Participation Agreement as of May 1, 2016 Franklin Templeton Variable Insurance Products Trust Franklin/Templeton Distributors, Inc. MEMBERS Life Insurance Company CUNA Brokerage Services, Inc. CONTENTSParticipation Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • California
With respect to the following agreement(s) (altogether, the “Agreement”) (please reproduce and complete table for multiple agreements):
FUND PARTICIPATION AGREEMENTFund Participation Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • New York
THIS AGREEMENT is made as of September 30, 2015, between Northern Lights Variable Trust, an open-end management investment company organized as a Delaware business trust (the “Trust”), and MEMBERS 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 segregated asset account of the Company set forth on Schedule A, as the parties hereto may amend it from time to time (the “Accounts”) (individually, a “Party”, and collectively, the “Parties”).
PARTICIPATION AGREEMENT Among OPPENHEIMER VARIABLE ACCOUNT FUNDS, OPPENHEIMERFUNDS, INC. andParticipation Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • New York
THIS AGREEMENT (the “Agreement”), made and entered into as of the 1st day of October, 2015 by and among MEMBERS Life Insurance Company (hereinafter the “Company”), on its own behalf and on behalf of each separate account of the Company named in Schedule 1 to this Agreement, as may be amended from time to time by mutual consent (hereinafter collectively the “Accounts”), Oppenheimer Variable Account Funds (hereinafter the “Fund”) and OppenheimerFunds, Inc. (hereinafter the “Adviser”).
PARTICIPATION AGREEMENT Among PUTNAM VARIABLE TRUST PUTNAM RETAIL MANAGEMENT LIMITED PARTNERSHIP And MEMBERS Life Insurance CompanyParticipation Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • Massachusetts
THIS AGREEMENT, made and entered into as of this 30th day of September, 2015, among MEMBERS Life Insurance Company (the “Company”), an Iowa mutual life insurance corporation, on its own behalf and on behalf of each separate account of the Company set forth on Schedule A hereto, as such Schedule may be amended from time to time (each such account hereinafter referred to as the “Account”), PUTNAM VARIABLE TRUST (the “Trust”), a Massachusetts business trust, and PUTNAM RETAIL MANAGEMENT LIMITED PARTNERSHIP (the “Underwriter”), a Massachusetts limited partnership.
PARTICIPATION AGREEMENT Among and MEMBERS LIFE INSURANCE COMPANYParticipation Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • Maryland
THIS AGREEMENT, made and entered into as of this 3rd day of November. 2015 by and among MEMBERS Life Insurance Company (hereinafter, the “Company”), an Iowa insurance company, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A hereto as may be amended from time to time (each account hereinafter referred to as the “Account”), and the undersigned funds, each, a corporation organized under the laws of Maryland (each hereinafter referred to as the “Fund”) and T. Rowe Price Investment Services, Inc. (hereinafter the “Underwriter”), a Maryland corporation.
PARTICIPATION AGREEMENT Among THE UNIVERSAL INSTITUTIONAL FUNDS, INC., MORGAN STANLEY DISTRIBUTION, INC., MORGAN STANLEY INVESTMENT MANAGEMENT INC., and MEMBERS LIFE INSURANCE COMPANY Dated as of October 1, 2015Participation Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • New York
(This and related steps may occur later in the chronological process due to possible uncertainties relating to the proposals.)
AMENDED AND RESTATED DISTRIBUTION AGREEMENT FOR REGISTERED ANNUITY CONTRACTSDistribution Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • Iowa
This Amended and Restated Distribution Agreement for Registered Annuity Contracts (the “Agreement”) is made effective as of January 7, 2016 by and between MEMBERS Life Insurance Company (“MLIC”), a stock life insurance company, and CUNA Brokerage Services, Inc. (“CBSI” and, with MLIC, the “Parties”), a registered broker-dealer.
Administrative Services Agreement Franklin Templeton Services, LLC MEMBERS Life Insurance CompanyAdministrative Services Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • California
THIS AGREEMENT, by and between Franklin Templeton Services, LLC (the “Fund Administrator”), and MEMBERS Life Insurance Company (the “Company”), concerning certain administrative services with respect to each series (“Fund” or “Funds”) of Franklin Templeton Variable Insurance Products Trust (the “Trust”), which Funds are specified in the Participation Agreement, as may be amended from time to time, among the Company, the Trust, and Franklin Templeton Distributors, Inc. (the “Underwriter”), among others, dated May 1, 2016 (the “Participation Agreement”).
MARKETING AND ADMINISTRATIVE SERVICES AGREEMENTMarketing and Administrative Services Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • Massachusetts
MEMBERS LIFE INSURANCE COMPANY (“Firm”), and PUTNAM RETAIL MANAGEMENT LIMITED PARTNERSHIP (“Distributor”) mutually agree to the arrangements set forth in this Marketing and Administrative Services Agreement (the “Agreement”) dated September 30, 2015. Firm and the Distributor are referred to collectively herein as the “Parties.”
PARTICIPATION AGREEMENT by and among DFA INVESTMENT DIMENSIONS GROUP INC., DIMENSIONAL FUND ADVISORS LP, DFA SECURITIES LLC and MEMBERS LIFE INSURANCE COMPANYParticipation Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • Texas
THIS AGREEMENT, made and entered into this 27th day of August 2015, by and among MEMBERS Life Insurance Company (the “Company”), on its own behalf and on behalf of segregated asset accounts of the Company that may be established from time to time (individually, an “Account” and collectively, the “Accounts”); DFA Investment Dimensions Group Inc. (the “Fund”); the Fund’s investment adviser, Dimensional Fund Advisors LP (the “Adviser”); and DFA Securities LLC (“DFAS”) (individually, a “Party” and collectively, the “Parties”).
THE UNIVERSAL INSTITUTIONAL FUNDS, INC. SERVICING AGREEMENTServicing Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • New York
THIS SERVICING AGREEMENT (“Agreement”), dated as of October 1, 2015, is by and between THE UNIVERSAL INSTITUTIONAL FUNDS, INC. (the “Fund”) and MEMBERS LIFE INSURANCE COMPANY (the “Company”).
ContractShareholder Information Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account
This Agreement entered into by and between T. Rowe Price Services, Inc. (“Services”), T. Rowe Price Investment Services, Inc., (“Investment Services”) (collectively “T. Rowe Price”) and MEMBERS Life Insurance Company (“Intermediary”) is effective upon the first purchase of T. Rowe Price Fund (“Funds”) Shares by Intermediary.
12b-l AGREEMENT12b-1 Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account
This Agreement is between MEMBERS Life Insurance Company (“Company”) and T. Rowe Price Investment Services, Inc., (the “Distributor”), is intended to supplement the Participation Agreement dated November 3, 2015 by, between and among the Company, certain portfolios of funds, and T. Rowe Price Investment Services, Inc. (“Participation Agreement”). All terms herein, unless otherwise defined, shall have the same meaning as used in the Participation Agreement.
MORGAN STANLEY DISTRIBUTION, INC. ADMINISTRATIVE SERVICE AGREEMENTAdministrative Service Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • New York
THIS ADMINISTRATIVE SERVICE AGREEMENT (“Agreement”) is made and entered into as of this 1st day of October, 2015, by and between MORGAN STANLEY DISTRIBUTION, INC. (the “Distributor”) and MEMBERS LIFE INSURANCE COMPANY (the “Company”).
RULE 22c-2 AGREEMENTRule 22c-2 Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account
This Rule 22c-2 Agreement dated September 30th, 2015 is entered into by and between Putnam Investor Services, Inc. (“PSERV”), transfer agent, dividend-disbursing agent and shareholder servicing agent for the Fund, Putnam Retail Management Limited Partnership (“PRM”), underwriter and distributor of the Fund, and MEMBERS Life Insurance Company (“Intermediary”).
Shareholder Information Agreement (Under Rule 22c-2(a) (2) of the Investment Company Act of 1940)Shareholder Information Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account
This Agreement is effective as of the 1st day of October, 2015, by and between Shareholder Services, Inc. (“SSI”), OppenheimerFunds Distributor, Inc. (“Distributor”) and referred together with SSI as “Oppenheimer”, and MEMBERS Life Insurance Company.
November 3, 2015Administration Services Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account
This letter sets forth the agreement (“Agreement”) between MEMBERS Life Insurance Company (“you” or the “Company”) and the undersigned (“we” or “Price Associates”) concerning certain administration services to be provided by you, with respect to the T. Rowe Price Equity Series, Inc. and T. Rowe Price Fixed Income Series, Inc. and T. Rowe Price International Series, Inc. (the “Fund” and collectively, the “Funds”).
MEMBERS HORIZON COINSURANCE AND MODIFIED COINSURANCE AGREEMENT by and between MEMBERS Life Insurance Company (referred to as the “Company”) and CMFG Life Insurance Company (referred to as the “Reinsurer”) Effective as of November 1, 2015 MEMBERS...Coinsurance Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account • Iowa
THIS MEMBERS HORIZON COINSURANCE AND MODIFIED COINSURANCE AGREEMENT (this “Agreement”) is effective as of November 1, 2015, by and between MEMBERS Life Insurance Company, an Iowa domiciled stock insurance company (together with its successors and permitted assigns, the “Company”), and CMFG Life Insurance Company, an Iowa domiciled stock insurance company (together with its successors and permitted assigns, the “Reinsurer”).
DISTRIBUTION AND SHAREHOLDER SERVICES AGREEMENTDistribution and Shareholder Services Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account
This Agreement, effective as of September 30, 2015, is between CUNA Brokerage Services, Inc., a life insurance company organized under the laws of the State of Iowa (the “Company”) and Northern Lights Variable Trust, an open-end management investment company organized as a Delaware business trust (the “Trust”), and is intended to supplement the Participation Agreement dated September 30, 2015 by and between the Company and the Trust.
Shareholder Information Agreement Franklin Templeton Variable Insurance Products TrustShareholder Information Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account
This Shareholder Information Agreement (“Agreement”) is entered into effective as of May 1, 2016, and is among Franklin/Templeton Distributors, Inc. (“Distributors”) on behalf of each Fund, as defined below, and the Intermediary, as defined below. Unless otherwise specified, capitalized terms have the meaning set out under “Definitions,” below.
MORGAN STANLEY INVESTMENT MANAGEMENT INC. 522 FIFTH AVENUE NEW YORK, NY 10036Participation Agreement • January 29th, 2016 • MEMBERS Horizon Variable Separate Account
The Universal Institutional Funds, Inc. (the “Fund”), Morgan Stanley Distribution, Inc. (the “Distributor”), Morgan Stanley Investment Management Inc. (the “Adviser”) and MEMBERS Life Insurance Company (the “Company”) have entered into a Participation Agreement, dated as of October 1, 2015, as may be amended from time to time (the “Participation Agreement”), providing for the purchase by the Company of Class I and/or Class II shares of certain series of the Fund specified on Schedule B to the Participation Agreement (the “Portfolios”), on behalf of the Company’s separate account(s) to fund certain variable life and annuity contracts (the “Contracts”), each as specified on Schedule A to the Participation Agreement.
