AMENDMENT
This amendment ("Amendment") is entered into as of the ______ day of June ,
2002, by and among SAFECO LIFE INSURANCE COMPANY, (hereinafter the "Company"), a
Washington corporation, the VARIABLE INSURANCE PRODUCTS FUND III, an
unincorporated business trust organized under the laws of the Commonwealth of
Massachusetts (hereinafter the "Fund") and FIDELITY DISTRIBUTORS CORPORATION
(hereinafter the "Underwriter"), a Massachusetts corporation.
WHEREAS, the Parties have previously executed a Fund Participation Agreement
dated August 15, 1997 (the "Agreement");
NOW THEREFORE, in consideration of the terms, covenants and conditions contained
herein and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Parties agree to amend the Agreement as
follows:
1. Notices. All notices required to be made to SAFECO Life Insurance
Company under this Agreement shall be
made to the following address:
0000 000xx Xxxxx XX
Xxxxxxx, XX 00000
Attn: Legal Department
2. Schedule A of the agreement is replaced with Schedule A attached
hereto.
3. Schedule C of the agreement is replaced with Schedule C attached
hereto.
To the extent possible, this Amendment and the Agreement shall be read together.
In the event of a conflict between the provisions of this Amendment and those of
the Agreement, the provisions of this Amendment shall control.
Except as expressly amended hereby, the Agreement remains in full force and
effect.
Variable Insurance Products Fund III Fidelity Distributors Corporation
Signature: /s/ Xxxxx Xxxxx Signature: /s/ Xxxx X. Xxxxxx
------------------- --------------------
Name/Title: Xxxxx Xxxxx Name/Title: Xxxx Xxxxxx
Treasurer Vice President
SAFECO Life Insurance Company
Signature: /s/ Xxxxx Xxxxxxxxxxxx
Name/Title: Xxxxx Xxxxxxxxxxxx
Vice President
SCHEDULE A
SEPARATE ACCOUNTS OF THE COMPANY
1. Name: SAFECO Separate Account C
Date Established: February 11, 1994
2. Name: SAFECO Separate Account SL
Date Established: November 6, 1986
3. Name: SAFECO Resource Variable Account B
Date Established: February 6, 1986
SCHEDULE C
Other investment companies currently available under variable annuities or
variable life insurance issued by the Company as of May 1, 2002:
SAFECO RESOURCE SERIES TRUST
o SAFECO RST Equity Portfolio
o SAFECO RST Growth Opportunities Portfolio
o SAFECO RST Northwest Portfolio
o SAFECO RST Bond Portfolio
o SAFECO RST Small Company Value Portfolio
o SAFECO RST Money Market Portfolio
AIM Variable Insurance Funds
o AIM V.I. Aggressive Growth Fund (Series I Shares)
o AIM V.I. Growth Fund (Series I Shares)
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
o American Century VP Balanced
o American Century VP International
o American Century VP Value
THE DREYFUS SOCIALLY RESPONSIBLE GROWTH FUND, INC.
o The Dreyfus Socially Responsible Growth Fund, Inc. - Initial Shares
DREYFUS INVESTMENT PORTFOLIOS ("Dreyfus IP")
o Dreyfus IP - MidCap Stock Portfolio - Initial Shares
o Dreyfus IP - Technology Growth Portfolio - Initial Shares
DREYFUS VARIABLE INVESTMENT FUND ("Dreyfus VIF")
o Dreyfus VIF - Appreciation Portfolio - Initial Shares
o Dreyfus VIF - Quality Bond Portfolio - Initial Shares
FEDERATED INSURANCE SERIES
o Federated High Income Bond Fund II
o Federated Utility Fund II
FRANKLIN XXXXXXXXX VARIABLE INSURANCE PRODUCTS TRUST
o Franklin Small Cap Fund - Class 2
o Franklin U.S. Government Fund - Class 2
x Xxxxxxxxx Developing Markets Securities Fund - Class 2
x Xxxxxxxxx Growth Securities Fund - Class 2
o Mutual Shares Securities Fund - Class 2
INVESCO VARIABLE INVESTMENT FUNDS, INC.
o INVESCO VIF-Real Estate Opportunity Fund
X.X. XXXXXX SERIES TRUST II
o JPMorgan U.S. Disciplined Equity Portfolio
XXXXXXX VARIABLE SERIES I ("VS I")
x Xxxxxxx VS I Balanced Portfolio
x Xxxxxxx VS I International Portfolio