EXHIBIT (8)(m)(3) AMENDMENT No. 5 TO AMENDED AND RESTATED PARTICIPATION AGREEMENT (FRANKLIN/TEMPLETON)Participation Agreement • April 17th, 2012 • Separate Account Va X
Franklin Templeton Variable Insurance Products Trust (the “Trust”), Franklin/Templeton Distributors, Inc. (the “Underwriter,” and together with the Trust, “we” or “us”), Transamerica Life Insurance Company (the “Company” or “you”), and Transamerica Capital, Inc., your distributor, on your behalf and on behalf of certain Accounts, have previously entered into an Amended and Restated Participation Agreement dated May 1, 2007, and subsequently amended July 30, 2007, January 10 2008, November 1, 2008 and October 1, 2010, (the “Agreement”). The parties now desire to amend the Agreement by this amendment (the “Amendment”). Unless otherwise indicated, the terms defined in the Agreement shall have the same meaning in this Amendment.
