EXHIBIT h(7)(i)
AMENDMENT TO PARTICIPATION AGREEMENT
THIS AGREEMENT is made by and among ReliaStar Life Insurance Company
(the "Company"), a life insurance company organized under the laws of the State
of Minnesota, ING Variable Portfolios Inc. (ING VPI) an open-end management
investment company and corporation organized under the laws of the State of
Maryland, and ING Funds Distributor, Inc. (the "Distributor"), a corporation
organized under the laws of the State of Delaware, (collectively, "the
Parties").
WHEREAS, the Parties executed a Participation Agreement dated May 1,
2002 (the "Participation Agreement"), among ReliaStar Life Insurance Company,
ING Variable Portfolios, Inc., and ING Funds Distributor, Inc.
WHEREAS, effective on October 1, 2002, the Company wishes to amend the
Participation Agreement with respect to the Contracts and Separate Accounts as
listed on Schedule A to include Separate Account N of ReliaStar Life Insurance
Company.
NOW, THEREFORE, in consideration of their mutual promises, the Parties
agree as follows:
The Participation Agreement is hereby amended to reflect the current
contracts and separate accounts.
FURTHER, the Participation Agreement is hereby amended by substituting
for the current Schedule A an amended Schedule A in the form attached hereto.
Executed this 15th day of October 2002.
RELIASTAR LIFE INSURANCE COMPANY
BY ITS AUTHORIZED OFFICER
/s/ XXXXXX X. XXXXXXXXXXX
-------------------------------------
NAME: XXXXXX X. XXXXXXXXXXX
TITLE: VICE PRESIDENT
ING VARIABLE PORTFOLIOS, INC.
BY ITS AUTHORIZED OFFICER,
/s/ XXXXXXX X. XXXXXX
-----------------------------------
NAME: XXXXXXX X. XXXXXX
TITLE: EXECUTIVE VP
ING FUNDS DISTRIBUTOR, INC.
BY ITS AUTHORIZED OFFICER,
/s/ XXXXXXX X. XXXXXX
-------------------------------------
NAME: XXXXXXX X. XXXXXX
TITLE: EXECUTIVE VP
Amendment To Part Agr RLIC
SCHEDULE A
CONTRACTS AND SEPARATE ACCOUNTS
SEPARATE ACCOUNT(S) CONTRACTS:
ReliaStar Select*Life Variable Account FlexDesign VUL
(October 11, 1984) Variable Accumulation Design VUL
Variable Estate Design VUL
ING Protector Elite VUL
Separate Account N of ReliaStar AdvantageSM
Life Insurance Company Advantage CenturySM
(October 1,2002) Advantage Century PlusSM
As amended October 15, 2002
Amendment To Part Agr RLIC
