EX-99.8.BBB 5 w28422exv99w8wbbb.txt EX-8(BBB) EXHIBIT (8)(bbb) AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT BETWEEN EATON VANCE MUTUAL FUNDS TRUST, EATON VANCE DISTRIBUTORS, INC. AND MERRILL LYNCH LIFE INSURANCE COMPANY THIS AMENDMENT, effective as of May 1, 2007, by and among Eaton Vance Mutual Funds Trust, a Massachusetts business trust, (the "Trust") and Eaton Vance Distributors, Inc., a Massachusetts company (the "Underwriter") and Merrill Lynch Life Insurance Company, an Arkansas life insurance company (the "Company"); WITNESSETH: WHEREAS, the Trust, the Underwriter and the Company heretofore entered into a Participation Agreement dated March 1, 2005, (the "Agreement"), with regard to separate accounts established for variable life insurance and/or variable annuity contracts offered by the Company; and WHEREAS, the Trust, the Underwriter, and the Company desire to amend Schedule B to the Agreement in accordance with the terms of the Agreement. NOW, THEREFORE, in consideration of the above premises, the Trust, the Underwriter and the Company hereby agree: 1. Amendment. (a) Schedule B to the Agreement is amended in its entirety and is replaced by the Schedule B attached hereto; (b) Article X Notices of the Agreement is hereby amended as follows: If to the Company: Barry G. Skolnick, Esquire Senior Vice President & General Counsel 1700 Merrill Lynch Drive, 3rd Floor Pennington, New Jersey 08534 2. Effectiveness. This amended Agreement shall be effective as of the date first above written. 3. Continuation. Except as set forth above, the Agreement shall remain in full force and effective in accordance with its terms. 4. Counterparts. This Amendment may be executed in one or more counterparts, each of which shall be deemed to be an original. (Signatures located on following page) IN WITNESS WHEREOF, the Trust, the Underwriter and the Company have caused the Amendment to be executed by their duly authorized officers effective as of the day and year first above written. EATON VANCE MUTUAL MERRILL LYNCH LIFE INSURANCE COMPANY FUNDS TRUST By: ___________________________ By: ____________________________ Name: ________________________ Name: Kirsty Lieberman Title: ________________________ Title: Vice President & Senior Counsel Date: ________________________ Date: __________________________ EATON VANCE DISTRIBUTORS, INC. By: ___________________________ Name: ________________________ Title: ________________________ Date: _________________________ Schedule B FUNDS AVAILABLE UNDER THE CONTRACTS Eaton Vance Floating-Rate Fund -- Class A Shares Eaton Vance Large Cap Value Fund -- Class A Shares SEPARATE ACCOUNTS UTILIZING THE FUNDS Merrill Lynch Life Variable Annuity Separate Account D CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS Merrill Lynch Investor Choice(SM) Annuity -- IRA Series As of May 1, 2007