EX-99.(8)(V) 2 dex998v.htm AMENDMENT TO PARTICIPATION AGREEMENT BY AND AMONG LEGG MASON & TC LIFE INSUR CO. Amendment to Participation Agreement by and among Legg Mason & TC Life Insur Co.

Exhibit (8)(V)

FIRST AMENDMENT TO

PARTICIPATION AGREEMENT

This First Amendment to Participation Agreement (“Amendment”) is entered into as of April 28, 2007 by and among Legg Mason Investor Services, LLC, (the “Distributor”), Legg Mason Partners Variable Equity Trust and TIAA-CREF Life Insurance Company, (the “Company” or “You”).

WHEREAS, the parties desire to amend the agreement to reflect the name change of the Trust Entities and the Fund names;

WHEREAS, the parties entered into a Participation Agreement dated February, 2006, (the “Agreement”);

WHEREAS, the parties desire to amend Schedule B to the Participation Agreement;

NOW, THEREFORE, in consideration of these premises and the terms and conditions set forth herein, the parties agree as follows:

1. Schedule B of the Agreement shall be deleted in its entirety and replaced with Schedule B attached hereto.

2. Other Terms.

Other than the foregoing, all other terms and conditions of the Agreement shall remain unchanged and in full force and effect and are ratified and confirmed in all respects by the parties to this Amendment.

IN WITNESS WHEREOF, You and Distributor have caused this Amendment to be executed and delivered as of the date first above written.

 

Legg Mason Investor Services, LLC     TIAA-CREF Life Insurance Company
By:   /s/ Joel Sauber     By:   /s/ Gregory E. Smith
Name:   Joel Sauber     Name:   Gregory E. Smith
Title:   Managing Director     Title:   Vice President
Date:   4/10/2007     Date:   3/7/2007
Legg Mason Partners Variable Equity Trust    
By:   /s/ R J Gerken      
Name:        
Title:        
Date:        

 

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SCHEDULE B

PORTFOLIOS AVAILABLE UNDER THE CONTRACTS

 

Old Trust Name

  

Old Fund Name

  

New Trust Name

  

New Fund Name

   Cusip/Class

Greenwich Street

Series Fund

   Salomon Brothers Aggressive Growth   

Legg Mason

Partners Variable Equity Trust

  

Legg Mason

Partners Variable Aggressive Growth Portfolio*

   52467X203

Class I

 

* Surviving fund into which old fund merged.

 

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