AMENDMENT TO PRIVATE PLACEMENT PARTICIPATION AGREEMENT
THIS AGREEMENT is made by and among Security Life of Denver Insurance
Company, a life insurance company organized under the laws of the State of
Colorado ("Insurance Company"), INVESCO Variable Investment Funds, Inc., a
Maryland corporation (the "Company"), and INVESCO Funds Group, Inc., a Delaware
corporation ("INVESCO") (collectively, the "Parties).
WHEREAS, the Parties executed a private placement participation agreement
dated September 8, 2000 (the "Participation Agreement"), governing how shares of
the Company's portfolios are to be made available to certain variable life
insurance and/or variable annuity contracts (the "Contracts") offered by the
Insurance Company through certain separate accounts (the "Separate Accounts");
WHEREAS, the various Separate Accounts are listed on Schedule A of the
Participation Agreement;
WHEREAS, the various Contracts for which shares are purchased are listed in
Schedule B of the Participation Agreement;
WHEREAS, the Parties have agreed that it is in their interests to add an
additional Contract funded by Separate Accounts;
NOW THEREFORE, in consideration of their mutual promises, the Insurance
Company, the Company and INVESCO agree as follows:
1. The Participation Agreement is hereby amended by substituting for the
original Schedules A and B amended Schedules A and B in the form attached hereto
which adds ING Private Market Advantage Variable Universal Life to the list of
Contracts funded by the Separate Accounts.
Executed this 27th day of June, 2001.
ATTEST: INVESCO Variable Investment Funds, Inc.
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Treasurer
ATTEST: Security Life of Denver Insurance Company
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▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, ▇▇.
Executive Vice President
ATTEST: INVESCO Funds Group, Inc.
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇ BY: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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Senior Vice President
SCHEDULE A
Accounts Under this Agreement
ACCOUNT DATE ESTABLISHED
Security Life Separate Account SLDM1 September 11, 2000
Security Life Separate Account SLDM2 September 11, 2000
Security Life Separate Account SLDP1 June 22, 2001
Security Life Separate Account SLDP2 June 22, 2001
SCHEDULE B
Contracts
1. Magnastar Private Placement (Flexible Premium Variable Universal
Variable Universal Life Life Insurance Policy)
2. ING Private Market Advantage (Flexible Premium Variable Universal
Variable Universal Life Life Insurance Policy)
