EX-99.H.1.A.3 2 dex99h1a3.htm AMENDMENT NO. 2 DTD OCT. 13, 2006 TO PARTICIPATION AGREEMENT Amendment No. 2 dtd Oct. 13, 2006 to Participation Agreement

Exhibit (h)1(a)(3)

AMENDMENT NO. 2

TO

PARTICIPATION AGREEMENT

This Amendment No. 2 (the “Amendment”) is made this 13th day of October, 2006 to the Participation Agreement (the “Agreement”), dated March 16, 1999, as amended by Amendment No. 1, dated August 7, 2000, by and among The Northwestern Mutual Life Insurance Company (the “Company”), Russell Investment Funds, formerly known as “Russell Insurance Funds,” (the “Investment Company”), and Russell Fund Distributors, Inc. (the “Underwriter”).

WHEREAS, the parties wish to amend the Agreement to include additional variable annuity contracts issued by the Company; and

WHEREAS, the parties wish to amend the Agreement to include additional variable life insurance polices issued by the Company out of a new separate account created by the Company;

NOW, THEREFORE, in consideration of the premises and of the mutual covenants herein contained and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto hereby agree as follows:

1. Schedule A of the Agreement is hereby amended and restated in its entirety to read as follows:

“SCHEDULE A

ACCOUNTS

 

Name of Account

  

Date of Resolution of

Company’s Board that

Established the Account

NML Variable Annuity Account A    February 14, 1968
NML Variable Annuity Account B    February 14, 1968
NML Variable Annuity Account C    July 22, 1970
Northwestern Mutual Variable Life Account    November 23, 1983
Northwestern Mutual Variable Life Account II    March 22, 2006”

2. Section 1 of Schedule B of the Agreement is hereby amended and restated in its entirety to read as follows:

“SCHEDULE B

CONTRACTS

Contract Form Numbers:


Variable Life:

  

TT.CVUL (0107)

   TT Series Custom Variable Universal Life

TT.EVUL (0107)

   TT Series Executive Variable Universal Life

TT.SVUL (0107)

   TT Series Survivorship Variable Universal Life

RR.VJL.(1298)

   RR Series Variable Joint Life

RR.VEL.(0398)

   RR Series Variable Executive Life

QQ.VCL

   QQ Series Variable CompLife

MM 15

   MM Series Variable Whole Life

MM 16

   MM Series Variable Single Premium Life

MM 17

   MM Series Variable Extraordinary Life

Individual Variable Annuity:

  

RR.V.C.NE.(1106)

   RR Series Network Edition

RR.V.A.FB.(1106)

   RR Series VA

RR.V.A.BK.(0805)

   RR Series VA

RR.V.A.FR.(0805)

   RR Series VA

RR.V.B.BK.(0805)

   RR Series VA

RR.V.B.FR.(0805)

   RR Series VA

RR.V.B.MSNST.(0805)

   RR Series VA

RR.V.A.BK.(0704)

   RR Series VA

RR.V.A.FR.(0704)

   RR Series VA

RR.V.B.BK.(0704)

   RR Series VA

RR.V.B.FR.(0704)

   RR Series VA

RR.V.B.MSNST.(0704)

   RR Series VA

RR.V.A.BK.(0803)

   RR Series VA

RR.V.A.FR.(0803)

   RR Series VA

RR.V.B.BK.(0803)

   RR Series VA

RR.V.B.FR.(0803)

   RR Series VA

RR.V.B.MSNST.(0803)

   RR Series VA

RR.V.B.BK.(032000)

   RR Series VA

RR.V.A.BK.(032000)

   RR Series VA

RR.V.B.FR.(032000)

   RR Series VA

RR.V.A.FR.(032000)

   RR Series VA

RR.V.B.MSNST.(032000)

   RR Series VA

QQV.ACCT.A; QQV.ACCT.B

   QQ Series VAs

MM V lA; MM V 1B; MM V 1

   MM Series VAs

LL V lA; LL V 1B; LL V 1

   LL Series VAs

KK V 1A; KK V 1B; KK V 1

   KK Series VAs

JJ V1A; JJ V 1B

   JJ Series VAs

Group Variable Annuity:

  

NPV.1C

   NN Series GPA

MP V 1 C

   MM Series GPA

LL V 1C

   LL Series GPA

KK V 1C

   KK Series GPA

JJ V 1C

   JJ Series GPA”


IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed in its name and on its behalf by its duly authorized representative and its seal to be hereunder affixed hereto as of the date first set forth above.

 

ATTEST:

 

THE NORTHWESTERN MUTUAL

LIFE INSURANCE COMPANY

/s/ MICHAEL J. MAZZA

  By:  

/s/ DONALD G. TYLER

Assistant Secretary     Donald G. Tyler
  Title:   Vice President, IPS Products &
    New Business Development
ATTEST:   RUSSELL INVESTMENT FUNDS

/s/ MARY BETH RHODEN

  By:  

/s/ KARL J. EGE

Assistant Secretary   Title:   Secretary and General Counsel
ATTEST:   RUSSELL FUND DISTRIBUTORS, INC.

/s/ MARY BETH RHODEN

  By:  

/s/ GREGORY J. STARK

Assistant Secretary   Title:   President and CEO