AMENDMENT,
DATED AUGUST 28, 2000,
TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN RYDEX VARIABLE TRUST
AND PADCO SERVICE COMPANY, INC.,
DATED AUGUST 11, 1998,
AS AMENDED
AMENDMENT TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX VARIABLE TRUST
AND
PADCO SERVICE COMPANY, INC.
The following Amendment is made to the Service Agreement between the Trust and
the Servicer, and is hereby incorporated into and made a part of the Accounting
Services Agreement:
The fourth paragraph under the section "Witnesseth" of the
Accounting Services Agreement is amended, effective August 28, 2000, to
read as follows:
WHEREAS, the board of trustees of the Trust (the "Trustees")
have created the following Funds of the Trust: The U.S. Government Bond
Fund, The U.S. Government Money Market Fund, The Nova Fund, The Ursa
Fund, The Arktos Fund, The Juno Fund, The Rydex OTC Fund, The Titan 500
Fund, The Tempest 500 Fund, The Velocity 100 Fund, The Venture 100
Fund, The Large-Cap Europe Fund, The Large-Cap Japan Fund, THE MEKROS
FUND, The Banking Fund, The Basic Materials Fund, The Biotechnology
Fund, The Consumer Products Fund, The Electronics Fund, The Energy
Fund, The Energy Services Fund, The Financial Services Fund, The Health
Care Fund, The Internet Fund, The Leisure Fund, The Precious Metals
Fund, The Retailing Fund, The Technology Fund, The Telecommunications
Fund, and The Transportation Fund, and The Utilities Fund
(collectively, the "Rydex Funds");
ADDITIONS and [DELETIONS] are noted in BOLD.
In witness whereof, the parties hereto have caused this Amendment to be
executed in their names and on their behalf and through their duly-authorized
officers as of the 28th day of August 2000.
RYDEX VARIABLE TRUST
/s/ Xxxxxx X. Xxxxxx, Xx.
------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
PADCO SERVICE COMPANY, INC.
/s/ Xxxxxx X. Xxxxxx, Xx.
------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
