EXHIBIT h(16)(i)
AMENDMENT TO PARTICIPATION AGREEMENT
THIS AGREEMENT is made by and among Security Life of Denver Insurance
Company, a life insurance company organized under the laws of the State of
Colorado (the "Company"), and Pilgrim Variable Products Trust, an open-end
management investment company and business trust organized under the laws of
Massachusetts (the "Trust"), and ING Pilgrim Securities, Inc., collectively, the
Parties.
WHEREAS, the Parties executed a participation agreement dated May 1,
2001 (the "Participation Agreement"), governing how shares of the Trust are to
be made available to certain variable life insurance and/or variable annuity
contracts (the "Contracts") offered by the Company through certain segregated
asset accounts (the "Accounts");
WHEREAS, the various Accounts and Contracts for which shares of the
Trust may be purchased are listed in Schedule A of the Participation Agreement;
NOW, THEREFORE, in consideration of their mutual promises, the Parties
agree as follows:
The Participation Agreement is hereby amended by substituting for the
current Schedule A an amended Schedule A in the form attached hereto.
Executed this 15th of November 2001.
SECURITY LIFE OF DENVER INSURANCE COMPANY PILGRIM VARIABLE PRODUCTS TRUST
BY: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ BY: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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Executive Vice President Vice President and Secretary
ING PILGRIM SECURITIES, INC.
BY: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Senior Vice President
SCHEDULE A
CONTRACT AND SEPARATE ACCOUNTS
SEPARATE ACCOUNTS:
Security Life Separate Account L1
Security Life Separate Account SLDM1
Security Life Separate Account SLDM2
Security Life Separate Account SLD P1
Security Life Separate Account SLD P2
CONTRACTS:
FirstLine Variable Universal Life
FirstLine II Variable Universal Life
Strategic Advantage Variable Universal Life
Strategic Advantage II Variable Universal Life
Variable Survivorship Universal Life
Corporate Benefits Variable Universal Life
Estate Designer Variable Universal Life
Asset Portfolio Manager Variable Universal Life
Strategic Investor Variable Universal Life
Magnastar Private Placement Variable Universal Life
ING Private Market Advantage Variable Universal Life
Schedule dated: November 15, 2001
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