Exhibit (h.7a)
OMNIBUS AMENDMENT
TO CERTAIN PARTICIPATION AGREEMENTS BETWEEN
ULTRA SERIES FUND AND
QUALIFIED RETIREMENT PLANS OF CUNA MUTUAL LIFE INSURANCE
COMPANY AND CUNA MUTUAL INSURANCE SOCIETY
THIS AMENDMENT , made and entered into this 8th day of April, 2008, by and
between ULTRA SERIES FUND, an unincorporated business trust formed under the
laws of Massachusetts (the "Trust") and the following plans (collectively, the
"Plans"):
CUNA Mutual Pension Plan for Represented Employees (Plan #001)
CUNA Mutual Pension Plan for Non-Represented (Plan #009)
CUNA Mutual 401(k) Plan for Represented Employees (Plan #004)
CUNA Mutual 401(k) Plan for Non-Represented Employees (Plan #008)
WHEREAS:
Effective as of January 1, 2002, the CUNA Mutual Life Insurance
Company Pension Plan for Agents was merged into the CUNA Mutual Life
Insurance Company Pension Plan for Home Office Employees, which was
restated and re-named the CUNA Mutual Life Insurance Company Pension Plan.
Effective as of January 1, 2002, the CUNA Mutual Pension Plan for
Non-Represented Employees was spun-off from the CUNA Mutual Pension Plan,
which was amended and restated as the CUNA Mutual Pension Plan for
Represented Employees.
Effective as of January 1, 2002, the CUNA Mutual Savings Plan was
merged into the CUNA Mutual Thrift Plan, the CUNA Mutual 401(k) Plan for
Non-Represented Employees was spun-off from the Thrift Plan, and the Thrift
Plan was amended and restated as the CUNA Mutual 401(k) Plan for
Represented Employees.
Effective as of January 1, 2002, the CUNA Mutual Life Insurance
Company 401(k) Plan for Home Office Employees and the CUNA Mutual Life
Insurance Company 401(k) Plan for Agents were merged into the CUNA Mutual
401(k) Plan for Non-Represented Employees.
Effective as of 11:59 p.m. on December 31, 2007, the CUNA Mutual Life
Insurance Company Pension Plan was merged into the CUNA Mutual Pension Plan
for Non-Represented Employees, in connection with the merger of CUNA Mutual
Life Insurance Company into CUNA Mutual Insurance Society; and
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WHEREAS, the Plans and the Trust desire to amend the Participation
Agreements dated October 31, 1997, between the Trust and the CUNA Mutual Pension
Plan, the CUNA Mutual Life Insurance Company Pension Plan for Home Office
Employees, the CUNA Mutual Life Insurance Company Pension Plan for Agents, the
CUNA Mutual Life Insurance Company 401(k)/Thrift Plan for Home Office Employees,
the CUNA Mutual Life Insurance Company 401(k)/Thrift Plan for Agents, the CUNA
Mutual Thrift Plan, and the CUNA Mutual Savings Plan (collectively, the
"Participation Agreements"), to reflect the mergers described above.
NOW, THEREFORE, in consideration of their mutual promises, the Trust and
the Plans agree to amend the Participation Agreements as follows:
1. By merging the Participation Agreements to reflect the current Plans,
such that there shall be a Participation Agreement between the Trust
and each of the four current Plans listed above.
2. By eliminating all references to "CUNA Mutual Life Insurance Company"
wherever they appear in the Participation Agreements.
3. By changing Article XII ("Notice, Request or Consent") to read as
follows:
Any notice, request or consent to be provided pursuant to this
Agreement is to be made in writing and shall be given:
If to the Trust:
Xxxxx X. Xxxxx
President
Ultra Series Fund
0000 Xxxxxxx Xxxxx Xxxx
Xxxxxxx, XX 00000
If to the Plans:
Xxxx X. XxXxxxxxxx
Chairman
Employee Benefits Plan Administration Committee
0000 Xxxxxxx Xxxxx Xxxx
Xxxxxxx, XX 00000
Or at such other address as such party may from time to time specify
in writing to the other party. Each such notice, request or consent to a
party shall be sent by registered or certified United States mail with
return receipt requested or by overnight delivery with a nationally
recognized courier, and shall be effective
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upon receipt. Notices pursuant to the provisions of Article II may be sent
by facsimile to the person designated in writing for such notices.
IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to
be executed in its name and behalf by its duly authorized officer on the date
specified below.
ULTRA SERIES FUND
(Trust)
Date: April 8th, 2008 By: /s/ Xxxxx X. Xxxxx
-----------------
Xxxxx X. Xxxxx
Title: President
CUNA MUTUAL PENSION PLAN FOR
REPRESENTED EMPLOYEES
CUNA MUTUAL PENSION PLAN FOR
NON-REPRESENTED EMPLOYEES
CUNA MUTUAL 401(K) PLAN FOR
REPRESENTED EMPLOYEES
CUNA MUTUAL 401(K) PLAN FOR
NON-REPRESENTED EMPLOYEES
Date: April 9th, 2008 By: /s/ Xxxx X. XxXxxxxxxx
--------------------
Xxxx X. XxXxxxxxxx
Title: Chairman, Employee Benefits
Plan Administration Committee
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