AMENDMENT TO PARTICIPATION AGREEMENT
This AMENDMENT TO PARTICIPATION AGREEMENT dated as of April , 2003, by and
among VANGUARD VARIABLE INSURANCE FUND, THE VANGUARD GROUP, INC., VANGUARD
MARKETING CORPORATION and MONY LIFE INSURANCE COMPANY.
WITNESSETH:
WHEREAS, the parties hereto have entered into a Participation Agreement
dated as of November 29, 2002 (the "Participation Agreement"), pursuant to which
the Sponsor has agreed to make shares of the Fund available for purchase and
redemption by certain Accounts of the Company in connection with the Company's
Variable Insurance Products; and
WHEREAS, the parties desire to modify the Participation Agreement in
certain respects;
NOW, THEREFORE, in consideration of the mutual covenants contained herein,
the parties hereto, intending to be legally bound, hereby agree as follows:
1. Defined Terms. Unless otherwise defined herein, capitalized terms in this
Amendment shall have the meanings assigned in the Participation Agreement.
(a) Amendment of Participation Agreement. The Participation Agreement is
hereby amended by replacing Schedule B to the Participation Agreement
with Schedule B attached to this Amendment.
3. No Other Modifications. Except as specifically modified hereby, the
Participation Agreement remains in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed on their behalf by their duly authorized officers as of the day and
year first above written.
VANGUARD VARIABLE INSURANCE FUND
By:
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Name:
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Title:
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THE VANGUARD GROUP, INC.
By:
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Name:
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Title:
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VANGUARD MARKETING CORPORATION
By:
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Name:
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Title:
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MONY LIFE INSURANCE COMPANY
By:
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Name:
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Title:
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SCHEDULE B
PORTFOLIOS
(effective May 1, 2003)
The following Portfolios of the Vanguard Variable Insurance Fund shall be
made available as investments underlying the Variable Insurance Products:
Money Market Portfolio
Total Bond Market Index Portfolio
High Yield Bond Portfolio
Short-Term Corporate Portfolio
Balanced Portfolio
Diversified Value Portfolio
Equity Income Portfolio
Equity Index Portfolio
Growth Portfolio
Mid-Cap Index Portfolio
REIT Index Portfolio
Small Company Growth Portfolio
International Portfolio
Capital Growth Portfolio
Total Stock Market Index Portfolio