___________________, 2000 AMENDMENT TO
PARTICIPATION AGREEMENT AMONG
THE ALGER AMERICAN FUND,
FRED ALGER MANAGEMENT, INC., and
RELIASTAR LIFE INSURANCE COMPANY
This amendment to the August 8, 1997 Participation Agreement, among The
Alger American Fund, Fred Alger Management, Inc., and ReliaStar Life insurance
Company is made for the purpose of modifying Schedules A and B thereto by
incorporating all of the following asset accounts to Schedule A therein:
ReliaStar Select*Life Variable Account: Select*Life II
Select*Life III
Variable Estate Design (formerly SVUL)
FlexDesign
Accumulation SVUL
ReliaStar Select Variable Account: Select*Annuity III
And by including all portfolios of The Alger American Fund in Schedule B,
thereby making all of them available to all asset accounts listed in Schedule A,
as amended, to-wit:
The Alger American Fund
-Alger American Balanced Portfolio
-Alger American Income & Growth Portfolio
-Alger American Small Capitalization Portfolio
-Alger American Growth Portfolio
-Alger American MidCap Growth Portfolio
-Alger American Leveraged AllCap Portfolio
IN WITNESS WHEREOF, each of the parties hereto has caused this
Agreement to be executed in its name and on its behalf by its duly authorized
representative as of this date, ___________________, 2000.
THE ALGER AMERICAN FUND
By:_____________________________
Name:___________________________
Title:__________________________
FRED ALGER MANAGEMENT, INC.
By:_____________________________
Name:___________________________
Title:__________________________
RELIASTAR LIFE INSURANCE COMPANY
By:_____________________________
Name:___________________________
Title:__________________________
RELIASTAR LIFE INSURANCE COMPANY
By:_____________________________
Name:___________________________
Title:__________________________