0001193125-07-093301 Sample Contracts

Exhibit (8)(u) PARTICIPATION AGREEMENT (VANGUARD)
Participation Agreement • April 27th, 2007 • Peoples Benefit Life Insurance Co Separate Account V • Iowa

THIS AGREEMENT, made and entered into as of the 1st day of May, 2002, by and among VANGUARD VARIABLE INSURANCE FUND (hereinafter the “Fund”), a Delaware business trust, THE VANGUARD GROUP, INC. (hereinafter the “Sponsor”), a Pennsylvania corporation, VANGUARD MARKETING CORPORATION (hereinafter the “Distributor”), a Delaware corporation, and PEOPLES BENEFIT LIFE INSURANCE COMPANY (hereinafter the “Company”), an Iowa corporation, on its own behalf and on behalf of each separate account of the Company named in Schedule A hereto as may be amended from time to time (each such account hereinafter referred to as the “Account”).

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EXHIBIT (8)(t) PARTICIPATION AGREEMENT (WELLS FARGO)
Participation Agreement • April 27th, 2007 • Peoples Benefit Life Insurance Co Separate Account V • Iowa

THIS AGREEMENT, effective this 8th day of April, 2005 by and between WELLS FARGO VARIABLE TRUST, an unincorporated business trust formed under the laws of Delaware (the “Trust”), WELLS FARGO FUNDS DISTRIBUTOR, LLC, a Delaware limited liability company (the “Distributor”), and PEOPLES BENEFIT LIFE INSURANCE COMPANY, an Iowa life insurance company (the “Company”), on its own behalf and on behalf of each separate account of the Company identified herein.

Exhibit (8)(r) FUND PARTICIPATION AGREEMENT (SELIGMAN)
Fund Participation Agreement • April 27th, 2007 • Peoples Benefit Life Insurance Co Separate Account V • New York

THIS AGREEMENT is made this 8th day of December, 2000, between Seligman Portfolios, Inc., an open-end management investment company organized as a Maryland Corporation (the “Fund”), Seligman Advisors, Inc. (the “Distributor”), a Delaware corporation, and Peoples Benefit Life Insurance Company, a stock life insurance company organized under the laws of the State of Iowa (the “Company”), on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A, as may be amended from time to time (the “Account”).

TERMINATION OF PRINCIPAL UNDERWRITING AGREEMENT
Underwriting Agreement • April 27th, 2007 • Peoples Benefit Life Insurance Co Separate Account V

This TERMINATION OF PRINCIPAL UNDERWRITING AGREEMENT is made and entered into this 14th day of March, 2007, among AFSG SECURITIES CORPORATION (“AFSG”), a Pennsylvania corporation, and PEOPLES BENEFIT LIFE INSURANCE COMPANY (“PBL”), an Iowa corporation, on its own behalf and on behalf of the separate investment account of PBL (the “Account”).

AMENDED AND RESTATED PRINCIPAL UNDERWRITING AGREEMENT
Principal Underwriting Agreement • April 27th, 2007 • Peoples Benefit Life Insurance Co Separate Account V • Iowa

THIS AMENDED AND RESTATED PRINCIPAL UNDERWRITING AGREEMENT made and effective as of the 15th day of March, 2007, by and between AFSG SECURITIES CORPORATION (“AFSG”), a Pennsylvania corporation, and PEOPLES BENEFIT LIFE INSURANCE COMPANY (“PBL”), an Iowa corporation, on its own behalf and on behalf the separate investment accounts of PBL set forth in Exhibit A attached hereto and made a part hereof (collectively, the “Account”).

EXHIBIT (8)(s)(1) SECOND AMENDMENT TO PARTICIPATION AGREEMENT (FIDELITY)
Participation Agreement • April 27th, 2007 • Peoples Benefit Life Insurance Co Separate Account V

Peoples Benefit Life Insurance Company, Variable Insurance Products Funds (I, II, III) and Fidelity Distributors Corporation hereby amend the Participation Agreement (“Agreement”) dated December 1, 2000, by doing the following:

AMENDMENT NO. 1 AND NOVATION TO THE AMENDED AND RESTATED PRINCIPAL UNDERWRITING AGREEMENT
Principal Underwriting Agreement • April 27th, 2007 • Peoples Benefit Life Insurance Co Separate Account V

Amendment dated May 1, 2007 to the Amended and Restated Principal Underwriting Agreement, dated as of March 15, 2007, by and between AFSG Securities Corporation (“AFSG”) and Peoples Benefit Life Insurance Company (“PBL”) (the “Agreement”).

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