0000009713-15-000115 Sample Contracts

PARTICIPATION AGREEMENT Among Rydex Variable Trust, Guggenheim Variable Funds Trust, Guggenheim Funds Distributors, LLC And
Participation Agreement • October 22nd, 2015 • Principal Life Insurance Co Separate Account B • Delaware

THIS AGREEMENT, made and entered into as of this 1st day of May, 2015 by and among Principal Life Insurance Company (hereinafter the "Company"), an Iowa company, on its own behalf and on behalf of each Account (defined below), RYDEX VARIABLE TRUST, a Delaware statutory trust, GUGGENHEIM VARIABLE FUNDS TRUST, a Delaware statutory trust and GUGGENHEIM FUNDS DISTRIBUTORS, LLC (hereinafter the "Underwriter"), a Delaware limited liability company.

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SERVICES AGREEMENT
Services Agreement • October 22nd, 2015 • Principal Life Insurance Co Separate Account B

This Agreement is made as of May 1, 2015, by and among Guggenheim Funds Distributors, LLC (''DISTRIBUTOR"), a Delaware limited liability company and Principal Life Insurance Company (the "Company"), an Iowa corporation.

DISTRIBUTION SUB-AGREEMENT
Distribution Sub-Agreement • October 22nd, 2015 • Principal Life Insurance Co Separate Account B • Delaware

BLACKROCK VARIABLE SERIES FUNDS, INC. (the "Company"), on behalf of each of its series as may be amended from time to time (the "Portfolios"), PRINCIPAL LIFE INSURANCE COMPANY (the "Insurance Company"), and PRINCOR FINANCIAL SERVICES CORPORATION ("Princor") mutually agree to the arrangements set forth in this Agreement (the "Agreement") dated as of May 19, 2015.

ADMINISTRATIVE SERVICES AGREEMENT
Administrative Services Agreement • October 22nd, 2015 • Principal Life Insurance Co Separate Account B • Delaware

THIS AGREEMENT is executed as of June 2, 2015, and effective as of May 19, 2015 (the "Effective Date", between BLACKROCK ADVISORS, LLC ("BAL") and PRINCIPAL LIFE INSURANCE COMPANY, a life insurance company organized under the laws of the State of IOWA (the "Insurer").

Services Agreement
Services Agreement • October 22nd, 2015 • Principal Life Insurance Co Separate Account B

This agreement is made as of the 1st day of May, 2015 between Columbia Management Investment Distributors, Inc., a Delaware corporation (“CMID”) and Principal Life Insurance Company (“PLIC”) and Principal National Life Insurance Company (“PNL”), each an Iowa life insurance company (PLIC and PNL are collectively referred to as “Company”).

FUND PARTICIPATION AGREEMENT
Fund Participation Agreement • October 22nd, 2015 • Principal Life Insurance Co Separate Account B • Delaware

THIS AGREEMENT is executed as of 2015, and effective as of May 19, 2015 (the "Effective Date"), by and among BLACKROCK VARIABLE SERIES FUNDS,INC. an open-end management investment company organized as a Maryland corporation (the "Fund"), BLACKROCK INVESTMENTS, LLC ("BRIL" or the "Underwriter"), a broker-dealer registered as such under the Securities Exchange Act of 1934, as amended (the "1934 Act"), and PRINCIPAL LIFE INSURANCE COMPANY, a life insurance company organized under the laws of the state of Iowa (the "Company"), on its own behalf and on behalf of each separate account of the Company set forth on Schedule A, as may be amended from time to time (each separate account hereinafter referred to individually as an Account" and collectively as the "Accounts").

VARIABLE PRODUCT SERVICES AGREEMENT RYDEX VARIABLE TRUST
Variable Product Services Agreement • October 22nd, 2015 • Principal Life Insurance Co Separate Account B • Delaware

This VARIABLE PRODUCT SERVICES AGREEMENT (the "Agreement") is made as of May 1, 2015 by Guggenheim Funds Distributors, LLC ("GFDL"), a Delaware limited liability company, and Principal Life Insurance Company (the "Servicer"), an Iowa corporation.

THIRD AMENDMENT TO THE FUND PARTICIPATION AGREEMENT
Fund Participation Agreement • October 22nd, 2015 • Principal Life Insurance Co Separate Account B

This amendment (“Amendment”) dated as of July 1, 2015, amends the Fund Participation Agreement dated as of April 26, 2010, as amended December 30, 2010 and April 4, 2014, (the “Agreement”) between PRINCIPAL LIFE INSURANCE COMPANY (“Insurance Company”), a corporation organized under the laws of the State of Iowa, on behalf of one or more separate accounts, PRINCOR FINANCIAL SERVICES CORPORATION (“Distributor”), a corporation organized under the laws of the State of Iowa, DELAWARE VIP TRUST, an open-end management investment company organized as a statutory trust under the laws of the State of Delaware (the “Fund”); and DELAWARE DISTRIBUTORS, L.P., a limited partnership organized under the laws of the State of Delaware and principal underwriter/distributor of the Trust (the “Fund Distributor”).

LOGO> GUGGENHEIM Guggenheim Distributors, LLC
Serv and Networking Agreement • October 22nd, 2015 • Principal Life Insurance Co Separate Account B • Delaware
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