AMENDMENT TO FUND PARTICIPATION AGREEMENT
BETWEEN
THE DREYFUS CORPORATION AND
JEFFERSON NATIONAL LIFE INSURANCE COMPANY
THIS AMENDMENT TO THE FUND PARTICIPATION AGREEMENT is made as of the 1st day of
May, 2005 between JEFFERSON NATIONAL LIFE INSURANCE COMPANY (the "Insurance
Company"), and each of DREYFUS VARIABLE INVESTMENT FUND; THE DREYFUS SOCIALLY
RESPONSIBLE GROWTH FUND, INC.; AND DREYFUS STOCK INDEX FUND (EACH A "FUND").
WITNESSETH
WHEREAS, the Insurance Company and the Funds entered into a Fund
Participation Agreement as of May 1, 2003 ("Agreement") under which shares of
the Funds are made available to the Separate Accounts of the Insurance Company
for the benefit of the Insurance Company contract holders; and
WHEREAS, Dreyfus and the Insurance Company desire to amend the
Agreement;
NOW THEREFORE, it is agreed as follows:
1. Article I, Paragraph 1.13 "Separate Account" of the Agreement, is
hereby deleted in its entirety and replaced with the following
paragraph 1.13: "Separate Account" shall mean Jefferson National
Life Annuity Accounts as follows:
- Jefferson National Life Annuity Account C
- Jefferson National Life Annuity Account E
- Jefferson National Life Annuity Account F
- Jefferson National Life Annuity Account G
- Jefferson National Life Annuity Account H
- Jefferson National Life Annuity Account I
- Jefferson National Life Annuity Account J
- Jefferson National Life Annuity Account K
- Jefferson National Life Account L
2. If any of the Funds provide the Insurance Company with materially
incorrect share net asset value information, the Separate Account(s)
shall be entitled to an adjustment to the number of shares purchased
or redeemed to reflect the correct share net asset value. Any
material error in the calculation of the net asset value per share,
dividend or capital gain information shall be reported promptly upon
discovery to the Insurance Company. Furthermore, the Funds shall be
liable for the reasonable administrative costs incurred by the
Insurance Company in relation to the correction of any material
error, provided such error is attributable to the Funds.
Administrative costs shall include reasonable allocation of staff
time, costs of outside service providers, printing and postage.
Non-material errors will be corrected in the next Business Day's net
asset value per share.
3. Exhibit A is revised in its entirety to read as EXHIBIT A
attached hereto.
4. All other terms of the Agreement shall remain in full force and
effect.
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IN WITNESS WHEREOF, each of the parties hereto has caused this
Amendment to be executed in its name and on its behalf by its duly authorized
representative as of this date, May 1, 2005.
DREYFUS VARIABLE INVESTMENT FUND
By: _____________________________________________
Name:
Title:
THE DREYFUS SOCIALLY RESPONSIBLE GROWTH FUND, INC.
By: _____________________________________________
Name:
Title:
DREYFUS LIFE AND ANNUITY INDEX FUND, INC.
D/B/A (DREYFUS STOCK INDEX FUND)
By: _____________________________________________
Name:
Title:
JEFFERSON NATIONAL LIFE INSURANCE
COMPANY
By: _____________________________________________
Name: Xxxxx X. Xxxxxx
Title: General Counsel and Secretary
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EXHIBIT A
LIST OF PARTICIPATING FUNDS
FUND NAME SHARE CLASS
--------- -----------
Dreyfus Variable Investment Fund
Disciplined Stock Portfolio Initial Class
International Value Portfolio Initial Class
Dreyfus Socially Responsible Growth Fund, Inc. Initial Class
Dreyfus Stock Index Fund, Inc. Initial Class
Dreyfus Small Cap Stock Index Portfolio Service Shares
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