Exhibit 8
May 13, 2003
Mr. Xxxxx Xxxxx
Vice President
SAFECO Asset Management Company
Two Union Square, 000 Xxxxx Xxxxxx, Xxxxx 0000
Xxxxxxx, XX 00000
Re: Amendment to Participation Agreement and Schedules
Dear Xx. Xxxxx:
Enclosed please find an amended Schedule B, effective June 2, 2003, to
our participation agreement dated May 1, 1997, as amended from time to time,
with SAFECO Resource Series Trust, SAFECO Asset Management Company, and SAFECO
Securities, Inc. (the "Agreement").
The amended Schedule B reflects additional Designated Portfolios
available under the Schwab Select Annuity and Schwab Signature Annuity. Amended
Schedule B shall replace in its entirety the existing Schedule B.
The Agreement and Schedules otherwise remain unchanged and shall
continue in full force and effect.
In the space provided below, please acknowledge your agreement to the
foregoing.
Very truly yours,
Great-West Life & Annuity Insurance Company
By: _________________________________
Xxxxx X. Xxxxxxx
Vice President, Financial Institution Markets
Xxxxxxx Xxxxxx & Co., Inc.
By: _________________________________
Xxxx X. Xxxxxxx
Vice President, Partner Relations
ACKNOWLEDGED AND AGREED TO:
SAFECO Resource Series Trust
By: __________________________
Title: _________________________
Date: _________________________
SAFECO Asset Management Company
By: __________________________
Title: _________________________
Date: _________________________
SAFECO Securities, Inc.
By: ____________________________
Title: __________________________
Date: __________________________
cc: X. Xxxxx, Esq.
Great-West Life & Annuity Insurance Company
X. Xxxxx, Esq. E. O'Xxxxxxx
Xxxxxxx Xxxxxx & Co., Inc.
SCHEDULE B
Designated Portfolios
[Schwab Select Annuity]
SAFECO RST Equity Portfolio
SAFECO RST Growth Opportunities Portfolio
SAFECO RST Small Company Value Portfolio
[Schwab Signature Annuity]
SAFECO RST Equity Portfolio
SAFECO RST Small Company Value Portfolio