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EXHIBIT (8)(i)
AMENDMENT TO PARTICIPATION AGREEMENT
Franklin Xxxxxxxxx Variable Insurance Products Trust
Franklin Xxxxxxxxx Distributors, Inc.
Farmers New World Life Company
The participation agreement, dated as of May 15, 2000, by and among Franklin
Xxxxxxxxx Variable Insurance Products Trust, Franklin Xxxxxxxxx Distributors,
Inc. and Farmers New World Life Company (the "Agreement") is hereby amended as
follows:
Section 4.4 of the Agreement is deleted in its entirety and replaced
with the following provision:
4.4 At your option, we shall provide you, at our expense, with
either (i) for each Contract owner who is invested through the Account
in a subaccount corresponding to a Portfolio ("designated subaccount"),
one copy of each of the following documents on each occasion that such
document is required by law or regulation to be delivered to such
Contract owner who is invested in a designated subaccount: the Trust's
current prospectus, annual report, semi-annual report and other
shareholder communications, including any amendments or supplements to
any of the foregoing, pertaining specifically to the Portfolios
("Designated Portfolio Documents"); or (ii) a camera ready copy of such
Designated Portfolio Documents in a form suitable for printing and from
which information relating to series of the Trust other than the
Portfolios has been deleted to the extent practicable. In connection
with clause (ii) of this paragraph, we will pay for proportional
printing costs for such Designated Portfolio Documents in order to
provide one copy for each Contract owner who is invested in a designated
subaccount on each occasion that such document is required by law or
regulation to be delivered to such Contract owner, and provided the
appropriate documentation is provided and approved by us. We shall
provide you with a copy of the Trust's current statement of additional
information, including any amendments or supplements, in a form suitable
for you to duplicate. The expenses of furnishing, including mailing, to
Contract owners the documents referred to in this paragraph shall be
borne by you. For each of the documents provided to you in accordance
with clause (i) of this paragraph 4.4, we shall provide you, upon your
request and at your expense, additional copies. In no event shall we be
responsible for the costs of printing or delivery of Designated
Portfolio Documents to potential or new Contract owners or the delivery
of Designated Portfolio Documents to existing Contract owners.
All other terms and provisions of the Agreement not amended herein shall remain
in full force and effect.
Effective Date as of May 15, 2000.
Franklin Xxxxxxxxx Variable Insurance Products Trust Franklin Xxxxxxxxx Distributors, Inc.
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By: /s/ Xxxxx X. Xxxxxxxx By: /s/ Xxxx Xxxxxx
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Name: Xxxxx X. Xxxxxxxx Name: Xxxx Xxxxxx
Title: Assistant Vice President Title: Vice President
Farmers New World Life Company
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By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title Assistant Vice President & Corporate Secretary