AGREEMENT AND AMENDMENT TO FUND PARTICIPATION AGREEMENT("AMENDMENT")
1. Connecticut General Life Insurance Company, Templeton Variable Products
Series Fund ("TVP"), and Franklin Xxxxxxxxx Distributors, Inc.
("Underwriter") hereby amend their Fund Participation Agreement dated as of
February 15, 1996, ("Agreement"), by:
(a) Adding Franklin Xxxxxxxxx Variable Insurance Products Trust
("VIP"), an open-end management investment company organized as a
business trust under Massachusetts law, as a party to the
Agreement. Both TVP and Franklin Xxxxxxxxx Variable Insurance
Products Trust shall hereinafter be referred to as the "Trust,"
and in the Agreement, as amended, the "Trust" shall refer to both
TVP and VIP.
(b) Adding a new Section, "Agreement"
AGREEMENT
1.0 Form of Agreement. This Agreement shall also create a
separate agreement for each Trust and the Underwriter as
though each Trust and the Underwriter had executed an
identical Fund Participation Agreement with the Company. No
rights, responsibilities or liabilities arising under the
Agreement as it pertains to one Trust shall be enforceable
by or against any party to the Agreement as it pertains to
another Trust.
(c) Adding Franklin Xxxxxxxxx Variable Insurance Products Trust to
Article VII, "Notices"
If to the Trust: Franklin Xxxxxxxxx Variable Insurance
Products Trust
000 Xxxxxxxx Xxxxxx Xxxx.
Xxx Xxxxx, XX 00000
Attention: Xxxxx Xxxxxxxx, Assistant
Vice President
2. Connecticut General Life Insurance Company, VIP and the Underwriter are
seeking to complete a participation agreement by and among themselves that
will supercede and replace the Agreement and the Amendment. The parties to
this Amendment agree that: (1) the Amendment is an interim measure to be in
effect only until a new participation agreement is completed; (2) they will
negotiate in good faith and execute a new participation agreement no later
than September 1, 2000; and (3) regardless of whether a new participation
agreement is completed, the Agreement and this Amendment will both
terminate on September 1, 2000.
IN WITNESS WHEREOF, the parties have caused their duly authorized officers to
execute this
Amendment to Fund Participation Agreement, to be effective as of May 1, 2000.
Connecticut General Life Insurance Company XXXXXXXXX VARIABLE PRODUCTS SERIES FUND
By its authorized officer By its authorized officer
By: /s/ Xxxxxxxx X. Xxxxxxx By:/s/ Xxxxx X. Xxxxxxxx
------------------------------ ---------------------
Name: Xxxxxxxx X. Xxxxxxx Name: Xxxxx X. Xxxxxxxx
Title: Assistant Vice President Title: Assistant Vice President
FRANKLIN XXXXXXXXX VARIABLE INSURANCE PRODUCTS TRUST
By its authorized officer
By:/s/ Xxxxx X. Xxxxxxxx
---------------------
Name: Xxxxx X. Xxxxxxxx
Title: Assistant Vice President
FRANKLIN XXXXXXXXX DISTRIBUTORS, INC.
By its authorized officer
By:
Name:
Title:
