AMENDMENT TO PARTICIPATION AGREEMENT
AMONG
VARIABLE INSURANCE PRODUCTS FUND,
FIDELITY DISTRIBUTORS CORPORATION
AND
SOUTHERN FARM BUREAU LIFE INSURANCE COMPANY
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 this 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.
WHEREAS, the Company, the Fund and the Underwriter entered into a
Participation Agreement dated July 30, 1999 (hereinafter the "Participation
Agreement"), to facilitate the purchase by the Company, on behalf of certain
segregated asset accounts of the Company, shares in certain portfolios of
securities managed by the Fund; and
WHEREAS, the Company, the Fund and the Underwriter desire to amend
certain provisions of the Participation Agreement;
NOW THEREFORE, for and in consideration of the mutual promises of the
parties and other good and valuable consideration, the receipt and sufficiency
of all of which are hereby acknowledged, the Company, the Fund and the
Underwriter hereby agree as follows:
1. Schedule A to the Participation Agreement is hereby amended by
substituting in its place and stead Schedule A attached hereto and made a part
hereof.
2. The last line of the fourth complete paragraph on page 2 of the
Participation Agreement is hereby amended to read as follows:
"variable life insurance policies and variable annuity contracts; and"
3. ARTICLE XI of the Participation Agreement is hereby amended by
adding the following paragraph at the end of said ARTICLE XI:
"Notwithstanding any terms or provisions contained hereinabove to the
contrary, copies of any notices to the Company regarding the Southern
Farm Bureau Life Variable Life Account or the contract funded by said
account shall not be sent to:
Southern Farm Bureau Life Insurance Company
0000 Xxxxxxxxxx Xxxxxx
Xxxx Xxx Xxxxxx, Xxxx 00000
Attention: Administrative Service Center"
4. Except as hereinabove expressly modified or amended, all of the
terms and conditions contained in the Participation Agreement shall remain
unchanged and in full force and effect.
IN WITNESS WHEREOF, each of the parties has caused this Amendment to be
executed in its name and on its behalf by its duly authorized representative as
of the date specified below.
SOUTHERN FARM BUREAU LIFE
INSURANCE COMPANY
/s/
By:___________________________________
Name: Xxxxxx X. Xxxxxx
Title: Vice President, General Counsel and Secretary
Date: August 28, 2001
VARIABLE INSURANCE PRODUCTS FUND
/s/
By:___________________________________
Name: Xxxxxx Xxxxxx
Title: Treasurer
Date: September 6, 2001
FIDELITY DISTRIBUTORS CORPORATION
/s/
By:___________________________________
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Name: Xxxxxxx Xxxxxxx
Title: Executive Vice President
Date: September 18, 2001
SCHEDULE A
SEPARATE ACCOUNTS AND ASSOCIATED CONTRACTS
NAME OF SEPARATE ACCOUNT AND CONTRACTS FUNDED
DATE ESTABLISHED BY BOARD OF DIRECTORS BY SEPARATE ACCOUNT
-------------------------------------- -------------------
0
Xxxxxxxx Xxxx Xxxxxx Life Variable Account Flexible Premium Deferred Variable Annuity
(est. May 17, 1999) Contract
Southern Farm Bureau Life Variable Life Account Non-Participating Adjustable Premium Variable
(est. October 16, 2000) Life Insurance Policy
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