Common use of Compensation of the Sub Clause in Contracts

Compensation of the Sub. Adviser (a) For the services to be rendered, the facilities to be furnished and the payments to be made, as provided herein, the parties hereto agree that the Adviser shall pay to the Sub-Adviser for each of the Trust’s fiscal quarters within three business days of the end of such quarter: (i) with respect to the S&P 500 Variable Trust Index (also known as the Large Cap Equity Index Fund), a fee equal to the following percentages of the S&P 500 Variable Trust Index’s average daily net assets during such quarter: 0.03% on the first $500 million, 0.02% on the next $250 million, and 0.01% for average daily net assets above $750 million. In determining the application of these breakpoints and so long as the Sub-Adviser remains the sub-adviser to each fund, the assets of the S&P 500 Variable Trust Index shall be combined with the assets of the S&P 500 Index Fund of State Farm Mutual Fund Trust. If the fee for the S&P 500 Variable Trust Index calculated pursuant to the above schedule for the fiscal quarter of the Trust is less than $25,000, the Adviser shall pay the Sub-Adviser a fee of $25,000 for the fiscal quarter in lieu of the sub-advisory fee calculated pursuant to this schedule; (ii) with respect to the Small Cap Variable Trust Index (also known as the Small Cap Equity Index Fund), a fee equal to 0.10% of the Small Cap Variable Trust Index’s average daily net assets during such quarter; and (iii) with respect to the International Variable Trust Index (also known as the International Equity Index Fund), a fee equal to 0.10% of the International Variable Trust Index’s average daily net assets during such quarter. (b) The Adviser shall be responsible for payment of, and the Sub-Adviser agrees that it shall have no claim against the Trust or any Index Fund respecting, the Sub-Adviser’s compensation under this agreement. (c) During the term of this agreement, the Sub-Adviser will bear all expenses incurred by it in connection with its services under this agreement. The Sub-Adviser shall not be responsible for any expenses incurred by the Trust, the Index Funds or the Adviser. 3.2 For the quarter and year in which this agreement becomes effective or terminates there shall be a proration on the basis of the number of days that the agreement is in effect during the quarter and year respectively. 3.3 If, pursuant to the Trust’s Registration Statement and Declaration of Trust, the net asset value is not required to be determined on any particular business day, then for the purpose of the foregoing computations, the net asset value of a share as last determined shall be deemed to be the net asset value of a share as of the close of business on that day. 3.4 In connection with purchases or sales of portfolio securities for the account of the Index Funds, neither the Sub-Adviser nor any officer, director, shareholder or other affiliate of the Sub-Adviser shall: (i) act as agent and accept any compensation other than its compensation provided for in this agreement, except in the course of such person’s business as an underwriter or broker; or (ii) act as broker and accept any commission, fee, or other remuneration in excess of the limits prescribed in the 1940 Act and the rules promulgated thereunder.

Compensation of the Sub. Adviser (a) For the services to be rendered, the facilities to be furnished and the payments to be made, as provided herein, the parties hereto agree that the Adviser shall pay to the Sub-Adviser for each of the Trust’s fiscal quarters within three business days of the end of such quarter: (i) with respect to the S&P 500 Variable Trust Index (also known as the Large Cap Equity Index Fund), quarter a fee equal to the following percentages of the S&P 500 Variable Trust Indexapplicable Index Fund’s average daily net assets during such the quarter: Large Cap Equity Index Fund 0.03% on the first $500 million, 0.02% on the next $250 million, and 0.01% for average daily net assets above $750 million. Small Cap Equity Index Fund 0.05% on the first $150 million, and 0.03% on any assets over $150 million. International Equity Index Fund 0.06% on the first $150 million, and 0.04% on any assets over $150 million In determining the application of these breakpoints and to the Large Cap Equity Index Fund, the assets of the Large Cap Equity Index Fund shall be combined with the assets of the State Farm S&P 500 Index Fund of State Farm Mutual Fund Trust so long as the Sub-Adviser remains the sub-adviser to each fund, the assets of the S&P 500 Variable Trust Index shall be combined with the assets of the S&P 500 Index Fund of State Farm Mutual Fund Trust. If the fee for the S&P 500 Variable Trust Large Cap Equity Index Fund calculated pursuant to the above schedule for the fiscal quarter of the Trust is less than $25,000, the Adviser shall pay the Sub-Adviser a fee of $25,000 for the fiscal quarter in lieu of the sub-advisory fee calculated pursuant to this the above schedule; (ii) with respect . In determining the application of these breakpoints to the Small Cap Variable Trust Index (also known as the Small Cap Equity Index Fund), a fee equal to 0.10% the assets of the Small Cap Variable Equity Index Fund shall be combined with the assets of the State Farm Small Cap Index Fund of State Farm Mutual Fund Trust Index’s average daily net assets during such quarter; and (iii) with respect so long as the Sub-Adviser remains the sub-adviser to each fund. In determining the International Variable Trust Index (also known as application of these breakpoints to the International Equity Index Fund), a fee equal to 0.10% the assets of the International Variable Equity Index Fund shall be combined with the assets of the State Farm International Index Fund of State Farm Mutual Fund Trust Index’s average daily net assets during such quarterso long as the Sub-Adviser remains the sub-adviser to each fund. (b) The Adviser shall be responsible for payment of, and the Sub-Adviser agrees that it shall have no claim against the Trust or any Index Fund respecting, the Sub-Adviser’s compensation under this agreement. (c) During the term of this agreement, the Sub-Adviser will bear all expenses incurred by it in connection with its services under this agreement. The Sub-Adviser shall not be responsible for any expenses incurred by the Trust, the Index Funds or the Adviser. 3.2 For the quarter and year in which this agreement becomes effective or terminates there shall be a proration on the basis of the number of days that the agreement is in effect during the quarter and year respectively. 3.3 If, pursuant to the Trust’s Registration Statement and Declaration of Trust, the net asset value is not required to be determined on any particular business day, then for the purpose of the foregoing computations, the net asset value of a share as last determined shall be deemed to be the net asset value of a share as of the close of business on that day. 3.4 In connection with purchases or sales of portfolio securities for the account of the Index Funds, neither the Sub-Adviser nor any officer, director, shareholder or other affiliate of the Sub-Adviser shall: (i) act as agent and accept any compensation other than its compensation provided for in this agreement, except in the course of such person’s business as an underwriter or broker; or (ii) act as broker and accept any commission, fee, or other remuneration in excess of the limits prescribed in the 1940 Act and the rules promulgated thereunder.

Compensation of the Sub. Adviser (a) For the services to be rendered, the facilities to be furnished and the payments to be made, as provided herein, the parties hereto agree that the Adviser shall pay to the Sub-Adviser for each of the Trust’s fiscal quarters within three business days on the last day of the end of each such quarter: (i) with respect to the S&P 500 Variable Trust Index (also known as the Large Cap Equity Index Fund), a fee equal to the following percentages 0.05% of the S&P 500 Variable Trust Index’s average daily net assets during such quarter: 0.03% on the first $500 million, 0.02% on the next $250 million, and 0.01% for average daily net assets above $750 million. In determining the application of these breakpoints and so long as the Sub-Adviser remains the sub-adviser to each fund, the assets of the S&P 500 Variable Trust Index shall be combined with the assets of the S&P 500 Index Fund of State Farm Mutual Fund Trust. If the fee for the S&P 500 Variable Trust Index calculated pursuant to the above schedule for the fiscal quarter of the Trust is less than $25,000, the Adviser shall pay the Sub-Adviser a fee of $25,000 for the fiscal quarter in lieu of the sub-advisory fee calculated pursuant to this schedule; (ii) with respect to the Small Cap Variable Trust Index (also known as the Small Cap Equity Index Fund), a fee equal to 0.10% of the Small Cap Variable Trust Index’s average daily net assets during such quarter; and (iii) with respect to the International Variable Trust Index (also known as the International Equity Index Fund), a fee equal to 0.10% of the International Variable Trust Index’s average daily net assets during such quarter. (b) The Adviser shall be responsible for payment of, and the Sub-Adviser agrees that it shall have no claim against the Trust or any Index Fund respecting, the Sub-Adviser’s compensation under this agreement. (c) During the term of this agreement, the Sub-Adviser will bear all expenses incurred by it in connection with its services under this agreement. The Sub-Adviser shall not be responsible for any expenses incurred by the Trust, the Index Funds or the Adviser. 3.2 For the quarter and year in which this agreement becomes effective or terminates there shall be a proration on the basis of the number of days that the agreement is in effect during the quarter and year respectively. 3.3 If, pursuant to the Trust’s Registration Statement and Declaration of Trust, the net asset value is not required to be determined on any particular business day, then for the purpose of the foregoing computations, the net asset value of a share as last determined shall be deemed to be the net asset value of a share as of the close of business on that day. 3.4 In connection with purchases or sales of portfolio securities for the account of the Index Funds, neither the Sub-Adviser nor any officer, director, shareholder or other affiliate of the Sub-Adviser shall: (i) act as agent and accept any compensation other than its compensation provided for in this agreement, except in the course of such person’s business as an underwriter or broker; or (ii) act as broker and accept any commission, fee, or other remuneration in excess of the limits prescribed in the 1940 Act and the rules promulgated thereunder.

Compensation of the Sub. Adviser (a) Non-State Farm LifePath Funds: For the services to be rendered, the facilities to be furnished and the payments to be made, as provided herein, the parties hereto agree that the Adviser shall pay to the Sub-Adviser for each of the Trust’s 's fiscal quarters within three business days of the end last day of each such quarter: (i) with respect to the S&P 500 Variable Trust Index (also known as the Large Cap Equity Index Fund), quarter a fee equal to the following percentages of the S&P 500 Variable Trust Index’s applicable Sub-Advised Fund's average daily net assets during such the quarter: Sub-Advised Fund Fee State Farm S&P 500 Index Fund 0.03% on the first $500 million, 0.02% on the next $250 million, and 0.01% for average daily net assets above $750 million. State Farm Small Cap Index Fund 0.05% on the first $150 million, and 0.03% on any assets over $150 million. State Farm International Index Fund 0.06% on the first $150 million, and 0.04% on any assets over $150 million In determining the application of these breakpoints and to the State Farm S&P 500 Index Fund, the assets of the State Farm S&P 500 Index Fund shall be combined with the assets of the Large Cap Equity Index Fund of State Farm Variable Product Trust so long as the Sub-Adviser remains the sub-adviser to each fund, the assets of the S&P 500 Variable Trust Index shall be combined with the assets of the S&P 500 Index Fund of State Farm Mutual Fund Trust. If the fee for the S&P 500 Variable Trust Index Fund calculated pursuant to the above schedule for the fiscal quarter of the Trust is less than $25,000, the Adviser shall pay the Sub-Adviser a fee of $25,000 for the fiscal quarter in lieu of the sub-advisory fee calculated pursuant to this the above schedule; (ii) with respect . In determining the application of these breakpoints to the State Farm Small Cap Variable Trust Index (also known as Fund, the assets of the State Farm Small Cap Index Fund shall be combined with the assets of the Small Cap Equity Index Fund of State Farm Variable Product Trust so long as the Sub-Adviser remains the sub-adviser to each fund. In determining the application of these breakpoints to the State Farm International Index Fund), a fee equal to 0.10% the assets of the Small Cap Variable Trust Index’s average daily net State Farm International Index Fund shall be combined with the assets during such quarter; and (iii) with respect to the International Variable Trust Index (also known as of the International Equity Index Fund), a fee equal to 0.10% Fund of the International State Farm Variable Product Trust Index’s average daily net assets during such quarter. (b) The Adviser shall be responsible for payment of, and so long as the Sub-Adviser agrees that it shall have no claim against remains the Trust or any Index Fund respecting, the Subsub-Adviser’s compensation under this agreementadviser to each fund. (c) During the term of this agreement, the Sub-Adviser will bear all expenses incurred by it in connection with its services under this agreement. The Sub-Adviser shall not be responsible for any expenses incurred by the Trust, the Index Funds or the Adviser. 3.2 For the quarter and year in which this agreement becomes effective or terminates there shall be a proration on the basis of the number of days that the agreement is in effect during the quarter and year respectively. 3.3 If, pursuant to the Trust’s Registration Statement and Declaration of Trust, the net asset value is not required to be determined on any particular business day, then for the purpose of the foregoing computations, the net asset value of a share as last determined shall be deemed to be the net asset value of a share as of the close of business on that day. 3.4 In connection with purchases or sales of portfolio securities for the account of the Index Funds, neither the Sub-Adviser nor any officer, director, shareholder or other affiliate of the Sub-Adviser shall: (i) act as agent and accept any compensation other than its compensation provided for in this agreement, except in the course of such person’s business as an underwriter or broker; or (ii) act as broker and accept any commission, fee, or other remuneration in excess of the limits prescribed in the 1940 Act and the rules promulgated thereunder.