AMENDMENT NO. 1 PARTICIPATION AGREEMENT

Exhibit 8(a)(i)

AMENDMENT NO. 1

PARTICIPATION AGREEMENT

The Participation Agreement (the “Agreement”), dated April 30, 2003, by and among AIM Variable Insurance Funds, a Delaware trust, A I M Distributors, Inc., a Delaware corporation, MONY Life. Insurance Company, a New York life insurance company, and MONY Securities Corporation, is hereby amended as follows;

Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following:

SCHEDULE A

FUNDS AVAILABLE UNDER THE POLICIES		SEPARATE ACCOUNTS UTILIZING THE FUNDS		CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS
(Series 1 shares)
AIM V.I. Basic Value Fund AIM V.I. Mid Cap Core Equity Fund		•      MONY Variable Account L (Est 11/18/90) - VUL		•      Flexible Premium Variable Universal Life (MONY Universal Life C3-03-C4-04)
		•      MONY Variable Account A (Est. 11/18/90) - VA		•      Flexible Payment Variable Annuity (MONY Variable Annuity)
				•      Flexible Payment Variable Annuity (MONY C Variable Annuity)
				•      Flexible Payment Variable Annuity (MONY L Variable Annuity)
				•      Flexible Payment Variable Annuity (MONY Custom Master)
				•      Flexible Payment Variable Annuity (SmartMONY Variable Annuity)

All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

Effective: April 30, 2003.

						AIM VARIABLE INSURANCE FUNDS
Attest:		/s/ Xxx X. Xxxxxxxx				By:		/s/ Xxxxxx X. Xxxxxx
Name:		Xxx X. Xxxxxxxx				Name:		Xxxxxx X. Xxxxxx
Title:		Assistant Secretary				Title:		President
						A I M DISTRIBUTORS, INC.
Attest:		/s/ Xxx X. Xxxxxxxx				By:		/s/ Gene L Needies
Name:		Xxx X. Xxxxxxxx				Name:		Gene L Needies
Title:		Assistant Secretary				Title:		President

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						MONY LIFE INSURANCE COMPANY, ON BEHALF OF ITSELF AND ITS SEPARATE ACCOUNTS
Attest:						By:		/s/ Xxxx Xxxxxxx
Name:						Name:		Xxxx Xxxxxxx
Title:						Title:		SVP
						MONY SECURITIES DISTRIBUTION COMPANY
Attest:						By:
Name:						Name:
Title:						Title:

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