Amendment to Participation Agreement Franklin Templeton Variable Insurance Products Trust Franklin Templeton Distributors, Inc. COVA Financial Life Insurance Company
Exhibit 8(vi)(b)
Amendment to Participation Agreement
Franklin ▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust
Franklin ▇▇▇▇▇▇▇▇▇ Distributors, Inc.
COVA Financial Life Insurance Company
The participation agreement, dated as of September 1, 2000, by and among Franklin ▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust, Franklin ▇▇▇▇▇▇▇▇▇ Distributors, Inc. and COVA Financial Life Insurance Company (the “Agreement”) is hereby amended as follows:
Section 4.4 of the Agreement is deleted in its entirety and replaced with the following provision:
4.4 At your option, we shall provide you, at our expense, with either: (i) for each Contract owner who is invested through the Account in a subaccount corresponding to a Portfolio (“designated subaccount”), one copy of each of the following documents on each occasion that such document is required by law or regulation to be delivered to such Contract owner who is invested in a designated subaccount: the Trust’s current prospectus, annual report, semi-annual report and other shareholder communications, including any amendments or supplements to any of the foregoing, pertaining specifically to the Portfolios (“Designated Portfolio Documents”); or (ii) a camera ready copy of such Designated Portfolio Documents in a form suitable for printing and from which information relating to series of the Trust other than the Portfolios has been deleted to the extent practicable. In connection with clause (ii) of this paragraph, we will pay for proportional printing costs for such Designated Portfolio Documents in order to provide one copy for each Contract owner who is invested in a designated subaccount on each occasion that such document is required by law or regulation to be delivered to such Contract owner, and provided the appropriate documentation is provided and approved by us. We shall provide you with a copy of the Trust’s current statement of additional information, including any amendments or supplements, in a form suitable for you to duplicate. The expenses of furnishing, including mailing, to Contract owners the documents referred to in this paragraph shall be borne by you. For each of the documents provided to you in accordance with clause (i) of this paragraph 4.4, we shall provide you, upon your request and at your expense, additional copies. In no event shall we be responsible for the costs of printing or delivery of Designated Portfolio Documents to potential or new Contract owners or the delivery of Designated Portfolio Documents to existing contract owners.
All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.
Effective Date as of September 1, 2000.
| Franklin ▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust |
Franklin ▇▇▇▇▇▇▇▇▇ Distributors, Inc. | |||||
| By: |
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ |
By: |
/s/ ▇▇▇▇ ▇▇▇▇▇▇ | |||
| Name: |
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ |
Name: |
▇▇▇▇ ▇▇▇▇▇▇ | |||
| Title: |
Assistant Vice President |
Title: |
Vice President | |||
| COVA Financial Life Insurance Company |
||||||
| By: |
/s/ J. ▇▇▇▇▇▇ ▇▇▇▇▇▇ |
|||||
| Name: |
J. ▇▇▇▇▇▇ ▇▇▇▇▇▇ |
|||||
| Title: |
Senior VP & Chief Actuary |
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Amendment to Participation Agreement
Franklin ▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust
Franklin ▇▇▇▇▇▇▇▇▇ Distributors, Inc.
COVA Financial Life Insurance Company
The participation agreement, dated as of September 1, 2000, by and among Franklin ▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust, Franklin ▇▇▇▇▇▇▇▇▇ Distributors, Inc. and COVA Financial Life Insurance Company (the “Agreement”) is hereby amended as follows:
Schedules A, D and E of the Agreement are hereby deleted in their entirety and replaced with the Schedules A, D and E attached hereto, respectively.
All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.
Effective Date as of September 1, 2000.
| Franklin ▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust |
Franklin ▇▇▇▇▇▇▇▇▇ Distributors, Inc. | |||||
| By: |
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ |
By: |
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ | |||
| Name: |
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ |
Name: |
▇▇▇▇▇▇ ▇▇▇▇▇▇ | |||
| Title: |
Assistant Vice President |
Title: |
Vice President | |||
| COVA Financial Life Insurance Company |
||||||
| By: |
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ |
|||||
| Name: |
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ |
|||||
| Title: |
Vice President |
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Schedule A
The Company
COVA Financial Life Insurance Company
▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Domiciled in California.
Schedule D
Contracts of the Company
| Contract 1 | Contract 2 | Contract 3 | ||||
| Contract/Product Name |
Custom Select Variable Annuity | COVA Variable Annuity (sold through ▇▇▇▇▇▇ ▇. ▇▇▇▇▇) |
COVA SPVL | |||
| Registered (Y/N) |
Yes | Yes | Yes | |||
| SEC Registration Number |
333-34817 | 333-50174 | 333-37559 | |||
| Representative Form Numbers |
XLCC-648 XLCC-833 |
XLCC-648 XLCC-833 |
CC-1075 | |||
| Separate Account Name/Date Established |
COVA Variable Annuity Account Five | COVA Variable Annuity Account Five | COVA Variable Life Account Five | |||
| SEC Registration Number |
811-07060 | 811-07060 | 811-08433 | |||
| Portfolios and Classes – Adviser |
Templeton Developing
▇▇▇▇▇▇▇▇▇ International
Mutual Shares Securities
Franklin Small Cap Fund |
Templeton Global Income
▇▇▇▇▇▇▇▇▇ International
Templeton Growth
Franklin Large Cap Growth
Franklin Small Cap Fund |
Templeton Global Income
▇▇▇▇▇▇▇▇▇ International
Templeton Growth
Franklin Large Cap Growth
Franklin Small Cap Fund | |||
Schedule D cont.
Contracts of the Company
| Contract 4 | Contract 5 | Contract 6 | ||||
| Contract/Product
|
Custom Select Flex VUL | COVA VA Series A | Premier Advisor Variable
| |||
| Registered (Y/N) |
Yes | Yes | Yes | |||
| SEC Registration Number |
333-83183 (Single) 333-83203 (Joint & Last Survivor) |
333-90407 | 333-50174 | |||
| Representative Form Numbers |
CCP00104 (Single) CCP00204 (Joint & Last Survivor) |
CC-4181 | XLCC-648 XLCC-833 | |||
| Separate Account Name/Date Established |
COVA Variable Life Account Five |
COVA Variable Annuity Account Five |
COVA Variable Annuity Account Five | |||
| SEC Registration Number |
811-08433 | 811-07060 | 811-07060 | |||
| Portfolios and Classes – Adviser |
Templeton Developing
▇▇▇▇▇▇▇▇▇ International
Mutual Shares Securities
Franklin Small Cap Fund |
Templeton Global Income
▇▇▇▇▇▇▇▇▇ International Securities Fund
Class 1
Templeton
Growth
Franklin Large Cap Growth
Franklin Small Cap Fund |
Templeton Developing
▇▇▇▇▇▇▇▇▇ International
Templeton Growth
Mutual Shares
Securities
Franklin Small Cap Fund | |||
Schedule D cont.
Contracts of the Company
| Contract 7 | ||||||
| Contract/Product Name |
Navigator Variable Annuity | |||||
| Registered (Y/N) |
Yes | |||||
| SEC Registration Number |
333-34817 | |||||
| Representative Form Numbers |
XLCC-648 XLCC-833 |
|||||
| Separate Account Name/Date Established | COVA Variable Annuity Account Five | |||||
| SEC Registration Number |
811-07060 | |||||
| Portfolios and Classes – Adviser |
Templeton Developing Markets Securities Fund Class 1 (▇▇▇▇▇▇▇▇▇ Asset Management Ltd.)
▇▇▇▇▇▇▇▇▇ International Securities Fund Class 1 (▇▇▇▇▇▇▇▇▇ Investment Counsel, Inc.)
Mutual Shares Securities Fund Class 1 (Franklin Mutual Advisers, LLC)
Franklin Small Cap Fund Class 1 (Franklin Advisers, Inc.) |
|||||
Schedule E
Other Portfolios Available under the Contracts
AIM VARIABLE INSURANCE FUNDS, INC.
AIM VI Capital Appreciation Fund
AIM VI International Equity Fund
AIM VI Value Fund
ALLIANCE VARIABLE PRODUCTS SERIES FUND, INC.
Premier Growth Portfolio
Real Estate Investment Portfolio
COVA SERIES TRUST
Small Cap Stock Portfolio
Large Cap Stock Portfolio
Select Equity Portfolio
International Equity Portfolio
Quality Bond Portfolio
Bond Debenture Portfolio
Large Cap Research Portfolio
Developing Growth Portfolio
Mid Cap Value Portfolio
Lord ▇▇▇▇▇▇ Growth & Income Portfolio
GENERAL AMERICAN CAPITAL COMPANY
Money Market Fund
▇▇▇▇▇▇▇ SACHS VARIABLE INSURANCE TRUST
▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and Income Fund
▇▇▇▇▇▇▇ Sachs International Equity Fund
▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Income Fund
▇▇▇▇▇▇▇ Sachs Internet Tollkeeper Fund
INVESTORS FUND SERIES
▇▇▇▇▇▇ Small Cap Value Portfolio
▇▇▇▇▇▇ Government Securities Portfolio
▇▇▇▇▇▇ Small Cap Growth Portfolio
LIBERTY VARIABLE INVESTMENT TRUST
Newport Tiger, Variable Series
LORD ▇▇▇▇▇▇ SERIES FUND, INC.
Growth and Income Portfolio
MFS VARIABLE INSURANCE TRUST
MFS Emerging Growth Series
MFS Research Series
MFS Growth with Income Series
MFS High Income Series
MFS World Governments Series
MFS/Foreign & Colonial Emerging Markets Equity Series
MFS New Discovery Series
▇▇▇▇▇▇▇▇▇▇▇ VARIABLE ACCOUNT FUNDS
▇▇▇▇▇▇▇▇▇▇▇ High Income Fund
▇▇▇▇▇▇▇▇▇▇▇ Bond Fund
▇▇▇▇▇▇▇▇▇▇▇ Growth Fund
▇▇▇▇▇▇▇▇▇▇▇ Growth & Income Fund
▇▇▇▇▇▇▇▇▇▇▇ Strategic Bond Fund
▇▇▇▇▇▇ VARIABLE TRUST
▇▇▇▇▇▇ VT Growth and Income Fund
▇▇▇▇▇▇ VT International Growth Fund
▇▇▇▇▇▇ VT International New Opportunities Fund
▇▇▇▇▇▇ VT New Value Fund
▇▇▇▇▇▇ VT Vista Fund