AMENDMENT TO PARTICIPATION AGREEMENT Among PUTNAM VARIABLE TRUST FRANKLIN DISTRIBUTORS, LLC And PRPTECTIVE LIFE AND ANNITY INSURANCE COMPANY

 

Exhibit (h)(11)(iii)

 

AMENDMENT TO PARTICIPATION AGREEMENT

Among

▇▇▇▇▇▇ VARIABLE TRUST

FRANKLIN DISTRIBUTORS, LLC

And

PRPTECTIVE LIFE AND ANNITY INSURANCE COMPANY

 

 

THIS AMENDMENT TO PARTICIPATION AGREEMENT (this “Amendment”) is made as of May 1, 2025, by and among PROTECTIVE LIFE AND ANNUITY INSURANCE COMPANY (the “Company”), acting herein for and on behalf of itself and on behalf of each separate account set forth in Schedule A to the Participation Agreement between the parties (the “Accounts”); ▇▇▇▇▇▇ VARIABLE TRUST (the “Trust”), and FRANKLIN DISTRIBUTORS, LLC (a successor in interest to ▇▇▇▇▇▇ RETAIL MANAGEMENT LIMITED PARTNERSHIP) (the “Underwriter”), collectively (the “Parties”).

 

WHEREAS, the Company, Trust, and Underwriter are parties to a certain Participation Agreement dated November 9, 2020 (the “Agreement”);

 

WHEREAS, the Parties desire to amend the Agreement to update the separate accounts listed in Schedule A; and,

 

WHEREAS, the Parties now desire to modify the Agreement as provided herein.

 

NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and conditions set forth herein, and for other good and valuable consideration, the Parties agree to amend the Agreement as follows:

 

1. Schedule A. Schedule A to the Agreement is hereby deleted in its entirety and replaced with Schedule A as attached hereto.

 

2. Counterparts. This Amendment may be executed in two or more counterparts, each of which shall be an original and all of which together shall constitute one and the same instrument.

 

3. Full Force and Effect. Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.

 

 

IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first above written.

 

PROTECTIVE LIFE AND ANNUITY INSURANCE
COMPANY, on behalf of itself and each Separate Account
By:	/s/ ▇▇▇▇▇ ▇▇▇▇▇▇
Name:	▇▇▇▇▇ ▇▇▇▇▇▇
Title:	Chief Product Officer - Retirement Division
▇▇▇▇▇▇ VARIABLE TRUST
By:	/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Name:	▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title:	Treasurer of the ▇▇▇▇▇▇ Funds
FRANKLIN DISTRIBUTORS, LLC
By:	/s/ ▇▇▇▇▇▇ ▇▇▇▇▇
Name:	▇▇▇▇▇▇ ▇▇▇▇▇
Title:	Head of Business Administration

 

 

SCHEDULE A

 

SEPARATE ACCOUNTS

 

Name of Separate Account	Contracts Funded by Separate Account
Protective NY COLI VUL Separate Account	Protective Executive Benefits Registered VUL NY
Protective NY COLI PPVUL Separate Account	Protective Executive Benefits Private Placement VUL NY
Variable Annuity Account A of Protective Life	Protective Investors Benefit Advisory Variable Annuity NY
Protective NY Variable Life Separate Account	Protective Strategic Objectives VUL II NY