Letterhead Janus Funds] October 19, 2001 Terry Stumpf Security Life of Denver c/o ING North America Insurance Corp. 1290 Broadway Denver, CO 80203-5699 Re: Distribution and Shareholder Services Agreement - Janus Aspen Series - Service Shares Dear Ms....

Exhibit 1.A(8)(c)(vii)

[Letterhead Janus Funds]

October 19, 2001

Xxxxx Xxxxxx
Security Life of Denver
c/o ING North America Insurance Corp.
0000 Xxxxxxxx
Xxxxxx, XX 00000-0000

Re:     Distribution and Shareholder Services Agreement - Janus Aspen Series - Service Shares

Dear Xx. Xxxxxx:

This letter is to request you enter into a new Distribution and Shareholder Services Agreement ("Agreement") with Janus to permit you to continue to receive 12b- I fees. We believe a new agreement is required in light of the following transaction.

As you may be aware, on October 3, 2001, Xxx Xxxxxx, Chairman and CEO of Janus Capital Corporation ("Janus Capital"), exercised certain nights under his contract with Xxxxxxxx Financial Inc. ("Xxxxxxxx"), to sell his remaining 6.2%, stake in Janus Capital to Xxxxxxxx. (Xxxxxxxx currently owns 91.6% of the shares of Janus Capital. Subsequent to this transaction, certain contractual provisions guaranteeing Xx. Xxxxxx certain management rights will also terminate. Xxxxx and Xxxxxxxx have agreed that Xx. Xxxxxx'x contractual rights will terminate on March 28, 2002. Although the transaction will result in a change in the ownership structure of Janus Capital, it is anticipated that the operation of Janus Capital will remain unchanged. Xx. Xxxxxx and Xxxxxxxx both intend that Xx. Xxxxxx will continue to serve as CEO of Janus Capital.

The current Distribution and Shareholder Services Agreement with your firm ("Current Agreement") provides for automatic termination in the event of its "assignment" as defined in the 1940 Act. Although the sale of Xx. Xxxxxx'x shares is not the sale of a controlling block of the adviser's shares and therefore not an "assignment" under the 1940 Act, reasonable arguments can be made that the termination of his contractual rights does effect an assignment. Since Janus Distributors, Inc., is a wholly owned subsidiary of Janus Capital, the transaction could also constitute an "assignment" of the Agreements. Therefore, to remove any doubt as to the continuation of the Current Agreement, we request you enter into a new Distribution and Shareholder Services Agreement with the same terms as the Current Agreement (except with a new effective date).

Please indicate your acceptance of a new Distribution and Shareholder Services Agreement, with the same terms as the Current Agreement, by signing in the space provided below and return a signed copy of this letter to us in the enclosed postage paid envelope no later than November 15, 2001. The new Agreement will be effective as of close of business on March 28, 2002.

Thank you for your attention to this matter. If you have any questions or need additional information, please call me at 000-000-0000 or Xxxx Xxxxx at (000) 000-0000.

Very truly yours,

/s/ Xxxxxx Xxxxxx

Xxxxxx Xxxxxx
Associate Counsel

Acknowledged and Agreed:

Security Life of Denver

/s/ Xxx Xxxxxxxxxx

Date: 11/1/01