Exhibit 99.27(h)(14)(iii)
AMENDMENT NO. 2 TO PARTICIPATION AGREEMENT
Franklin ▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust
Franklin ▇▇▇▇▇▇▇▇▇ Distributors, Inc.
Minnesota Life Insurance Company
Securian Financial Services, Inc.
The participation agreement, dated as of May 1,2000, by and among Franklin
▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust, Franklin ▇▇▇▇▇▇▇▇▇ Distributors,
Inc. and Minnesota Life Insurance Company (the "Agreement") is hereby amended as
follows:
Schedule D of the Agreement is hereby deleted in its entirety and replaced with
the Schedules D attached hereto, respectively.
All other terms and provisions of the Agreement not amended herein shall remain
in full force and effect.
Effective Date as of December 1,2002.
Franklin ▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust
By:
Name:
Title:
Minnesota Life Insurance Company
By:
Name:
Title:
Franklin ▇▇▇▇▇▇▇▇▇ Distributors. Inc.
By:
Name:
Title:
Securian Financial Services. Inc.
By:
Name:
Title:
Schedule D
Contracts of the Company
Product Name
Registered Y/N Separate Account Name
Insurance 1933 Act #, State Form Registered Y/N
# Company ID 1940 Act # Classes of Shares and Portfolios
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01 Minnesota MultiOption Flex/Single Variable Annuity Class 2 Shares:
Life Annuity Account ▇▇▇▇▇▇▇▇▇ Developing Markets
Insurance Yes Yes Securities Fund
Company 2-97564 811-4294
84-9091
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02 Minnesota MultiOption Select Variable Annuity Class 2 Shares:
Life Annuity Account Franklin Small Cap Fund
Insurance Yes Yes ▇▇▇▇▇▇▇▇▇ Asset Strategy Fund
Company 33-80733 811-4294 ▇▇▇▇▇▇▇▇▇ Developing Markets
MHC 92-9307 Securities Fund
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03 Minnesota MegAnnuity Variable Annuity Class 2 Shares:
Life Yes Account Franklin Small Cap Fund
Insurance 33-12333 Yes ▇▇▇▇▇▇▇▇▇ Asset Strategy Fund
Company 87-9254 811-4294 ▇▇▇▇▇▇▇▇▇ Developing Markets
Securities Fund
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04 Minnesota MultiOption Achiever Variable Annuity Class 2 Shares:
Life Annuity Account Franklin Small Cap Fund
Insurance Yes Yes ▇▇▇▇▇▇▇▇▇ Asset Strategy Fund
Company 333-79049 811-4294 ▇▇▇▇▇▇▇▇▇ Developing Markets
99-70017 Securities Fund
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05 Minnesota MultiOption Classic Variable Annuity Class 2 Shares:
Life Annuity Account Franklin Small Cap Fund
Insurance Yes Yes ▇▇▇▇▇▇▇▇▇ Asset Strategy Fund
Company 333-79069 811-4294 ▇▇▇▇▇▇▇▇▇ Developing Markets
99-70016 Securities Fund
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06 Minnesota Variable Adjustable Life Minnesota Life Class 2 Shares:
Life Yes Variable Account Franklin Small Cap Fund
Insurance 33-3233 Yes ▇▇▇▇▇▇▇▇▇ Asset Strategy Fund
Company 99-680 811-4585 ▇▇▇▇▇▇▇▇▇ Developing Markets
Securities Fund
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07 Minnesota Variable Adjustable Life Minnesota Life Class 2 Shares:
Life Second Death Variable Account Franklin Small Cap Fund
Insurance Yes Yes ▇▇▇▇▇▇▇▇▇ Asset Strategy Fund
Company 33-64395 811-4585 ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇-▇▇-▇▇▇ Securities Fund
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08 Minnesota Variable Adjustable Life Minnesota Life Class 2 Shares:
Life Horizon Variable Account Franklin Small Cap Fund
Insurance Yes Yes ▇▇▇▇▇▇▇▇▇ Asset Strategy Fund
Company 333-96383 811-4585 ▇▇▇▇▇▇▇▇▇ Developing Markets
99-680 Securities Fund
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09 Minnesota MultiOption Advisor Variable Annuity Class 2 Shares:
Life Annuity Account Franklin Small Cap Fund
Insurance Yes Yes ▇▇▇▇▇▇▇▇▇ Asset Strategy Fund
Company 333-91784 811-4294 ▇▇▇▇▇▇▇▇▇ Developing Markets
02-70067 Securities Fund
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