AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT
AMONG
XXXXXXXXXXX VARIABLE ACCOUNT FUNDS,
OPPENHEIMERFUNDS, INC.
AND
CUNA MUTUAL LIFE INSURANCE COMPANY
Pursuant to the Participation Agreement, made and entered into as of the
20th day of February, 1997, by and among Xxxxxxxxxxx Variable Account Funds,
CUNA Mutual Life Insurance Company, and OppenheimerFunds, Inc., the parties
hereby agree to amend Schedules 2 and 3 as attached hereto.
IN WITNESS WHEREOF, each of the parties has caused this Amendment to the
Participation Agreement to be executed in its name and on its behalf by its duly
authorized representative. This Amendment shall take effect on September 21,
1999.
CUNA MUTUAL LIFE INSURANCE COMPANY
by its authorized officer,
By: /s/ Xxxxxxx X. Kitchen
----------------------------------------
Xxxxxxx X. Kitchen
Title: President and Chief Executive Officer
Date: September 22, 1999
XXXXXXXXXXX VARIABLE ACCOUNT FUNDS
by its authorized officer,
By: /s/ Xxxxxx Xxxxxxx
----------------------------------------
Title: Vice President and Secretary
Date: September 22, 1999
OPPENHEIMERFUNDS, INC.
by its authorized officer,
By: /s/ Xxxxxx Xxxxxxx
----------------------------------------
Title: Executive Vice President
Date: September 22, 1999
AS OF SEPTEMBER 21,1999
SCHEDULE 2
CUNA MUTUAL LIFE INSURANCE COMPANY CONTRACTS
COVERED BY SEPARATE ACCOUNTS LISTED IN SCHEDULE 1
CUNA Mutual Life Variable Annuity Account
MEMBERS Variable Annuity Product
CUNA Mutual Life Variable Account
MEMBERS Variable Universal Life Product
MEMBERS Variable Universal Life II Product
CUNA Mutual Life Group Variable Annuity Account
UltraSaver Group Annuity Product
CU Pension Saver Group Annuity Product
CU UltaSaver Group Annuity Product
AS OF SEPTEMBER 21,1999
SCHEDULE 3
XXXXXXXXXXX VARIABLE ACCOUNT FUNDS PORTFOLIO
Xxxxxxxxxxx High Income Fund/VA
legag\cunal
