SECOND AMENDMENT TO THE FINANCIAL SUPPORT AGREEMENT for AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
Item 30. Exhibit (h) i. a. 2. ii.
DocuSign Envelope ID: [_____]
SECOND AMENDMENT TO THE FINANCIAL SUPPORT AGREEMENT for AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
THIS SECOND AMENDMENT, effective as of April 1, 2022 (“Second Amendment”), amends the Financial Support Agreement between C.M. Life Insurance Company, a Connecticut life insurance company and MML Bay State Life Insurance Company (“Insurers”) and Invesco Distributors, Inc., a Delaware corporation, (“Invesco”) (collectively, the “Parties”) dated October 1, 2016, as amended (“Agreement”).
WHEREAS, the Parties wish to amend the Agreement to replace Schedule A; and
WHEREAS, Section 6 requires amendments to be mutually agreed upon by the Parties in writing; and
NOW THEREFORE, the Parties hereby agree to amend the terms of the Agreement, pursuant to Section 6, as follows:
| 1. | Schedule A of the Agreement is hereby deleted in its entirety and replaced with the attached Schedule A. |
| 2. | Except as expressly provided in this Second Amendment, all other terms and provisions of the Agreement shall remain in full force and effect. |
| 3. | Terms used, but not otherwise defined herein, shall have the meaning set forth in the Agreement. |
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DocuSign Envelope ID: [_____]
IN WITNESS WHEREOF, the parties below have caused this Second Amendment to the Financial Support Agreement for the AIM Variable Insurance Funds (Invesco Variable Insurance Funds) to be executed by their duly authorized officers effective as of the day and year first written above.
C.M. LIFE INSURANCE COMPANY
| By: | /s/ Xxxxxx Xxxxxxxxxxx | |||
| Print Name: | Xxxxxx Xxxxxxxxxxx | |||
| Title: | Head of Annuity Product | |||
MML BAY STATE LIFE INSURANCE COMPANY
| By: | /s/ Xxxxxx Xxxxxxxxxxx | |||
| Print Name: | Xxxxxx Xxxxxxxxxxx | |||
| Title: | Head of Annuity Product | |||
INVESCO DISTRIBUTORS, INC.
| By: | /s/ Xxxxxx Xxxxxxxxx | |||
| Print Name: | Xxxxxx Xxxxxxxxx | |||
| Title: | Vice President 7/25/2022 | |||
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DocuSign Envelope ID: [_____]
SCHEDULE A
FINANCIAL SUPPORT FEE
| 1) | Invesco agrees to pay to Insurers a quarterly fee (“Quarterly Fee”) equal to a percentage of the average daily net assets of the Portfolios attributable to the Contracts issued by Insurers at the following annual rates: |
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Annual Rate: [_____]% ([_____] basis points) |
Invesco V.I. Equally Weighted S&P 500 Fund Invesco V.I. U.S. Government Money Market Portfolio Invesco V.I. S&P 500 Index Fund |
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Annual Rate: [_____]% ([_____] basis points) |
Invesco V.I. American Franchise Fund Invesco V.I. American Value Fund Invesco V.I. Balanced-Risk Allocation Fund Invesco V.I. Xxxxxxxx Fund Invesco V.I. Core Equity Fund Invesco V.I. Diversified Dividend Fund Invesco V.I. Equity and Income Fund Invesco V.I. Global Core Equity Fund Invesco V.I. Global Health Care Fund Invesco V.I. Global Real Estate Fund Invesco V.I. Government Securities Fund Invesco V.I. Growth and Income Fund Invesco V.I. High Yield Fund Invesco V.I. International Growth Fund Invesco V.I. Managed Volatility Fund Invesco V.I. Mid Cap Core Equity Fund Invesco V.I. Mid Cap Growth Fund Invesco V.I. Small Cap Equity Fund Invesco V.I. Technology Fund Invesco V.I. Value Opportunities Fund |
|
Annual Rate: [_____]% ([_____] basis points) |
Invesco V.I. Capital Appreciation Fund Invesco V.I. Conservative Balanced Fund Invesco V.I. Discovery Mid Cap Growth Fund Invesco V.I. Global Fund Invesco V.I. Global Strategic Income Fund Invesco V.I. Main Street Fund Invesco V.I. Main Street Small Cap Fund Invesco V.I. Core Plus Bond Fund Invesco Xxxxxxxxxxx V.I. International Growth Fund
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| 2) Invesco agrees to reimburse Insurers for reasonable and documented printing costs, in aggregate, for Fund Materials issued for C.M. Life Insurance Company, MML Bay State Insurance Company and Mass Mutual Life Insurance Company, according to the following reimbursement grid. Any costs exceeding reimbursement caps shown below will be borne by the Insurers. All reimbursements to Insurer for documented printing costs will terminate as of December 31, 2022. |
| May 25, 2019 – December 31, 2019 | $[_____] reimbursement cap |
| January 1, 2020 – December 31, 2020 | $[_____] reimbursement cap |
| January 1, 2021 – December 31, 2021 | $[_____] reimbursement cap |
| January 1, 2022- December 31, 2022 | $[_____] reimbursement cap |
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