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EXHIBIT 8(h)(2)
AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT
THIS AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT (the "Amendment") is effective
as of July 17, 1998, by and among THE VARIABLE ANNUITY LIFE INSURANCE COMPANY
(the "Company") and THE VANGUARD GROUP, INC. (the "Adviser").
RECITALS
WHEREAS, the Company, the Adviser and certain Funds are parties to that
Participation Agreement dated May 18, 1996 (the "Agreement") in connection with
the participation by the Funds in Contracts offered by the Company; and
WHEREAS, the Company and the Adviser desire to limit the parties to the
Agreement and desire to list new Funds under the Agreement;
NOW, THEREFORE, in consideration of the mutual promises set forth herein,
the Company and the Adviser agree as follows:
The parties to the Agreement hereafter shall be the Company and the
Adviser, and shall not require that each Fund under the Agreement be a party to
the Agreement.
The Adviser shall uphold the representations made by the Funds in the
Agreement.
Schedules A and B shall be combined into said Schedule A, and Schedule A to
this Amendment shall replace the Schedule A and Schedule B to the Agreement.
Schedule A will list the Vanguard Funds and Portfolios to be used as
funding vehicles by the Company under the Agreement.
IN WITNESS WHEREOF, the undersigned have executed this Amendment No. 1
effective the day and year first above written.
THE VARIABLE ANNUITY THE VANGUARD GROUP, INC.
LIFE INSURANCE COMPANY
By: /s/ XXXXXXX X. XXXXX By: /s/ XXXXXX XXXXXXX
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Xxxxxxx X. Xxxxx Xxxxxx Xxxxxxx
Senior Vice President, Principal - Legal
General Counsel and Secretary
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SCHEDULE A
VANGUARD / WELLINGTON FUND
VANGUARD / WINDSOR II
VANGUARD FIXED INCOME SECURITIES FUND, INC.
Long-Term Corporate Portfolio
Long-Term U.S. Treasury Portfolio
VANGUARD STAR FUND
Vanguard LifeStrategy Growth Portfolio
Vanguard LifeStrategy Moderate Growth Portfolio
Vanguard LifeStrategy Conservative Growth Portfolio
o Each Vanguard Fund is organized as a Delaware Business Trust
o Notices may be sent to the Funds at:
The Vanguard Group, Inc., Xxxx Xxxxxx Xxx 0000, Xxxxxx Xxxxx, XX 00000,
(for overnight delivery)
The Vanguard Group, Inc., 000 Xxxxxxxx Xxxxxxxxx, Xxxxxxx, XX 00000
