EXHIBIT 99.8.A.3
SECOND AMENDMENT OF
DISTRIBUTION CONTRACT
This amendment ("Second Amendment") to the Distribution Contract, dated
April 4, 1997 ("Distribution Contact"), by and between United Investors Life
Insurance Company ("UILIC") and Target/United Funds, Inc. f/k/a TMK/United
Funds, Inc. (the "Fund") (a copy of which is attached hereto as Exhibit "A"), as
amended by the Agreement Amending Distribution Contract ("First Amendment"),
dated March 3, 1998 (a copy of which is attached hereto as Exhibit "B") is made
effective as of the 31st day of December, 1998, except as otherwise provided
herein.
1. The parties hereby agree as follows:
a. To rescind the provision for termination of the Distribution
Contract contained in the First Amendment and extend the Distribution
Contract for the term provided in Section 8 thereof.
b. The second full paragraph of the Distribution Contract shall be
amended, retroactively to April 18, 1997, by deleting the word "two" in the
first sentence and replacing it with the word "three" and by inserting,
"United Investors Universal Life Variable Account" after the phrase "United
Investors Life Variable Account" in the first sentence.
c. Section 1 of the Distribution Contract shall be amended,
retroactively to April 18, 1997, by deleting the word "two" and replacing
it with the word "three" in the third line.
2. In all other respects, the Distribution Contract is unchanged, and the
parties ratify and confirm the Distribution Contract, as amended by this Second
Amendment.
IN WITNESS WHEREOF, the parties have executed this Second Amendment by
their duly authorized representatives to become effective as provided herein.
UNITED INVESTORS LIFE INSURANCE
COMPANY
By: /s/Xxxxxxx X. XxXxxxxxx
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Its: President
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TARGET/UNITED FUNDS, INC.
By: /s/ Xxxxxx X. Xxxxxxx
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Its: President
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