EX-99.(H)11(R) 3 ex99janusamendtoadminsrvcs.htm JANUS AMEND TO ADMIN SRVCS LTR AGMT 101519 Exhibit


AMENDMENT TO
ADMINISTRATIVE SERVICES LETTER AGREEMENT
(Service Shares)


This Amendment ("Amendment") to the Administrative Services Letter Agreement by and among Janus Capital Management LLC (the "Adviser"), Principal Life Insurance Company ("PLIC") and Principal National Life Insurance Company ("PNLIC") (PUC and PNLJC, collectively, the "Company") ls entered into as of October 15, 2019.

RECITALS
WHEREAS , the Adviser and the Company are currently parties to the Administrative Services Letter Agreement dated May 6, 2008 (the "Agreement"), as amended: and

WHEREAS. the parties wish to amend Schedule A to the Agreement as set forth below.

AMENDMENT
NOW THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged. the parties agree to amend the Agreement as follows:

1.
Schedule A to the Agreement shall be deleted in its entirety and replaced with the amended Schedule A attached hereto.

2.    The Agreement, as supplemented by this Amendment. is ratified and confirmed.

3.
This Amendment may be executed in two or more counterparts which together shall constitute one instrument.







IN WITNESS WHEREOF. the parties have caused their duly authorized officers to execute this Amendment as of the date and year first above written.

JANUS CAPITAL MANAGEMENT LLC
 
PRINCIPAL LIFE INSURANCE COMPANY
 
 
 
By: /s/ Russell P. Shipman
 
By: /s/ Todd A. Jones
Name: Russell P. Shipman
 
Name: Todd A. Jones
title: Sr. Vice President
 
Title: Assistant Director - Product Management
 
 
 
 
 
PRINCIPAL NATIONAL LIFE INSURANCE
 
 
COMPANY
 
 
 
 
 
By: /s/ Todd A. Jones
 
 
Name: Todd A. Jones
 
 
Title: Assistant Director - Product Management








Schedule A

Participation Agreement
Account
Contracts
Service Fee
Participation Agreement dated as of August 28, 2000, between theCompany and the Trust
Principal Life Insurance Company- Variable Life Separate Account
Principal Benefit Variable Universal Life
Principal Benefit Variable Universal
Life II
Principal Executive Variable Universal Life
Principal Executive Variable Universal
Life II
Principal Flexible Variable Life
Principal Survivorship Flexible Premium Variable Universal Life
Principal Variable Universal Life Accumulator
Principal Variable Universal Life Income II
PrinFlex Life®
0.10% of the average monthly value of the Shares of the Portfolios held in contracts
Participation Agreement dated as of August 28, 2000, between the Company and the Trust
Principal Life Insurance Company Separate Account B

The Principal® Variable Annuity
0.10% of the average monthly value of the Shares of the Portfolios held in contracts
Participation Agreement dated as of August 28, 2000, between the Company and the Trust (via amendments dated as of November 1, 2011 and October 15, 2019)
Principal National Life Insurance Company Variable Life Separate Account

Principal Life Insurance Company Variable Life Separate Account
Principal Variable Universal Life Income Ill
Principal Variable Universal Life Income IV
Principal Executive Variable Universal Life Ill
0.10% of the average monthly value of the Shares of the Portfolios held in contracts