1
EXHIBIT 1.A.(8)(b)
AMENDMENT NO. 4 TO PARTICIPATION AGREEMENT
AMONG
VARIABLE INSURANCE PRODUCTS FUND II,
FIDELITY DISTRIBUTORS CORPORATION
NATIONAL LIFE INSURANCE COMPANY, AND
LIFE INSURANCE COMPANY OF THE SOUTHWEST
THIS AMENDMENT NO. 4 to the Participation Agreement by and among Vermont Life
Insurance Company (since merged into National Life Insurance Company, a Vermont
corporation ("NLIC")), Variable Insurance Products Fund (the "Fund"), Fidelity
Distributors Corporation (the "Underwriter") and, by this Amendment No. 4 the
Life Insurance Company of the Southwest, a Texas corporation wholly owned by
NLIC ("LSW"), dated August 1, 1989 as amended by Amendment No. 1 to
Participation Agreement dated January 1, 1996, Amendment No. 2 to Participation
Agreement dated April 28, 1997 and Amendment No. 3 dated April 15, 1998 (the
"Participation Agreement"), IS MADE AND ENTERED INTO THIS ____ DAY OF _______,
2001.
1. By executing this Amendment No. 4, LSW hereby
a. becomes a party to this Participation Agreement
b. is included in the definition of "the Company" along with
National Life Insurance Company
c. is bound by all of the terms and conditions of the Participation
Agreement referenced above.
2. Schedule A is hereby further amended to add the following contract forms:
Life Insurance Company of the Southwest Contract Form (Flexible
Premium Adjustable Variable Life Insurance)
3. Schedule C is hereby further amended to add the following separate account:
LSW Variable Life Insurance Account - February 15, 2001
4. Pursuant to section 1.6 hereof, the Fund and the Distributor hereby consent
to the investment of net amounts available under the the LSW variable life
listed in paragraph 2 above, in the following funds other than the Fund:
Sentinel Variable Products Trust; the Xxxxx American Fund; American Century
Variable Portfolios, Inc.; Dreyfus Socially Responsible Growth Fund, Inc.;
INVESCO Variable Insurance Funds, Inc.; X. X. Xxxxxx Series Trust II;
Market Street Fund, Inc.; Xxxxxxxxx Xxxxxx Advisers Management Trust;
Strong Variable Insurance Funds, Inc.; and Strong Opportunity Fund II.
IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment No. 4
to the Participation Agreement to be executed in its name and on its behalf by
its duly authorized representative and its seal to be affixed hereto as of the
date specified above.
NATIONAL LIFE INSURANCE COMPANY
by
-------------------------------------
Name:
Title:
VARIABLE INSURANCE PRODUCTS FUND
by
-------------------------------------
Name:
Title:
FIDELITY DISTRIBUTORS CORPORATION
by
-------------------------------------
Name:
Title:
LIFE INSURANCE COMPANY OF THE SOUTHWEST
BY: NATIONAL LIFE INSURANCE COMPANY
by
-------------------------------------