AMENDMENT TO ADMINISTRATIVE SERVICES AGREEMENT
Franklin Xxxxxxxxx Services, LLC
Jefferson Pilot Financial Insurance Company
The administrative services agreement, dated as of May 1, 2000, by and among
Franklin Xxxxxxxxx Services, LLC and Jefferson Pilot Financial Insurance Company
(the "Agreement") is hereby amended as follows:
Schedule B of the Agreement is hereby deleted in its entirety and replaced
with the Schedule B attached hereto.
All other terms and provisions of the Agreement not amended herein shall remain
in full force and effect.
Effective Date as of May 1, 2003.
FRANKLIN XXXXXXXXX SERVICES, LLC
By: /s/ Xxxxxx X. Xxxxxxx
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Name: Xxxxxx X. Xxxxxxx
Title: Senior Vice President
JEFFERSON PILOT FINANCIAL INSURANCE COMPANY
By: /s/ Xxxxxxxx Xxxxx
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Name: Xxxxxxxx Xxxxx
Title: Assistant Vice President
SCHEDULE B
ADMINISTRATIVE EXPENSE PAYMENTS
The Fund Administrator agrees to pay the Company a fee, computed daily and paid
quarterly in arrears, equal to an annual rate as set forth below, applied to the
average daily net assets of the shares of the Funds held in the subaccounts of
the Accounts. The payment will be computed and paid in the manner described more
completely in the Agreement.
FRANKLIN XXXXXXXXX VARIABLE
PRODUCT NAME INSURANCE PRODUCTS TRUST -- EFFECTIVE
# COMPANY 1933 ACT NO. PORTFOLIOS AND CLASS FEE DATE
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1. Jefferson Pilot Ensemble II Franklin Small Cap Value Securities 0.10% 05/1/03
Financial Insurance 33-7734 Fund Class 2
Company Xxxxxxxxx Foreign Securities Fund Class 1
2. Jefferson Pilot Ensemble II Franklin Small Cap Value Securities 0.10% 05/1/03
Financial Insurance 33-77496 Fund Class 2
Company Xxxxxxxxx Foreign Securities Fund Class 1
3. Jefferson Pilot Ensemble III Franklin Small Cap Value Securities 0.10% 05/1/03
Financial Insurance 333-93367 Fund Class 2
Company Xxxxxxxxx Foreign Securities Fund Class 2
4. Jefferson Pilot Ensemble EXEC Franklin Small Cap Value Securities 0.10% 05/1/03
Financial Insurance 333-44228 Fund Class 2
Company Xxxxxxxxx Foreign Securities Fund Class 2
5. Jefferson Pilot Ensemble XX Xxxxxxxx Small Cap Value Securities 0.10% 05/1/03
Financial Insurance 33-72830 Fund Class 2
Company Xxxxxxxxx Foreign Securities Fund Class 2
B
