CONSENT TO ASSIGNMENT
OF
PARTICIPATION AGREEMENT
RECITALS:
1) Summit Mutual Funds, Inc. ("Fund"), Ameritas Investment Corp.
("AIC"), Symetra Life Insurance Company ("Life Company") and Symetra
Securities, Inc. ("Underwriter") entered into a Participation Agreement,
effective October 1, 2006 ("Participation Agreement").
2) Pursuant to a change in the investment management of the Fund,
Xxxxxxx Distributors, Inc. ("CDI") has become the Distributor of the Fund,
replacing AIC, effective December 12, 2008.
3) Section 8 of the Participation Agreement provides that the
Participation Agreement may not be assigned except with the written consent of
each Party.
IN CONSIDERATION of the above, and of the mutual promises and conditions
set forth in the Participation Agreement and this Consent to Assignment, the
parties agree as follows:
1) The Fund, AIC, Life Company and Underwriter hereby consent to
the assignment of all of the rights and obligations of AIC under the
Participation Agreement to CDI, and CDI accepts such assignment.
2) All other provisions of the Participation Agreement, as
previously amended, shall remain unchanged.
3) The effective date of this Consent to Assignment shall be
December 12, 2008.
The Fund, AIC, Life Company, Underwriter and CDI have caused this Consent to
Assignment to be executed by the following authorized individuals for the
purposes expressed herein.
Summit Mutual Funds, Inc. Ameritas Investment Corp.
By: ____________________ By: ____________________
Print: ____________________ Print: ____________________
Title: ____________________ Title: ____________________
Symetra Life Insurance Company Symetra Securities, Inc.
By: ____________________ By: ____________________
Print: Xxxxx X. Xxxxxxxx Print: Xxxxx X. Xxxxxxxx
Title: Vice President Title: President
Xxxxxxx Distributors, Inc.
By: ____________________
Print: ____________________
Title: ____________________
