AMENDMENT
TO
ADMINISTRATIVE SERVICES AGREEMENT
WHEREAS, AETNA GENERATIONS PORTFOLIOS, INC., a Maryland corporation, on
behalf of each of its portfolios, Aetna Ascent VP, Aetna Crossroads VP and Aetna
Legacy VP (each a "Portfolio"), has entered into an Administrative Services
Agreement (the "Agreement") with AELTUS INVESTMENT MANAGEMENT, INC., a
Connecticut corporation (the "Administrator"), effective January 1, 1999;
NOW THEREFORE, it is agreed as follows:
The fee waiver provision in Section VII of the Agreement is amended as
follows:
Notwithstanding the above, the Administrator may waive a portion or all
of the fees it is entitled to receive. Through December 31, 2000, the
Administrator has agreed to waive fees so that the total annual operating
expenses (excluding distribution fees) do not exceed the percentage of
the average daily net assets outlined below for each Portfolio:
Aetna Ascent VP 0.75%
Aetna Crossroads VP 0.70%
Aetna Legacy VP 0.65%
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed in duplicate by their respective officers as of the 30th day of
December, 1999.
AELTUS INVESTMENT
MANAGEMENT, INC.
Attest: /s/ Xxxxxx X. Xxxxxx By: /s/ Xxx X. Doberman
----------------------------------- -------------------------------------------
Name: Xxxxxx X. Xxxxxx Name: Xxx X. Doberman
----------------------------------- -------------------------------------------
Title: Assistant Secretary Title: Vice President
----------------------------------- -------------------------------------------
AETNA GENERATIONS PORTFOLIOS, INC.
on behalf of its Portfolios,
Aetna Ascent VP
Aetna Crossroads VP
Aetna Legacy VP
Attest: /s/ Xxxxxxx Xxxxxxx By: /s/ J. Xxxxx Xxx
-------------------------------------- -------------------------------------------
Name: Xxxxxxx Xxxxxxx Name: J. Xxxxx Xxx
-------------------------------------- --------------------------------------------
Title: Assistant Secretary Title: President
-------------------------------------- --------------------------------------------
