AMENDMENT NO. 2 TO PARTICIPATION AGREEMENT
Among
THE XXXXX AMERICAN FUND,
XXXX XXXXX & COMPANY, INCORPORATED,
NATIONAL LIFE INSURANCE COMPANY (as successor to Vermont Life Insurance
Company), and LIFE INSURANCE COMPANY OF THE SOUTHWEST
THIS AMENDMENT NO. 2 to the Participation Agreement dated January 31, 1995, as
amended by updating Schedule A as of April 25, 1997 (the "Participation
Agreement") by and among The Xxxxx American Fund (the "Trust"), Xxxx Xxxxx &
Company, Incorporated (the "Distributor"), National Life Insurance Company, and,
by this Amendment No. 2 the Life Insurance Company of the Southwest ("LSW") is
made and entered into this 18th day of November, 1998.
1. By executing this Amendment No. 2, LSW hereby
a. becomes a party to this Participation Agreement
b. is included in the definition of "the Company" along with National Life
Insurance Company
c. is bound by all of the terms and conditions of the Participation
Agreement referenced above, and the Service Agreement dated June 1,
1997.
2. Schedule A was amended April 25, 1997, and is hereby further amended to read
as follows:
National Variable Life Insurance Account
National Variable Annuity Account II
LSW Variable Annuity Account I
IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment No. 2
to the Participation Agreement to be executed in its name and on its behalf by
its duly authorized representative and its seal to be affixed hereto as of the
date specified below.
XXXX XXXXX & COMPANY, INCORPORATED
by /s/ Xxxxxxx X. Xxxx
________________________________
Name:
Title:
THE XXXXX AMERICAN FUND
by /s/ Xxxxxxx X. Xxxx
________________________________
Name:
Title:
NATIONAL LIFE INSURANCE COMPANY
by /s/ Xxxxxx von Gal
________________________________
Name: Xxxxxx von Gal
Title: Vice President & Treasurer
LIFE INSURANCE COMPANY OF THE SOUTHWEST
by: NATIONAL LIFE INSURANCE COMPANY
by /s/ Xxxxxx von Gal
________________________________
Name: Xxxxxx von Gal
Title: Treasurer