0000917677-01-500107 Sample Contracts

Administrative and Shareholder Services Agreement
Services Agreement • December 19th, 2001 • Security Life Separate Account L1 • Delaware

This Agreement is made as of the 1st day of May 2001, by and between ING Pilgrim Group, LLC (the "Administrator") and Security Life of Denver Insurance Company ("Company"), collectively, the "Parties."

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May 1, 2001 Mr. Lawrence D. Taylor Senior Vice President Product Management Security Life of Denver Insurance Company 1290 Broadway Denver, Colorado 80203 Dear Mr. Taylor:
Security Life Separate Account L1 • December 19th, 2001 • Colorado

This letter sets forth the agreement between Security Life of Denver Insurance Company (the "Company"), and Janus Capital Corporation (the "Adviser"), concerning certain administrative services.

SCHEDULE N COMPENSATION SCHEDULE TO SELLING AGREEMENT FOR SECURITY LIFE STRATEGIC INVESTOR VARIABLE LIFE INSURANCE POLICIES
Selling Agreement • December 19th, 2001 • Security Life Separate Account L1

This Schedule is an attachment to the ING AMERICA EQUITIES, INC. ("ING America Equities") Selling Agreement by and among the parties pursuant to paragraph 17 of that Selling Agreement effective as of January 4, 2002, or the date the Selling Agreement is made effective by Security Life, whichever is later. The provisions of this Schedule shall apply only to Security Life Strategic Investor Flexible Premium Variable Universal Life policies solicited and issued while this Schedule is in effect. All compensation payable under this Schedule shall be subject to the terms and conditions contained herein at the time of issue of the policy by SECURITY LIFE OF DENVER INSURANCE COMPANY ("Security Life").

AMENDMENT TO PARTICIPATION AGREEMENT
Participation Agreement • December 19th, 2001 • Security Life Separate Account L1

THIS AGREEMENT is made by and among Security Life of Denver Insurance Company, a life insurance company organized under the laws of the State of Colorado (the "Company"), Variable Insurance Products Fund, an unincorporated business trust organized under the laws of the Commonwealth of Massachusetts (the "Fund"), and Fidelity Distributors Corporation, a Massachusetts corporation (the "Underwriter") (collectively, the "Parties").

AMENDMENT NO. 1 EXPENSE ALLOCATION AGREEMENT
Expense Allocation Agreement • December 19th, 2001 • Security Life Separate Account L1

The Expense Allocation Agreement (the "Agreement"), dated August 25, 1998 by and among Security Life of Denver ("Security Life"), A I M Advisors, Inc. ("AIM Advisors") and A I M Distributors, Inc. ("AIM Distributors") (collectively the "Parties"), is hereby amended as follows:

AMENDMENT TO PARTICIPATION AGREEMENT
Participation Agreement • December 19th, 2001 • Security Life Separate Account L1

THIS AGREEMENT is made by and among Security Life of Denver Insurance Company, a life insurance company organized under the laws of the State of Colorado (the "Company"), Variable Insurance Products Fund II, an unincorporated business trust organized under the laws of the Commonwealth of Massachusetts (the "Fund"), and Fidelity Distributors Corporation, a Massachusetts corporation (the "Underwriter") (collectively, the "Parties").

AMENDMENT NO. 6 PARTICIPATION AGREEMENT
Participation Agreement • December 19th, 2001 • Security Life Separate Account L1

The Participation Agreement (the "Agreement"), dated December 3, 1997, by and among AIM Variable Insurance Funds, (formerly AIM Variable Insurance Funds, Inc.), a Delaware trust, Security Life of Denver Insurance Company, a Colorado life Insurance company and ING America Equities, Inc., a Colorado corporation, is hereby amended as follows:

SEVENTH AMENDMENT TO PARTICIPATION AGREEMENT
Participation Agreement • December 19th, 2001 • Security Life Separate Account L1

THIS AGREEMENT is made by and among Security Life of Denver Insurance Company, a life insurance company organized under the laws of the State of Colorado ("Insurance Company"), INVESCO Variable Investment Funds, Inc., a Maryland corporation (the "Company"), and INVESCO Funds Group, Inc., a Delaware corporation ("INVESCO") (collectively, the "Parties).

AMENDMENT TO JANUS ASPEN SERIES FUND PARTICIPATION AGREEMENT (Service Shares)
Security Life Separate Account L1 • December 19th, 2001

THIS AMENDMENT is made this 7th day of November, 2001 between JANUS ASPEN SERIES, an open-end management investment company organized as a Delaware business trust (the "Trust"), and SECURITY LIFE OF DENVER INSURANCE COMPANY, a life insurance company organized under the laws of the State of Colorado (the "Company"), on its own behalf and on behalf of each segregated asset account of the Company set forth on Schedule A, as may be amended from time to time (the "Accounts").

AMENDMENT TO PARTICIPATION AGREEMENT
Participation Agreement • December 19th, 2001 • Security Life Separate Account L1

THIS AGREEMENT is made by and among Security Life of Denver Insurance Company, a life insurance company organized under the laws of the State of Colorado (the "Company"), and Pilgrim Variable Products Trust, an open-end management investment company and business trust organized under the laws of Massachusetts (the "Trust"), and ING Pilgrim Securities, Inc., collectively, the Parties.

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