AMENDMENT 5 TO
PARTICIPATION AGREEMENT
Among
▇▇▇▇▇▇ CAPITAL MANAGER TRUST
(now known as ▇▇▇▇▇▇ Variable Trust)
▇▇▇▇▇▇ MUTUAL FUNDS CORP.
and
AMERICAN ENTERPRISE LIFE INSURANCE COMPANY
THIS AMENDMENT 5 TO PARTICIPATION AGREEMENT ("Amendment 5") is made and entered
into this 16h day of July, 1999 by and among ▇▇▇▇▇▇ Variable Trust (formerly
▇▇▇▇▇▇ Capital Manager Trust) (the "Fund"); ▇▇▇▇▇▇ Mutual Funds Corp. (the
"Distributor"); and American Enterprise Life Insurance Company (the "Company").
WHEREAS, the Company, the Fund and the Distributor are parties to the
Participation Agreement dated January 16, 1995, as amended April 30, 1997,
October 30, 1997, August 21, 1998 and June 15, 1999 (the "Agreement"); and
WHEREAS, the parties now desire to amend the Agreement to add an Authorized
Fund, to allow new flexible premium variable annuities and a new flexible
premium variable life insurance policy to invest in the Authorized Funds and to
permit the Company to use the new names of the Fund in connection with marketing
the Contracts;
NOW, THEREFORE, in consideration of their mutual promises, the Company, the Fund
and the Distributor agree as follows:
1. Amendment to Section 4.6. Section 4.6 is hereby deleted in its entirety and
replaced with the following:
The Trust and the Underwriter hereby consent to the Company's use of the
names "▇▇▇▇▇▇," "▇▇▇▇▇▇ Variable Trust" and "▇▇▇▇▇▇ VT" in connection with
marketing the Contracts, subject to the terms of Sections 4.1 and 4.2. Such
consent shall terminate with the termination of this Agreement.
2. Amendment to Schedule A. In accordance with the terms of the Agreement, the
parties hereby amend Schedule A to read as follows:
Schedule A
Contracts
American Enterprise Variable Annuity Account, established July 15, 1987.
AEL Personal Portfoliosm and AEL Personal Portfolio Plus offer the
following Authorized Funds as investment options:
▇▇▇▇▇▇ VT Diversified Income Fund - Class IA Shares ▇▇▇▇▇▇ VT
Growth and Income Fund - Class IA Shares ▇▇▇▇▇▇ VT New
Opportunities Fund - Class IA Shares ▇▇▇▇▇▇ VT High Yield Fund
- Class IA Shares
AEL Personal Portfolio Plus2 offers the following Authorized Funds as
investment options:
▇▇▇▇▇▇ VT Diversified Income Fund - Class IB Shares ▇▇▇▇▇▇ VT
Growth and Income Fund - Class IB Shares ▇▇▇▇▇▇ VT High Yield
Fund - Class IB Shares ▇▇▇▇▇▇ VT Voyager Fund - Class IB
Shares
AEL Preferredsm, distributed through TCF, offers the following
Authorized Funds as investment options:
▇▇▇▇▇▇ VT Diversified Income Fund - Class IA Shares ▇▇▇▇▇▇ VT
Growth and Income Fund - Class IA Shares ▇▇▇▇▇▇ VT New
Opportunities Fund - Class IA Shares ▇▇▇▇▇▇ VT Voyager Fund -
Class IA Shares ▇▇▇▇▇▇ VT Global Growth Fund - Class IA Shares
American Express Platinum Variable Annuitysm offers the following
Authorized Funds as investment options:
▇▇▇▇▇▇ VT Growth & Income Fund - Class IB Shares
▇▇▇▇▇▇ VT International Growth & Income Fund - Class IB Shares
▇▇▇▇▇▇ VT Vista Fund - Class IB Shares
American Express Signature Variable Annuitysm offers the following
Authorized Funds as investment options:
▇▇▇▇▇▇ VT Growth and Income Fund - Class IB Shares
▇▇▇▇▇▇ VT International New Opportunities Fund - Class IB
Shares
▇▇▇▇▇▇ VT International Growth Fund - Class IB Shares
American Express Pinnacle Variable Annuitysm offers the following
Authorized Funds as investment options:
▇▇▇▇▇▇ VT Growth and Income Fund - Class IB Shares
▇▇▇▇▇▇ VT International Growth Fund - Class IB Shares
▇▇▇▇▇▇ VT U. S. Government Fund - Class IB Shares
▇▇▇▇▇▇ VT Vista Fund - Class IB Shares
Variable Annuity distributed through ▇▇▇▇▇ Fargo offers the following
Authorized Funds as investment options:
▇▇▇▇▇▇ VT International Growth Fund - Class IB Shares
▇▇▇▇▇▇ VT Vista Fund - Class IB Shares
American Enterprise Variable Life Account, established July 15, 1987.
American Express Signature Variable Universal Lifesm offers the
following Authorized Funds as investment options:
▇▇▇▇▇▇ VT Growth and Income Fund - Class IB Shares
▇▇▇▇▇▇ VT International New Opportunities Fund - Class IB
Shares
▇▇▇▇▇▇ VT International Growth Fund - Class IB Shares
3. Definitions. Terms not defined in this Amendment 5 will have the meaning as
those terms defined in the Agreement.
4. Counterparts. This Amendment 5 may be executed simultaneously in two or
more counterparts, each of which taken together will constitute one and the
same instrument.
IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment 5 to be
executed in its name and on its behalf by its duly authorized representatives as
of the date specified above.
▇▇▇▇▇▇ VARIABLE TRUST ▇▇▇▇▇▇ MUTUAL FUNDS CORP.
By:______________________ By:_____________________
Name:____________________ Name:___________________
Title:___________________ Title:__________________
AMERICAN ENTERPRISE LIFE INSURANCE COMPANY
ATTEST:
By:______________________ By:_____________________
Name:____________________ Name:___________________
Title:___________________ Title:__________________