AMENDMENT NUMBER 2
TO PARTICIPATION AGREEMENT
AMONG
VARIABLE INSURANCE PRODUCTS FUNDS,
FIDELITY DISTRIBUTORS CORPORATION,
AND
SECURITY BENEFIT LIFE INSURANCE COMPANY
WHEREAS, Security Benefit Life Insurance Company (the "Company"),
Fidelity Distributors Corporation (the "Underwriter") and Variable Insurance
Products Fund, Variable Insurance Products Fund II and Variable Insurance
Products Fund III are parties to a Participation Agreement dated December 1,
2000, as amended (the "Agreement"); and
WHEREAS, terms of the Agreement contemplate that it may be amended with
the mutual agreement of the parties; and
WHEREAS, the parties wish to add certain Accounts and Contracts to the
Agreement by deleting the existing Schedule A and replacing it with the Schedule
A attached hereto; and
WHEREAS, capitalized terms used but not defined in this Amendment,
shall have the meaning given them in the Agreement; and
WHEREAS, all other terms of the Agreement shall remain in full force
and effect;
NOW, THEREFORE, the parties agree to delete the existing Schedule A to
the Agreement and replace it with the Schedule A attached hereto.
IN WITNESS WHEREOF, each of the parties hereto has caused this
Amendment Number 2 to the Agreement to be executed in its name and on its behalf
by its duly authorized representative as of the date specified below.
SECURITY BENEFIT LIFE
INSURANCE COMPANY
By its authorized officer
By:
----------------------------------------
Name:
----------------------------------------
Title:
----------------------------------------
Date:
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VARIABLE INSURANCE PRODUCTS FUND
VARIABLE INSURANCE PRODUCTS FUND II
VARIABLE INSURANCE PRODUCTS FUND III
By its authorized officer
By: ________________________________
Name: ▇▇▇▇▇▇▇▇▇ Reynolds______________
Title: SVP, Treasurer__________________
Date: ________________________________
FIDELITY DISTRIBUTORS CORPORATION
By its authorized officer
By: ________________________________
Name: ▇▇▇▇ Loehning___________________
Title: EVP_____________________________
Date: ________________________________
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SCHEDULE A
ACCOUNTS -
Variflex Separate Account
SBL Variable Annuity Account VIII
SBL Variable Annuity Account XIV
SBL Variable Annuity Account XVII
CONTRACTS -
Variflex Variable Annuity
VIVA Variable Annuity
PGA Variable Annuity
Variflex Extra Credit Variable Annuity
Variflex LS Variable Annuity
Variflex Signature Variable Annuity
AdvisorDesigns Variable Annuity
AdvanceDesigns Variable Annuity
SecureDesigns Variable Annuity
ClassicStrategies Variable Annuity
ThirdFed Variable Annuity
EliteDesigns Variable Annuity
PORTFOLIOS - Available Portfolios listed under VIP I, II, & III
respectively as of 12/01/2006
Variable Insurance Products Fund Money Market Portfolio
Variable Insurance Products Fund High Income Portfolio
Variable Insurance Products Fund Value Portfolio
Variable Insurance Products Fund Equity-Income Portfolio
Variable Insurance Products Fund Growth Portfolio
Variable Insurance Products Fund Overseas Portfolio
Variable Insurance Products Fund II Index 500 Portfolio
Variable Insurance Products Fund II Contrafund Portfolio
Variable Insurance Products Fund II Asset Manager: Growth Portfolio
Variable Insurance Products Fund II Investment Grade Bond Portfolio
Variable Insurance Products Fund II Asset Manager Portfolio
Variable Insurance Products Fund III Growth & Income Portfolio
Variable Insurance Products Fund III Dynamic Capital Appreciation Portfolio
Variable Insurance Products Fund III Aggressive Growth Portfolio
Variable Insurance Products Fund III Balanced Portfolio
Variable Insurance Products Fund III Growth Opportunities Portfolio
Variable Insurance Products Fund III Mid Cap Portfolio
Variable Insurance Products Fund III Value Strategies Portfolio
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