PARTICIPATION AGREEMENT Among OPPENHEIMER VARIABLE ACCOUNT FUNDS, OPPENHEIMERFUNDS, INC. and LIFE INSURANCE COMPANYLife Insurance Company • April 30th, 2003 • Protective Variable Annuity Separate Account • New York
Contract Type FiledApril 30th, 2003 Company JurisdictionTHIS 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").