Exhibit 1-A(8)(a)(2)
AMENDMENT NO. 1
Amendment to the Participation Agreement among The American Franklin
Life Insurance Company (the "Company"), Variable Insurance Products Fund (the
"Fund") and Fidelity Distributors Corporation (the "Underwriter") dated July 18,
1991 (the "Agreement").
WHEREAS, each of the parties is desirous of expanding the ability of
Company to participate in the qualified markets, the Company, the Underwriter
and the Fund hereby agree to amend the Agreement by deleting from Section 1.4
the reference to Section 2.12 and by deleting Section 2.12 in its entirety.
In witness whereof, each of the parties has caused this Agreement to be
executed in its name and on its behalf by its duly authorized representative as
of November 1, 1991.
THE AMERICAN FRANKLIN FIDELITY DISTRIBUTORS CORPORATION
LIFE INSURANCE COMPANY
By: _____________________________ By: _________________________________
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: Executive Vice President Title: President
VARIABLE INSURANCE PRODUCTS FUND
By: __________________________________
Name: J. ▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Senior Vice President