EXHIBIT (h.16)
AMENDMENT TO PARTICIPATION AGREEMENT
AMONG
PORTFOLIO PARTNERS, INC.,
AETNA LIFE INSURANCE AND ANNUITY COMPANY,
AETNA INVESTMENT SERVICES, LLC
AND
AETNA INSURANCE COMPANY OF AMERICA
This Amendment is dated as of the 5th 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 Aetna Insurance Company of
America (to be renamed ING Insurance Company of America effective May 1, 2002)
(the "Company") (collectively, the "Parties").
WHEREAS, the Parties entered into a Participation Agreement on December
5, 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 B with the Schedule B attached
hereto.
2. 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
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Name: Xxxxxx X. Xxxxxxxxxxx
Title: P 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/ Xxxxxxxxx Xxxxxx
-------------------------
Name: Xxxxxxxxx Xxxxxx
Title: Vice President
Aetna Insurance Company of America
By: /s/ Xxxxxx X. Xxxxxxxxxxx
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Name: Xxxxxx X. Xxxxxxxxxxx
Title: Pursuant to a Delegation of Authority
dated August 12, 1998
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.
