AMENDMENT TO PARTICIPATION AGREEMENT
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Exhibit 27-(h)(5)(b): Form of Amendment to Participation Agreement by and among ReliaStar Life Insurance Company, ING XX Xxxx Portfolio and ING Funds Distributor, LLC |
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AMENDMENT TO PARTICIPATION AGREEMENT |
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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 XX Xxxx Portfolio (Trust) an open-end management investment company and corporation organized under the laws of the State of Massachusetts, and ING Funds Distributor, LLC (the "Distributor" (formerly known as ING Funds Distributor, Inc.)), a corporation organized under the laws of the State of Delaware, (collectively, "the Parties"). |
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WHEREAS, the Parties executed a Participation Agreement dated May 1, 2002 (the "Participation Agreement") among ReliaStar Life Insurance Company, ING XX Xxxx Portfolio |
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and ING Funds Distributor, Inc. |
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WHEREAS, effective on July 15, 2003, the Company wishes to amend the Participation Agreement with respect to the Contracts and Separate Accounts as listed on Schedule A to include additional Contracts of ReliaStar Life Insurance Company. |
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NOW, THEREFORE, in consideration of their mutual promises, the Parties agree as follows: |
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The Participation Agreement is hereby amended to reflect the current contracts and separate accounts by substituting for the current Schedule A an amended Schedule A in the form attached hereto. |
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Executed this ___ day of September 2003. |
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RELIASTAR LIFE INSURANCE COMPANY |
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By: |
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Name: |
Xxxxxxxx X. Xxxxxx |
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Title: |
Vice President and Actuary |
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ING XX XXXX PORTFOLIO |
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By: |
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Name: |
Xxxxxxx X. Xxxxxx |
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Title: |
Executive Vice President |
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ING FUNDS DISTRIBUTOR, LLC |
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By: |
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Name: |
Xxxxxxx X. Xxxxxx |
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Title: |
Executive Vice President |
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Schedule A |
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Contracts and Separate Accounts |
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Separate Account(s) |
Contracts: |
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ReliaStar Select*Life Variable Account |
FlexDesign VUL |
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(October 11, 1984) |
Variable Accumulation VUL |
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Variable Estate Design VUL |
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ING Protector Elite VUL |
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ING Investor Elite VUL |
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As amended effective July 15, 2003 |
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