Common use of Value Fund Clause in Contracts

Value Fund. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: July 1, 1999 AIM VARIABLE INSURANCE FUNDS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Counsel Title: Executive Vice President (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Counsel Title: Executive Vice President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, a Maryland corporation, A I M Distributors, Inc., a Delaware corporation, The Guardian Insurance & Annuity Company, Inc., a Delaware life insurance company and Guardian Investor Services Corporation, a New York corporation, is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: AIM V.I. Capital Appreciation Fund Separate Account K • Park Avenue Life AIM V.I. Global Utilities Fund AIM V.I. Government Securities Fund AIM V.I. Value Fund Separate Account M • Park Avenue VUL Separate Account E • The Guardian Investor Retirement Asset Manager Variable Annuity Contract Separate Account N • Park Avenue VUL - Millennium Series • Park Avenue SVUL - Millennium Series Separate Account D • Value Guard II - Individual and Group Variable Annuity Contract Separate Account A • Guardian Investor Individual Variable Annuity Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: May 1, 2000 AIM VARIABLE INSURANCE FUNDS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President and Counsel Title: Executive Vice President, Equity Products (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President & Counsel Title: President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, a Delaware trust, A I M Distributors, Inc., a Delaware corporation, The Guardian Insurance & Annuity Company, Inc., a Delaware life insurance company and Guardian Investor Services Corporation, a New York corporation, is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: AIM V.I. Aggressive Growth Fund Separate Account K • Park Avenue Life AIM V.I. Capital Appreciation Fund AIM V.I. Global Utilities Fund AIM V.I. Government Securities Fund Separate Account M • Park Avenue VUL AIM V.I. Growth Fund AIM V.I. Value Fund Separate Account E • The Guardian Investor Retirement Asset Manager Variable Annuity Contract Separate Account N • Park Avenue VUL - Millennium Series • Park Avenue SVUL - Millennium Series Separate Account D • Value Guard II - Individual and Group Variable Annuity Contract Separate Account A • Guardian Investor Individual Variable Annuity Contract Separate Account F • Guardian Variable Annuity Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: August 1, 2000 AIM VARIABLE INSURANCE FUNDS Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President and Counsel Title: Executive Vice President, Equity Products (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President and Counsel Title: President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, a Delaware trust, A I M Distributors, Inc., a Delaware corporation, The Guardian Insurance & Annuity Company, Inc., a Delaware life insurance company and Guardian Investor Services Corporation, a New York corporation, is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: AIM V.I. Aggressive Growth Fund Separate Account K • Park Avenue Life AIM V.I. Capital Appreciation Fund • Park Avenue Life - Millennium Series AIM V.I. Global Utilities Fund AIM V.I. Government Securities Fund AIM V.I. Growth Fund AIM V.I. Value Fund Separate Account M • Park Avenue VUL Separate Account E • The Guardian Investor Retirement Asset Manager Variable Annuity Contract Separate Account N • Park Avenue VUL - Millennium Series • Park Avenue SVUL - Millennium Series Separate Account D • Value Guard II - Individual and Group Variable Annuity Contract Separate Account A • Guardian Investor Individual Variable Annuity Contract Separate Account F • Guardian Variable Annuity Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: December 1, 2000 AIM VARIABLE INSURANCE FUNDS Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Assistant Secretary Title: Senior Vice President (SEAL) A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: VP & Counsel Title: Executive Vice President Equity Products (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: VP & Counsel Title: President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, A I M Distributors, Inc., The Guardian Insurance and Annuity Company, Inc. and Guardian Investor Services Corporation, (collectively, the “Parties”) is hereby amended as follows. All capitalized terms not otherwise defined in this Amendment, shall have the same meaning as described in the Agreement.

Value Fund. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: July 1, 1999 AIM VARIABLE INSURANCE FUNDS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Counsel Title: Executive Vice President (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Counsel Title: Executive Vice President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, a Maryland corporation, A I M Distributors, Inc., a Delaware corporation, The Guardian Insurance & Annuity Company, Inc., a Delaware life insurance company and Guardian Investor Services Corporation, a New York corporation, is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: AIM V.I. Capital Appreciation Fund Separate Account K • Park Avenue Life AIM V.I. Global Utilities Fund AIM V.I. Government Securities Fund AIM V.I. Value Fund Separate Account M • Park Avenue VUL Separate Account E • The Guardian Investor Retirement Asset Manager Variable Annuity Contract Separate Account N • Park Avenue VUL - Millennium Series • Park Avenue SVUL - Millennium Series Separate Account D • Value Guard II - Individual and Group Variable Annuity Contract Separate Account A • Guardian Investor Individual Variable Annuity Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: May 1, 2000 AIM VARIABLE INSURANCE FUNDS, INC. 2001 Attest: /s/ P. ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: P. ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) A I M DISTRIBUTORS, INC. Attest: /s/ P. ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: P. ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President and Counsel Title: Executive Vice President, Equity Products (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President & Counsel Title: President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, a Delaware trust, A I M Distributors, Inc., a Delaware corporation, The Guardian Insurance & Annuity Company, Inc., a Delaware life insurance company and Guardian Investor Services Corporation, a New York corporation, is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: AIM V.I. Aggressive Growth Fund Separate Account K • Park Avenue Life AIM V.I. Capital Appreciation Fund AIM V.I. Global Utilities Fund AIM V.I. Government Securities Fund Separate Account M • Park Avenue VUL AIM V.I. Growth Fund AIM V.I. Value Fund Separate Account E • The Guardian Investor Retirement Asset Manager Variable Annuity Contract Separate Account N • Park Avenue VUL - Millennium Series • Park Avenue SVUL - Millennium Series Separate Account D • Value Guard II - Individual and Group Variable Annuity Contract Separate Account A • Guardian Investor Individual Variable Annuity Contract Separate Account F • Guardian Variable Annuity Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: August 1, 2000 AIM VARIABLE INSURANCE FUNDS Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Senior Counsel Title: Vice President, Retirement Products & Services (SEAL) By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Vice President and Senior Counsel Attest: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ By: /s/ Norton ▇. ▇▇▇▇, ▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Name: Norton ▇. ▇▇▇▇, ▇▇ Title: Senior Counsel Title: Assistant Vice President (SEAL) By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Assistant Secretary TitleApril 27, 2000 ▇▇▇ ▇▇▇▇ Sun Life Assurance Company of Canada (U.S.) , Clarendon Insurance Agency, Inc. ▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Suite 200 Boston MA 021116 Re: President Notice of Assignment and Consent Dear ▇▇. ▇▇▇▇, Sun Life Assurance Company of Canada (SEALU.S.) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INCClarendon Insurance Agency, Inc. and AIM Variable Insurance Funds, Inc. are parties to a Participation Agreement dated February 17, 1998 (the “Agreement”.) On May 1, 2000, AIM May 1, 2000, AIM Variable Insurance Funds, Inc., a Maryland corporation, will be reorganized into AIM Variable Insurance Funds, a Delaware business trust. Attest: /s/ AIM Variable Insurance Funds will succeed to all the rights and obligations of AIM Variable Insurance Funds, Inc. This reorganization will result in a technical change of control of AIM Variable Insurance Funds, Inc. and thus an assignment of the Agreement. Such assignment requires the consent of the parties. Accordingly, AIM Variable Insurance Funds, Inc. requests that you provide your consent to the assignment of the Agreement as described above by signing where indicated below and returning one manually-executed copy of this letter to ▇▇▇▇▇▇ ▇▇▇▇▇▇ no later than May 8, 2000. This letter shall constitute an amendment to the Agreement effective May 1, 2000. Thank you for your prompt attention and assistance in this matter. If you have any questions, please call ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ at ▇. ▇▇-▇▇▇-▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President and Counsel Title: Executive Vice President, Equity Products (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President and Counsel Title: President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, a Delaware trust, A I M Distributors, Inc., a Delaware corporation, The Guardian Insurance & Annuity Company, Inc., a Delaware life insurance company and Guardian Investor Services Corporation, a New York corporation, is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: AIM V.I. Aggressive Growth Fund Separate Account K • Park Avenue Life AIM V.I. Capital Appreciation Fund • Park Avenue Life - Millennium Series AIM V.I. Global Utilities Fund AIM V.I. Government Securities Fund AIM V.I. Growth Fund AIM V.I. Value Fund Separate Account M • Park Avenue VUL Separate Account E • The Guardian Investor Retirement Asset Manager Variable Annuity Contract Separate Account N • Park Avenue VUL - Millennium Series • Park Avenue SVUL - Millennium Series Separate Account D • Value Guard II - Individual and Group Variable Annuity Contract Separate Account A • Guardian Investor Individual Variable Annuity Contract Separate Account F • Guardian Variable Annuity Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: December 1, 2000 AIM VARIABLE INSURANCE FUNDS Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Assistant Secretary Title: Senior Vice President (SEAL) A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: VP & Counsel Title: Executive Vice President Equity Products (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: VP & Counsel Title: President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, A I M Distributors, Inc., The Guardian Insurance and Annuity Company, Inc. and Guardian Investor Services Corporation, (collectively, the “Parties”) is hereby amended as follows. All capitalized terms not otherwise defined in this Amendment, shall have the same meaning as described in the Agreement.

Value Fund. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: July 1, 1999 AIM VARIABLE INSURANCE FUNDS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Counsel Title: Executive Vice President (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Counsel Title: Executive Vice President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, a Maryland corporation, A I M Distributors, Inc., a Delaware corporation, The Guardian Insurance & Annuity Company, Inc., a Delaware life insurance company and Guardian Investor Services Corporation, a New York corporation, is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: AIM V.I. Capital Appreciation Fund Separate Account K • Park Avenue Life AIM V.I. Global Utilities Fund AIM V.I. Government Securities Fund AIM V.I. Value Fund Separate Account M • Park Avenue VUL Separate Account E • The Guardian Investor Retirement Asset Manager Variable Annuity Contract Separate Account N • Park Avenue VUL - Millennium Series • Park Avenue SVUL - Millennium Series Separate Account D • Value Guard II - Individual and Group Variable Annuity Contract Separate Account A • Guardian Investor Individual Variable Annuity Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: May 1, 2000 AIM VARIABLE INSURANCE FUNDS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ------------------------- ----------------------------- Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) A I M AIM DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ ------------------------- ----------------------------- Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN COVA FINANCIAL SERVICES LIFE INSURANCE & ANNUITY COMPANY Attest: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ------------------------- ----------------------------- Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: First Vice President Title: Assistant Vice President (SEAL) COVA LIFE SALES COMPANY, INC. Attest: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By▇ ------------------------- ----------------------------- Name: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: First Vice President and Counsel Title: Executive Assistant Vice President, Equity Products (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President & Counsel Title: President (SEAL) AMENDMENT NO. 2 PARTICIPATION AGREEMENT The Participation Agreement (the “"Agreement”"), dated February 2December 31, 19981997, by and among AIM Variable Insurance Funds (formerly "AIM Variable Insurance Funds, Inc."), a Delaware trustTrust, A I M Distributors, Inc., a Delaware corporation, The Guardian Cova Financial Services Life Insurance & Annuity Company, Inc., a Delaware Missouri life insurance company and Guardian Investor Services CorporationCova Life Sales Company, a New York corporationInc., is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: AIM V.I. Aggressive Growth Fund Separate Account K • Park Avenue Life SCHEDULE A FUNDS AVAILABLE UNDER THE SEPARATE ACCOUNTS CONTRACTS FUNDED BY THE POLICIES UTILIZING THE FUNDS SEPARATE ACCOUNTS ---------------------------------- --------------------------------- --------------------------------- AIM V.I. Capital Appreciation Fund Cova Variable Annuity Account One . CONTRACT FORM #XL-407 AIM V.I. Global Utilities International Equity Fund AIM V.I. Government Securities Fund Separate Account M • Park Avenue VUL AIM V.I. Growth Fund . CONTRACT FORM #XL-617 AIM V.I. Value Fund Separate Account E • The Guardian Investor Retirement Asset Manager Variable Annuity Contract Separate Account N • Park Avenue VUL - Millennium Series • Park Avenue SVUL - Millennium Series Separate Account D • Value Guard II - Individual and Group Variable Annuity Contract Separate Account A • Guardian Investor Individual Variable Annuity Contract Separate Account F • Guardian Variable Annuity Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: August 1, 2000 AIM VARIABLE INSURANCE FUNDS Attest: /s/ ▇▇▇▇▇ ▇CONTRACT FORM #CL-407 . ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President and Counsel Title: Executive Vice President, Equity Products (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President and Counsel Title: President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, a Delaware trust, A I M Distributors, Inc., a Delaware corporation, The Guardian Insurance & Annuity Company, Inc., a Delaware life insurance company and Guardian Investor Services Corporation, a New York corporation, is hereby amended as follows: Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following: AIM V.I. Aggressive Growth Fund Separate Account K • Park Avenue Life CONTRACT FORM #CL-617 AIM V.I. Capital Appreciation Fund • Park Avenue Cova Variable Life - Millennium Series AIM V.I. Global Utilities Fund AIM V.I. Government Securities Fund AIM V.I. Growth Fund Account One . CONTRACT FORM #CL-1020 AIM V.I. Value Fund Separate Account M • Park Avenue VUL Separate Account E • The Guardian Investor Retirement Asset Manager Variable Annuity Contract Separate Account N • Park Avenue VUL - Millennium Series • Park Avenue SVUL - Millennium Series Separate Account D • Value Guard II - Individual and Group Variable Annuity Contract Separate Account A • Guardian Investor Individual Variable Annuity Contract Separate Account F • Guardian Variable Annuity Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Effective Date: December 1, 2000 AIM VARIABLE INSURANCE FUNDS Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Assistant Secretary Title: Senior Vice President (SEAL) A I M DISTRIBUTORS, INC. Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Assistant Secretary Title: President (SEAL) THE GUARDIAN INSURANCE & ANNUITY COMPANY, INC. Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: VP & Counsel Title: Executive Vice President Equity Products (SEAL) GUARDIAN INVESTOR SERVICES CORPORATION Attest: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇ ▇. ▇▇▇▇ Title: VP & Counsel Title: President (SEAL) The Participation Agreement (the “Agreement”), dated February 2, 1998, by and among AIM Variable Insurance Funds, A I M Distributors, Inc., The Guardian Insurance and Annuity Company, Inc. and Guardian Investor Services Corporation, (collectively, the “Parties”) is hereby amended as follows. All capitalized terms not otherwise defined in this Amendment, shall have the same meaning as described in the Agreement.Fund