PARTICIPATION AGREEMENT Among Security Benefit Life Insurance Company, Transparent Value Trust, and Guggenheim Partners Investment Management, LLCParticipation Agreement • April 30th, 2015 • SBL Variable Annuity Account Xiv • Kansas
PARTICIPATION AGREEMENTParticipation Agreement • April 30th, 2015 • 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.
PARTICIPATION AGREEMENTParticipation Agreement • April 30th, 2015 • SBL Variable Annuity Account Xiv • California
Marketing Organization: Effective Date:Marketing Organization Agreement • April 30th, 2015 • SBL Variable Annuity Account Xiv
COMMISSIONS - This Commission Schedule is hereby made a part of and amends your Marketing Organization Agreement (hereinafter called the “Agreement”), with Security Distributors, Inc. (hereinafter called “SDI”), and commissions payable hereunder are subject to the provisions contained in the Agreement and this Commission Schedule. Minimum Purchase Payments are as set out in the applicable prospectus and Contract. Commissions to a Marketing Organization are equal to a percentage of each Purchase Payment written by Marketing Organization, as follows:
