EXHIBIT 99.8(t)(i)
AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT
AMONG PANORAMA SERIES FUND, INC.,
0PPENHEIMERFUNDS, INC. AND
MINNESOTA LIFE INSURANCE COMPANY
This Amendment No. 1 is incorporated in and made a part of the
Participation Agreement (the "Agreement") made as of the 1st day of May 2002, by
and among Minnesota Life Insurance Company (hereinafter the "Company"), on its
own behalf and on behalf of one or more segregated asset accounts of the Company
(hereinafter the "Account"), Panorama Series Fund, Inc. (hereinafter the "Fund")
and OppenheimerFunds, Inc. (hereinafter the "Adviser"). The following terms and
conditions amend the terms of the Agreement and, in the case of any conflict
between the terms and conditions of the Agreement and the terms and conditions
of this Addendum, the language of this Addendum shall control and govern. All
capitalized and abbreviated terms defined in the Agreement shall have the same
definitions apply in this Addendum.
1. Schedule I of the Agreement is deleted and replaced with the
Schedule I to this Addendum, attached hereto.
IN WITNESS WHEREOF, each of the parties hereto has caused this
Amendment No. 1 to the Agreement to be executed in its name and on its behalf by
its duly authorized representative as of December 1, 2002:
Company:
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MINNESOTA LIFE INSURANCE COMPANY
By its authorized officer,
/s/ Xxxxxx X. Xxxxx
By: Xxxxxx X. Xxxxx
Title: Vice President
Date: 10/16/02
Fund:
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PANORAMA SERIES FUND, INC.
By its authorized officer,
/s/ Xxxxx X. Xxxxxxx
By: Xxxxx X. Xxxxxxx
Title: Assistant Secretary
Date: March 27, 2003
Advisor:
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OPPENHEIMERFUNDS, INC.
By its authorized officer,
/s/ Xxxxx X. Xxxxxxx
By: Xxxxx X. Xxxxxxx
Title: Vice President & Senior Counsel
Date: March 27, 2003
SCHEDULE I
(AS AMENDED DECEMBER 1, 2002)
Separate Accounts Products
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Variable Annuity Account Achiever Multi-Option Annuity
Multi-Option Classic Annuity
Multi-Option Advisor Annuity
