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PARTICIPATION AND SERVICES AGREEMENT Between Security Benefit Life Insurance Company and BlackRock Advisors, LLC BlackRock Fund Advisors and BlackRock Investments, LLCParticipation and Services Agreement • April 30th, 2012 • SBL Variable Annuity Account Xiv • New York
THIS AGREEMENT, is entered into as of the 20th day of April , 2012, and is effective May 1, 2012, by and between Security Benefit Life Insurance Company, (the “Company”), a stock life insurance company organized under the laws of the State of Kansas, on its own behalf and on behalf of each segregated asset account of the Company currently in existence or hereafter created, as set forth on Schedule A hereto (each account hereinafter referred to individually as an “Account” and collectively as the “Accounts”), BlackRock Fund Advisors (“BFA”), BlackRock Advisors, LLC (“BAL”, and together with BFA, the “Adviser”), BAL and BFA each serving as the investment adviser for certain of the Portfolios (as defined below) of the open-end registered investment companies in the BlackRock fund complex (each of such registered investment companies, excluding BlackRock Variable Series Funds, Inc., BlackRock Series Fund, Inc., BlackRock Liquidity Funds, Funds for Institutions Series, FDP Series, Inc., and
