Exhibit 99-8(bb): Amendment to Participation Agreement by and among Portfolio
Partners, Inc., Aetna Life Insurance and Annuity Company, Aetna Investment
Services, LLC and ReliaStar Life Insurance Company
AMENDMENT TO PARTICIPATION AGREEMENT
AMONG
PORTFOLIO PARTNERS, INC.,
AETNA LIFE INSURANCE AND ANNUITY COMPANY,
AETNA INVESTMENT SERVICES, LLC
AND
RELIASTAR LIFE INSURANCE COMPANY
This Amendment is dated as of the 26th day of March , 2002 by and
between Portfolio Partners, Inc. (to be renamed ING Partners, Inc. effective May
1, 2002) (the "Fund"), Aetna Life Insurance and Annuity Company (to be renamed
ING Life Insurance and Annuity Company effective May 1, 2002) (the "Adviser"),
Aetna Investment Services, LLC (to be renamed ING Financial Advisers, LLC,
effective May 1, 2002) (the "Distributor") and Reliastar Life Insurance Company
(the "Company") (collectively, the "Parties").
WHEREAS, the Parties entered into a Participation Agreement on December
6, 2001 (the "Agreement");
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. By replacing the existing Schedule A with the Schedule A
attached hereto.
2. By replacing the existing Schedule B with the Schedule B
attached hereto.
3. All of the other provisions contained in the Agreement shall
remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be
executed by their duly authorized signatories as of the date and year first
above written.
Portfolio Partners, Inc.
By: /s/ Xxxxxx X. Xxxxxxxxxxx
------------------------------------------
Name: Xxxxxx X. Xxxxxxxxxxx
Title: President
Aetna Life Insurance and Annuity Company
By: /s/ Xxxxxx X. Xxxxxxxxxxx
------------------------------------------
Name: Xxxxxx X. Xxxxxxxxxxx
Title: Vice President
Aetna Investment Services, LLC
By: /s/ Xxxxx X. Xxxxxx
------------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President
Reliastar Life Insurance Company
By: /s/ Xxxxx X. Xxxxxx
------------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President
2
SCHEDULE A
Reliastar Life Insurance Company Separate Account One
Reliastar Life Insurance Company Separate Account Three
Reliastar Select*Life Variable Account
SCHEDULE B
PORTFOLIO PARTNERS, INC.
DESIGNATED PORTFOLIOS
Xxxxx Growth Portfolio -- Initial, Adviser and Service classes
Xxxxx Aggressive Growth Portfolio -- Initial, Adviser and Service classes
American Century Small Cap Value Portfolio -- Initial, Adviser and Service
classes
Baron Small Cap Growth Portfolio -- Initial, Adviser and Service classes
Xxxxxxx Tactical Asset Allocation Portfolio -- Initial, Adviser and Service
classes
DSI Enhanced Index Portfolio -- Initial, Adviser and Service classes
Xxxxxxx Sachs(R)Capital Growth Portfolio -- Initial, Adviser and Service classes
JPMorgan Mid Cap Value Portfolio -- Initial, Adviser and Service classes
MFS Capital Opportunities Portfolio -- Initial, Adviser and Service classes
MFS Emerging Equities Portfolio -- Initial, Adviser and Service classes
MFS Global Growth Portfolio -- Initial, Adviser and Service classes
MFS Research Portfolio -- Initial, Adviser and Service classes
OpCap Balanced Value Portfolio -- Initial, Adviser and Service classes
PIMCO Total Return Portfolio -- Initial, Adviser and Service classes
Salomon Brothers Investors Value Portfolio -- Initial, Adviser and Service
classes
Salomon Brothers Capital Portfolio -- Initial, Adviser and Service classes
Xxxxxxx International Growth Portfolio -- Initial, Adviser and Service classes
X. Xxxx Price Growth Equity Portfolio -- Initial, Adviser and Service classes
Xxx Xxxxxx Xxxxxxxx Portfolio -- Initial, Adviser and Service classes
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*Xxxxxxx Sachs(R) is a registered service xxxx of Xxxxxxx, Xxxxx & Co., and it
is used by agreement with Xxxxxxx, Sachs & Co.
