AMENDMENT NO. 1 TO AGREEMENT
RELATING TO THE SALE OF CONTRACTS ON A VARIABLE BASIS
Amendment No. l dated as of the 15 day April, 1980 to AGREEMENT dated the
19th day of February, 1968 (herein referred to as the "Agreement") by and
between THE PRUDENTIAL INSURANCE COMPANY OF AMERICA (herein referred to as
"Prudential"), and THE PRUDENTIAL VARIABLE CONTRACT ACCOUNT-2 (herein referred
to as "VCA-2").
WHEREAS, the Statement of Facts set forth in the Agreement provides that
Prudential will perform all administrative functions in connection with the
contracts on a variable basis which it may issue; and
WHEREAS, it is desired that normal charges payable under certain contracts
be reduced in recognition of the fact that some of these administrative
functions under such contracts may be performed by persons other than
Prudential; and
WHEREAS, Prudential and VCA-2 have by letter dated June 14, 1979, reached
an understanding concerning the holding of VCA-2 portfolio securities, in the
custody of certain banks; and
WHEREAS, Prudential and VCA-2 desire to conform the terms of the Agreement
to these new arrangements;
NOW, THEREFORE, Prudential and VCA-2 hereby agree to amend Paragraph B of
the Agreement as follows:
l. The first sentence of Paragraph B of the Statement of Facts should
read:
"B. Prudential will arrange for the performance of all administrative
functions in connection with the contracts on a variable basis which it may
issue, including receiving contributions from or on behalf of the
contractholders or participants
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thereunder, allocating such contributions in accordance with the provisions of
such contracts and making variable annuity payments as they become due."
2. Subparagraph (b) of Paragraph B of the Statement of Facts is deleted,
and subparagraphs (c), (d) and (e) are relettered (b), (c) and (d),
respectively.
3. The reference in Section 4 of the Agreement to subparagraph (e) of
Paragraph B of the Statement of Facts is changed to subparagraph (d).
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed
on their behalf by their duly authorized officers as of the date first
hereinabove mentioned.
THE PRUDENTIAL INSURANCE COMPANY
Attest: OF AMERICA
/s/ By /s/
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Secretary Vice President, Accounting
Attest: THE PRUDENTIAL VARIABLE CONTRACT
ACCOUNT-2
/s/ By /s/ Xxxxx Xxxxxxxxx
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Secretary to the Committee Chairman of the Committee
