EXHIBIT 99-B.8.86
AMENDMENT TO PARTICIPATION AGREEMENT
The participation agreement, dated as of October 10, 2000, by and among ING Life
Insurance and Annuity Company (formerly known as Aetna Life Insurance and
Annuity Company) (ILIAC), X. Xxxx Price Investment Services, Inc. and X. Xxxx
Price Services, Inc. (the "Agreement") is hereby amended as follows:
1. ReliaStar Life Insurance Company ("ReliaStar") and ReliaStar Life
Insurance Company of New York (ReliaStar New York) are added as parties to the
Agreement.
2. Unless otherwise amended, all references to the word "Company" shall
now be defined as ILIAC, ReliaStar and ReliaStar New York.
3. Section 1 of the Agreement is hereby deleted in its entirety and
replaced with the following Sections 1(a), 1(b), 1(c):
1(a) ILIAC represents that it has established Variable Annuity
Accounts B, C, D and F and may establish such other accounts as may be set forth
in Schedule A attached hereto and as may be amended from time to time with the
mutual consent of the parties hereto (the "Accounts"), each of which is a
separate account under Connecticut Insurance law, and has registered or will
register each of the Accounts (except for such Accounts for which no such
registration is required) as a unit investment trust under the Investment
Company Act of 1940 (the "1940 Act"), to serve as an investment vehicle for the
Contracts. Each Contract provides for the allocation of net amounts received by
ILIAC to an Account for investment in the shares of one of more specified
open-end management investment companies available through that Account as
underlying investment media. Selection of a particular investment management
company and changes therein from time to time are made by the participant or
Contract owner, as applicable under a particular Contract.
1(b) ReliaStar represents that it has established Separate Account One
and may establish such other accounts as may be set forth in Schedule A attached
hereto and as may be amended from time to time with the mutual consent of the
parties hereto (the "Accounts"), each of which is a separate account under
Minnesota Insurance law, and has registered or will register each of the
Accounts (except for such Accounts for which no such registration is required)
as a unit investment trust under the Investment Company Act of 1940 (the "1940
Act"), to serve as an investment vehicle for the Contracts. Each Contract
provides for the allocation of net amounts received by ReliaStar to an Account
for investment in the shares of one of more specified open-end management
investment companies available through that Account as underlying investment
media. Selection of a particular investment management company and changes
therein from time to time are made by the participant or Contract owner, as
applicable under a particular Contract.
1(c) ReliaStar New York represents that it has established a separate
account for its 401(k) business and may establish such other accounts as may be
set forth in Schedule A attached hereto and as may be amended from time to time
with the mutual consent of the parties hereto (the "Accounts"), each of which is
a separate account under New York Insurance law, and has registered or will
register each of the Accounts (except for such Accounts for which no such
registration is required) as a unit investment trust under the Investment
Company Act of 1940 (the "1940 Act"), to serve as an investment vehicle for the
Contracts. Each Contract provides for the allocation of net amounts received by
ReliaStar New York to an Account for investment in the shares of one of more
specified open-end management investment companies available through that
Account as underlying investment media. Selection of a particular investment
management company and changes therein from time to time are made by the
participant or Contract owner, as applicable under a particular Contract.
4. The reference to Schedule D in Section 2(f) of the Agreement is hereby
amended to refer to Schedule C.
5. Section 7(a) of the Agreement is hereby deleted in its entirety and
replaced with the following Section 7(a):
(a) ILIAC, ReliaStar and ReliaStar New York represent and warrant they
are each an insurance company duly organized, existing in good standing under
the laws of the State of Connecticut, the State of Minnesota and the State of
New York, respectively.
6. Section 13(b) of the Agreement is hereby deleted in its entirety and
replaced with the following Section 13(b):
NOTICES. All notices and other communications hereunder shall be given
or made in writing and shall be delivered personally, or sent by telex,
telecopier or registered or certified mail, postage prepaid, return receipt
requested, or recognized overnight courier service to the party or parties to
whom they are directed at the following addresses, or at such other addresses as
may be designated by notice from such party to all other parties.
To the Company:
ING Life Insurance and Annuity Company
000 Xxxxxxxxxx Xxxxxx
Xxxxxxxx, Xxxxxxxxxxx 00000
Attention: Xxxxx X. Xxxxxxxx
ReliaStar Life Insurance Company
000 Xxxxxxxxxx Xxxxxx
Xxxxxxxx, Xxxxxxxxxxx 00000
Attention: Xxxxx X. Xxxxxxxx
ReliaStar Life Insurance Company of New York
000 Xxxxxxxxxx Xxxxxx
Xxxxxxxx, Xxxxxxxxxxx 00000
Attention: Xxxxx X. Xxxxxxxx
To the Distributor:
X. Xxxx Price
000 Xxxx Xxxxx Xxxxxx
Xxxxxxxxx, Xxxxxxxx 00000
Attn: Xxxxx Xxxxx
Copy to: Xxxxx Xxxxxxx, Esquire
All other terms and provisions of the Agreement not amended herein shall remain
in full force and effect.
Effective Date as of January 1, 2003
X. XXXX PRICE INVESTMENT SERVICES, INC. X. XXXX PRICE SERVICES, INC.
By: /s/ Xxxxx Xxxxxxx By: /s/ Xxxxx Xxxxxxx
------------------------------------- ------------------------------
Name: Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx
Title: Vice President Title: Vice President
ING LIFE INSURANCE AND ANNUITY COMPANY
By: /s/ Xxxxx Xxxxxxxxx
-------------------------------------
Name: Xxxxx Xxxxxxxxx
Title: Vice Presidednt
RELIASTAR LIFE INSURANCE COMPANY RELIASTAR LIFE INSURANCE COMPANY OF
NEW YORK
By: /s/ Xxxxx Xxxxxxxxx By: /s/ Xxxxx Xxxxxxxxx
------------------------------------- ------------------------------
Name: Xxxxx Xxxxxxxxx Name: Xxxxx Xxxxxxxxx
Title: Vice President Title: Vice President
