Life Insurance Company Sample Contracts

PARTICIPATION AGREEMENT Among OPPENHEIMER VARIABLE ACCOUNT FUNDS, OPPENHEIMERFUNDS, INC. and LIFE INSURANCE COMPANY
Life Insurance Company • April 30th, 2003 • Protective Variable Annuity Separate Account • New York

THIS AGREEMENT (the "Agreement"), made and entered into as of the day of , 200 by and among 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").

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