EXHIBIT (3)(A)(2)
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TERMINATION OF PRINCIPAL DISTRIBUTION AGREEMENT
BY AND BETWEEN
PFL LIFE INSURANCE COMPANY ON ITS OWN BEHALF
AND ON THE BEHALF OF THE MUTUAL FUND ACCOUNT,
AND AEGON USA SECURITIES, INC.
TERMINATION OF
PRINCIPAL DISTRIBUTION AGREEMENT
BY AND BETWEEN
PFL LIFE INSURANCE COMPANY
ON ITS OWN BEHALF
AND ON THE BEHALF OF THE MUTUAL FUND ACCOUNT,
AND AEGON USA SECURITIES, INC.
WHEREAS, All underwriting and primary distribution activities for variable
annuity or variable life insurance products for the insurance company and the
separate accounts have been assigned effective as of the close of business April
30, 1998, to AFSG Securities Corporation.
THEREFORE, The undersigned parties to the Principal Distribution Agreement dated
November 20, 1996, hereby mutually agree to terminate such Agreement as of the
close of business April 30, 1998.
WITNESSETH:
/S/ Xxxxxxx X. Xxxxxx April 29, 1998
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PFL Life Insurance Company Date Signed
/s/ Xxxxx X. Xxxxxxxx April 29, 1998
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AEGON USA Securities, Inc. Date Signed
