AMENDMENT NO. 1 to PARTICIPATION AGREEMENTParticipation Agreement • April 29th, 2011 • PHL Variable Accumulation Account
The Participation Agreement dated April 1, 2008, by and among PHL Variable Insurance Company, on behalf of itself and its Separate Accounts; Phoenix Equity Planning Corporation; AllianceBernstein L.P.; and AllianceBernstein Investments, Inc. (hereafter referred to as the “Agreement”) is hereby amended as follows:
