EXHIBIT (9)(c)
AMENDMENT TO TRANSFER AGENT AGREEMENT
This amendment, dated February 18, 1998, amends the Transfer Agent
Agreement, dated December 15, 1994 ("Initial Agreement"), as amended by a Letter
Agreement, dated February 7, 1997 ("Letter Agreement") (collectively,
"Agreement"), by and between USAA Life Investment Trust ("Trust") and USAA Life
Insurance Company ("USAA Life") (collectively, the "Parties").
RECITALS
WHEREAS, USAA Life, pursuant to the Agreement, currently serves as Transfer
Agent and Dividend Disbursing Agent with respect to the seven Funds of the
Trust, namely the USAA Life Variable Annuity Money Market Fund, USAA Life
Variable Annuity Income Fund, USAA Life Variable Annuity Growth and Income Fund,
USAA Life Variable Annuity World Growth Fund, USAA Life Variable Annuity
Diversified Assets Fund, USAA Life Variable Annuity Aggressive Growth Fund, and
USAA Life Variable Annuity International Fund (collectively, "the Funds"); and
WHEREAS, the Board of Trustees has approved this amendment ("Amendment");
NOW, THEREFORE, the Parties hereto agree as follows:
1. The name of each Fund of the Trust, as specifically set out, or
generally referred to, in the Agreement, is changed, effective May 1, 1998
(or such other date as the Securities and Exchange Commission may declare a
post-effective amendment to the Trust's Form N-1A Registration Statement
regarding the matter effective under the Securities Act of 1933), to
exclude the term "Variable Annuity," so that the names of the Funds are as
follows:
USAA Life Money Market Fund,
USAA Life Income Fund,
USAA Life Growth and Income Fund,
USAA Life World Growth Fund,
USAA Life Diversified Assets Fund,
USAA Life Aggressive Growth Fund, and
USAA Life International Fund.
2. Each reference to the Separate Account of USAA Life Insurance
Company to fund benefits under variable annuity contracts ("Contracts")
issued by USAA Life Insurance Company, as specifically set out, or
generally referred to, in the Agreement, is amended to add corresponding
reference to the Life Insurance Company Separate Account of USAA Life
Insurance Company to fund benefits under variable universal life insurance
policies ("Policies").
3. Each reference, to "Contractowners" and to "Contracts," as
specifically set out, or generally referred to, in the Agreement, is
amended to add corresponding reference to "Policyowners" and to "Policies."
4. The reference, in the fourth Whereas clause, to a third party
administration agreement of USAA Life with Vantage Computer System, Inc.,
is deleted.
5. The date of the Initial Agreement, as set out in the Letter
Agreement, is corrected to read December 15, 1994.
IN WITNESS WHEREOF, the Parties hereto have caused this Amendment to be
executed as of the date first set forth above.
USAA LIFE INVESTMENT TRUST
By: /s/___________________________
XXXXX X. XXXXXX
President
ATTEST:
/s/________________________
XXXXX X. XXXXX
Assistant Secretary
USAA LIFE INSURANCE COMPANY
By: /s/_____________________________
XXXXX X. XXXXXX
President
ATTEST:
/s/__________________________
XXXXX X. XXXXX
Assistant Vice President
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