AMENDMENT NO. 5 TO INVESTMENT ADVISORY AGREEMENT
EXHIBIT D.(1)(e)
AMENDMENT NO. 5 TO INVESTMENT ADVISORY AGREEMENT
This AMENDMENT NO. 5 to the INVESTMENT ADVISORY AGREEMENT (the “Amendment”) is effective as of
October 1, 2007, by and among THE VARIABLE ANNUITY LIFE INSURANCE COMPANY (“VALIC”) and VALIC
COMPANY I (“VC I”).
RECITALS
WHEREAS, VALIC and VALIC Company I (“VC I”) entered into an Investment Advisory
Agreement dated January 1, 2002, as amended (the “Agreement”), with respect to the Covered
Funds reflected in Schedule A; and
WHEREAS, the parties wish to amend Schedule A to the Agreement to reflect the fee
change to the Blue Chip Growth Fund and the name change of the Social Awareness Fund to the
Global Social Awareness Fund.
NOW, THEREFORE, in consideration of the mutual promises set forth herein, VALIC and VC
I agree as follows:
| 1. | Schedule A Amendment. Schedule A is amended to reflect the advisory fee change to the Blue Chip Growth Fund and the name change of the Social Awareness Fund to the Global Social Awareness Fund. | ||
| 2. | Counterparts. This Amendment may be executed in two or more counterparts, each of which shall be an original and all of which together shall constitute one instrument. | ||
| 3. | Full Force and Effect. Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect. |
IN WITNESS WHEREOF, the undersigned have executed this Amendment No. 5 as of the date
first above written.
| THE VARIABLE ANNUITY LIFE INSURANCE COMPANY |
||||
| By: | /s/ XXXXXX X. XXXXXX | |||
| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | Senior Vice President | |||
| VALIC COMPANY I |
||||
| By: | /s/ XXXX X. XXXXXX | |||
| Name: | Xxxx X. Xxxxxx | |||
| Title: | Vice President and Secretary | |||
EXHIBIT D.(1)(e)
COVERED FUNDS
Annual Fee computed at the following annual rate, based on average monthly net assets value and
payable monthly:
Asset Allocation Fund |
0.50% | |
Blue Chip Growth Fund |
0.75% | |
Broad Cap Value Income Fund |
0.70% on the first $250 million | |
| 0.65% on the next $250 million | ||
| 0.60% on the next $500 million | ||
| 0.55% on assets over $1 billion | ||
Capital Conservation Fund |
0.50% on first $250 million | |
| 0.45% on the next $250 million | ||
| 0.40% on the next $500 million | ||
| 0.35% on assets over $1 billion | ||
Core Equity Fund |
0.80% on first $250 million | |
| 0.75% on the next $250 million | ||
| 0.70% on the next $500 million | ||
| 0.65% on assets over $1 billion | ||
Core Value Fund |
0.77% on the first $250 million | |
| 0.72% on the next $250 million | ||
| 0.67% on the next $500 million | ||
Foreign Value Fund |
0.73% on the first $250 million | |
| 0.68% on the next $250 million | ||
| 0.63% on the next $500 million | ||
| 0.58% on assets over $1 billion | ||
Global Equity Fund |
0.82% on the first $250 million | |
| 0.77% on the next $250 million | ||
| 0.72% on the next $500 million | ||
| 0.67% over $1 billion | ||
Global Social Awareness Fund |
0.50% | |
Global Strategy Fund |
0.50% | |
Government Securities Fund |
0.50% on first $250 million | |
| 0.45% on next $250 million | ||
| 0.40% on the next $500 million | ||
| 0.35% on assets over $1 billion | ||
Growth and Income Fund |
0.75% |
EXHIBIT D.(1)(e)
Health Sciences Fund |
1.00% on first $500 million | |
| 0.95% on assets over $500 million | ||
Inflation Protected Fund |
0.50% on the first $250 million | |
| 0.45% on the next $250 million | ||
| 0.40% on assets over $500 million | ||
International Equities Fund |
0.35% on the first $500 million | |
| 0.25% on assets over $500 million | ||
International Government Bond Fund |
0.50% on the first $250 million | |
| 0.45% on the next $250 million | ||
| 0.40% on the next $500 million | ||
| 0.35% on assets over $1 billion | ||
International Growth I Fund |
0.95% on the first $250 million | |
| 0.90% on the next $250 million | ||
| 0.85% on the next $500 million | ||
| 0.80% on assets over $1 billion | ||
Large Cap Core Fund |
0.70% on the first $250 million | |
| 0.65% on the next $250 million | ||
| 0.60% on the next $500 million | ||
| .055% on assets over $1 billion | ||
Large Capital Growth Fund |
0.75% on the first $250 million | |
| 0.70% on the next $250 million | ||
| 0.65% on assets over $500 million | ||
Mid Cap Index Fund |
0.35% on the first $500 million | |
| 0.25% on the next $2.5 billion | ||
| 0.20% on the next $2 billion | ||
| 0.15% on assets over $5 billion | ||
Mid Cap Strategic Growth Fund |
0.70% on the first $250 million | |
| 0.65% on the next $250 million | ||
| 0.60% on assets over $500 million | ||
Money Market I Fund |
0.40% | |
Nasdaq-100Ò Index Fund |
0.40% | |
Science & Technology Fund |
0.90% on the first $500 million | |
| 0.85% on assets over $500 million | ||
Small Cap Aggressive Growth Fund |
0.85% on the first $250 million | |
| 0.75% on assets over $250 million | ||
Small Cap Fund |
0.90% on the first $250 million | |
| 0.85% on the next $250 million | ||
| 0.80% on the next $500 million | ||
| 0.75% on assets over $1 billion |
EXHIBIT D.(1)(e)
Small Cap Index Fund |
0.35% on the first $500 million | |
| 0.25% on the next $2.5 | ||
| 0.20% on the next $3 billion to $5 billion | ||
| 0.15% on assets over $5 billion | ||
Small Cap Special Values Fund |
0.75% on the first $500 million | |
| 0.70% on assets over $500 million | ||
Small Cap Strategic Growth Fund |
0.85% on the first $250 million | |
| 0.75% on assets over $250 million | ||
Stock Index Fund |
0.35% on the first $500 million | |
| 0.25% on the next $2.5 billion | ||
| 0.20% on the next $2 billion | ||
| 0.15% on assets over $5 billion | ||
VALIC Ultra Fund |
0.89% on the first $250 million | |
| 0.84% on the next $250 million | ||
| 0.78% on the next $500 million | ||
| 0.73% on assets over $1 billion | ||
Value Fund |
0.78% on the first $250 million | |
| 0.73% on the next $250 million | ||
| 0.68% on the next $500 million | ||
| 0.63% on assets over $1 billion |
