EX-99.26(H)I.C.1. 2 a19-6022_33ex99d26hidcd1d.htm BLACKROCK FUNDS-FIRST AMENDMENT EFF. 09/17/2018 TO THE PARTICIPATION AGREEMENT

Exhibit 26(h)i.c)1)

 

First Amendment to SL-18 Fund Participation Agreement

 

Massachusetts Mutual Life Insurance Company (the “Company”) has entered into a certain SL-18 Fund Participation Agreement dated as of February 1, 2017 (the “Agreement”) with BlackRock Investments, LLC and BlackRock Variable Series Funds, Inc. (“BVSF”) relating to certain series of BVSF (the “Portfolios”) pursuant to which the Company engages in purchase, redemption and related transactions in the Portfolios on behalf of certain separate accounts of the Company.

 

WHEREAS, in connection with a reconfiguration of the boards of directors/trustees of certain BlackRock-advised funds, effective September 17, 2018 (the “Closing), three Portfolios of BVSF, BlackRock High Yield V.I. Fund, BlackRock Total Return V.I. Fund and BlackRock U.S. Government Bond V.I. Fund, reorganized into a newly-created series of a newly-organized Maryland corporation, BlackRock Variable Series Funds II, Inc. (“BVSF II”).

 

WHEREAS, effective on or about October 29, 2018, the Portfolios of BVSF: BlackRock Small Cap Index V.I. Fund and BlackRock International Index Fund (the “New Portfolios”) will be made available for purchases by certain separate accounts;

 

WHEREAS, the Company desires to make the New Portfolios available for purchase, redemption, and related transactions of behalf of certain separate accounts of the Company;

 

NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, and intending to be legally bound, the Agreement is amended as follows:

 

1.              As of the Closing, all references to the “Fund” shall include BVSF II, and BVSF II shall become a party to the Agreement, bound by its terms in all respects to the same extent as BVSF,

 

2.              As of the Closing, Schedule A to the Agreement is hereby deleted in its entirety and replaced with Schedule A attached hereto,

 

3.              Schedule B to the Agreement is hereby deleted in its entirety and replaced with Schedule B attached hereto; and

 

4.              All references to “SL-18” in the Agreement are hereby deleted.

 

 

*************

 

The Company agrees that to the extent it accepts fees or executes transactions pursuant to the Agreement after the Closing, the Company will be deemed to have agreed to the terms of this Amendment. To the extent that provisions of the Agreement and this Amendment are in conflict, the terms of this Amendment shall control. Terms used but not defined herein shall have the meanings ascribed to them in the Agreement. Except to the extent amended by this Amendment, the Agreement shall remain unchanged and in full force and effect, and is hereby ratified and confirmed in all respects as amended hereby.

 

Agreed and Accepted:

 

 

Firm Name:

Massachusetts Mutual Life Insurance Company

 

Firm Name:

BlackRock Investments, LLC

Signature:

/s/ Tina M. Wilson

 

Signature:

/s/Jonathen Mero

Name:

Tina M. Wilson

 

Name:

Jonathen Mero

Title:

Senior Vice President

 

Title:

Director

Dated:

12/11, 2018

 

Dated:

January 28, 2019

 

 

 

 

 

Firm Name:

BlackRock Variable Series Funds, Inc.

 

Firm Name:

BlackRock Variable Series Funds II, Inc.

Signature:

/s/ Charles Park

 

Signature:

/s/ Charles Park

Name:

Charles Park

 

Name:

Charles Park

Title:

Chief Compliance Officer

 

Title:

Chief Compliance Officer

Dated:

January 24, 2019

 

Dated:

January 24, 2019

 

2

 

Schedule A

 

Separate Accounts of Massachusetts Mutual Life Insurance Company participating in Portfolios of BlackRock Variable Series Funds, Inc. and/or BlackRock Variable Series Funds II, Inc.

 

3

 

Schedule B

 

Portfolios and Classes of BlackRock Variable Series Funds, Inc. and BlackRock Variable Series Funds II, Inc. now or in the future offered to Separate Accounts of Massachusetts Mutual Life Insurance Company, including, but not limited to:

 

BlackRock Variable Series Funds, Inc.

 

Fund Name

 

Class

 

CUSIP

 

Ticker

Equity Funds

 

 

 

 

 

 

BlackRock Advantage Large Cap Core V.I. Fund

 

I

 

09253L611

 

LGCCI

BlackRock Advantage Large Cap Core V.I. Fund

 

II

 

09253L595

 

LGCII

BlackRock Advantage Large Cap Core V.I. Fund

 

III

 

09253L587

 

LCIII

BlackRock Advantage Large Cap Value V.I. Fund

 

I

 

09253L546

 

LCATT

BlackRock Advantage Large Cap Value V.I. Fund

 

II

 

09253L538

 

LCBTT

BlackRock Advantage Large Cap Value V.I. Fund

 

III

 

09253L520

 

LVIII

BlackRock Advantage U.S. Total Market V.I. Fund

 

I

 

09253L470

 

SMCPI

BlackRock Advantage U.S. Total Market V.I. Fund

 

II

 

09253L462

 

SMCII

BlackRock Advantage U.S. Total Market V.I. Fund

 

III

 

09253L454

 

SCIII

BlackRock Basic Value V.I. Fund

 

I

 

09253L405

 

BAVLI

BlackRock Basic Value V.I. Fund

 

II

 

09253L504

 

BAVII

BlackRock Basic Value V.I. Fund

 

III

 

09253L603

 

BVIII

BlackRock Capital Appreciation V.I. Fund

 

I

 

09253L843

 

FDGRI

BlackRock Capital Appreciation V.I. Fund

 

III

 

09253L827

 

FGIII

BlackRock Equity Dividend V.I. Fund

 

I

 

09253L512

 

UTTLI

BlackRock Equity Dividend V.I. Fund

 

III

 

09253L488

 

UTIII

BlackRock Global Allocation V.I. Fund

 

I

 

09253L777

 

GLALI

BlackRock Global Allocation V.I. Fund

 

II

 

09253L769

 

GLAII

BlackRock Global Allocation V.I. Fund

 

III

 

09253L751

 

GAIII

BlackRock International V.I. Fund

 

I

 

09253L645

 

IVVVI

BlackRock iShares Dynamic Allocation V.I. Fund

 

I

 

09253L371

 

BVDAX

BlackRock iShares Dynamic Allocation V.I. Fund

 

III

 

09253L363

 

BDAVX

BlackRock Large Cap Focus Growth V.I. Fund

 

I

 

09253L579

 

LGGGI

BlackRock Large Cap Focus Growth V.I. Fund

 

III

 

09253L553

 

LGIII

 

4

 

BlackRock Managed Volatility V.I. Fund

 

I

 

09253L108

 

AMBLI

BlackRock Managed Volatility V.I. Fund

 

III

 

09253L306

 

ABIII

 

Fund Name

 

Class

 

CUSIP

 

Ticker

Index Funds

 

 

 

 

 

 

BlackRock International Index V.I. Fund

 

I

 

09253L355

 

BIIVX

BlackRock S&P 500 Index V.I. Fund

 

I

 

09253L678

 

IDXVI

BlackRock S&P 500 Index V.I. Fund

 

II

 

09253L660

 

IXVII

BlackRock S&P 500 Index V.I. Fund

 

III

 

09253L652

 

IVIII

BlackRock Small Cap Index V.I. Fund

 

I

 

09253L348

 

BSIVX

 

Fund Name

 

Class

 

CUSIP

 

Ticker

Money Market Fund*

 

 

 

 

 

 

BlackRock Government Money Market V.I. Fund

 

I

 

09253L876

 

DMMKI

 

* No fees shall be paid for the Money Market Fund.

 

BlackRock Variable Series Funds II, Inc.

 

Fund Name

 

Class

 

CUSIP

 

Ticker

Fixed Income Funds

 

 

 

 

 

 

BlackRock High Yield V.I. Fund

 

I

 

09258X107

 

HICUI

BlackRock High Yield V.I. Fund

 

III

 

09258X206

 

HCIII

BlackRock Total Return V.I. Fund

 

I

 

09258X305

 

CRBDI

BlackRock Total Return V.I. Fund

 

III

 

09258X404

 

CBIII

BlackRock U.S. Government Bond V.I. Fund

 

I

 

09258X503

 

GVBDI

BlackRock U.S. Government Bond V.I. Fund

 

III

 

09258X602

 

GBIII

 

5