EX-99.(H)(7)(V) 3 tm2526366d1_ex99-xhx7xv.htm EXHIBIT 99.(H)(7)(V)

 

Exhibit (h)(7)(v)

 

SIXTH AMENDMENT TO PARTICIPATION AGREEMENT

 

THIS SIXTH AMENDMENT TO PARTICIPATION AGREEMENT (the “Amendment”) is made as of May 1, 2025, by and among PROTECTIVE LIFE AND ANNUITY INSURANCE COMPANY, a life insurance company organized under the laws of the State of Alabama (the ”Company”), acting herein for and on behalf of the Company and on behalf of each separate account set forth on attached Schedule A, as the same may be amended from time to time (the “Accounts”); 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 “Adviser”); and FRANKLIN DISTRIBUTORS, LLC (formerly LEGG MASON INVESTOR SERVICES, LLC) (the “Distributor”), collectively (the “Parties”).

 

WHEREAS, the Parties entered into a Participation Agreement dated November 1, 2009, as amended (the “Agreement”);

 

WHEREAS, the Parties desire to amend the Agreement to update the separate accounts listed in Schedule A; and

 

WHEREAS, the Parties now desire to further modify the Agreement as provided herein.

 

NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and conditions set forth herein, and for other good and valuable consideration, the Parties agree

to amend the Agreement as follows:

 

1. Schedule A. Schedule A to the Agreement is hereby deleted in its entirety and replaced with Schedule A attached hereto.

 

2. Counterparts. This Amendment may be executed in two or more counterparts, each of which shall be an original and all of which together shall constitute one instrument.

 

3. Full Force and Effect. Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.

 

[Remainder of Page Intentionally Left Blank]

 

 

 

 

IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date written above.

 

PROTECTIVE LIFE AND ANNUITY INSURANCE COMPANY  
On its behalf and each Separate Account named in Schedule A  
   
By: /s/ Steve Cramer  
Name: Steve Cramer  
Title: Chief Product Officer – Retirement Division  
   
LEGG MASON PARTNERS VARIABLE EQUITY TRUST  
   
By: /s/ Jane Trust  
Name: Jane Trust  
Title: President & CEO  
   
LEGG MASON PARTNERS VARIABLE INCOME TRUST  
   
By: /s/ Jane Trust  
Name: Jane Trust  
Title: President & CEO  
   
LEGG MASON PARTNERS FUND ADVISOR, LLC  
   
By: /s/ Thomas Mandia  
Name: Thomas Mandia  
Title: Secretary  
   
FRANKLIN DISTRIBUTORS, LLC  
   
By: /s/ Robert Smith  
Name: Robert Smith  
Title: Head of Business Administration  

 

 

 

 

Schedule A

 

Separate Accounts and Products

 

Separate Accounts (“Accounts”)

 

Variable Annuity Account A of Protective Life

PLAIC Variable Annuity Account S

Protective NY Variable Life Separate Account

Protective NY COLI VUL Separate Account

Protective NY COLI PPVUL Separate Account

 

Products

 

All Contracts for which the Accounts of Protective Life and Annuity Insurance Company Accounts are established.