FIRST AMENDMENT TO
SERVICE AGREEMENT
BETWEEN SECURITY LIFE OF DENVER INSURANCE COMPANY
AND INVESCO FUNDS GROUP, INC.
This Amendment is dated as of the 1st day of January, 2000 by and between
Security Life of Denver Insurance Company ("Security Life") and INVESCO Funds
Group, Inc. ("INVESCO").
WHEREAS, Security Life and INVESCO entered into the Service Agreement
("Agreement") on January 1, 1998;
WHEREAS, the parties desire to amend said Agreement in the manner
hereinafter set forth;
NOW THEREFORE, the parties hereby amend the Agreement in the following
form:
1. Paragraphs a and c of Section III PAYMENT OF EXPENSES to the Agreement
shall be deleted in their entirety and replaced with the following
a) INVESCO shall pay to Security Life a quarterly fee (hereinafter,
the "Quarterly Fee") equal to a percentage of the average daily
net assets of the Portfolio attributable to Contracts offered by
Security Life, at the annual rate of 0.25% on the aggregate net
assets of the INVESCO VIF-Equity Income Fund, the INVESCO VIF -
High Yield Fund, the INVESCO VIF - Small Company Growth Fund, the
INVESCO VIF - Total Return Fund, and the INVESCO VIF - Utilities
Fund, in connection with the expenses incurred by Security Life
under Section II hereof
c) This Agreement shall not modify any of the provisions of Article
III or Article V of the Fund Participation Agreement, but shall
supplement those provisions.
2. All notices sent to Security Life pursant to Section VI NOTICES of the
Agreement shall be directed to:
Security Life of Denver Insurance Company
0000 Xxxxxxxx
Xxxxxx, XX 00000
Attn: Variable Counsel
FAX: 000-000-0000
All of the other provisions contained in the Agreement shall remain in full
force and effect.
IN WITNESS THEREOF, Security Life and INVESCO have caused this Amendment to
be executed by their duly authorized officers effective as of the date first
written above:
INVESCO FUNDS GROUP INC.
By: /s/ Xxxxxx X. Xxxxxx Date: June 9, 2000
-------------------- -------------
Xxxxxx X. Xxxxxx
Senior Vice President
SECURITY LIFE OF DENVER INSURANCE COMPANY
By: /s/ Xxx Xxxxxxxxxx Date: 6/7/00
------------------ ------------
Authorized Representative
/s/ Exec V.P. and Chief Actuary
-------------------------------
Name and Title
