--------------------------------------------------------------------------------
FORM N-4, ITEM 24(b)(4.27)
Amendment to Group Annuity Contract
--------------------------------------------------------------------------------
AMENDMENT
TO
GROUP ANNUITY CONTRACT
(insert Contract number here) (THE CONTRACT)
ISSUED BY
AMERICAN UNITED LIFE INSURANCE COMPANY (AUL)
TO THE
(insert Contractholder name here) (THE CONTRACTHOLDER)
This Amendment is effective for Plan loans originating on or after (insert
correct date here).
AUL and the Contractholder hereby agree that the Contract is amended by adding
the following provision: Loan Administration Fee: On the last day of each
Contract Quarter, we deduct from a Participant's Account a Loan Administration
Fee of up to section 12.50 for each Plan loan of the Participant that remains
outstanding on such day. Alternatively, we may xxxx this charge to you if you
and we mutually agree. If the entire balance of a Participant Account is applied
or withdrawn before the last day of the Contract Quarter pursuant to the
contract, the Loan Administration Fee attributable to the period of time which
has elapsed since the first day of the Contract Quarter in which such
application or withdrawal of funds is made will not be deducted from the amount
applied or withdrawn and will not be billed to you.
CONTRACTHOLDER AUL
By By
Title Title
Date Date
Loanfee.amd
