Common use of Payment for Administrative Services Clause in Contracts

Payment for Administrative Services. In consideration of the services to be provided by NFS, we shall pay NFS on a monthly basis, from our assets, including GSAM’s bona fide profits as investment adviser to the Trust, an amount equal to basis points __ per annum of the average aggregate net asset value of shares of the Trust held by the Separate Account under the Participation Agreement. For purposes of computing the payment to NFS contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Trust held by the Separate Account over a one-month period shall be computed by totaling the Separate Account’s aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each calendar day during the month, and dividing by the total number of calendar days during such month. The payment contemplated by this Paragraph 5 shall be calculated by GSAM at the end of each calendar month and will be paid to NFS within thirty (30) business days thereafter.

Payment for Administrative Services. In consideration of the services to be provided by NFSyou, we shall pay NFS you on a monthly basisbasis (“Payments”), from our assets, including GSAM’s our bona fide profits as investment adviser to the TrustFund, an amount equal to 15 basis points __ (0.15%) per annum of the average aggregate net asset value of shares of the Trust Funds held by the Separate Account under the Participation Agreement. For purposes of computing the payment to NFS the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Trust Funds held by the Separate Account over a one-month monthly period shall be computed by totaling the Separate Account’s aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each calendar business day during the calendar month, and dividing by the total number of calendar business days during such month. The payment contemplated by this Paragraph 5 shall be calculated by GSAM Price Associates at the end of each calendar month and will be paid to NFS the Company within thirty (30) business 30 calendar days thereafter.

Payment for Administrative Services. In consideration of the services to be provided by NFSyou, we shall pay NFS you on a monthly quarterly basis, from our assets, including GSAM’s 's bona fide profits as investment adviser to the Trust, an amount equal to 10 basis points __ (.10%) per annum of the average aggregate net asset value of shares the SERVICE SHARES of the Trust held by the Separate Account under the Participation Agreement. For purposes of computing the payment to NFS the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Trust held by the Separate Account over a one-month period shall be computed by totaling the Separate Account’s 's aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each calendar day during the month, and dividing by the total number of calendar days during such month. The payment contemplated by this Paragraph 5 shall be calculated by GSAM at the end of each calendar month quarter and will be paid to NFS the Company within thirty sixty (3060) business days thereafter.

Payment for Administrative Services. In consideration of the services to be provided by NFSyou, we shall pay NFS you on a monthly quarterly basis, from our assets, including GSAM’s bona fide 's BONA FIDE profits as investment adviser to the Trust, an amount equal to __ basis points (0.__ %) per annum of the average aggregate net asset value of shares of the Trust held by the Separate Account under the Participation Agreement. For purposes of computing the payment to NFS the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Trust held by the Separate Account over a one-month period shall be computed by totaling the Separate Account’s 's aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each calendar day during the month, and dividing by the total number of calendar days during such month. The payment contemplated by this Paragraph 5 shall be calculated by GSAM at the end of each calendar month quarter and will be paid to NFS the Company within thirty sixty (3060) business days thereafter.

Payment for Administrative Services. In consideration of the services to be provided by NFSyou, we shall pay NFS you on a monthly basis, from our assets, including GSAM’s GSAMI's bona fide profits as investment adviser to the Trust, an amount equal to 20 basis points __ (0.20%) per annum of the average aggregate net asset value of shares of the Trust held by the Separate Account under the Participation Agreement. For purposes of computing the payment to NFS the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Trust held by the Separate Account over a one-month period shall be computed by totaling the Separate Account’s 's aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each calendar day during the month, and dividing by the total number of calendar days during such month. The payment contemplated by this Paragraph 5 shall be calculated by GSAM GSAMI at the end of each calendar month and will be paid to NFS the Company within thirty ten (3010) business days thereafter.

Payment for Administrative Services. In consideration of the services to be provided by NFSyou, we shall pay NFS you on a monthly quarterly basis, from our assets, including GSAM’s bona fide profits as investment adviser to the Trust, an amount equal as specified in Schedule B of this letter agreement with respect to basis points __ per annum the value of the average aggregate net asset value of shares of the Trust held by the Separate Account under the Participation Agreement. For purposes of computing the payment to NFS the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Trust held by the Separate Account over a one-month period shall be computed by totaling the Separate Account’s aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each calendar day during the month, and dividing by the total number of calendar days during such month. The payment contemplated by this Paragraph 5 shall be calculated by GSAM at the end of each calendar month quarter and will be paid to NFS the Company within thirty sixty (3060) business days thereafter.

Payment for Administrative Services. In consideration of the services to be provided by NFS, we shall pay NFS on a monthly basis, from our assets, including GSAM’s bona fide profits as investment adviser to the Trust, an amount equal to 25 basis points __ (0.25%) per annum of the average aggregate net asset value of shares of the Trust held by the Separate Account under the Participation Agreement. For purposes of computing the payment to NFS contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Trust held by the Separate Account over a one-month period shall be computed by totaling the Separate Account’s aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each calendar day during the month, and dividing by the total number of calendar days during such month. The payment contemplated by this Paragraph 5 shall be calculated by GSAM at the end of each calendar month and will be paid to NFS within thirty (30) business days thereafter.

Payment for Administrative Services. In consideration of the services to be provided by NFSyou, we shall pay NFS you on a monthly quarterly basis, from our assets, including GSAM’s 's bona fide profits as investment adviser to the Trust, an amount equal to basis points (0.__ %) per annum of the average aggregate net asset value of shares of the Trust held by the Separate Account under the Participation Agreement. For purposes of computing the payment to NFS the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Trust held by the Separate Account over a one-month period shall be computed by totaling the Separate Account’s 's aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each calendar day during the month, and dividing by the total number of calendar days during such month. The payment contemplated by this Paragraph 5 shall be calculated by GSAM at the end of each calendar month quarter and will be paid to NFS the Company within thirty sixty (3060) business days thereafter.

Payment for Administrative Services. In consideration of the services to be provided by NFSyou, we shall pay NFS you on a monthly basis, from our assets, including GSAM’s 's bona fide profits as investment adviser to the Trust, an amount equal to ____ basis points (__ %) per annum of the average aggregate net asset value of shares of the Trust held by the Separate Account under the Participation Agreement. For purposes of computing the payment to NFS the Company contemplated under this Paragraph 5, the average aggregate net asset value of shares of the Trust held by the Separate Account over a one-month period shall be computed by totaling the Separate Account’s 's aggregate investment (share net asset value multiplied by total number of shares held by the Separate Account) on each calendar day during the month, and dividing by the total number of calendar days during such month. The payment contemplated by this Paragraph 5 shall be calculated by GSAM at the end of each calendar month quarter and will be paid to NFS the Company within thirty sixty (3060) business days thereafter.