Southern Farm Bureau Life Variable Account Sample Contracts

PARTICIPATION AGREEMENT
Participation Agreement • October 12th, 1999 • Southern Farm Bureau Life Variable Account • Massachusetts
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Participation Agreement
Participation Agreement • April 25th, 2008 • Southern Farm Bureau Life Variable Account • California

As provided by Schedule C of the Agreement, this Notice proposes to Franklin Templeton Variable Insurance Products Trust, and Franklin/Templeton Distributors, Inc. the addition as of the offering date(s) listed below of the following Portfolios as additional investment options listed on Schedule C:

AMENDMENT TO SHAREHOLDER INFORMATION AGREEMENT
Shareholder Information Agreement • April 30th, 2009 • Southern Farm Bureau Life Variable Account

THIS AMENDMENT is made and entered into as of the 1st day of May, 2008, (hereinafter the “Effective Date”) by and between Fidelity Distributors Corporation (hereinafter the “Underwriter”), both individually and on behalf of Variable Insurance Products Fund (hereinafter “Fund I”), Variable Insurance Products Fund II (hereinafter “Fund II”), Variable Insurance Products Fund III (hereinafter “Fund III”), Variable Insurance Products Fund IV (hereinafter “Fund IV”) and Variable Insurance Products Fund V (hereinafter “Fund V”), and Southern Farm Bureau Life Insurance Company, a Mississippi insurance company on behalf of each of its segregated asset accounts (hereinafter “Company”).

SHAREHOLDER INFORMATION AGREEMENT
Shareholder Information Agreement • April 27th, 2007 • Southern Farm Bureau Life Variable Account

This Shareholder Information Agreement (“Agreement”) is made as of April 16, 2007, or such other compliance date mandated by Rule 22c-2 under the Investment Company Act of 1940 (“Rule 22c-2”), which ever shall last occur, by and between Fidelity Distributors Corporation (hereinafter the “Underwriter”), both individually and on behalf of Variable Insurance Products Fund, Variable Insurance Products Fund II, Variable Insurance Products Fund III, and Variable Insurance Products Fund IV (each collectively referred to hereinafter as the “Fund”), and Southern Farm Bureau Life Insurance Company, a Mississippi insurance company on behalf of each of its segregated asset accounts (“Intermediary”).

AMENDMENT TO PARTICIPATION AGREEMENT Among VARIABLE INSURANCE PRODUCTS FUND II, FIDELITY DISTRIBUTORS CORPORATION And SOUTHERN FARM BUREAU LIFE INSURANCE COMPANY
Participation Agreement • April 25th, 2008 • Southern Farm Bureau Life Variable Account

THIS AMENDMENT is made and entered into as of the 20th day of March, 2008 (hereinafter the “Effective Date”) by and among Southern Farm Bureau Life Insurance Company (hereinafter the “Company”), a Mississippi insurance company, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A to the Participation Agreement as amended by the First Amendment, and Variable Insurance Products Fund II, an unincorporated business trust organized under the laws of the commonwealth of Massachusetts (hereinafter the “Fund”), and Fidelity Distributors Corporation (hereinafter the “Underwriter”), a Massachusetts corporation.

SHAREHOLDER INFORMATION AGREEMENT
Shareholder Information Agreement • April 27th, 2007 • Southern Farm Bureau Life Variable Account

This Shareholder Information Agreement (“Agreement”) is made as of April 16, 2007, or such other compliance date mandated by Rule 22c-2 under the Investment Company Act of 1940 (“Rule 22c-2”), which ever shall last occur, by and between T. Rowe Price Services, Inc. (“Services”), T. Rowe Price Investment Services, Inc., (“Investment Services”) (collectively “T. Rowe Price”), the T. Rowe Price Funds (“Funds”), and Southern Farm Bureau Life Insurance Company, a Mississippi insurance company on behalf of each of its segregated asset accounts (“Intermediary”).

AMENDMENT TO PARTICIPATION AGREEMENT Among VARIABLE INSURANCE PRODUCTS FUND, FIDELITY DISTRIBUTORS CORPORATION And SOUTHERN FARM BUREAU LIFE INSURANCE COMPANY
Participation Agreement • April 28th, 2006 • Southern Farm Bureau Life Variable Account

THIS AMENDMENT is made and entered into by and among Southern Farm Bureau Life Insurance Company (hereinafter the “Company”), a Mississippi insurance company, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A to the Participation Agreement as amended by the First Amendment, and Variable Insurance Products Fund, an unincorporated business trust organized under the laws of the commonwealth of Massachusetts (hereinafter the “Fund”), and Fidelity Distributors Corporation (hereinafter the “Underwriter”), a Massachusetts corporation.

AMENDMENT to UNDERWRITING AGREEMENT
Underwriting Agreement • April 30th, 2009 • Southern Farm Bureau Life Variable Account

THIS AMENDMENT TO UNDERWRITING AGREEMENT is made and entered into on this the 14th day of February, 2008, to be effective as of October 5, 1999, by and between Southern Farm Bureau Life Insurance Company (hereinafter referred to as “Insurer”), a Mississippi insurance company, on its own behalf and on behalf of Southern Farm Bureau Life Variable Account and Southern Farm Bureau Life Variable Life Account, each a segregated asset account of Insurer, and Southern Farm Bureau Fund Distributor, Inc. (hereinafter referred to as “Distributor”), a Mississippi corporation.

Shareholder Information Agreement Franklin Templeton Variable Insurance Products Trust
Shareholder Information Agreement • April 25th, 2008 • Southern Farm Bureau Life Variable Account

This Shareholder Information Agreement (“Agreement”) is entered into as of May 1, 2008, and is among Franklin/Templeton Distributors, Inc. (“Distributors”) on behalf of itself and each Fund, as defined below, and the Intermediary, as defined below. Unless otherwise specified, capitalized terms have the meaning set out under “Definitions,” below.

AMENDMENT TO PARTICIPATION AGREEMENT Among
Participation Agreement • April 28th, 2006 • Southern Farm Bureau Life Variable Account

THIS AMENDMENT is made and entered into by and among Southern Farm Bureau Life Insurance Company (hereinafter the “Company”), a Mississippi insurance company, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A to the Participation Agreement as amended by the First Amendment, and the undersigned funds, each, a corporation organized under the laws of Maryland (each hereinafter referred to as the “Fund”), and T. Rowe Price Investment Services, Inc. (hereinafter the “Underwriter”), a Maryland corporation.

AMENDMENT TO PARTICIPATION AGREEMENT Among
Participation Agreement • April 25th, 2008 • Southern Farm Bureau Life Variable Account

THIS AMENDMENT is made and entered into as of the 16th day of January, 2008 (hereinafter the “Effective Date”) by and among Southern Farm Bureau Life Insurance Company (hereinafter the “Company”), a Mississippi insurance company, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A to this Amendment, and the undersigned funds, each, a corporation organized under the laws of Maryland (each hereinafter referred to as the “Fund”), and T. Rowe Price Investment Services, Inc. (hereinafter the “Underwriter”), a Maryland corporation.

WITNESSETH
Underwriting Agreement • October 12th, 1999 • Southern Farm Bureau Life Variable Account • Mississippi
AMENDMENT TO PARTICIPATION AGREEMENT Among VARIABLE INSURANCE PRODUCTS FUND II, FIDELITY DISTRIBUTORS CORPORATION And SOUTHERN FARM BUREAU LIFE INSURANCE COMPANY
Participation Agreement • April 28th, 2006 • Southern Farm Bureau Life Variable Account

THIS AMENDMENT is made and entered into by and among Southern Farm Bureau Life Insurance Company (hereinafter the “Company”), a Mississippi insurance company, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A to the Participation Agreement as amended by the First Amendment, and Variable Insurance Products Fund II, an unincorporated business trust organized under the laws of the commonwealth of Massachusetts (hereinafter the “Fund”), and Fidelity Distributors Corporation (hereinafter the “Underwriter”), a Massachusetts corporation.

AMENDMENT TO PARTICIPATION AGREEMENT Among VARIABLE INSURANCE PRODUCTS FUND III, FIDELITY DISTRIBUTORS CORPORATION And SOUTHERN FARM BUREAU LIFE INSURANCE COMPANY
Participation Agreement • April 25th, 2008 • Southern Farm Bureau Life Variable Account

THIS AMENDMENT is made and entered into as of the 20th day of March, 2008 (hereinafter the “Effective Date”) by and among Southern Farm Bureau Life Insurance Company (hereinafter the “Company”), a Mississippi insurance company, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A to the Participation Agreement as amended by the First Amendment, and Variable Insurance Products Fund III, an unincorporated business trust organized under the laws of the commonwealth of Massachusetts (hereinafter the “Fund”), and Fidelity Distributors Corporation (hereinafter the “Underwriter”), a Massachusetts corporation.

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