PARTICIPATION AGREEMENT
SECOND AMENDMENT TO
This Third Amendment to Participation Agreement (“Amendment”) is entered into by and among ▇▇▇▇ ▇▇▇▇▇ Investor Services, LLC, (the “Distributor”), ▇▇▇▇ ▇▇▇▇▇ Partners Variable Equity Trust (the “Fund”), ▇▇▇▇ ▇▇▇▇▇ Partners Fund Advisor, LLC (the “Advisor”) and Protective Life and Annuity Insurance Company (the “Company”), collectively (the “Parties”).
WHEREAS, the Parties entered into a Participation Agreement dated November 1, 2009, as amended (the “Agreement”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Agreement;
WHEREAS, the Parties desire to amend the Agreement;
NOW, THEREFORE, in consideration of these premises and the terms and conditions set forth herein, the Parties agree as follows:
1.
Schedule B of this Amendment, attached hereto, supersedes and replaces in its entirety the Schedule B of the Agreement.
2. The Agreement is hereby amended to add ▇▇▇▇ ▇▇▇▇▇ Partners Variable Income Trust to the definition of “Funds” and the list of Parties to the Agreement.
3.
Other Terms. Other than the foregoing, all other terms and conditions of the Agreement shall remain unchanged and in full force and effect and are ratified and confirmed in all respects by the Parties to this Amendment.
For the purpose of referring to this Amendment, the date of this Amendment shall be the date of acceptance by ▇▇▇▇ ▇▇▇▇▇ Investor Services, LLC.
▇▇▇▇ ▇▇▇▇▇ Investor Services, LLC
Protective Life and Annuity Insurance Company
Name:
▇▇▇▇▇▇ ▇’▇▇▇▇
Name:
▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title:
COO US Distribution
Title:
SVP
Date: 8/10/2020
Date: Aug 11, 2020
▇▇▇▇ ▇▇▇▇▇ Partners Variable Equity Trust
▇▇▇▇ ▇▇▇▇▇ Partners Variable Income Trust
By:
/s/ ▇▇▇▇ Trust
By:
/s/ ▇▇▇▇ Trust
Name:
▇▇▇▇ Trust
Name:
▇▇▇▇ Trust
Title:
President & CEO
Title:
President & CEO
Date: 8/10/2020
Date: 8/10/2020
▇▇▇▇ ▇▇▇▇▇ Partners Fund Advisor, LLC
By:
/s/ ▇▇▇▇ Trust
Name:
▇▇▇▇ Trust
Title:
President & CEO
Date: 8/10/2020
SCHEDULE B
PORTFOLIOS AVAILABLE UNDER THE CONTRACTS
All Funds shall pay 12b-1 fees in the amount as stated in each Fund’s then current prospectus.
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Fund Trust Name
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Portfolio Fund Name
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Class
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CUSIP
|
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ClearBridge Variable Mid Cap Portfolio
|
I
|
▇▇▇▇▇▇▇▇▇
|
|
|
▇▇▇▇ ▇▇▇▇▇ Partners Variable Equity Trust
|
ClearBridge Variable Mid Cap Portfolio
|
II
|
▇▇▇▇▇▇▇▇▇
|
|
▇▇▇▇ ▇▇▇▇▇ Partners Variable Equity Trust
|
ClearBridge Variable Small Cap Growth Portfolio
|
I
|
▇▇▇▇▇▇▇▇▇
|
|
▇▇▇▇ ▇▇▇▇▇ Partners Variable Equity Trust
|
ClearBridge Variable Small Cap Growth Portfolio
|
II
|
▇▇▇▇▇▇▇▇▇
|
|
▇▇▇▇ ▇▇▇▇▇ Partners Variable Equity Trust
|
QS ▇▇▇▇ ▇▇▇▇▇ Dynamic Multi-Strategy VIT Portfolio
|
I
|
▇▇▇▇▇▇▇▇▇
|
|
▇▇▇▇ ▇▇▇▇▇ Partners Variable Equity Trust
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QS ▇▇▇▇ ▇▇▇▇▇ Dynamic Multi-Strategy VIT Portfolio
|
II
|
▇▇▇▇▇▇▇▇▇
|
|
▇▇▇▇ ▇▇▇▇▇ Partners Variable Income Trust
|
Western Asset Core Plus VIT Portfolio
|
I
|
▇▇▇▇▇▇▇▇▇
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2