Common use of Payment for Administrative Services Clause in Contracts

Payment for Administrative Services. In consideration of the administrative services to be provided by the Company, we shall make payments to the Company on a monthly basis (“Payments”), from our assets, including our bona fide profits as an investment adviser to the Fund, an amount equal to 15 basis points (0.15%) per annum for average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement provided, however, that such Payments shall only be payable for each calendar month during which the aggregate dollar value of shares of the Funds purchased pursuant to the Participation Agreement by the Company in the aggregate exceeds $25,000,000 at all times during that month. Further, this amount shall be increased to 25 basis points (0.25%) per annum of the average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement, provided, however, that such increased Payments shall only be payable with respect to the Fund for each calendar month during which the aggregate dollar value of shares exceeds $250,000,000 at all times during that month. TRPI shall be responsible for payments due pursuant to this Paragraph 5 with respect to the purchase of shares of a Fund managed by TRPI. For purposes of computing the Payments to the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Funds held by the Separate Accounts over a monthly period shall be computed by totaling each Separate Account’s aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each business day during the calendar month, and dividing by the total number of business days during the month. The Payments contemplated by this Paragraph 5 shall be calculated by TRPI at the end of each calendar month and will be paid to each Company within 30 calendar days thereafter.

Payment for Administrative Services. In consideration of the administrative services to be provided by the Company, we shall make payments to the Company on a monthly basis (“"Payments”"), from our assets, including our bona fide profits as an investment adviser to the respective Fund, an amount equal to 15 basis points (0.15%) per annum for of the average aggregate net asset value of shares of the Fund Funds held by the Separate Accounts Account under the Participation Agreement provided, however, that such Payments shall only be payable for each calendar month during which the aggregate dollar value of shares of the Funds purchased pursuant to the Participation Agreement by the Company in the aggregate exceeds $25,000,000 at all times during that monthAgreement. Further, this amount shall be increased to 25 basis points (0.25%) per annum of the average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement, provided, however, that such increased Payments shall only be payable with respect to the Fund for each calendar month during which the aggregate dollar value of shares exceeds $250,000,000 at all times during that month. TRPI shall be responsible for payments due pursuant to this Paragraph 5 with respect to the purchase of shares of a Fund managed by TRPI. For purposes of computing the Payments payment to the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Funds held by the Separate Accounts Account over a monthly period shall be computed by totaling each Separate Account’s 's aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each business day during the calendar month, and dividing by the total number of business days during the such month. The Payments payment contemplated by this Paragraph 5 shall be calculated by TRPI Price Associates at the end of each calendar month and will be paid to each the Company within 30 calendar days thereafter.. " March 16, 2012 Please sign both copies of this letter confirming your firm's approval of this amendment. In addition, please complete the W-9 and payment instructions that are included. Please return a fully-executed amendment along with the W-9 and payment instructions to the following: Xxxxxx Xxxxx

Payment for Administrative Services. In consideration of the administrative services to be provided by each of the CompanyCompanies, we shall make payments to each of the Company Companies on a monthly basis (“Payments”), ) from our assets, including our bona fide profits as an investment adviser advisers to the Fundrespective Funds, an amount equal to 15 basis points (0.15%) per annum for average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement provided, however, that such Payments shall only be payable for each calendar month during which the aggregate dollar value of shares of the Funds purchased pursuant to the Participation Agreement by the Company in the aggregate exceeds $25,000,000 at all times during that month. Further, this amount shall be increased to 25 basis points (0.25%) per annum of the average aggregate net asset value of shares of the Fund Funds held by the Separate Accounts under the Participation AgreementAgreements, provided, however, that such increased Payments payments shall only be payable with respect to the a Fund for each calendar month during which the aggregate dollar value of shares of all Funds purchased pursuant to a Participation Agreement by the insurance companies in the aggregate exceeds $250,000,000 at all times during that month25,000,000. TRPI Subject to the terms of paragraph 6 hereof, Price Associates shall be responsible for payments due pursuant to this Paragraph 5 with respect to the purchase of shares of a Fund managed by TRPIPrice Associates. For purposes of computing the Payments payment to the each Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Funds held by the Separate Accounts over a monthly period shall be computed by totaling each Separate Account’s aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each business day during the calendar month, and dividing by the total number of business days during the such month. The Payments contemplated by this Paragraph 5 shall be calculated by TRPI Price Associates at the end of each calendar month and will be paid to each Company within 30 calendar days thereafter.

Payment for Administrative Services. In consideration of the administrative services to be provided by the Company, we shall make payments to the Company on a monthly basis (“Payments”), "PAYMENTS") from our assets, including our bona fide profits as an investment adviser advisers to the Fundrespective Funds, an amount equal to 15 basis points (0.15%) per annum for average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement provided, however, that such Payments shall only be payable for each calendar month during which the aggregate dollar value of shares of the Funds purchased pursuant to the Participation Agreement by the Company in the aggregate exceeds $25,000,000 at all times during that month. Further, this amount shall be increased to 25 basis points (0.25%) per annum of the average aggregate net asset value of shares of the Fund Funds held by the Separate Accounts under the Participation AgreementAgreements, provided, however, that such increased Payments payments shall only be payable with respect to the a Fund for each calendar month during which the aggregate dollar value of shares of all Funds purchased pursuant to a Participation Agreement by the insurance companies in the aggregate exceeds $250,000,000 at all times during that month25,000,000. TRPI Subject to the terms of paragraph 6 hereof, each Price Adviser shall be responsible for payments due pursuant to this Paragraph 5 with respect to the purchase of shares of a Fund managed by TRPIthat Price Adviser. For purposes of computing the Payments payment to the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Funds held by the Separate Accounts over a monthly period shall be computed by totaling each Separate Account’s 's aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each business day during the calendar month, and dividing by the total number of business days during the such month. The Payments contemplated by this Paragraph 5 shall be calculated by TRPI Price Associates at the end of each calendar month and will be paid to each Company within 30 calendar days thereafter.

Payment for Administrative Services. In consideration of the administrative services to be provided by the Company, we shall make payments to the Company on a monthly basis (“"Payments”"), from our assets, including our bona fide profits as an investment adviser to the Fund, an amount equal to 15 basis points (0.15%) per annum for average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement provided, however, that such Payments shall only be payable for each calendar month during which the aggregate dollar value of shares of the Funds purchased pursuant to the Participation Agreement by the Company in the aggregate exceeds $25,000,000 at all times during that month. Further, this amount shall be increased to 25 basis points (0.25%) per annum of the average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement, provided, however, that such increased Payments shall only be payable with respect to the Fund for each calendar month during which the aggregate dollar value of shares exceeds $250,000,000 at all times during that month. Subject to the terms of Paragraph 6 hereof, TRPI shall be responsible for payments due pursuant to this Paragraph 5 with respect to the purchase of shares of a Fund managed by TRPI. For purposes of computing the Payments to the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Funds held by the Separate Accounts over a monthly period shall be computed by totaling each Separate Account’s 's aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each business day during the calendar month, and dividing by the total number of business days during the month. The Payments contemplated by this Paragraph 5 shall be calculated by TRPI at the end of each calendar month and will be paid to each Company within 30 calendar days thereafter.. National Life Insurance Company May 1, 2004 Page 3

Payment for Administrative Services. In consideration of the administrative services to be provided by each of the CompanyCompanies, we shall make payments to each of the Company Companies on a monthly quarterly basis (“"Payments”), ") from our assets, including our bona fide profits as an investment adviser to the Fund, an amount equal to 15 basis points (0.15%) per annum for average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement provided, however, that such Payments shall only be payable for each calendar month during which the aggregate dollar value of shares of the Funds purchased pursuant to the Participation Agreement by the Company in the aggregate exceeds $25,000,000 at all times during that month. Further, this amount shall be increased to 25 basis points (0.25%) per annum of the average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation AgreementAgreements, providedPROVIDED, howeverHOWEVER, that such increased Payments payments shall only be payable with respect to the Fund for each calendar month quarter during which the aggregate dollar value of shares of the Fund purchased pursuant to a Participation Agreement by the insurance companies in the aggregate exceeds $250,000,000 at all times during that month50,000,000. TRPI Subject to the terms of paragraph 6 hereof, RPFI shall be responsible for payments due pursuant to this Paragraph 5 with respect to the purchase of shares of a the Fund managed by TRPIRPFI. For purposes of computing the Payments payment to the each Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Funds Fund held by the Separate Accounts over a monthly quarterly period shall be computed by totaling each Separate Account’s 's aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each business day during the calendar monthquarter, and dividing by the total number of business days during the monthsuch quarter. The Payments contemplated by this Paragraph 5 shall be calculated by TRPI RPFI at the end of each calendar month quarter and will be paid to each Company within 30 calendar business days thereafter.

Payment for Administrative Services. In consideration of the administrative services to be provided by the Company, we shall make payments to the Company on a monthly basis (“Payments”), from our assets, including our bona fide profits as an investment adviser to the Fund, an amount equal to 15 basis points (0.15%) per annum for average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement provided, however, that such Payments shall only be payable for each calendar month during which the aggregate dollar value of shares of the Funds purchased pursuant to the Participation Agreement by the Company in the aggregate exceeds $25,000,000 at all times during that month. Further, this amount shall be increased to 25 basis points (0.25%) per annum of the average aggregate net asset value of shares of the Fund held by the Separate Accounts under the Participation Agreement, provided, however, that such increased Payments shall only be payable with respect to the Fund for each calendar month during which the aggregate dollar value of shares exceeds $250,000,000 at all times during that month. Subject to the terms of Paragraph 6 hereof, TRPI shall be responsible for payments due pursuant to this Paragraph 5 with respect to the purchase of shares of a Fund managed by TRPI. For purposes of computing the Payments to the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Funds held by the Separate Accounts over a monthly period shall be computed by totaling each Separate Account’s aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each business day during the calendar month, and dividing by the total number of business days Principal Life Insurance Company Princor Financial Services Corporation October 14, 2004 Page 3 during the month. The Payments contemplated by this Paragraph 5 shall be calculated by TRPI at the end of each calendar month and will be paid to each Company within 30 calendar days thereafter.