0001193125-07-095240 Sample Contracts

Amended and Restated Participation Agreement Franklin/Templeton Distributors, Inc. Transamerica Life Insurance Company
Participation Agreement • April 30th, 2007 • Separate Account Va Y • California

Each Class 2 Portfolio named on Schedule C of this Agreement is eligible to receive a maximum annual payment rate of 0.25% stated as a percentage per year of that Portfolio’s Class 2 average daily net assets, pursuant to the terms and conditions referenced below under its Class 2 Rule 12b-1 Distribution Plan.

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AMENDMENT NO. 8 AND NOVATION TO AMENDED AND RESTATED PRINCIPAL UNDERWRITING AGREEMENT
Principal Underwriting Agreement • April 30th, 2007 • Separate Account Va Y

Amendment dated May 1, 2007 to the Amended and Restated Principal Underwriting Agreement, dated as of May 1, 2002, by and between AFSG Securities Corporation (“AFSG”) and Transamerica Life Insurance Company (“Transamerica”) (the “Agreement”).

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