||
| MFS High Yield | ||
| Munder Net50 | ||
| PBHG/NWQ Value Select | ||
AMENDED SCHEDULE A (continued)
| Portfolios: |
AEGON/Transamerica Series Fund, Inc. (continued) | |
| PBHG Mid Cap Growth | ||
| PIMCO Total Return | ||
| Protected Principal Stock | ||
| Salomon All Cap | ||
| Select+ Aggressive | ||
| Select+ Conservative | ||
| Select+ Growth & Income | ||
| Xxxxxxxxx Great Companies Global | ||
| X. Xxxx Price Equity Income | ||
| X. Xxxx Price Growth Stock | ||
| X. Xxxx Price Small Cap | ||
| Third Avenue Value | ||
| Transamerica Equity | ||
| Transamerica Convertible Securities | ||
| Transamerica Growth Opportunities | ||
| Transamerica Money Market | ||
| Transamerica U.S. Government Securities | ||
| Transamerica Value Balanced | ||
| Xxx Xxxxxx Active International Allocation | ||
| Xxx Xxxxxx Asset Allocation | ||
| Xxx Xxxxxx Emerging Growth | ||
