AMENDMENT NO. 5 TO INVESTMENT ADVISORY AGREEMENT
This AMENDMENT NO. 5 to the INVESTMENT ADVISORY
AGREEMENT (the "Amendment") is effective as of June 1, 2010, by and among
THE VARIABLE ANNUITY LIFE INSURANCE COMPANY ("VALIC") and
VALIC COMPANY II ("XX XX").
RECITALS
WHEREAS, VALIC and VALIC Company II ("XX XX") entered
into an Investment Advisory Agreement dated January 1, 2002, as
amended (the "Agreement"), with respect to the Covered Funds reflected
in Schedule A; and
WHEREAS, the parties wish to amend Schedule A to the
Agreement to reflect the fee change to the Capital Appreciation Fund.
NOW, THEREFORE, in consideration of the mutual promises set
forth herein, VALIC and XX XX agree as follows:
1. Schedule A Amendment. Schedule A is amended to
reflect the advisory fee change to the Capital
Appreciation 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. 5 as of the date first above written.
THE VARIABLE ANNUITY LIFE VALIC COMPANY II
INSURANCE COMPANY
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
VALIC COMPANY II
SCHEDULE A
to Investment Advisory Agreement
(Effective June 1, 2010)
COVERED FUNDS
Annual Fee computed at the following annual rate, based on average monthly net
assets value and payable monthly:
Aggressive Growth Lifestyle Fund 0.10%
Capital Appreciation Fund 0.55% on the first $1 billion
0.525% on assets over $1 billion
Core Bond Fund 0.50% on the first $200 million
0.45% on the next $300 million
0.40% on assets over $500 million
Conservative Growth Lifestyle Fund 0.10%
High Yield Bond Fund 0.65% on the first $150 million
0.60% on the next $300 million
0.55% over $500 million
International Small Cap Equity Fund
0.90% on the first $100 million
0.80% on the next $650 million
0.75% on assets over $750 million
Large Cap Value Fund
0.50% on the first $500 million
0.475% on assets over $500 million
Mid Cap Growth Fund 0.80% on the first $50 million
0.75% on the next $50 million
0.70% on the next $150 million
0.65% on the next $250 million
0.60% on assets over $500 million
Mid Cap Value Fund 0.75% on the first $100 million
0.725% on the next $150 million
0.70% on the next $250 million
0.675% on the next $250 million
0.65% over $750 million
Moderate Growth Lifestyle Fund 0.10%
Money Market II Fund 0.25%
Small Cap Growth Fund 0.85% on the first $100 million
0.80% on assets over $100 million
Small Cap Value Fund 0.75% on the first $50 million
0.65% on assets over $50 million
Socially Responsible Fund
0.25% on the first $1 billion
0.24% on assets over $1 billion
Strategic Bond Fund 0.60% on the first $200 million
0.50% on the next $300 million
0.45% on assets over $500 million
