EXHIBIT (8)(g)(ii)
THIRD AMENDMENT
TO
PARTICIPATION AGREEMENT
AMONG AMERICAN GENERAL LIFE INSURANCE COMPANY,
AMERICAN GENERAL SECURITIES INCORPORATED,
SAFECO RESOURCE SERIES TRUST, AND
SAFECO SECURITIES, INC.
THIS THIRD AMENDMENT TO PARTICIPATION AGREEMENT ("Amendment") dated as of
February 1, 2000, amends the Participation Agreement dated as of April 1, 1998
(the "Agreement") among AMERICAN GENERAL LIFE INSURANCE COMPANY ("AGL") ON ITS
OWN BEHALF AND ON BEHALF OF EACH SEPARATE ACCOUNT OF AGL (EACH A "SEPARATE
ACCOUNT") SET FORTH ON SCHEDULE A of the Agreement attached hereto and
incorporated herein (as same may be amended from time to time ("Schedule A")
AMERICAN GENERAL SECURITIES INCORPORATED ("AGSI"), SAFECO RESOURCE SERIES TRUST
(the "Fund") and SAFECO SECURITIES, INC. (the "Distributor") collectively, the
"Parties." All capitalized terms not otherwise defined in this Amendment, shall
have the same meaning as ascribed in the Agreement.
WITNESSETH THAT:
WHEREAS, pursuant to the Agreement shares of the Fund's Equity Portfolio and
Growth Portfolio (the "Series"; reference herein to the "Fund" includes
reference to each of the foregoing Series to the extent the context requires)
are made available by the Distributor to serve as underlying investment media
for those variable life insurance policies and variable annuity contracts of
AGL that are described on Schedule A (the "Policies") and are offered through
AGSI.
WHEREAS, the Distributor and the Fund desire that shares of the series also be
made available by the Distributor to serve as underlying investment media for
AGL's Platinum Investor Survivor Variable Life Insurance Policies ("Platinum
Survivor") to be offered through AGSI; and
NOW, THEREFORE, in consideration of the mutual benefits and promises contained
herein, the parties agree as follows:
1. The Agreement shall be amended to include Schedule A in the form attached
hereto and incorporated herein.
2. Except as amended hereby, the Agreement and the First Amendment to the
Agreement dated as of April 1, 1998 are hereby ratified in all respects.
Page 1 of 4
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed
in its name and on its behalf by its duly authorized representative hereto as of
the date specified above.
AMERICAN GENERAL LIFE INSURANCE COMPANY, on behalf of itself and each of its
Separate Accounts named in Schedule A hereto, as amended from time to time.
By:____________________________
AMERICAN GENERAL SECURITIES INCORPORATED
By:____________________________
SAFECO RESOURCE SERIES TRUST
By:____________________________
SAFECO SECURITIES, INC.
By:_____________________________
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SCHEDULE A
----------
POLICIES AND SEPARATE ACCOUNTS
------------------------------
(AS OF FEBRUARY 1, 2000)
NAME OF SEPARATE ACCOUNTS AND REGISTRATION NUMBERS AND NAMES OF POLICIES FUNDED BY
DATE ESTABLISHED BY BOARD OF DIRECTORS SEPARATE ACCOUNTS
- -------------------------------------- -----------------------------------------------------
Registration Nos. Name of Contract
(if available) ----------------
--------------
1. American General Life Insurance Company 333-42567 Platinum Investor I and
Separate Account VL-R 811-08561 Platinum Investor II Variable Life
Insurance Policies (Contract Form
Nos. 97600 and 97610)
333-80191 Corporate America-Variable
811-08561 Life Insurance Policies
(Contract Form No. 99301)
333-90787 Platinum Investor Survivor
811-08561 Variable Life Insurance Policies
(Contract Form No. 99206)
2. American General Life Insurance Company 333-70667 Platinum Investor Variable
Separate Account D 811-02441 Annuity Contract (Contract Form
No. 98202)