AMENDMENT NO. 1
TO
FUND PARTICIPATION AGREEMENT
This AMENDMENT NO. 1 to the Fund Participation Agreement ("Agreement") is
made as of the 1st day of July 2002, by and among the PBHG INSURANCE SERIES FUND
("Fund"), a Delaware business trust, PILGRIM, XXXXXX & ASSOCIATES, LTD.
("Adviser"), a Delaware Corporation and MONY Life Insurance Company ("Life
Company"), a life insurance company organized under the laws of New York.
W I T N E S S E T H:
--------------------
WHEREAS, the Fund, the Adviser and the Life Company have entered into an
Agreement dated January 1, 2002, relating to the purchase and sale of certain
portfolios of the Fund; and
WHEREAS, the Fund, the Adviser and the Life Company desire to amend the
Agreement.
NOW, THEREFORE, in consideration of the foregoing the parties hereby agree
as follows:
1. Appendix B of the Agreement is hereby deleted in its entirety and
replaced with the Appendix B attached hereto.
2. All other provisions of the Agreement shall remain unchanged.
IN WITNESS WHEREOF, intending to be legally bound, the parties hereto have
caused this Amendment No. 1 to the Agreement to be duly executed as of the date
and year first above written.
PBGH INSURANCE SERIES FUND
ATTEST: /s/ Xxxx X. Xxxx By: /s/ Xxx X. Xxxxxxxx
------------------------------ -------------------------------
Name: Xxxx X. Xxxx Name: Xxx X. Xxxxxxxx
Title: Vice President Title: Chief Financial Officer
And Secretary
PILGRIM XXXXXX &
ASSOCIATES, LTD.
ATTEST: /s/ Xxxx X. Xxxx By: /s/ Xxxx X. Xxxxxxxxx
------------------------------ -------------------------------
Name: Xxxx X. Xxxx Name: Xxxx X. Xxxxxxxxx
Title: Senior Vice President/ Title: Senior Vice President
General Counsel Chief Financial Officer
and Secretary
MONY LIFE INSURANCE COMPANY
ATTEST: /s/ Xxxxxxx X. Xxxxxx By: Xxxxxxx Xxxxxxx
------------------------------ -------------------------------
Name: Xxxxxxx X. Xxxxxx Name: Xxxxxxx Xxxxxxx
Title: Counsel Title: Senior Vice President
Appendix B
Separate Accounts Selected Accounts
----------------- -----------------
MONY Variable Account L Flexible Premium Variable Universal Life
Established 11/28/90 (MONY Variable Universal Life)
Flexible Premium Variable Universal
(MONY Variable Universal Life-Accumulation)*
Last Survivor Flexible Premium Variable
Universal Life Policy
(MONY Survivorship Variable Universal Life)
MONY Variable Account A Flexible Payment Variable Annuity
Established 11/28/90 (MONY Variable Annuity)
Flexible Payment Variable Annuity
(MONY C Variable Annuity)**
Flexible Payment Variable Annuity
(MONY L Variable Annuity)**
* Expected launch date: January 2003
** Expected launch date October 15, 2002
