EXHIBIT h(5)(ii)
AMENDMENT NO. 2 TO FUND PARTICIPATION AGREEMENT
WHEREAS, Aetna Insurance Company of America ("AICA"), Aeltus Investment
Management, Inc. ("Aeltus") and Aetna Variable Fund, Aetna Variable Encore Fund,
Aetna Income Shares, Aetna Balanced VP, Inc., Aetna Generation Portfolios, Inc.,
on behalf of each of its series, and Aetna Variable Portfolios, Inc., on behalf
of each of its series (the "Funds") have entered into a Fund Participation
Agreement dated May 1, 1998, as amended May 1, 2000 (the "Agreement").
WHEREAS, AICA, Aeltus and the Funds now desire to amend and restate
Schedule B to the Agreement to delete Aetna Real Estate Securities VP, Aetna
High Yield VP and Aetna Index Plus Bond VP.
NOW THEREFORE, in consideration of the mutual covenants and promises
contained in the Agreement, AICA, Aeltus and the Funds hereby agree:
1. to amend and restate Schedule B to delete Aetna Real Estate
Securities VP, Aetna High Yield VP and Aetna Index Plus
Bond VP effective as of: August 25, 2000.
2. that the Agreement, as modified by this Amendment, is
ratified and confirmed.
IN WITNESS WHEREOF, the undersigned duly authorized officers of AICA,
Aeltus and the Funds have executed this Amendment No. 1 as of the 26th day of
June, 2001.
AETNA INSURANCE COMPANY AETNA VARIABLE FUND
OF AMERICA AETNA VARIABLE ENCORE FUND
AETNA INCOME SHARES
AETNA BALANCED VP, INC.
AETNA GENERATION PORTFOLIOS, INC.
AETNA VARIABLE PORTFOLIOS, INC.
By: /s/ Xxxxx X. Xxxxxxx By: /s/ J. Xxxxx Xxx
---------------------------- ----------------------------
Name: XXXXX X. XXXXXXX Name: J. Xxxxx Xxx
Title: SENIOR VICE PRESIDENT Title: President
AELTUS INVESTMENT MANAGEMENT, INC.
By: /s/ Xxxx Xxxxxx
------------------------------
Name: Xxxx Xxxxxx
Title: Executive Vice President
SCHEDULE B
(AMENDED AND RESTATED AS OF JUNE 26, 2001)
AETNA VARIABLE FUND
AETNA VARIABLE ENCORE FUND
AETNA INCOME SHARES
AETNA BALANCED VP INC.
AETNA GENERATION PORTFOLIOS, INC.
AETNA ASCENT VP
AETNA CROSSROADS VP
AETNA LEGACY VP
AETNA VARIABLE PORTFOLIOS, INC.
AETNA VALUE OPPORTUNITY VP
AETNA GROWTH VP
AETNA SMALL COMPANY VP
AETNA INDEX PLUS LARGE CAP VP
AETNA INDEX PLUS MID CAP VP
AETNA INDEX PLUS SMALL CAP VP
AETNA INTERNATIONAL VP
AETNA TECHNOLOGY VP
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