AMENDMENT NUMBER ONE to the Target Funds Participation Agreement (Excludes Products Sold Through W&R Distribution System) among Minnesota Life Insurance Company Waddell & Reed, Inc. W&R Target Funds, Inc.
EX-99.B(e)mnl1partamend1 |
AMENDMENT NUMBER ONE |
to the Target Funds Participation Agreement |
(Excludes Products Sold Through W&R Distribution System) |
among |
Minnesota Life Insurance Company |
Xxxxxxx & Xxxx, Inc. |
W&R Target Funds, Inc. |
WHEREAS, Minnesota Life Insurance Company (the "Company"), and Xxxxxxx & Xxxx, Inc. ("W&R") which serves as the distributor to the W&R Target Funds, Inc. (the "Funds") listed on Exhibit B have a Fund Participation Agreement whereby shares of W&R's Funds are made available to serve as an underlying investment alternative for variable accounts of Minnesota Life Insurance Company; and |
WHEREAS, the Company and W&R desire to make additional Fund choices available to such additional separate accounts as have been established by the Company; and |
WHEREAS, the parties to the Agreement wish to amend Exhibit B of that existing Fund Participation Agreement executed the 19th day of September, 2003. |
NOW, THEREFORE, BE IT RESOLVED, that effective April 29, 2005, Exhibit B shall be replaced by the attached. |
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the 9th day of March, 2006. |
MINNESOTA LIFE INSURANCE | XXXXXXX & XXXX, INC. | |||
COMPANY | ||||
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By: |
Xxxxxx X. Xxxxx |
By: |
Xxxxxx X. Xxxxx | |
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Its: |
Vice President |
Its: |
President | |
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W&R TARGET FUNDS, INC. | ||||
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By: |
Xxxxx X. Xxxxxxxx | |||
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Its: |
President | |||
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EXHIBIT B |
(as amended April 29, 2005) |
to the |
Target Funds Participation Agreement |
(Excludes Products Sold Through W&R Distribution System) |
among |
Minnesota Life Insurance Company |
Xxxxxxx & Xxxx, Inc. |
and |
W&R Target Funds, Inc. |
Funds Available to Variable Accounts |
W&R Target Asset Strategy Portfolio |
W&R Target Balanced Portfolio |
W&R Target Core Equity Portfolio |
W&R Target Global Natural Resources Portfolio |
W&R Target Growth Portfolio |
W&R Target International Growth Portfolio |
W&R Target International Value Portfolio |
W&R Target Micro Cap Growth Portfolio |
W&R Target Mid Cap Growth Portfolio |
W&R Target Science and Technology Portfolio |
W&R Target Small Cap Growth Portfolio |
W&R Target Small Cap Value Portfolio |
W&R Target Value Portfolio |