Amendment No. 2 to Administrative Services Agreement Franklin Templeton Services, LLC Massachusetts Mutual Life Insurance Company
Item 30. Exhibit (h) i. j. 2. ii.
Amendment No. 2 to
Administrative Services Agreement
Franklin Xxxxxxxxx Services, LLC
Massachusetts Mutual Life Insurance Company
C.M. Life Insurance Company
THIS AMENDMENT is made by and between Franklin Xxxxxxxxx Services, LLC (the “Fund Administrator”), Massachusetts Mutual Life Insurance Company and C.M. Life Insurance Company
(together, the “Company”).
WHEREAS, the Company, MML Bay State Life Insurance Company and the Fund Administrator have entered into an Administrative Services Agreement, dated as of May 1, 2002 and amended August 10, 2005 (the “Agreement”), concerning certain administrative services with respect to each series (“Fund” or “Funds”) of Franklin Xxxxxxxxx Variable Insurance Products Trust (the “Trust”) listed on the Schedule B of the Agreement;
WHEREAS, the Company and the Fund Administrator wish to amend the Agreement for the purpose of (i) removing MML Bay State Life Insurance Company as a party to the Agreement, and (ii) updating variable life or variable annuity insurance contracts covered by the Agreement.
NOW, THEREFORE, in consideration of past and prospective business relations, the Fund Administrator and the Company hereby amend the Agreement as follows:
1. | MML Bay State Life Insurance Company is no longer a party to the Agreement. |
2. | Schedule B of the Agreement is hereby deleted in its entirety and replaced with the Schedule B attached hereto. |
3. | All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. |
This Amendment is executed as of December 28, 2007.
FRANKLIN XXXXXXXXX SERVICES, LLC |
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | |||||||||
By: |
/s/ Xxxxxx Xxxxxx |
By: |
/s/ Xxxxx Xxxxxxxxxx | |||||||
Name: | Xxxxxx Xxxxxx | Name: | Xxxxx Xxxxxxxxxx | |||||||
Title: | Vice President | Title: | Vice President | |||||||
C.M. LIFE INSURANCE COMPANY | ||||||||||
By: |
/s/ Xxxxx Xxxxxxxxxx | |||||||||
Name: | Xxxxx Xxxxxxxxxx | |||||||||
Title: | Vice President |
[____]
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Schedule B
Administrative Expense Payment
The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement.
# | Company |
Product Name/ 1933 Act No. |
Funds of the Trust (All Class 2 Shares) |
Fee Rate |
Date of Beginning of Period for Computation of fee | |||||
1. |
Massachusetts Mutual Life Insurance Company |
Survivorship (“SVUL”) 333-41657 |
Franklin Small Cap Value Securities Fund Securities Fund |
[ ]% | 5/1/2003 | |||||
2. |
Massachusetts Mutual Life Insurance Company |
Survivorship (“SVUL II”) 333-88503 |
Franklin Small Cap Value Securities Fund Securities Fund |
[ ]% | 05/01/03 | |||||
3. |
Massachusetts Mutual Life Insurance Company |
Survivorship VUL 333-114171 |
Franklin Small Cap Value Securities Fund Xxxxxxxxx Foreign Securities Fund |
[ ]% | 05/01/03 | |||||
4. |
Massachusetts Mutual Life Insurance Company |
Variable Universal 333-49475 |
Franklin Small Cap Value Securities Fund Securities Fund |
[ ]% | 05/01/03 | |||||
5. | Massachusetts Mutual Life Insurance Company |
Variable Universal Life Insurance Policy (“VUL II”) 333-50410 |
Franklin Small Cap Value Securities Fund Xxxxxxxxx Foreign Securities Fund |
[ ]% | 02/01/02 | |||||
6. | Massachusetts Mutual Life Insurance Company |
VUL GuardSM 333-101495 |
Class 2 shares: Franklin Small Cap Value Securities Fund Xxxxxxxxx Foreign Securities Fund |
[ ]% | 05/01/03 | |||||
7. | C.M. Life Insurance Company |
Survivorship Variable Universal Life Insurance Policy (“SVUL”) 333-41667 |
Franklin Small Cap Value Securities Fund Xxxxxxxxx Foreign Securities Fund |
[ ]% | 5/1/2003 |
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# | Company |
Product Name/ 1933 Act No. |
Funds of the Trust (All Class 2 Shares) |
Fee Rate |
Date of Beginning of Period for Computation of fee | |||||
8. |
C.M. Life Insurance Company |
Survivorship Variable Universal Life Insurance Policy (“SVUL II”) 333-88493 |
Franklin Small Cap Value Securities Fund Xxxxxxxxx Foreign Securities Fund |
[ ]% | 05/01/03 | |||||
9. |
C.M. Life Insurance Company |
Variable Universal Life Insurance Policy (“VUL”) 333-49457 |
Franklin Small Cap Value Securities Fund Xxxxxxxxx Foreign Securities Fund |
[ ]% | 05/01/03 |
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