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Exhibit 8(f)(ii)
Amendment No. 1
To
Fund Participation Agreement
Between
Western-Southern Life Assurance Company
And
Select Advisors Portfolios
And
Select Advisors Variable Insurance Trust
This Amendment No. 1 to the Fund Participation Agreement is dated as of May 1,
1998 and amends Exhibit A to the Fund Participation Agreement (the "Agreement")
dated November 10, 1994 made by and among Western-Southern Life Assurance
Company (Western-Southern"), on its own behalf and on behalf of Western-Southern
Life Assurance Separate Account No.1 and Western-Southern Life Assurance Company
Separate Account No. 2 (each called a "Separate Account") and the various
sub-accounts of each thereof as set forth in Exhibit A attached hereto and as
may be amended from time to time (each a "Sub-Account"), the Select Advisors
Portfolios, a New York Trust (the "SA Trust"), but only as to those Portfolios
thereof shown on Exhibit B-1 hereof, the Select Advisors Variable Insurance
Trust, a Massachusetts business trust ("VI Trust"), and each separate series
thereof, as set forth on Exhibit B-2 hereof (each such portfolio of the SA Trust
and of the VI Trust being herein called a "Portfolio" or, together, the
"Portfolios"), all of which Portfolios shall be made available to serve as
underlying investment media for the Sub-Accounts.
WHEREAS, Western-Southern's Board of Directors has determined to establish an
additional sub-account to be designated the Value Plus Sub-Account; and
WHEREAS, The Board of Trustees of the SA Trust and the VI Trust (together, the
"Trusts") has amended and restated the Establishment and Designation of Series
appended to each Trust's Declaration of Trust (the "Declaration") to add an
additional series of Shares (as defined in the Declaration) of the Trusts, to be
designated the Value Plus Portfolio;
NOW THERFORE, Exhibits A and B-2 to the Agreement are hereby amended, effective
as of May 1, 1998, to read as set forth in Exhibits A and B to this Agreement,
the sole change in Exhibit A being the addition of the Value Plus Sub-Account
and the sole change in Exhibit B-2 being the addition of the Value Plus
Portfolio.
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IN WITNESS WHEREOF, the parties have caused this Amendment to be executed and
delivered in their names and on their behalf as of the day and year first above
written.
WESTERN-SOUTHERN LIFE ASSURANCE COMPANY
By: _____________________________________________
Xxxxxxx X. Xxxxxx
Senior Vice President
By: _____________________________________________
Xxxxxx X. Xxxxxxxxx
Vice President
SELECT ADVISORS VARIABLE INSURANCE TRUST
By: ____________________________________________
Xxxxxx X. Xxxxxxx
President
SELECT ADVISORS PORTFOLIOS
By: _____________________________________________
Xxxxxx X. Xxxxxxx
President
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Exhibit A to Amendment No. 1 to Fund Participation Agreement
EXHIBIT A
Emerging Growth Sub-Account
International Equity Sub-Account
Balanced Sub-Account
Income Opportunity Sub-Account
Standby Income Sub-Account
Growth & Income Sub-Account
Bond Sub-Account
Value Plus Sub-Account
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Exhibit B to Amendment No. 1 to Fund Participation Agreement
EXHIBIT B
EXHIBIT B-1
Growth & Income II Portfolio
Bond II Portfolio
EXHIBIT B-2
Emerging Growth Portfolio
International Equity Portfolio
Balanced Portfolio
Income Opportunity Portfolio
Standby Income Portfolio
Value Plus Portfolio
