EXHIBIT 1.A(8)(b)(v)
FIRST AMENDMENT TO PARTICIPATION AGREEMENT
THIS AGREEMENT is made by and among Security Life of Denver Insurance
Company, a life insurance company organized under the laws of the State of
Colorado ("Insurance Company"), Variable Insurance Products Fund, an
unincorporated business trust organized under the laws of the Commonwealth of
Massachusetts (the "Fund"), and Fidelity Distributors Corporation, a
Massachusetts corporation (the "Underwriter") (collectively, the "Parties").
WHEREAS, the Parties executed a participation agreement dated August 10,
1994 (the "Participation Agreement"), governing how shares of Fund's portfolios
are to be made available to certain variable life insurance and/or variable
annuity contracts (the "Contracts") offered by Insurance Company through certain
separate accounts (the "Separate Accounts").
WHEREAS, the various Contracts for which shares are purchased are listed in
Schedule A of the Participation Agreement and the various portfolios made
available to the Separate Accounts are listed in Schedule C;
WHEREAS, the Parties have agreed that it is in their interests to add two
additional Contracts funded by the Separate Accounts and two additional
portfolios made available to the Separate Accounts;
NOW, THEREFORE, in consideration of their mutual promises, Insurance
Company, Fund, and Underwriter agree as follows:
1. The Participation Agreement is hereby amended by substituting for the
original Schedule A an amended Schedule A in the form attached hereto which adds
the Strategic Advantage Variable Universal Life policy and the Fulcrum Fund
Variable Account to the list of Contracts funded by the Separate Accounts.
2. The Participation Agreement is hereby amended by substituting for the
original Schedule C an amended Schedule C in the form attached hereto which adds
the Xxxxx American Growth Portfolio and Xxxxx American Leveraged AllCap
Portfolio to the list of portfolios made available to the Separate Accounts.
Executed this day of February, 1995.
Variable Insurance Products Fund
ATTEST: BY: /s/ J. Xxxx Xxxxxxxx
Security Life of Denver Insurance Company
ATTEST: /s/ Xxxxxx X. Xxxxxx BY: /s/ Xxxxx Xxxxxxx
Fidelity Distributors Corporation
ATTEST: BY: /s/ Xxxx X. Xxxxx
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Schedule A
Separate Accounts and Associated Contracts
Name of Separate Account and Contracts Funded
Date Established by Board of Directors By Separate Account
Security Life Separate Account Al The Exchequer Variable Annuity
(November 3, 1993) (Flexible Premium Deferred Combination
Fixed and Variable Annuity Contract)
The Fulcrum Fund Variable Account
Security Life Separate Account LI First Line (Flexible Premium Variable
(November 3, 1993) Life Insurance Policy)
Strategic Advantage Variable Universal
Life (Flexible Premium Variable
Universal Life Insurance Policy)
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Schedule C
Other investment companies currently available under variable annuities or
variable life insurance issued by the Company:
Xxxxx American MidCap Growth Portfolio
Xxxxx American Small Capitalization Portfolio
Xxxxx American Growth Portfolio
Xxxxx American Leveraged AllCap Portfolio
INVESCO VIF High Yield Portfolio
INVESCO VIF Industrial Income Portfolio
INVESCO VIF Total Return Portfolio
INVESCO VIF Utilities Portfolio
Xxxxxxxxx and Xxxxxx Government Income Portfolio
Xxxxxxxxx and Xxxxxx Growth Portfolio
Xxxxxxxxx and Xxxxxx Limited Maturity Bond Portfolio
Xxxxxxxxx and Xxxxxx Partners Portfolio
Xxx Xxx Gold and Natural Resources Portfolio
Xxx Xxx Worldwide Balanced Portfolio
Fidelity Investments Variable Insurance Products Fund II
Asset Manager Portfolio
Index 500 Portfolio
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