FIRST AMENDMENT TO PARTICIPATION AGREEMENT
Farm Bureau Life Insurance Company, Variable Insurance Products Fund III and
Fidelity Distributors Corporation hereby amend the Participation Agreement
("Agreement") dated September 29, 1998, by doing the following:
1. Replacing Section 2.5 (b) in its entirety with the following:
"(b) With respect to Service Class shares and Service Class 2
shares, the Fund has adopted Rule 12b-1 Plans under which it makes
payments to finance distribution expenses. The Fund represents and
warrants that it has a board of trustees, a majority of whom are not
interested persons of the Fund, which has formulated and approved each
of its Rule 12b-1 Plans to finance distribution expenses of the Fund
and that any changes to the Fund's Rule 12b-1 Plans will be approved by
a similarly constituted board of trustees."
2. Replacing Schedule A in its entirety with the attached, revised
Schedule A.
IN WITNESS WHEREOF, the parties have hereto affixed their respective authorized
signatures, intending that this Amendment be effective as of the
25th day of September, 2001.
FARM BUREAU LIFE INSURANCE COMPANY
By: /s/ Xxxxxx X. Xxxxxx
Name: Xxxxxx X. Xxxxxx
Title: Vice President - Investment Administration
VARIABLE INSURANCE PRODUCTS FUND III
By: /s/ Xxxxxx Xxxxxx
Xxxxxx Xxxxxx
Treasurer
FIDELITY DISTRIBUTORS CORPORATION
By: /s/ Xxxx Xxxxxxx
Xxxx Xxxxxxx
Executive Vice President
SCHEDULE A
SEPARATE ACCOUNTS AND ASSOCIATED CONTRACTS
NAME OF SEPARATE ACCOUNT AND POLICY FORM NUMBERS OF CONTRACTS
DATE ESTABLISHED BY BOARD OF DIRECTORS FUNDED BY SEPARATE ACCOUNT
Farm Bureau Life Flexible Premium Variable
Variable Account - 3/3/87 Life Insurance Policy
No. 434-114 (0798)
Flexible Premium Last Survivor
Variable Life Insurance Policy
Farm Bureau Life Individual Flexible Premium Deferred
Annuity Account - 1/26/93 Variable Annuity Contract
No. 434-062 (0798)
