EXHIBIT (h)(32)(b)
Amendment to Administrative Services Agreement
Franklin Xxxxxxxxx Services, LLC
The United States Life Insurance Company in the City of New York
The Administrative Services Agreement, dated as of November 1, 2001, by and
among Franklin Xxxxxxxxx Services, LLC, and The United States Life Insurance
Company in the City of New York (the "Agreement") is hereby amended as follows:
1. Schedule B 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______, 2003.
Franklin Xxxxxxxxx Services, LLC
By:
-------------------------
Name:
Title:
The United States Life Insurance
Company in the City of New York
By:
-------------------------
Name:
Title:
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.
Product / Fee Effective
Company Securities Act No. Funds of the Trust Rate Date
------- ------------------ ------------------------------------------------ ---- ----------
The United Platinum Investor Franklin U.S. Government Fund-Class 2 0.15% 11/1/01
States Life VUL Mutual Shares Securities Fund-Class 2
Insurance 333-79471 Xxxxxxxxx Foreign Securities Fund - Class 2
Company
in the City Platinum Investor Franklin U.S. Government Fund-Class 2
of New Survivor VUL Mutual Shares Securities Fund-Class 2
York 333-57062 Xxxxxxxxx Foreign Securities Fund - Class 2
Platinum Investor Franklin U.S. Government Fund-Class 2 0.15% __/ __/ 03
PLUS VUL Mutual Shares Securities Fund-Class 2
333- Xxxxxxxxx International Securities Fund-Class 2
Franklin Small Cap Value Securities Fund-Class 2
Platinum Investor Franklin U.S. Government Fund-Class 2
Survivor II VUL Mutual Shares Securities Fund-Class 2
333- Xxxxxxxxx International Securities Fund-Class 2
Franklin Small Cap Value Securities Fund-Class 2
Platinum Investor Franklin U.S. Government Fund-Class 2
III VUL Mutual Shares Securities Fund-Class 2
333- Xxxxxxxxx International Securities Fund-Class 2
Franklin Small Cap Value Securities Fund-Class 2
Platinum Investor Franklin U.S. Government Fund-Class 2
IVA Mutual Shares Securities Fund-Class 2
333- Xxxxxxxxx International Securities Fund-Class 2
Franklin Small Cap Value Securities Fund-Class 2
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