Amendment to Fund Participation Agreement
This Amendment is made as of December, 2001 by and between SAFECO Life
Insurance Company ("SAFECO"), Federated Securities Corp. ("Federated") and
Federated Insurance Series (the "Fund").
BACKGROUND
A. SAFECO, Federated and the Fund are parties to a Fund Participation
Agreement dated 19th December 1995 (the "Agreement").
B. Notwithstanding any contrary provision contained in the Agreement,
this amendment amends, supersedes and modifies the Agreement. The parties agree
to amend the Agreement as follows:
AMENDMENT
1. Exhibit A to the Agreement is amended to read as follows:
Anuity Products Separate Accounts
MainSail SAFECO Separate Account C
Spinnaker SAFECO Separate Account C
Spinnaker Group SAFECO SAFEFLEX Separate Account D
Spinnaker Plus SAFECO Resource Variable Account B
Spinnaker Advisor SAFECO Separate Account C
SAFEFLEX SAFECO SAFEFLEX Separate Account D
Variable Life Products
Premier Variable SAFECO Separate Account SL
Universal
Life Insurance
2. Exhibit B to the Agreement is amended to read as follows:
Federated Utility Fund II
Federated High Income Bond Fund II
Federated Equity Income Fund II
FEDERATED SECURITIES SAFECO LIFE INSURANCE FEDERATED INSURANCE SERIES
CORP. COMPANY
By: /s/ Xxxx X. Xxxxxx By: /s/ Xxxxx X. Xxxxxxxxxxxx By: /s/ Xxxx X. XxXxxxxxx
------------------- -------------------------- ----------------------
Name: Xxxx X. Xxxxxx Name: Xxxxx X. Xxxxxxxxxxxx Name: Xxxx X. XxXxxxxxx
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Title: President, Institutional Sales Title: Vice President Title: Executive Vice President
