EXHIBIT 1.A.(8)(n)
AMENDMENT TO PARTICIPATION AGREEMENT AMONG WRL SERIES FUND, INC.,
PFL LIFE INSURANCE COMPANY, AUSA LIFE INSURANCE COMPANY, INC.,
AND PEOPLES BENEFIT LIFE INSURANCE COMPANY
AMENDMENT NO. 13 TO
PARTICIPATION AGREEMENT
AMONG
WRL SERIES FUND, INC.,
PFL LIFE INSURANCE COMPANY,
AUSA LIFE INSURANCE COMPANY, INC., AND
PEOPLES BENEFIT LIFE INSURANCE COMPANY
Amendment No. 13 to the Participation Agreement among WRL Series Fund,
Inc., (the "Fund"), PFL Life Insurance Company ("PFL"), AUSA Life Insurance
Company, Inc. ("AUSA"), and Peoples Benefit Life Insurance Company ("Peoples")
dated July 1, 1992 ("Participation Agreement").
WHEREAS, Transamerica Occidental Life Insurance Company ("Transamerica"),
an affiliate of PFL, AUSA, and Peoples has registered or will register certain
variable annuity contracts and/or variable life insurance policies (both the
contracts and policies, collectively, "Policies") under the Securities Act of
1933; and
WHEREAS, Transamerica has, by resolution of its Board of Directors, duly
organized and established the Transamerica Occidental Life Separate Account VUL-
3 ("Account VUL-3") as a segregated asset account to receive, set aside and
invest assets attributable to net premiums and payments received under the
Policies; and
WHEREAS, Transamerica has registered the Account VUL-3 as a unit investment
trust under the Investment Company Act of 1940, as amended; and
WHEREAS, to the extent permitted by applicable insurance law and
regulation, Transamerica intends to purchase shares in one or more portfolios of
the Fund to fund the Policies on behalf of Account VUL-3, as specified in
Schedule A, dated May 1, 2000, attached to the Agreement, as such Schedule A is
amended by this Amendment No. 13 and as Schedule A may be amended from time to
time; and
WHEREAS, the Fund intends to sell shares of the Portfolio(s) to Account
VUL-3 at net asset value; and
WHEREAS, each of the current parties is desirous of adding Transamerica as
a party, subject to the same terms and conditions, to the Agreement, and
WHEREAS, the Fund, effective May 1, 2000, will add three new
portfolios consisting of the WRL Great Companies - America/sm/, WRL Great
Companies - Technology/sm/, and WRL Value Line Aggressive Growth.
NOW, THEREFORE, IT IS HEREBY AGREED that Transamerica is authorized to
acquire shares issued by the Fund, subject to the terms and conditions of this
Agreement, and that Schedule A to the Participation Agreement is hereby amended
to add Transamerica Occidental Life Separate Account VUL-3 and to add WRL Great
Companies - America/sm/, WRL Great Companies - Technology/sm/, and WRL Value
Line Aggressive Growth portfolios of the Fund.
IN WITNESS WHEREOF, each of the parties has caused this Amendment to
be executed in its name and on its behalf by its duly authorized representative
as of April 17, 2000.
PFL LIFE INSURANCE COMPANY WRL SERIES FUND, INC.
By its authorized officer By its authorized officer
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: President Title: Vice President, Secretary and
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Counsel
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AUSA LIFE INSURANCE PEOPLES BENEFIT LIFE
COMPANY, INC. INSURANCE COMPANY
By its authorized officer By its authorized officer
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By : /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President Title: Vice President
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TRANSAMERICA OCCIDENTAL LIFE
INSURANCE COMPANY
By its authorized officer
By: /s/ ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-------------------------
▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Assistant Vice President and
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Assistant Secretary
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AMENDED SCHEDULE A
Effective May 1, 2000
Account(s), Policy(ies) and Portfolio(s)
Subject to the Participation Agreement
Accounts: PFL Endeavor Variable Annuity Account
PFL Endeavor Platinum Variable Annuity Account
AUSA Endeavor Variable Annuity Account
Mutual Fund Account
PFL Life Variable Annuity Account A
PFL Life Variable Annuity Account C
PFL Life Variable Annuity Account D
PFL Retirement Builder Variable Annuity Account
AUSA Life Insurance Company, Inc. Separate Account C
Peoples Benefit Life Insurance Company Separate Account V
Legacy Builder Variable Life Separate Account
AUSA Series Life Account
Transamerica Occidental Life Separate Account VUL-3
Policies: PFL Endeavor Variable Annuity
PFL Endeavor Platinum Variable Annuity
AUSA Endeavor Variable Annuity
Atlas Portfolio Builder Variable Annuity
Extra Variable Annuity
Access Variable Annuity
Retirement Income Builder II Variable Annuity
AUSA & Peoples - Advisor's Edge Variable Annuity
Peoples - Advisor's Edge Select Variable Annuity
Legacy Builder II
Legacy Builder Plus
AUSA Financial Freedom Builder
Transamerica Elite
Portfolios: WRL Series Fund, Inc.
WRL Janus Growth
WRL AEGON Bond
WRL ▇.▇. ▇▇▇▇▇▇ Money Market
WRL Janus Global
WRL LKCM Strategic Total Return
WRL VKAM Emerging Growth
WRL ▇▇▇▇▇ Aggressive Growth
WRL AEGON Balanced
AMENDED SCHEDULE A (continued)
WRL Series Fund, Inc.
WRL Federated Growth & Income
WRL C.A.S.E. Growth
WRL NWQ Value Equity
WRL GE International Equity
WRL GE U.S. Equity
WRL ▇.▇. ▇▇▇▇▇▇ Real Estate Securities
WRL ▇. ▇▇▇▇ Price Dividend Growth
WRL ▇. ▇▇▇▇ Price Small Cap
WRL ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth
WRL ▇▇▇▇▇▇▇ Sachs Small Cap
WRL Pilgrim ▇▇▇▇▇▇ Mid Cap Growth
WRL Salomon All Cap
WRL Dreyfus Mid Cap
WRL Third Avenue Value
WRL ▇▇▇▇ Asset Allocation
WRL Great Companies - America/sm/
WRL Great Companies - Technology/sm/
WRL Value Line Aggressive Growth