April 12, 1999
Xxxx X. XxXxxxxx
Western-Southern Life Assurance Company
000 Xxxxxxxx
Xxxxxxxxxx, Xxxx 00000
Xxxx Xxxxxxxxx
Columbus Life Insurance Company
000 Xxxx 0xx Xxxxxx
Xxxxxxxxxx, Xxxx 00000
Re: MFS Variable Insurance Trust (the "Trust")
Dear Xx. XxXxxxxx and Xx. Xxxxxxxxx:
The purpose of this letter is to confirm certain financial arrangements
between Massachusetts Financial Services Company ("MFS"), the investment adviser
to the Trust, on the one hand, and Western-Southern Life Assurance Company and
Columbus Life Insurance Company (collectively, "Western-Southern/Columbus"), on
the other hand, in connection with Western-Southern/Columbus' investment in the
Trust. MFS or its affiliates agree to pay an administrative assistance fee to
Touchstone Securities, Inc., an affiliate of Western-Southern/Columbus, equal,
on an annualized basis, to 0.20% of the net assets of the Trust attributable to
variable life or variable annuity contracts offered by
Western-Southern/Columbus. Such fee shall be paid quarterly (on a calendar year
basis) in arrears.
Please confirm your understanding of this arrangement by having the
enclosed duplicate copy of this letter signed where indicated below and return
this duplicate copy to me.
Very truly yours,
MASSACHUSETTS FINANCIAL SERVICES COMPANY
Xxxxxxx X. Xxxxxx
Chairman and Chief Executive Officer
WESTERN-SOUTHERN LIFE ASSURANCE COMPANY
By: _______________________________
Title: ____________________________
COLUMBUS LIFE INSURANCE COMPANY
By: _______________________________
Title: ____________________________
Enclosure
cc: Xxxx X. Xxxxxxx
Xxxxx Xxxxxxx
