DISTRIBUTION AGREEMENT
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AGREEMENT made this ___ day of ______, 2000 by and between American
Family Life Insurance Company ("AFLIC"), a Wisconsin corporation, on its behalf
and on behalf of each separate account identified in Schedule 1 hereto (the
"Separate Accounts"), and American Family Securities, LLC ("Distributor"), a
Wisconsin Limited Liability Company.
WITNESSETH
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WHEREAS, Distributor has an application pending for registration as a
broker/dealer with the Securities and Exchange Commission (the "SEC") under the
Securities Exchange Act of 1934 (the "1934 Act") and for membership with the
National Association of Securities Dealers, Inc. (the "NASD");
WHEREAS, Distributor acts as retail distributor for certain variable
insurance products (the "Variable Products") underwritten by and sold through
Distributor's registered representatives who are also appointed agents of
American Family Life Insurance Company ("AFLIC");
WHEREAS, Distributor and AFLIC are affiliated companies under control
of a common parent corporation; and
WHEREAS, AFLIC desires to issue the Variable Products to the public
through Distributor acting as principal underwriter and distributor.
NOW, THEREFORE, in consideration of their mutual promises, and of other
good and valuable consideration, the receipt and legal sufficiency of which are
hereby acknowledged, Distributor and AFLIC hereby agree as follows:
1. DEFINITIONS
a. CONTRACTS. The class or classes of variable insurance products
set forth on Schedule 2 to this Agreement as in effect at the
time this Agreement is executed, and such other classes of
variable insurance products that may be added to Schedule 2
from time to time in accordance with Section 10.b of this
Agreement, and including any riders to such contracts and any
other contracts offered in connection therewith. For this
purpose and under this Agreement generally, a "class of
Contracts" shall mean those Contracts issued by AFLIC on the
same policy form or forms and covered by the same Registration
Statement.
b. REGISTRATION STATEMENT. At any time that this Agreement is in
effect, each currently effective registration statement filed
with the SEC under the 1933 Act on a prescribed form, or
currently effective post-effective amendment thereto, as the
case may be, relating to a class of Contracts, including
financial statements included in, and all exhibits to, such
registration statement or post-effective amendment. For
purposes of Section 8 of this Agreement, the term
"Registration
Statement" means any document that is or at any time was a
Registration Statement within the meaning of this Section 1.b.
c. PROSPECTUS. The prospectus included within a Registration
Statement, except that, if the most recently filed version of
the prospectus (including any supplements thereto) filed
pursuant to Rule 497 under the 1933 Act subsequent to the date
on which a Registration Statement became effective differs
from the prospectus included within such Registration
Statement at the time it became effective, the term
"Prospectus" shall refer to the most recently filed
prospectus filed under Rule 497 under the 1933 Act, from and
after the date on which it shall have been filed. For
purposes of Section 8 of this Agreement, the term "any
Prospectus" means any document that is or at any time was a
Prospectus within the meaning of this Section 1.c.
d. VARIABLE ACCOUNT. A separate account supporting a class or
classes of Contracts and specified on Schedule 1 as in effect
at the time this Agreement is executed, or as it may be
amended from time to time in accordance with Section 10.b of
this Agreement.
e. 1933 ACT. The Securities Act of 1933, as amended.
f. 1934 ACT. The Securities Exchange Act of 1934, as amended.
g. 1940 ACT. The Investment Company Act of 1940, as amended.
h. SEC. The Securities and Exchange Commission.
i. NASD. The National Association of Securities Dealers, Inc.
j. REPRESENTATIVE. An individual who is an associated person of
Distributor, as that term is defined in the 1934 Act.
k. APPLICATION. An application for a Contract.
l. PREMIUM. A payment made under a Contract by an applicant or
purchaser to purchase benefits under the Contract.
2. AUTHORIZATION AND APPOINTMENT
a. SCOPE OF AUTHORITY. AFLIC hereby authorizes Distributor on an
exclusive basis, and Distributor accepts such authority,
subject to the registration requirements of the 1933 Act and
the 1940 Act and the provisions of the 1934 Act and conditions
herein, to be the distributor and principal underwriter for
the sale of the Contracts to the public in each state and
other jurisdiction in which the Contracts may lawfully be sold
during the term of this Agreement. The Contracts shall be
offered for sale and distribution at Premium rates set from
time to time by AFLIC.
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Distributor shall use its best efforts to market the Contracts
actively subject to compliance with applicable law, including
the rules of the NASD. However, Distributor shall not be
obligated to sell any specific number or amount of Contracts.
Completed Applications shall be transmitted directly to AFLIC
for acceptance or rejection in accordance with the
underwriting rules established by AFLIC.
b. LIMITS ON AUTHORITY. Distributor shall act as an independent
contractor and nothing herein contained shall constitute
Distributor or its agents, officers or employees as agents,
officers or employees of AFLIC solely by virtue of their
activities in connection with the sale of the Contracts
hereunder. Distributor and its Registered Persons shall not
have authority, on behalf of AFLIC: to make, alter or
discharge any Contract or other insurance policy or annuity
entered into pursuant to a Contract; to waive any Contract
forfeiture provision; to extend the time of paying any
Premium; or to receive any monies or Premiums (except for the
sole purpose of forwarding monies or Premiums to AFLIC).
Distributor shall not expend, nor contract for the expenditure
of, the funds of AFLIC. Distributor shall not possess or
exercise any authority on behalf of AFLIC other than that
expressly conferred on Distributor by this Agreement.
3. SOLICITATION ACTIVITIES
a. REPRESENTATIVES. No Representative shall solicit the sale of
a Contract unless at the time of such solicitation such
individual is duly registered with the NASD and duly licensed
with all applicable state insurance and securities regulatory
authorities, and is duly appointed as an insurance agent of
AFLIC.
b. SOLICITATION ACTIVITIES. All solicitation and sales activities
engaged in by Distributor and its Representatives with respect
to the Contracts shall be in compliance with all applicable
federal and state securities laws and regulations, as well as
all applicable insurance laws and regulations, and compliance
manuals provided by AFLIC. In particular, without limiting the
generality of the foregoing:
(1) Distributor, along with appropriate AFLIC registered
principals, shall train, supervise and be solely responsible
for the conduct of Representatives in their solicitation of
Applications and Premiums and distribution of the Contracts
under the federal securities laws and the rules of the NASD,
and shall supervise their compliance with, applicable rules
and regulations of any securities regulatory agencies that
have jurisdiction over variable insurance product activities.
(2) Neither Distributor nor any Representative shall offer,
attempt to offer, or solicit Applications for, the Contracts
or deliver the Contracts, in any state or other jurisdiction
unless AFLIC has notified Distributor that such Contracts may
lawfully be sold or offered for sale in such state, and has
not subsequently revised such notice.
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(3) Neither Distributor nor any Representative shall give any
information or make any representation in regard to a class of
Contracts in connection with the offer or sale of such class
of Contracts that is not in accordance with the Prospectus for
such class of Contracts, or in current advertising materials
for such class of Contracts authorized by AFLIC.
(4) All Premiums paid by check that are collected by
Distributor or any of its Representatives shall be remitted
promptly, and in any event by noon of the next business day
after receipt, together with any Applications, forms and any
other required documentation, to AFLIC. Checks in payment of
Premiums shall be drawn to the order of "American Family Life
Insurance Company." If any Premium is held at any time by
Distributor, Distributor shall hold such Premium in a
fiduciary capacity and such Premium shall be remitted
promptly, and in any event within two business days, to AFLIC.
Distributor acknowledges that all such Premiums, whether by
check or wire, shall be the property of AFLIC. Distributor
acknowledges that AFLIC shall have the unconditional right to
reject, in whole or in part, any Application or Premium.
c. SUITABILITY. AFLIC and Distributor wish to ensure that the
Contracts sold by Distributor will be issued to purchasers
for whom the Contracts are suitable. Distributor shall require
that the Representatives have reasonable grounds to believe that
a recommendation to an applicant to purchase a Contract is
suitable for that applicant. Distributor shall review all
applications for suitability in accordance with Rule 2310 of
the NASD Conduct Rules and interpretations and guidance
relating thereto. AFLIC will review all Applications under
the suitability standards set forth in variable life insurance
regulations adopted by states where the Contracts are sold, and
standards adopted by AFLIC or as set forth in compliance and
operational manuals.
d. REPRESENTATIONS AND WARRANTIES OF DISTRIBUTOR. Distributor
represents and warrants to AFLIC that Distributor is and during
the term of this Agreement shall remain registered as a
broker-dealer under the 1934 Act, admitted as a member with the
NASD, and duly registered under applicable state securities laws,
and that Distributor is and shall remain during the term of this
Agreement in compliance with Section 9(a) of the 1940 Act.
4. MARKETING MATERIALS
a. PREPARATION AND FILING. AFLIC and Distributor shall together
design and develop all promotional, sales and advertising
material (including any illustrations) relating to the
Contracts and any other marketing-related documents for use
in the sale of the Contracts, subject to review and approval
by Distributor of such material and documents in accordance
with Section 2210 of the NASD Conduct Rules. Distributor shall
be responsible for filing such material with the NASD and any
state securities regulatory authorities requiring such
filings.
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AFLIC shall be responsible for filing all
promotional,sales or advertising material (including
illustrations), as required, with any state insurance
regulatory authorities. AFLIC shall be responsible for
preparing the Contract forms and filing them with applicable
state insurance regulatory authorities, and for preparing the
Prospectuses and Registration Statements and filing them with
the SEC and state regulatory authorities, to the extent
required. The parties shall notify each other expeditiously
of any comments provided by the SEC, NASD or any securities
or insurance regulatory authority on such material, and will
cooperate expeditiously in resolving and implementing any
comments, as applicable.
b. USE IN SOLICITATION ACTIVITIES. AFLIC shall be responsible for
furnishing Distributor with such Applications, Prospectuses
and other materials for use by Distributor and Representatives
in their solicitation activities with respect to the
Contracts. AFLIC shall notify Distributor of those states or
jurisdictions that require delivery of a statement of
additional information with a Prospectus to a prospective
purchaser. Distributor or its Representatives shall not use
any promotional, sales or advertising materials that have not
been approved in advance by AFLIC.
5. COMPENSATION AND EXPENSES
a. PAYMASTER ARRANGEMENT. American Family Mutual Insurance
Company ("AFMIC"), an affiliate of both Distributor and AFLIC,
all of which are under control of a common parent company,
will pay commissions payable to designated Registered Persons
of Distributor as paying agent on behalf of Distributor and
will maintain the books and records reflecting such payments
in accordance with the requirements of the 1934 Act on behalf
of Distributor. Such payments may include certain amounts to
Registered Persons as an advance on commissions payable by
Distributor. In accordance with the terms of a Paymaster
Agreement dated the same date as this Agreement between AFMIC
and Distributor, AFMIC has acknowledged and agreed that its
services in this regard are purely ministerial and clerical
in nature and shall not interfere with the control and
supervision exercised by Distributor over its Registered
Persons with regard to the Contracts. AFMIC has further
acknowledged and agreed that Distributor shall not be liable
to any party for commissions payable hereunder. AFMIC shall
have no right to compensation for the performance of any
activities described in this Section 5.a. Registered Persons
of Distributor shall have no interest in this Agreement or
right to any compensation to be paid by or on behalf of
Distributor hereunder prior to their receipt thereof.
b. EXPENSES. AFLIC shall pay all expenses, except for
commissions to Registered Persons, in connection with the
variable products including, but not limited to, the
preparation and filing of the Contracts, Registration
Statements, and promotional materials.
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6. COMPLIANCE
a. MAINTAINING REGISTRATION AND APPROVALS. AFLIC shall be
responsible for maintaining the registration of the Contracts
with the SEC and any state securities regulatory authority
with which such registration is required, and for gaining and
maintaining approval of the Contract forms where required
under the insurance laws and regulations of each state or
other jurisdiction in which the Contracts are to be offered.
b. CONFIRMATIONS AND 1934 ACT COMPLIANCE. AFLIC, as agent for
Distributor, shall confirm to each applicant for and purchaser
of a Contract in accordance with Rule 10b-10 under the 1934
Act acceptance of Premiums and such other transactions as are
required by Rule 10b-10 or administrative interpretations
thereunder. AFLIC shall maintain and preserve books and
records with respect to such confirmations in conformity with
the requirements of Rules 17a-3 and 17a-4 under the 1934 Act
to the extent such requirements apply. The books, accounts
and records of AFLIC, the Variable Account and Distributor as
to all transactions hereunder shall be maintained so as to
disclose clearly and accurately the nature and details of the
transactions. AFLIC shall maintain, as agent for Distributor,
such books and records of Distributor pertaining to the offer
and sale of the Contracts and required by the 1934 Act as may
be mutually agreed upon by AFLIC and Distributor, including
but not limited to maintaining a record of Representatives
and of the payment of commissions and other payments or
service fees to Representatives. In addition, AFLIC, as agent
for Distributor, shall maintain and preserve such additional
accounts, books and other records as are required of AFLIC and
Distributor by the 1934 Act. AFLIC shall maintain all such
books and records and hold such books and records on behalf
of and as agent for Distributor whose property they are and
shall remain, and acknowledges that such books and records
are at all times subject to inspection by the SEC in
accordance with Section 17(a) of the 1934 Act, the NASD, and
all other regulatory bodies having jurisdiction. To the extent
AFLIC employs electronic storage media in connection with
books and records created, maintained and stored on behalf of
Distributor, AFLIC agrees to comply with the requirements set
forth in Rule 17a-4(f)(3)(vii) and 17a-4(i). With respect to
any books and records maintained or preserved on behalf of
Distributor, AFLIC hereby undertakes to permit examination of
such books and records at any time or from time to time during
business hours by representatives or designees of the SEC, and
to promptly furnish to the SEC or its designee true, correct,
complete and current hard copy of any or all of any part of
such books and records. Subject to Distributor's approval,
AFLIC reserves the right to delegate the duties set forth in
this Section 6.b to a third party administrator mutually
agreeable to both parties.
c. REPORTS. Distributor shall cause AFLIC to be furnished with
such reports as AFLIC may reasonably request for the purpose
of meeting its reporting and record keeping requirements
under the 1933 Act, the 1934 Act and the 1940 Act
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and regulations thereunder as well as the insurance laws of
the State of Wisconsin and any other applicable states or
jurisdictions.
d. ISSUANCE AND ADMINISTRATION OF CONTRACTS. AFLIC shall be
responsible for issuing the Contracts and administering the
Contracts and the Variable Account, provided, however, that
Distributor shall have full responsibility for the securities
activities of all persons employed by AFLIC, engaged directly
or indirectly in the Contract operations, and for the
training, supervision and control of such persons to the
extent of such activities. Subject to Distributor's approval,
AFLIC reserves the right to delegate the duties set forth in
this Section 6.d to a third party administrator mutually
agreeable to both parties.
7. INVESTIGATIONS AND PROCEEDINGS
a. COOPERATION. Distributor and AFLIC shall cooperate fully in
any securities or insurance regulatory investigation or
proceeding or judicial proceeding arising in connection with
the offering, sale or distribution of the Contracts
distributed under this Agreement. Without limiting the
foregoing, AFLIC and Distributor shall notify each other
promptly of any customer complaint or notice of any regulatory
investigation or proceeding or judicial proceeding received by
either party with respect to the Contracts.
b. CUSTOMER COMPLAINTS. AFLIC agrees that it will assist
Distributor with complying with the reporting requirements
imposed by Section 3070 of the NASD Rules of Conduct with
regard to the sales of the Contracts. Without limiting the
foregoing, AFLIC agrees to notify the Distributor if persons
associated with AFLIC are the subject of any written customer
complaint involving allegations of theft, forgery or
misappropriation of funds or securities, or is the subject of
any claim for damages by a customer, broker, or dealer which
is settled for an amount exceeding $15,000.
8. INDEMNIFICATION
a. BY AFLIC. AFLIC shall indemnify and hold harmless Distributor
and any officer, director, or employee of Distributor against
any and all losses, claims, damages or liabilities, joint or
several (including any investigative, legal and other expenses
reasonably incurred in connection with, and any amounts paid
in settlement of, any action, suit or proceeding or any claim
asserted), to which Distributor and/or any such person may
become subject, under any statute or regulation, any NASD rule
or interpretation, at common law or otherwise, insofar as such
losses, claims, damages or liabilities:
(1) arise out of or are based upon any untrue statement or
alleged untrue statement of a material fact or omission or
alleged omission to state a material fact required to be
stated therein or necessary to make the statements therein not
misleading, in
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light of the circumstances in which they were
made, contained in any Registration Statement or in any
Prospectus; provided that AFLIC shall not be liable in any
such case to the extent that such loss, claim, damage or
liability arises out of, or is based upon, an untrue statement
or alleged untrue statement or omission or alleged omission
made in reliance upon information furnished in writing to
AFLIC by Distributor specifically for use in the preparation
of any such Registration Statement or any amendment thereof or
supplement thereto;
(2) result from any breach by AFLIC of any provision of this
Agreement.
This indemnification agreement shall be in addition to any
liability that AFLIC may otherwise have; provided, however,
that no person shall be entitled to indemnification pursuant
to this provision if such loss, claim, damage or liability is
due to the willful misfeasance, bad faith, gross negligence or
reckless disregard of duty by the person seeking
indemnification.
b. BY DISTRIBUTOR. Distributor shall indemnify and hold harmless
AFLIC and any officer, director, or employee of AFLIC against
any and all losses, claims, damages or liabilities, joint or
several (including any investigative, legal and other expenses
reasonably incurred in connection with, and any amounts paid
in settlement of, any action, suit or proceeding or any claim
asserted), to which AFLIC and/or any such person may become
subject under any statute or regulation, any NASD rule or
interpretation, at common law or otherwise, insofar as such
losses, claims, damages or liabilities:
(1) arise out of or are based upon any untrue statement or
alleged untrue statement of a material fact or omission or
alleged omission to state a material fact required to be
stated therein or necessary in order to make the statements
therein not misleading, in light of the circumstances in which
they were made, contained in any Registration Statement or in
any Prospectus; in each case to the extent, but only to the
extent, that such untrue statement or alleged untrue statement
or omission or alleged omission was made in reliance upon
information furnished in writing by Distributor to AFLIC
specifically for use in the preparation of any such
Registration Statement or any amendment thereof or supplement
thereto;
(2) result from any breach by Distributor of any provision of
this Agreement;
This indemnification shall be in addition to any liability
that Distributor may otherwise have; provided, however, that
no person shall be entitled to indemnification pursuant to
this provision if such loss, claim, damage or liability is due
to the willful misfeasance, bad faith, gross negligence or
reckless disregard of duty by the person seeking
indemnification.
c. GENERAL. Promptly after receipt by a party entitled to
indemnification ("indemnified person") under this Section 8
of notice of the commencement of any action as to which a
claim will be made against any person obligated to
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provide indemnification under this Section 8 ("indemnifying
party"), such indemnified person shall notify the indemnifying
party in writing of the commencement thereof as soon as
practicable thereafter, but failure to so notify the
indemnifying party shall not relieve the indemnifying party
from any liability which it may have to the indemnified
person otherwise than on account of this Section 8. The
indemnifying party will be entitled to participate in the
defense of the indemnified person but such participation will
not relieve such indemnifying party of the obligation to
reimburse the indemnified person for reasonable legal and
other expenses incurred by such indemnified person in
defending himself or itself.
d. DURATION. The indemnification provisions contained in this
Section 8 shall remain operative in full force and effect,
regardless of any termination of this Agreement. A successor
by law of Distributor or AFLIC, as the case may be, shall be
entitled to the benefits of the indemnification provisions
contained in this Section 8.
9. TERMINATION. This Agreement shall terminate automatically if it is
assigned by the Distributor without the prior written consent of the other
party. (The term "assigned" shall not include any transaction exempted from
Section 15(b)(2) of the 1940 Act.) This Agreement may be terminated at any
time for any reason by either party upon 60 days' written notice to the other
party, without payment of any penalty. This Agreement may be terminated at
the option of either party to this Agreement upon the other party's material
breach of any provision of this Agreement or of any representation or
warranty made in this Agreement, unless such breach has been cured within 10
days after receipt of notice of breach from the non-breaching party. Upon
termination of this Agreement, all authorizations, rights and obligations
shall cease except the following:
(1) the obligation to settle accounts hereunder, including
commissions on Premiums subsequently received for Contracts
in effect at the time of termination or issued pursuant to
Applications received by AFLIC prior to termination;
(2) the provisions contained in Section 8 regarding
indemnification; and
(3) the provisions contained in Section 3(b)(4) regarding the
remittance of premiums.
In the event of any termination for any reason, all books and records and sales
or marketing materials held by Distributor shall promptly be returned to AFLIC
free from any claim or retention of rights by Distributor.
10. MISCELLANEOUS
a. BINDING EFFECT. This Agreement shall be binding on and shall
inure to the benefit of the respective successors and assigns
of the parties hereto provided that neither party shall assign
this Agreement or any rights or obligations hereunder without
the prior written consent of the other party.
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b. SCHEDULES. The parties to this Agreement may amend Schedules 1
and 2 to this Agreement from time to time to reflect additions
of any class of Contracts and Variable Accounts. The
provisions of this Agreement shall be equally applicable to
each such class of Contracts and each Variable Account that
may be added to the Schedule, unless the context otherwise
requires. Any other change in the terms or provisions of this
Agreement shall be by written agreement between AFLIC and
Distributor.
c. RIGHTS, REMEDIES, AND OBLIGATIONS ARE CUMULATIVE. The rights,
remedies and obligations contained in this Agreement are
cumulative and are in addition to any and all rights, remedies
and obligations, at law or in equity, which the parties hereto
are entitled to under state and federal laws. Failure of
either party to insist upon strict compliance with any of the
conditions of this Agreement shall not be construed as a
waiver of any of the conditions, but the same shall remain in
full force and effect. No waiver of any of the provisions of
this Agreement shall be deemed, or shall constitute, a waiver
of any other provisions, whether or not similar, nor shall any
waiver constitute a continuing waiver.
d. NOTICES. All notices hereunder are to be made in writing and
shall be given: if to AFLIC, to:
Name: Xxxxxx X. Xxxxxxxxx
Title: Vice President
Address: 0000 Xxxxxxxx Xxxxxxx, Xxxxxxx, Xxxxxxxxx 00000
with a copy to:
Name: Xxxxx Xxxxxx
Title: Assistant General Counsel
Address: 0000 Xxxxxxxx Xxxxxxx, Xxxxxxx, Xxxxxxxxx 00000
if to Distributor, to:
Name: Xxx Xxxxxx Ash
Title: Compliance Director
Address: 0000 Xxxxxxxx Xxxxxxx, Xxxxxxx, Xxxxxxxxx 00000
with a copy to:
Name: Xxxxxxx Xxxx Xxxxxx
Title: Legal Counsel
Address: 0000 Xxxxxxxx Xxxxxxx, Xxxxxxx, Xxxxxxxxx 00000
or such other address as such party may hereafter specify in
writing.
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Each such notice to a party shall be either hand delivered or
transmitted by registered or certified United States mail with
return receipt requested, or by overnight mail by a nationally
recognized courier, and shall be effective upon delivery.
e. INTERPRETATION; JURISDICTION. This Agreement constitutes the
whole agreement between the parties hereto with respect to the
subject matter hereof, and supersedes all prior oral or
written understandings, agreements or negotiations between the
parties with respect to such subject matter. No prior writings
by or between the parties with respect to the subject
matter hereof shall be used by either party in connection with
the interpretation of any provision of this Agreement. This
Agreement is made in the State of Wisconsin, and all questions
concerning its validity, construction or otherwise shall be
determined under the laws of Wisconsin without giving effect
to principals of conflict of laws.
f. SEVERABILITY. This is a severable Agreement. In the event that
any provision of this Agreement would require a party to take
action prohibited by applicable federal or state law or
prohibit a party from taking action required by applicable
federal or state law, then it is the intention of the parties
hereto that such provision shall be enforced to the extent
permitted under the law, and, in any event, that all other
provisions of this Agreement shall remain valid and duly
enforceable as if the provision at issue had never been a part
hereof.
g. SECTION AND OTHER HEADINGS. The headings in this Agreement
are included for convenience of reference only and in no way
define or delineate any of the provisions hereof or otherwise
affect their construction or effect.
h. COUNTERPARTS. This Agreement may be executed in two or more
counterparts, each of which taken together shall constitute
one and the same instrument.
i. REGULATION. This Agreement shall be subject to the provisions
of the 1933 Act, 1934 Act, and 1940 Act and the regulations
thereunder and the rules and regulations of the NASD, from
time to time in effect, including such exemptions from the
1940 Act as the SEC may grant, and the terms hereof shall
be interpreted and construed in accordance therewith.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed by such authorized officers on the date specified above.
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AMERICAN FAMILY LIFE INSURANCE COMPANY
AFLIC
By: ______________________________
Name:
Title:
AMERICAN FAMILY SECURITIES, LLC
Distributor
By: ______________________________
Name:
Title:
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SCHEDULE 1
For purposes of the Distribution Agreement between AFLIC and Distributor entered
into on the ____day of _________, 2000, the separate accounts are as follows:
American Family Variable Account I
American Family Variable Account II
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SCHEDULE 2
For purposes of the Distribution Agreement between AFLIC and Distributor entered
into on the ____day of _________, 2000, the variable products are as follows:
American Family Flexible Premium Variable Annuity Contract
American Family Flexible Premium Variable Universal Life Insurance Policy
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