Exhibit (8)(c)
AMENDMENT NO. 1
ADMINISTRATIVE SERVICES AGREEMENT
The Administrative Services Agreement (the "Agreement"), dated October 12,
1999, by and among Security Equity Life Insurance Company ("INSURER") and A I M
Advisors, Inc. ("AIM"), is hereby amended as follows:
Section E of Schedule A of the Agreement is hereby deleted in its entirety
and replaced with the following:
"E. FUND-RELATED CONTRACT OWNER SERVICES
INSURER agrees to print and distribute, in a timely manner,
prospectuses, statements of additional information, supplements
thereto, periodic reports and any other materials of the Fund required
by law or otherwise to be given to its shareholders, including, without
limitation, Contract owners investing in Portfolio shares, provided,
that with respect to proxy materials, INSURER shall bear the expenses
associated with (i) text composition, printing, mailing, distributing,
and tabulating proxy materials, including voting instruction
solicitation materials, sent to policy owners with respect to proxy
solicitations related to the Account or related to matters requested by
INSURER and agreed to by the Fund, (ii) making typesetting and other
customization changes to Fund proxy materials, which changes are
requested by INSURER and agreed to by the Fund, and (iii) mailing and
distributing Fund proxy materials. INSURER further agrees to provide
telephonic support for Contract owners, including, without limitation,
advice with respect to inquiries about the Fund and each Portfolio
thereof (not including information about performance or related to
sales), communicating with Contract owners about Fund (and Separate
Account) performance, and assisting with proxy solicitations,
specifically with respect to soliciting voting instructions from
Contract owners."
All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.
Effective Date: January 3, 2000
SECURITY EQUITY LIFE INSURANCE COMPANY
Attest: /s/ Xxxxxxxxxxx X. Xxxxxx By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------- ------------------------------
Name: Xxxxxxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxxx
Title: Secretary & General Counsel Title: Treasurer & Controller
(SEAL)
A I M ADVISORS, INC.
Attest: /s/ Xxxxx X. Xxxxxx By: /s/ Xxxxxx X. Xxxxxx
--------------------------- ---------------------
Name: Xxxxx X. Xxxxxx Name: Xxxxxx X. Xxxxxx
Title: Assistant Secretary Title: President
(SEAL)
S:AGR\2000WSA-Am-20.doc
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