AMENDMENT NO. 9 TO INVESTMENT ADVISORY AGREEMENT
Exhibit d(1)(i)
AMENDMENT NO. 9 TO INVESTMENT ADVISORY AGREEMENT
This AMENDMENT NO. 9 to the INVESTMENT ADVISORY AGREEMENT (the “Amendment”) is effective as of
October 1, 2009, 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 funds
listed in Schedule A (the “Covered Funds”); and
WHEREAS, the parties wish to amend Schedule A to the Agreement to reflect the amendment
of the advisory fee rate payable with respect to the Growth 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 revised advisory fee rate for the Growth 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. 9 as of the date
first above written.
| THE VARIABLE ANNUITY LIFE INSURANCE COMPANY |
VALIC COMPANY I | |||||||
By:
|
/s/ Xxxx X. Xxxxxxxx | By: | /s/ Xxxx X. Xxxxxx | |||||
Name:
|
Xxxx X. Xxxxxxxx | Name: | Xxxx X. Xxxxxx | |||||
Title:
|
Senior Vice President | Title: | Vice President & Secretary | |||||
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% on first $250 million | |
| 0.725% on next $250 million | ||
| 0.70% on assets over $500 million | ||
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 Fund1 |
0.77% on the first $250 million | |
| 0.72% on the next $250 million | ||
| 0.67% on the next $500 million | ||
| 0.62% on assets over $1 billion | ||
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 Fund2 |
0.81% on the first $250 million | |
| 0.76% on the next $250 million | ||
| 0.71% on the next $500 million | ||
| 0.66% over $1 billion | ||
Global Real Estate Fund |
0.75% on the first $250 million | |
| 0.70% on the next $250 million | ||
| 0.65% on assets over $500 million | ||
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% | |
Growth Fund |
0.73% on the first $500 million | |
| 0.67% on the next $500 million | ||
| 0.64% on the next $500 million | ||
| 0.61% on assets over $1.5 billion | ||
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 | ||
| 0.55% on assets over $1 billion | ||
Large Capital Growth Fund3 |
0.64% on the first $750 million | |
| 0.59% on assets over $750 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 | ||
Small 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 | ||
Small Cap Special Values Fund |
0.75% on the first $500 million | |
| 0.70% on assets over $500 million | ||
Small-Mid 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 | ||
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 |
| 1 | On July 26, 2005, the Board of Directors of VALIC Company I (the “Board”) approved the addition of breakpoints to the advisory fee rate of the Core Value Fund (formerly, the Income & Growth Fund) as reflected herein, which rate became effective October 1, 2005. | |
| 2 | On July 26, 2005, the Board approved the reduction to the advisory fee rate of the Global Equity Fund as reflected herein, which rate became effective December 5, 2005. | |
| 3 | On January 18, 2006, the Board approved the reduction of the advisory fee rate of the Large Capital Growth Fund as reflected herein, which rate became effective February 1, 2006. |
