EX-99.8(E)(V) 5 a21-1686_1ex99d8ev.htm EX-99.8(E)(V)
Exhibit 99.8(e)(v)
 
FIFTH AMENDMENT TO
PARTICIPATION AGREEMENT
 
 
This Fifth Amendment to Participation Agreement (“Amendment”) is entered into by and among Legg Mason Investor Services, LLC (the “Distributor”), Legg Mason Partners Variable Equity Trust and Legg Mason Partners Variable Income Trust (each a “Fund”, collectively the “Funds”), Legg Mason Partners Fund Advisor, LLC (the “Advisor”) and Protective Life Insurance Company (the “Company”), collectively (the “Parties”).
 
WHEREAS, the Parties entered into a Participation Agreement dated November 1, 2009, as amended (the “Agreement”); Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Agreement;
 
WHEREAS, the Parties desire to amend the Agreement to update the funds listed in Schedule B; and
 
WHEREAS, the Parties desire to amend the 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 this Amendment, attached hereto, supersedes and replaces in its entirety the Schedule B of the Agreement.  
 
  1. 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.
 
For the purpose of referring to this Amendment, the date of this Amendment shall be the date of acceptance by Legg Mason Investor Services, LLC.
 
 
Legg Mason Investor Services, LLC
 
 
Protective Life Insurance Company
 
By:
_/s/ Jeremy O’Shea____________
 
By:
__/s/ Steve Cramer___________
Name:
__Jeremy O’Shea______________
 
Name:
__Steve Cramer______________
Title:
__COO US Distribution_________
 
Title: Chief Product Officer-Retirement Division
Date:    __4/1/2021___________________
 
Date:   
___Apr 7, 2021________________
 
 Legg Mason Partners Variable Equity Trust
 
Legg Mason Partners Variable Income Trust
 
By:
__/s/ Jane Trust  _____________
 
By:
_/s/ Jane Trust ___________
Name:
__Jane Trust_________________
 
Name:
_Jane Trust_________________
Title:
__President & CEO___________
 
Title:
_President & CEO____________
Date:    __4/1/2021__________________
 
Date:   __4/1/2021__________________
 
Legg Mason Partners Fund Advisor, LLC
 
By:
___/s/ Jane Trust_____________________
Name:
___Jane Trust________________________
Title:
___President & CEO___________________
Date:   ____4/1/2021________________________
 
SCHEDULE B
 
PORTFOLIOS AVAILABLE UNDER THE CONTRACTS
 
All Funds shall pay 12b-1 fees in the amount as stated in each Fund’s then current prospectus.
 
 
Fund Trust Name
Portfolio Fund Name
Class
CUSIP
Legg Mason Partners Variable Equity Trust
ClearBridge Variable Dividend Strategy Portfolio
II
52467W205
Legg Mason Partners Variable Equity Trust
ClearBridge Variable Large Cap Growth Portfolio
II
52467X864
Legg Mason Partners Variable Equity Trust
ClearBridge Variable Mid Cap Portfolio
I
52467X708
Legg Mason Partners Variable Equity Trust
ClearBridge Variable Mid Cap Portfolio
II
52467X856
Legg Mason Partners Variable Equity Trust
ClearBridge Variable Small Cap Growth Portfolio
I
52467M843
Legg Mason Partners Variable Equity Trust
ClearBridge Variable Small Cap Growth Portfolio
II
52467M819
Legg Mason Partners Variable Equity Trust
QS Legg Mason Dynamic Multi-Strategy VIT Portfolio
I
52467M793
Legg Mason Partners Variable Equity Trust
QS Legg Mason Dynamic Multi-Strategy VIT Portfolio
II
52467M785
Legg Mason Partners Variable Income Trust
Western Asset Core Plus VIT Portfolio
I
52467K771
Legg Mason Partners Variable Income Trust
Western Asset Core Plus VIT Portfolio
II
52467K755