AMENDMENT TO PRINCIPAL UNDERWRITING AGREEMENT
WHEREAS, as of this 6th day of December, 1996, Ameritas Investment Corp.,
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(hereinafter the "Underwriter") and Ameritas Variable Life Insurance Company
(hereinafter the "Insurance Company"), did on October 23, 1996, enter into a
Principal Underwriting Agreement, a copy to which this Amendment is attached;
WHEREAS, the parties now wish to amend that Principal Underwriting
Agreement in the respect as hereinafter set out.
NOW, THEREFORE, in consideration, mutual promises of each of the parties
hereto and other good and valuable consideration, it is hereby agreed by and
between the parties as follows:
1. That beginning January 1, 1997, and on the first day of each and every
month thereafter, during the entire year of 1997, unless sooner terminated by
mutual agreement of the parties, Insurance Company agrees to pay to Underwriter
the sum of $10,000.00 in addition to any other sums required to be paid under
the Principal Underwriting Agreement heretofore executed; which said payment
shall be as additional compensation to Underwriter for performing duties under
the Principal Underwriting Agreement.
2. Save and except for said Amendment, all of the terms and conditions of
said Principal Underwriting Agreement shall remain in full force and effect as
fully as though set out herein verbatim except as otherwise specifically amended
herein.
IN WITNESS WHEREOF, the parties hereto have cause this Agreement to be
signed, and seals to be affixed, as of the day and year first above written.
AMERITAS INVESTMENT CORP.
Attest:
/s/ ▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇,
President & Chief Executive Officer
AMERITAS VARIABLE LIFE INSURANCE COMPANY
Attest:
/s/ ▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------- ---------------------------------------
▇▇▇▇▇▇▇ ▇. Louis
Executive Vice President
v:1awnorth\judge\principa.amd