Exhibit h(ii) under Form N-1A
Exhibit 10 under Item 601/Reg. S-K
EXHIBIT 1
to the Agreement for
Fund Accounting Services,
Administrative Services
and
Transfer Agency Services
The Agreement for Fund Accounting Services, Administrative Services
and Transfer Agency Services dated March 3, 2000, between WACHOVIA
VARIABLE INSURANCE FUNDS, and FEDERATED SERVICES COMPANY shall apply to
the following Portfolios:
Wachovia Balanced Fund II
Wachovia Equity Fund II
Wachovia Special Values Fund II
I. General Fee
For all Fund Accounting, Administrative, and Transfer Agency Services
provided pursuant to this Agreement, the Investment Company agrees to pay
and the Company hereby agrees to accept as full compensation for its
services rendered hereunder a fee as follows:
10.0 basis points on average daily net assets* up to $3.5 billion
6.0 basis points on average daily net assets* of $3.5 to $5.0 billion
4.0 basis points on average daily net assets* of $5.0 to $10.0 billion
3.0 basis points on average daily net assets* of $10.0 to $20.0 billion
2.0 basis points on average daily net assets* over $20.0 billion
*Of Wachovia Variable Insurance Funds, The Wachovia Funds and The
Wachovia Municipal Funds, excluding Wachovia Prime Money Market Fund
II. Fund Accounting Services Out-of-Pocket Expenses
Out-of-pocket expenses include, but are not limited to, the following:
postage (including overnight courier service), statement stock,
envelopes, telephones, telecommunication charges (including Fax), travel,
duplicating, forms, supplies, microfiche, computer access charges, client
specific system enhancements ,access to the shareholder recordkeeping
system, security pricing services, variable rate change notification
services, paydown factor notification services
III. Transfer Agency Services Out-of-Pocket Expenses
Out-of-pocket expenses include but are not limited to postage (including
overnight courier service), statement stock, envelopes, telecommunication
charges (including Fax), travel, duplicating, forms, supplies,
microfiche, computer access charges, client specific enhancements,
disaster recovery, closed account fees, processing fees (including check
encoding), and expenses incurred at the specific direction of the Fund.
Postage for mass mailings is due seven days in advance of the mailing
date.
IV. Payment
Payment is due thirty days after the date of the invoice.
IN WITNESS WHEREOF, the parties hereto have caused this Schedule to be
executed in their names and on their behalf under their seals by and
through their duly authorized officers, as of March 3, 2000.
WACHOVIA VARIABLE INSURANCE FUNDS
By: /s/ Xxxxx X. Xxxxxxxxx
---------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Vice President
FEDERATED SERVICES COMPANY
By: /s/ Xxxx Xxxxxx
---------------------------------
Name: Xxxx Xxxxxx
Title: Vice President
