EXHIBIT 8(y)
FORM OF AMENDMENT TO PARTICIPATION AGREEMENT WITH SAFECO
EXHIBIT 8(y)
AMENDMENT NO. 2 TO THE TRUST PARTICIPATION AGREEMENT
The Trust Participation Agreement ("Amendment") that was entered into
as of the 9th day of July 1997 by and SAFECO Resource Series Trust, an
unincorporated business trust organized under the laws of the State of Delaware
("Trust"), SAFECO Asset Management Company, a Washington corporation
("Adviser"), and Indianapolis Life Insurance Company (successor in interest to
IL Annuity and Insurance Company) ("Life Company"), a stock life insurance
company organized under the laws of the State of Indiana, is hereby amended
effective as of June 30, 2003, as follows:
1. All references to IL Annuity and Insurance Company are hereby changed
to "Indianapolis Life Insurance Company" to reflect the statutory
merger of IL Annuity and Insurance Company with and into its parent,
Indianapolis Life Insurance Company.
2. Article X is hereby deleted and replaced with the following Article X:
Article X. NOTICES
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Any notice hereunder shall be given by registered or certified mail
return receipt requested to the other party at the address of such
party set forth below or at such other address as such party may from
time to time specify to the other party.
If to Life Company: Indianapolis Life Insurance Company
000 Xxxxx Xxxxxx Xxxxxx
Xxxxxx, Xxxxxx 00000
Attention: Xxxxxxx X. Xxxxxx, Vice President
and
Ameritas Life Insurance Corp.
0000 X Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
Attention: Xxxxx Xxxxxx
If to Trust: SAFECO Resource Series Trust
0000 Xxxxxxxx Xxxxxx, X.X.
Xxxxxxx, Xxxxxxxxxx 00000
Attention: Institutional Division
If to Adviser: SAFECO Asset Management Company
0000 Xxxxxxxx Xxxxxx, X.X.
Xxxxxxx, Xxxxxxxxxx 00000
Attention: Institutional Division
1
Notice shall be deemed given on the date of receipt by the
addressee as evidenced by the return receipt.
3. Schedule A is hereby deleted and replaced with the attached Schedule A.
4. Schedule B is hereby deleted and replaced with the attached Schedule A
IN WITNESS WHEREOF, the parties have entered into this Amendment as of June 30,
2003.
SAFECO RESOURCE SERIES TRUST SAFECO ASSET MANAGEMENT COMPANY
By:________________________________ By:________________________________
Name:______________________________ Name:______________________________
Title:_____________________________ Title:_____________________________
INDIANAPOLIS LIFE INSURANCE COMPANY
By:________________________________
Name:______________________________
Title:_____________________________
2
SCHEDULE A
SAFECO Resource Series Trust - Portfolios
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Equity Portfolio
Growth Opportunities Portfolio
Indianapolis Life Insurance Company - Variable Contracts
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Visionary Choice Variable Annuity
3
SCHEDULE B
SEPARATE ACCOUNTS AND SUB-ACCOUNTS SELECTED PORTFOLIOS
ILICO Separate Account 1
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Safeco Resource Equity Portfolio Sub-Account Equity Portfolio
Safeco Resource Growth Opportunities Growth Opportunities Portfolio
Portfolio Sub-Account
4
