Fund Level. The Company will make periodic weekly contributions to the Fund to maintain the Fund at a level sufficient to pay the Regular Benefits then due and payable.
Fund Level. The contractual advisory fee waiver set forth in this Appendix shall apply as follows: The Adviser has agreed to waive its management fees for the Fund so that the amount retained by the Adviser after payment of the subadvisory fees for each such Fund does not exceed the amount stated below of the Fund’s average annual net assets. Fund Limit American Diversified Growth & Income* 0.00% American Fundamental Holdings* 0.00% American Global Diversification Holdings* 0.00% International Value** 0.45% Smaller Company Growth*** 0.45% *These advisory fee waivers shall continue in effect until July 1, 2009 and thereafter until terminated by the Adviser on notice to the Trust. **These advisory fee waivers shall continue in effect until December 31, 2009 and thereafter until terminated by the Adviser on notice to the Trust. ***These advisory fee waivers shall continue in effect until October 10, 2009 and thereafter until terminated by the Adviser on notice to the Trust.
Fund Level. U.S. Bank has entered and will, from time to time, enter into agreements with mutual funds and/or mutual fund service providers whereby U.S. Bank receives fees for providing shareholder service and administrative support services to the fund, which may be paid as 12b-1 service fees, annual compensation, or omnibus record keeping services. These service fees are calculated as a percentage of your Account’s investment in the Fund(s), and may be paid either by the Fund or by a Fund service provider (such as the Fund’s advisor or distributor). Fees paid by the Fund are detailed in each Fund’s prospectus, and may be designated as “Shareholder Services” or “12b -1” fees. For the Fund listed above, the total current fee percentage eligible to be paid to U.S. Bank by the Fund and/or a Fund’s service provider does not exceed XX basis points (.00XX). Payment of these fees does not result in any increase in fees charged against the fund’s assets above the fee and expense levels established for the fund and disclosed in the fund’s prospectus. Approval of investment in the above mutual fund includes approval of these fees.
