Exhibit 7(e)(ii)
ASSIGNMENT AMENDMENT
CUNA Mutual Life Insurance Company (formerly known as Lutheran Mutual Life
Insurance Company and Century Life of America) and The Lincoln National Life
Insurance Company, have in effect as of the date this Assignment Amendment is
executed the reinsurance treaties listed on Exhibit A, attached hereto and
incorporated herein by reference (the "Treaties"). The parties hereby agree as
follows:
1. Effective December 31, 2007: (a) CUNA Mutual Life Insurance Company assigns
the Treaties to CUNA Mutual Insurance Society; (b) any references to "CUNA
Mutual Life Insurance Company," "Century Life of America," or "Lutheran Mutual
Life Insurance Company" in any Treaty will be changed to "CUNA Mutual Insurance
Society"; and the Treaties will be deemed amended in accord with the foregoing.
The terms and conditions of the Treaties otherwise remain unchanged.
2. As of the consummation of the above-described assignment, the Treaties will
be deemed assumed by CUNA Mutual Insurance Society, and CUNA Mutual Insurance
Society will be bound by their terms and conditions as successor in interest to
CUNA Mutual Life Insurance Company.
Agreed to and accepted:
CUNA Mutual Insurance Society The Lincoln National Life Insurance
Company
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
--------------------------------- ------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: VP Assoc. General Counsel Title: SENIOR VP
Date: 12/14/07 Date: 12/11/2007
EXHIBIT A
TREATY
TREATY NUMBER EFFECTIVE DATE
------------- --------------
3114501 9/1/70
3114601 1/1/82
3114901 1/1/87
3115301 4/1/00