AMENDMENT NO. 1 TO
PARTICIPATION AGREEMENT
BY AND AMONG
AIM VARIABLE INSURANCE FUNDS, INC.,
A I M DISTRIBUTORS, INC.,
RELIASTAR LIFE INSURANCE COMPANY,
ON BEHALF OF ITSELF AND ITS SEPARATE ACCOUNTS,
AND
WASHINGTON SQUARE SECURITIES, INC.
THIS AMENDMENT NO. 1 TO THE PARTICIPATION AGREEMENT ("Amendment") is made and
entered into this _____ day of _______________, 2000 by and among AIM Variable
Insurance Funds, Inc. ("AVIF"); A I M Distributors, Inc. ("AIM"); ReliaStar Life
Insurance Company, on behalf of itself and its separate accounts ("Life
Company"); and Washington Square Securities, Inc. ("Underwriter") (collectively,
the "Parties").
WHEREAS, AVIF, AIM, the Life Company, and the Underwriter are parties to the
Participation Agreement dated March 27, 2000 (the "Agreement"); and
WHEREAS, each of the parties desire to amend the Agreement to permit the Company
to offer the Fund through the Company's variable life insurance policies and
variable annuity contracts which have separate accounts using the Fund as the
investment vehicle for said separate accounts. AVIF, AIM, the Company, and the
Underwriter hereby agree to amend Schedule A of the Agreement by inserting the
following in its entirety:
CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS
Accumulation SVUL
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
signing below.
AIM VARIABLE INSURANCE FUNDS, INC.
Attest: __________________________ By: ______________________________________
Name: ____________________________ Name: ____________________________________
Title: ___________________________ Title: ___________________________________
A I M DISTRIBUTORS, INC.
Attest: __________________________ By: ______________________________________
Name: ____________________________ Name: ____________________________________
Title: ___________________________ Title: ___________________________________
RELIASTAR LIFE INSURANCE COMPANY, on
behalf of itself and its separate accounts
Attest: __________________________ By: ______________________________________
Name: ____________________________ Name: ____________________________________
Title: ___________________________ Title: ___________________________________
WASHINGTON SQUARE SECURITIES, INC.
Attest: __________________________ By: ______________________________________
Name: ____________________________ Name: ____________________________________
Title: ___________________________ Title: ___________________________________
<PAGE>
SCHEDULE A
FUNDS AVAILABLE UNDER THE CONTRACTS
AIM VARIABLE INSURANCE FUNDS
AIM V.I. Dent Demographic Trends Fund
SEPARATE ACCOUNTS UTILIZING THE FUNDS
ReliaStar Select Variable Account
ReliaStar Select*Life Variable Account
CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS
Select*Annuity III
Advantage SE Variable Annuity
Select*Life II
Select*Life III
Variable Estate Design (formerly SVUL)
FlexDesign
Accumulation SVUL
