0000891804-14-000472 Sample Contracts

FUND PARTICIPATION AND SERVICE AGREEMENT
Fund Participation and Service Agreement • April 30th, 2014 • SBL Variable Annuity Account Xiv • New York

Security Benefit Life Insurance Company (“Insurance Company”), for itself and on behalf of one or more separate accounts of the Insurance Company (“Separate Accounts”), American Funds Distributors, Inc. (“AFD”), American Funds Service Company (“Transfer Agent”), Capital Research and Management Company (“CRMC”), and the American Funds Insurance Series (the “Series”), an open-end investment company for which AFD, CRMC and Transfer Agent provide services and which is divided into funds (hereinafter collectively called the “Funds” and, individually, a “Fund”), for good and valuable consideration, hereby agree on this 3rd day of February 2014, that Class 4 shares of the Funds (“Class 4 Shares”) and Class P2 shares of the Funds (“Class P2 Shares” and together with Class 4 Shares, the “shares”) shall be made available to serve as underlying investment media for certain variable annuity contracts (hereinafter called “Contract(s)”; holders of such Contracts hereinafter called “Contractholder(s)

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PARTICIPATION AGREEMENT Security Benefit Life Insurance Company
Participation Agreement • April 30th, 2014 • SBL Variable Annuity Account Xiv • Kansas

This Participation Agreement (“Agreement”), dated as of the 25th day of August, 2010, is made by and between SECURITY BENEFIT LIFE INSURANCE COMPANY (“Company”), on behalf of itself and each of the separate accounts identified on Exhibit A, which is attached hereto, as the parties hereto may update from time to time for the convenience of the parties, (“Accounts”), WADDELL & REED, INC. (“W&R”), distributor for Ivy Funds Variable Insurance Portfolios, and IVY FUNDS VARIABLE INSURANCE PORTFOLIOS (“Ivy Funds VIP”).

FUND PARTICIPATION AGREEMENT
Fund Participation Agreement • April 30th, 2014 • SBL Variable Annuity Account Xiv • Delaware

This Fund Participation Agreement (the “Agreement”) is made this 12th day of February, 2014 by and among SEI Insurance Products Trust, a Delaware statutory trust (the “Trust”), on its own behalf and on behalf of each of the series of portfolios set forth on Schedule A (each a “Fund” and collectively, the “Funds”), SEI Investments Distribution Co., a Pennsylvania corporation (“Distributor”), solely with respect to Section 4.1 SEI Investments Management Corporation (“SIMC”), and Security Benefit Life Insurance Company, a stock life insurance company organized under the laws of the state of Kansas (“Company”), on its own behalf and on behalf of each separate account of the Company set forth on Schedule B, as may be amended from time to time for the convenience of the parties (each an “Account” and collectively the “Accounts”).

PARTICIPATION AGREEMENT Among VAN ECK VIP TRUST, VAN ECK SECURITIES CORPORATION, VAN ECK ASSOCIATES CORPORATION and SECURITY BENEFIT LIFE INSURANCE COMPANY
Participation Agreement • April 30th, 2014 • SBL Variable Annuity Account Xiv • New York

THIS AGREEMENT, made and entered into to be effective on February 1, 2011, by and among SECURITY BENEFIT LIFE INSURANCE COMPANY (hereinafter the “Company”), a Kansas corporation, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A hereto and incorporated herein by this reference, as such Schedule A may from time to time be updated for the convenience of the parties hereto (each such account hereinafter referred to as the “Account”), and VAN ECK VIP TRUST, an unincorporated business trust organized under the laws of the Commonwealth of Massachusetts (hereinafter the “Fund”), VAN ECK SECURITIES CORPORATION (hereinafter the “Underwriter”), a Delaware corporation and VAN ECK ASSOCIATES CORPORATION (hereinafter the “Adviser”), a Delaware corporation.

PARTICIPATION AGREEMENT Among Security Benefit Life Insurance Company, Eaton Vance Variable Trust, and Eaton Vance Distributors, Inc.
Participation Agreement • April 30th, 2014 • SBL Variable Annuity Account Xiv • Massachusetts
PARTICIPATION AGREEMENT Among SBL Fund, Rydex Distributors, LLC And Security Benefit Life Insurance Company
Participation Agreement • April 30th, 2014 • SBL Variable Annuity Account Xiv • Kansas

THIS AGREEMENT, made and entered into as of this 22nd day of December, 2011 by and among Security Benefit Life Insurance Company (hereinafter the "Company"), a Kansas corporation, on its own behalf and on behalf of each Account (defined below), SBL FUND, a Kansas corporation and RYDEX DISTRIBUTORS, LLC (hereinafter the “Underwriter”), a Kansas limited liability company.

AMERICAN FUNDS RULE 22c-2 AGREEMENT
American Funds Rule • April 30th, 2014 • SBL Variable Annuity Account Xiv

WHEREAS, American Funds Service Company (“AFS”) serves as transfer agent for the American Funds group of mutual funds (the “Funds”);

PARTICIPATION AGREEMENT Among Security Benefit Life Insurance Company, Potomac Insurance Trust, and Rafferty Asset Management, LLC
Participation Agreement • April 30th, 2014 • SBL Variable Annuity Account Xiv • Kansas

THIS AGREEMENT, dated as of the 30th day of April, 2004, by and among Security Benefit Life Insurance Company, (the “Company”), a stock life insurance company organized under the laws of the State of Kansas, on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A hereto, as may be amended from time to time (each an “Account”), Potomac Insurance Trust (the “Fund”), a Massachusetts business trust, and Rafferty Asset Management, LLC(the “Adviser”), a New York limited liability company.

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