EXHIBIT (8)(a)(iii) AMENDMENT NO. 2 PARTICIPATION AGREEMENT The Participation Agreement (the "Agreement"), dated June 1, 1999, by and among AIM Variable Insurance Funds, Inc., a Maryland corporation, A I M Distributors, Inc., a Delaware Corporation, American General Life Insurance Company, a Texas Life Insurance Company and American General Securities Incorporated, is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: SCHEDULE A - ------------------------------------------------------------------------------------------------------------ FUNDS AVAILABLE UNDER SEPARATE ACCOUNTS POLICIES/CONTRACTS FUNDED BY THE THE POLICIES UTILIZING SOME OR SEPARATE ACCOUNTS ALL OF THE FUNDS - ------------------------------------------------------------------------------------------------------------ AIM V.I. International American General Life Insurance . Platinum Investor I Flexible Premium Equity Fund Company Separate Account VL-R Life Insurance Policy AIM V.I. Value Fund Established: May 1, 1997 - Policy Form No. 97600 . Platinum Investor II Flexible Premium Life Insurance Policy - Policy Form No. 97610 . Corporate America Variable Flexible Premium Variable Life Insurance - Policy Form No. 99301 - ------------------------- ---------------------------------------------- AIM V.I. Value Fund . Legacy Plus Flexible Premium Life Insurance Policy - Policy Form No. 98615 - ------------------------------------------------------------------------------------------------------------ AIM V.I. International American General Life Insurance . Platinum Investor Variable Annuity Equity Fund Company Separate Account D - Policy Form No. 98020 AIM V.I. Value Fund Established: November 19, 1973 - ------------------------------------------------------------------------------------------------------------ All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: ------------------- AIM VARIABLE INSURANCE FUNDS, INC. Attest: By: --------------------------- ---------------------------- Name: Nancy L. Martin Name: Robert H. Graham Title: Assistant Secretary Title: President (SEAL) Page 1 of 2 A I M DISTRIBUTORS, INC. Attest: By: --------------------------- ---------------------------- Name: Nancy L. Martin Name: Michael J. Cemo Title: Assistant Secretary Title: President (SEAL) AMERICAN GENERAL LIFE INSURANCE COMPANY Attest: By: --------------------------- ---------------------------- Name: Name: --------------------------- ---------------------------- Title: Title: --------------------------- ---------------------------- (SEAL) AMERICAN GENERAL SECURITIES INCORPORATED Attest: By: --------------------------- ---------------------------- Name: Name: --------------------------- ---------------------------- Title: Title: --------------------------- ---------------------------- (SEAL) Page 2 of 2