Exhibit 26(h)(13)(vi)
FOURTH AMENDMENT TO
IVY FUNDS VARIABLE INSURANCE PORTFOLIOS
PARTICIPATION AGREEMENT
(EXCLUDES PRODUCTS SOLD THROUGH W&R DISTRIBUTION SYSTEM)
This Fourth Amendment ("Amendment") is entered into this 27/th/ day of
September, 2012, by and among MINNESOTA LIFE INSURANCE COMPANY ("Company"),
XXXXXXX & XXXX, INC. ("W&R"), and IVY FUNDS VARIABLE INSURANCE PORTFOLIOS (the
"Trust" or "Portfolios").
WHEREAS, the parties desire to amend the Agreement to update certain provisions.
NOW, THEREFORE, the parties agree as follows:
1. Section 2(a) of the Agreement shall be amended by striking such section in
its entirety and replacing it with the following language:
"Company represents and warrants that the Variable Accounts have been
established and are in good standing under Minnesota Law; and that Variable
Accounts have been registered as unit investment trusts under the Investment
Company Act of 1940, as amended (the "1940 Act") and will remain so
registered, or are exempt from registration pursuant to section(s) 3(c)(1),
3(c)(7) or 3(c)(11) of the 1940 Act."
2. Exhibit A is deleted and replaced in its entirety by the Exhibit A attached
to this Fourth Amendment.
Except as provided herein, the terms and conditions contained in the Agreement
shall remain in full force and effect. This Amendment may be executed in two or
more counterparts, which together shall constitute one instrument.
[THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK.]
IN WITNESS WHEREOF, the parties hereto have executed and delivered this
Amendment as of the date first written above.
XXXXXXX &REED, INC.
/s/ Xxxxxx X. Xxxxx
-------------------------
Xxxxxx X. Xxxxx
President
IVY FUNDS VARIABLE
INSURANCE PORTFOLIOS
/s/ Xxxxx X. Xxxxxxx
-------------------------
Xxxxx X. Xxxxxxx
President
MINNESOTA LIFE INSURANCE
COMPANY
/s/ Xxxxx Xxxxxxxx
-------------------------
Xxxxx Xxxxxxxx
2/nd/ VP-Group Case
Underwriting
EXHIBIT A
(AS AMENDED SEPTEMBER 27/TH/, 2012)
VARIABLE ACCOUNTS OF MINNESOTA LIFE INSURANCE COMPANY
1. Minnesota Life Variable Universal Life Account
2. Variable Annuity Account
3. Minnesota Life Variable Life Account
4. Variable Fund D
5. Minnesota Life Individual Variable Universal Life Account
6. VUL Account III*
7. VUL Account V*
* VUL Accounts III and V include separate accounts established by Minnesota
Life Insurance Company for each available portfolio of the Trust.
