Exhibit (8)(t)
AMENDMENT TO FUND PARTICIPATION AGREEMENT
This Amendment is made as of May 1, 2001, by and among Providentmutual
Life and Annuity Company of America ("PLACA"), Provident Mutual Life Insurance
Company ("PMLIC") (PMLIC and PLACA hereinafter collectively referred to as the
"Insurer"), Federated Securities Corp. (the "Distributor"), and Federated
Insurance Series (formerly, "Insurance Management Series") (the "Fund").
BACKGROUND
A. PLACA, the Distributor, and the Fund are parties to a Fund
Participation Agreement, dated May 1, 1995 (the "Agreement").
B. Notwithstanding any contrary provision contained in the Agreement,
this Amendment amends, supersedes, and modifies the Agreement. The parties
hereto agree to amend the Agreement as follows:
AMENDMENT
1. The introductory paragraph of the Agreement is amended to read as
follows:
"This AGREEMENT is made this 1st day of May, 1995, by and among Providentmutual
Life and Annuity Company of America, a life insurance company domiciled in
Delaware, and Provident Mutual Life Insurance Company, a Pennsylvania-domiciled
mutual life insurer (collectively, the "Insurer"), on the Insurer's behalf and
on behalf of: the segregated asset accounts of the Insurer listed on Exhibit A
to this Agreement (the "Separate Accounts"); Federated Insurance Series
(formerly, "Insurance Management Series") (the "Fund"), a Massachusetts
business trust; and Federated Securities Corp. (the "Distributor"), a
Pennsylvania corporation."
2. Exhibit A to this Agreement is amended to read in the form attached
to this Amendment.
3. Exhibit B to this Agreement is amended to read in the form attached to
this Amendment.
FEDERATED SECURITIES CORP. PROVIDENTMUTUAL LIFE AND
ANNUITY COMPANY OF
AMERICA
By: /s/ Xxxx X. Xxxxxx By: /s/ Xxxx Xxxxxx
-------------------------------- ---------------------------------
Name: Xxxx X. Xxxxxx Name: Xxxx Xxxxxx
------------------------------ -------------------------------
Title: President -- Institutional Sales Title: Vice President
-------------------------------- ------------------------------
PROVIDENT MUTUAL LIFE
FEDERATED INSURANCE SERIES INSURANCE COMPANY
By: /s/ Xxxx X. XxXxxxxxx By: /s/ Xxxx Xxxxxx
-------------------------------- ---------------------------------
Name: Xxxx X. XxXxxxxxx Name: Xxxx Xxxxxx
------------------------------ -------------------------------
Title: Executive Vice President Title: Executive Vice President
----------------------------- ------------------------------
Date: May 1, 2001
EXHIBIT A TO
FUND PARTICIPATION AGREEMENT,
AS AMENDED AS OF MAY 1, 2001
Providentmutual Variable Annuity Separate Account
Provident Mutual Variable Annuity Separate Account
EXHIBIT B TO
FUND PARTICIPATION AGREEMENT,
AS AMENDED AS OF MAY 1, 2001
Federated Fund for U.S. Government Securities II
Federated Utility Fund II
