EX-99.B(e)xxxxxxxx0
SECOND AMENDMENT OF
PRINCIPAL UNDERWRITING AGREEMENT
This amendment ("Second Amendment") to the Principal Underwriting
Agreement, dated May 1, 1990 ("Principal Underwriting Agreement") by and
between United Investors Life Insurance Company ("United Investors"), on
its own behalf and on behalf of United Investors Life Variable Account
("Variable Account"), and Xxxxxxx & Xxxx, Inc. ("W&R")(a copy of which is
attached hereto as Exhibit "A"), as amended by the Agreement Amending
Principal Underwriting Agreement ("First Amendment"), dated the March 3,
1998 (a copy of which is attached hereto as Exhibit "B") is made effective
as of the 31st day of December, 1998, except as otherwise provided herein.
1. The parties hereunto agree as follows:
a. To rescind the provision for termination of the Principal
Underwriting Agreement contained in the First Amendment and extend the
Principal Underwriting Agreement for the term provided in Section 16
thereof.
b. The preamble of the Principal Underwriting Agreement shall be
amended by inserting ", United Investors Annuity Variable Account and
United Investors Universal Life Variable Account" after the phrase
"United Investors Life Variable Account" in line four.
c. The preamble of the Principal Underwriting Agreement shall be
further amended by inserting "collectively referred to herein as the"
before the phrase "Variable Account" in line four.
d. The first recital shall be amended by inserting ", deferred
variable annuity policies and flexible premium variable life insurance
policies" after the phrase "flexible premium variable life insurance
policies" in line four.
2. The amendments to the Principal Underwriting Agreement adding
"United Investors Annuity Variable Account" and ", deferred variable
annuity policies" shall be effective retroactively to May 1, 1990. The
amendments to the Principal Underwriting Agreement adding "United Investors
Universal Life Variable Account" and "and flexible premium variable life
insurance policies" shall be effective retroactively to April 18, 1997.
3. In all other respects, the Principal Underwriting Agreement is
unchanged, and the parties ratify and confirm the Principal Underwriting
Agreement, as amended by this Second Amendment.
IN WITNESS WHEREOF, the parties have executed this Second
Amendment by their duly authorized representatives to become effective as
provided herein.
UNITED INVESTORS LIFE INSURANCE COMPANY
By: /s/ Xxxxxxx X. XxXxxxxxx
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Its: President
TARGET/UNITED FUNDS, INC.
By: /s/ Xxxxxx X. Xxxxxxx
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Its: President
