EXHIBIT 30
Amendment No. 3 to the Investment Management Agreement
between Xxxx Xxxxxxx Variable Series Trust I and
Xxxx Xxxxxxx Mutual Life Insurance Company
Reference is made to that certain Investment Management Agreement dated as
of March 14, 1996, by and between Xxxx Xxxxxxx Variable Series Trust I and Xxxx
Xxxxxxx Mutual Life Insurance Company, as amended, (the "Agreement").
Subsections (d) and (g) of Section 5 of the Agreement, entitled "Investment
Advisory Fee and Expense Limitation," are hereby amended to read as follows:
(d) For the Mid Cap Value Portfolio:
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(i) 0.80% on an annual basis of the first $100,000,000 of the
Current Net Assets of such Portfolio;
(ii) 0.775% on an annual basis of that portion of the Current Net
Assets of such Portfolio in excess of $100,000,000 and not over
$250,000,000;
(iii) 0.750% on an annual basis of that portion of the Current Net
Assets of such Portfolio in excess of $250,000,000 and not over
$500,000,000;
(iv) 0.725% on an annual basis of that portion of the Current Net
Assets of such Portfolio in excess of $500,000,000 and not over
$750,000,000; and
(v) 0.70% on an annual basis of that portion of the Current Net
Assets of such Portfolio in excess of $750,000,000.
* * *
(g) For the Large Cap Value Portfolio:
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(i) 0.75% on an annual basis of the first $100,000,000 of the
Current Net Assets of such Portfolio;
(ii) 0.70% on an annual basis of that portion of the Current Net
Assets of such Portfolio in excess of $100,000,000 and not over
$250,000,000; and
(iii) 0.65% on an annual basis of that portion of the Current Net
Assets of such Portfolio in excess of $250,000,000.
All other terms and provisions of the Agreement shall remain unchanged and
in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed and to take effect for Large Cap Value as of April 1, 1999 and to take
effect for Mid Cap Value as of May 1, 1999.
Xxxx Xxxxxxx Variable Series Trust I
/s/ XXXXXXX X. XXX XXXX
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By: Xxxxxxx X. Xxx Xxxx
Title: Chairman
Attest: /s/ XXXXXX X. XXXXxX
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Assistant Secretary
Xxxx Xxxxxxx Mutual Life Insurance Company
/s/ XXXXXX X. XXXXXXX
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By: Xxxxxx X. Xxxxxxx
Title: Vice President
Attest: /s/ XXXXXXX X. XXXXX
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Assistant Secretary
