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EXHIBIT (8)(h)(1)
AMENDMENT NO. 2 TO JANUS ASPEN SERIES
FUND PARTICIPATION AGREEMENT
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AMENDMENT NO. 2 TO
JANUS ASPEN SERIES
FUND PARTICIPATION AGREEMENT
(Service Shares)
Amendment No. 2 to the Participation Agreement between Janus Aspen Series
(the "Trust") and PFL Life Insurance Company (the "Company") dated April 6,
2000.
IT IS HEREBY AGREED that Section 3.8 of the Fund Participation Agreement
dated April 6, 2000 is hereby amended to read as follows:
"The Trust's Service Shares currently intend to make payments to finance
distribution expenses pursuant to Rule 12b-1 under the 1940 Act or
otherwise, although they may discontinue such payments in the future. To
the extent that the Trust decides to finance distribution expenses for the
Service Shares pursuant to Rule 12b-1, the Trust undertakes to have a board
of trustees, a majority of whom are not interested persons of the Trust,
formulate and approve any plan under Rule 12b-1 to finance distribution
expenses."
IT IS HEREBY FURTHER AGREED that Schedule A to the Participation Agreement
is hereby amended to add the Accounts and the Contracts.
IN WITNESS WHEREOF, the parties have caused their duly authorized officers
to execute this Participation Agreement as of September 15, 2000.
JANUS ASPEN SERIES PFL LIFE INSURANCE COMPANY
By: /s/ Bonnie M. Howe By: /s/ Larry N. Norman
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Name: Bonnie M. Howe Name: Larry N. Norman
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Title: Vice President Title: President
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Schedule A
Separate Accounts and Associated Contracts
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<TABLE>
<CAPTION>
Contracts Funded
Name of Separate Account By Separate Account
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<S> <C>
PFL Life Variable Annuity Account A PFL Life Insurance Company Policy
Form No. AV337 101 100397 (Atlas
Portfolio Builder Variable Annuity)
PFL Life Variable Annuity Account E PFL Life Insurance Company Policy
Form No. AV288 101 95 796 (Privilege Select
Variable Annuity)
PFL Life Variable Annuity Account C PFL Life Insurance Company Individual Policy Form
No. AV464 101 121 799 (Extra Variable Annuity)
PFL Life Insurance Company Group Contract Form No.
AV432 101 114 199CRT (Extra Variable Annuity)
PFL Life Variable Annuity Account D PFL Life Insurance Company Individual Policy Form
No. AV474 101 122 1099 (Access Variable Annuity)
PFL Life Insurance Company Group Contract Form No.
AV432 101 114 199CRT (Access Variable Annuity)
PFL Endeavor VA Separate Account PFL Life Insurance Company Policy
Form No. AV494 101 124 100 (Endeavor
and Endeavor ML Variable Annuity)
PFL Life Insurance Company Policy Form No. AV400
101 107 198 (Endeavor Platinum Variable Annuity)
</TABLE>
All other terms and provisions of the Agreement not amended herein shall
remain in full force and effect. In the event of a conflict between the
Agreement and this Amendment, it is understood and agreed that the provisions of
this Amendment shall control.
