AMENDMENT
TO THE
SERVICES AGREEMENT
THIS AMENDMENT, dated as of October 31, 2007, by and between HARTFORD LIFE
INSURANCE COMPANY ("Service Provider") and ROYCE & ASSOCIATES, LLC ("Royce"),
and the registered investment companies and/or series thereof listed in Schedule
A (the "Funds"):
WITNESSETH:
WHEREAS, Service Provider, Royce and the Funds entered into a Services
Agreement dated January 10, 2003 (the "Agreement") with regard to certain
employee benefit plans for which Service Provider provides administrative and
recordkeeping services (the "Plans"); and
WHEREAS, Service Provider, Royce and the Funds now wish to amend and
restate in its entirety Schedule A of the Agreement in the form attached hereto.
NOW THEREFORE, in consideration of the above, Service Provider, Royce and
the Funds hereby amend Schedule A of the Agreement in the form attached hereto
and made a part hereof.
IN WITNESS WHEREOF, Service Provider, Royce and the Funds have caused this
Amendment to be executed by their duly authorized officers effective as of the
day and year first above written.
HARTFORD LIFE INSURANCE COMPANY
By: /s/ Xxxxx Xxx
---------------------------------
Name: Xxxxx Xxx
---------------------------------
Title: Vice President
---------------------------------
THE ROYCE FUND
By: /s/ Xxxx X. Xxxxxxxxx
---------------------------------
Name: Xxxx X. Xxxxxxxxx
---------------------------------
Title: Vice President
---------------------------------
ROYCE & ASSOCIATES, LLC
By: /s/ Xxxx X. Xxxxxxxxx
---------------------------------
Name: Xxxx X. Xxxxxxxxx
---------------------------------
Title: Chief Operating Officer
---------------------------------
SCHEDULE A
TICKER CUSIP FEE RATE
------ ----- --------
Investment Class
----------------
Pennsylvania Mutual Fund PENNX 780905840 .10%
Royce Premier Fund RYPRX 780905600 .10%
Royce Micro-Cap Fund RYOTX 780905709 .10%
Royce Total Return Fund RYTRX 780905881 .10%
Royce Opportunity Fund RYPNX 780905832 .10%
Royce Special Equity Fund RYSEX 780905782 .10%
Service Class
-------------
Pennsylvania Mutual Fund RYPFX 780905667 .35%
Royce Opportunity Fund RYOFX 780905758 .35%
Royce Total Return Fund RYTFX 780905642 .35%
Royce Micro-Cap Fund RMCFX 780905659 .35%
Royce Premier Fund RPFFX 780905634 .35%
Royce Special Equity Fund RSEFX 780905527 .35%
Royce Low-Priced Stock Fund RYLPX 780905808 .35%
Royce Technology Value Fund RYTVX 780905584 .35%
Royce Value Fund RYVFX 780905733 .35%
Royce Value Plus Fund RYVPX 780905741 .35%
Royce 100 Fund RYOHX 780905519 .35%
Royce Discovery Fund RYDFX 780905477 .35%
Royce Dividend Value Fund RYDVX 780905436 .35%
Royce Financial Services Fund RYFSX 780905469 .35%
Royce Heritage Fund RGFAX 780905857 .35%
Institutional Share Class
-------------------------
Royce Opportunity Fund ROFIX 780905691 No Fee
Royce Total Return Fund RTRIX 780905717 No Fee
Royce Micro Cap Fund RMCIX 780905725 No Fee
Royce Premier Fund RPRIX 780905683 No Fee
Royce Low Priced Stock Fund RLPIX 780905394 No Fee
Royce Special Equity Fund RSEIX 780905535 No Fee
Royce 100 Fund Not Live 780905493 No Fee
Administrative and Shareholder Fees
As compensation for the services provided under this Agreement, the
Service Provider will be entitled to receive a fee, computed daily and paid
quarterly in arrears, at the annual rates set forth above of the average daily
value of the Shares of the Funds owned beneficially by the Plans. For purposes
of this schedule, the average daily value of the Shares of each Fund will be
based on the net asset value reported by Royce or its designee to the Service
Provider.
Each Fund will be obligated to pay that portion of the fee designated by
it as representing transfer agent, recordkeeping, administrative servicing
and/or shareholder servicing fees which the Fund would otherwise pay if Plan
Accounts were direct shareholders of the Fund. Royce, or its designee, will pay
any portion of the fee not paid by the Funds. In this regard, the Service
Provider acknowledges that Royce's payments to the Service Provider may be
funded, in whole or in part, by payments received by Royce Fund Services, Inc.
("RFS"), the distributor for the Funds and a wholly-owned subsidiary of Royce,
from a fund under a plan of distribution adopted by that Fund pursuant to Rule
12b-1 under the Investment Company Act of 1940 (12b-1 Plan); if this is the
case, the Service Provider will provide such information to Royce as is
reasonably necessary for RFS to comply with its obligations under the 12b-1
Plan, including, but not limited to, obligations to make disclosures to the
board(s) of trustees of the Fund.
