EX-99.H 45 hxliii-lazardamendment1.htm (HXLIII) LAZARD PARTICIPATION AGREEMENT AMENDMENT 1 Exhibit

Exhibit (h)(xliii)
Amendment No. 1

Amendment No. I to the Fund Participation Agreement ("Agreement") between The Prudential Insurance Company of America ("Insurance Company''), Lazard Asset Management Securities LLC ("LAM") and Lazard Retirement Series, Inc. (the "Fund") dated July 1, 1997.

WHEREAS, the parties have ent1ered into the Agreement regarding the Fund portfolios or portfolios set forth on Schedule I of the Agreement; and

WHEREAS, the parties desire to amend the Agreement in accordance with the provisions of Article XI thereof.

NOW, THEREFORE, in consideration of the above premises, the parties hereby agree as follows:

1.
Section 1.5 shall be deleted in its entirety and hereby replaced with the following:

"Contract" shall mean variable insurance contracts set forth in Schedule 1 that use the Fund as an underlying investment option. Individuals who participate under a group Contract are "Participants".

2.
Section 1.10 shall be deleted in its entirety and hereby replaced with the following:

"Separate Account" shall mean a separate account established by the Insurance Company, as set forth in Schedule 1, in accordance with the State Laws of New Jersey.

3.
Section 12.1 is deleted in its entirety and hereby replaced with the following:

Each notice required by this Agreement shall be given by certified mail, return receipt requested, or by facsimile to be followed up by regular or overnight mail to the appropriate Parties at the following addresses:

Insurer:
The Prudential Insurance Company of America 80 Livingston Avenue, Bldg. ROS 3
Roseland, New Jersey 07068
Attention: Yvonne S. Provost, Vice President
Facsimile: (973) 548-5844
Michael Scharpf, Vice President, Corporate Counsel
Facsimile: (973) 548-6575

Fund:    Lazard Retirement Series, Inc.
30 Rockefeller Plaza
New York, New York 10112
Facsimile: 212-332-5785
Attention: Charles Burgdorf




 
LAM:
 
Lazard Asset Management Securities LLC
 
 
 
30 Rockefeller Plaza
 
 
 
New York, New York 10112
 
 
 
Facsimile: 212-332-1703
 
 
 
Attention: Nathan A. Paul, Esq.
 
 
 
 
 
with copies to:
 
Stroock & Stroock & Lavan LLP
 
 
 
180 Maiden Lane
 
 
 
New York, New York 10038-4982
 
 
 
Facsimile: 212-802-9049
 
 
 
Attention: Stuart H. Coleman, Esq.
 
 
 
 
 
Notices shall be deemed to be given on the date of receipt by the addresses as evidenced by the return receipt or facsimile, whichever is earlier.


IN WITNESS WHEREOF, the parties have caused their duly authorized officers to execute this Amendment No. 1 as of the date of the first above written.

 
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
 
 
 
By: /s/ Yvonne S. Provost______________
 
Name:_Yvonne S. Provost______________
 
Title:__Vice President__________________
 
 
 
LAZARD RETIREMENT SERIES, INC.
 
 
 
By: /s/ Charles L. Carroll                                    
 
Name: Charles L. Carroll                                     
 
Title: President and Director
 
 
 
LAZARD ASSET MANAGEMENT SECURITIES LLC
 
 
 
By: /s/ Charles L. Carroll                                    
 
Name: Charles L. Carroll                                     
 
Title: Deputy Chairman





SCHEDULE l


The Funds



Fund Name
Class
Symbol
CUSIP
Lazard Retirement Small Cap Portfolio*
Service
N/A
521071803
Lazard Retirement U.S. Strategic EQuitv Portfolio
Service
N/A
521071308
Lazard Retirement Emerging Markets Portfolio
Service
N/A
521071209
Lazard Retirement International Eauitv Portfolio
Service
N/A
521071506

* As of June 1, 2009, this portfolio will be known as the Lazard Retirement U.S. Small Mid Cap Portfolio.

This agreement may also cover any additional Portfolios that the Lazard Retirement Series may offer in the future.

Separate Accounts and Contracts

Separate Accounts of the Company Registered Under the 1940 Act as Unit Investment Trusts

The following separate accounts of the Company are subject to the Agreement:


Name of Account
Date Established by Board of Directors of the Company
SEC 1940 Act
Registration Number
Type of Product Supported by Account
Prudential Variable
Contract Account GI-2 (VCA-GI-2)

June 24, 1988

811-07545

Variable Life Insurance

Group Variable Life Insurance Policies Registered Under the Securities Act of 1933

The following Contracts are subject to the Agreement:





Name of Contract

Available Funds
1933 Act
Registration Number
Type of Product Supported by Account
Group Variable Universal Life

See above

333-01031

Variable Life Insurance
PruBenefit Select

See above

333-137572

Variable Life Insurance