AMENDMENT TO PARTICIPATION AGREEMENT

THIS AMENDMENT TO PARTICIPATION AGREEMENT (this “Amendment”) is made as of the 21st day of September, 2022, by and among PROTECTIVE LIFE INSURANCE COMPANY, a life insurance company organized under the laws of the State of Tennessee (the “Company”), acting herein for and on behalf of itself and on behalf of each segregated asset account set forth in Schedule A to the Participation Agreement between the parties (the “Separate Accounts”); PUTNAM VARIABLE TRUST (“Trust”), a Massachusetts business trust, and PUTNAM RETAIL MANAGEMENT LIMITED PARTNERSHIP (“Underwriter”, and together with the Trust, “Putnam”), a Massachusetts limited partnership.

   

RECITALS

   

WHEREAS, the Company and Putnam are parties to a certain Participation Agreement dated November 9, 2020 (the “Agreement”);

   

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

   

WHEREAS, the parties now desire to 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:

   

   

   

   

   

   

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

   

PROTECTIVE LIFE INSURANCE COMPANY, on behalf of itself and each Separate Account

  

Title:_Chief Product Officer – Retirement Division_

   

PUTNAM VARIABLE TRUST

   

Title:__Treasurer of the Funds_________________

   

PUTNAM RETAIL MANAGEMENT LIMITED PARTNERSHIP

   

Title:__Head of Relationship Management________

   

   

SCHEDULE A

   

SEPARATE ACCOUNTS