EXHIBIT 1.A.(9)(a)(1)
EXHIBIT 1.A.(9)(a)(1)
AMENDMENT I
TO THE PARTICIPATION/DISTRIBUTION AGREEMENT
DATED DECEMBER , 1995
AMONG PROTECTIVE LIFE INSURANCE COMPANY, PROTECTIVE
INVESTMENT COMPANY AND INVESTMENT DISTRIBUTORS, INC.
WHEREAS, Protective Life Insurance Company ("Protective Life") for itself
and on behalf of the Protective Variable Life Separate Account (the "Account"),
Protective Investment Company (the "Company") and Investment Distributors, Inc.
("IDI") have entered into a Participation/Distribution Agreement, dated December
, 1995, (the "Agreement"), providing for, amongst other things, the use of the
Account in connection with certain individual flexible premium variable and
fixed life insurance policies ("Flexible Premium Policies") to be offered by
Protective Life;
WHEREAS, Protective Life proposes to offer to the public certain modified
single premium variable and fixed life insurance policies ("Single Premium
Policies") and, in connection with such Single Premium Policies desires to offer
certain sub-accounts of the Account for investment relating to the various
investment portfolios offered by the Company;
WHEREAS, Protective Life desires to have the Single Premium Policies funded
through the Account and underwritten and distributed by IDI pursuant to the
terms of the Agreement;
NOW THEREFORE, in consideration of the foregoing, Protective Life, the
Account, IDI and the Company hereby agree as follows:
That the first WHEREAS clause of the Agreement be replaced in its entirety
with the following language:
WHEREAS, the Account has been established by Protective Life pursuant to the
Tennessee Insurance Code in connection with certain individual flexible premium
variable and fixed life insurance policies and modified single premium variable
and fixed life insurance policies (collectively, the "Policies") proposed to be
issued to the public by Protective Life; and
IN WITNESS WHEREOF, the parties hereto have caused the Amendment to the
Agreement to be duly executed and attested effective June 1, 1998.
PROTECTIVE LIFE INSURANCE COMPANY
ON BEHALF OF ITSELF AND PROTECTIVE
VARIABLE LIFE SEPARATE ACCOUNT
Attest:
/s/ XXXXX AMBERSON__ By: /s/ XXXXXX XXXXXXX BRIGGS___________________________
PROTECTIVE INVESTMENT COMPANY
Attest:
/s/ XXXXX AMBERSON__ By: /s/ XXXXXXX X. BIELEN_______________________________
INVESTMENT DISTRIBUTORS, INC.
Attest:
/s/ XXXXX AMBERSON__ By: /s/ XXXXXX XXXXXXX BRIGGS___________________________
28268
