EXHIBIT (8)(n)(1)
AMENDMENT NO. 1 TO
ALLIANCE PARTICIPATION AGREEMENT
AMENDMENT NO. 1
TO
PARTICIPATION AGREEMENT
The Participation Agreement (the "Agreement"), dated as of May 1, 2000, between
PFL LIFE INSURANCE COMPANY ("Insurer"); AFSG SECURITIES CORPORATION ("Contracts
Distributor"); ALLIANCE CAPITAL MANAGEMENT L.P. ("Adviser"); and ALLIANCE FUND
DISTRIBUTORS, INC. ("Distributor"), is hereby amended as follows:
The first Recital paragraph shall be amended to read as follows:
WHEREAS Insurer, the Distributor, and Alliance Variable Products Series
Fund, Inc. (the "Fund") desire that Class B Shares of the Fund's Portfolios (the
"Portfolios"; reference herein to the "Fund" includes reference to each
Portfolio to the extent the context requires) be made available by Distributor
to serve as underlying investment media for those combination fixed and variable
annuity contracts of Insurer (the "Contracts") that are the subject of Insurer's
Form N-4 registration statements filed with the Securities and Exchange
Commission (the "SEC"), to be offered through Contracts Distributor and other
registered broker-dealer firms as agreed to by Insurer and Contracts
Distributor, which Portfolios and Contracts are listed in Schedule A hereto and
made a part of this Agreement, as it may be amended from time to time by mutual
written agreement.
All other terms and provisions of the Agreement not amended herein shall
remain in full force and effect.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed
in their names and on their behalf by and through their duly authorized officers
as of December 27, 2000.
PFL LIFE INSURANCE COMPANY ALLIANCE CAPITAL MANAGEMENT L.P.
By: Alliance Capital Management Corporation,
its General Partner
By: /s/ Xxxxx X. Xxxxxx By: /s/ Xxxxxx X. Xxxxxx, Xx.
--------------------------- ---------------------------------------
Name: Xxxxx X. Xxxxxx Name: Xxxxxx X. Xxxxxx, Xx.
------------------------- -------------------------------------
Title: President Title: Vice President
------------------------ ------------------------------------
AFSG SECURITIES CORPORATION ALLIANCE FUND DISTRIBUTORS, INC.
By: /s/ Xxxxx X. Xxxxxx By: /s/ Xxxxxxx X. Xxxxx
--------------------------- ---------------------------------------
Name: Xxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxx
------------------------- -------------------------------------
Title: President Title: Managing Director, SVP
------------------------ ------------------------------------
SCHEDULE A
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SEPARATE ACCOUNTS, CONTRACTS AND PORTFOLIOS
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Name of Separate Account
and Date Established by the SEC File Numbers of the
Board of Directors Contracts Funded Portfolios
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PFL Life Variable Annuity 33 Act File No. 333-26209 Growth Portfolio
Account A 40 Act File No. 811-08197 Premier Growth Portfolio
February 17, 1997 Technology Portfolio
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PFL Retirement Builder 33 Act File No. 333-07509 Premier Growth Portfolio
Variable Annuity Account 40 Act File No. 811-07689 Technology Portfolio
March 29, 1996
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