Common Contracts

PARTICIPATION AGREEMENT

Participation Agreement • April 30th, 2015 • SBL Variable Annuity Account Xiv • California

• Contract Type
  Participation Agreement
• Filed
  April 30th, 2015
• Company
  SBL Variable Annuity Account Xiv
• Jurisdiction
  California

Amended and Restated Participation Agreement as of November 1, 2007 Franklin Templeton Variable Insurance Products Trust Franklin/Templeton Distributors, Inc. Principal Life Insurance Company Princor Financial Services Corporation CONTENTS

Participation Agreement • June 26th, 2008 • Principal Life Insurance Co Variable Life Sep Account • California

• Contract Type
  Participation Agreement
• Filed
  June 26th, 2008
• Company
  Principal Life Insurance Co Variable Life Sep Account
• Jurisdiction
  California

For each Class 2 Portfolio named on Schedule C of this Agreement, the Company’s Distributor is eligible to receive a maximum annual payment rate of 0.25% stated as a percentage per year of that Portfolio’s Class 2 average daily net assets, pursuant to the terms and conditions referenced below under its Class 2 Rule 12b-l Distribution Plan.