Amendment No. 7 to Administrative Services Agreement Franklin Distributors, LLC Massachusetts Mutual Life Insurance Company
Item 30. Exhibit (h) i. i. 2. vii
Amendment No. 7 to
Administrative Services Agreement
Franklin Distributors, LLC
Massachusetts Mutual Life Insurance Company
C.M. Life Insurance Company
THIS AMENDMENT is made by and between Franklin Distributors, 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, as amended August 10, 2005, December 28, 2007, October 14, 2016, September 8, 2020, October 4, 2021, and August 17, 2022 (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 updating schedules and adding new 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. Schedule B of the Agreement is hereby deleted in its entirety and replaced with the Schedule B attached hereto.
2. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.
This Amendment is executed as of July 25, 2023.
| FRANKLIN DISTRIBUTORS, LLC | MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | |||
| By: | /s/ Xxxx Xxxxx | By: | /s/ Xxxxxxx X. Xxxx | |
| Name: | Xxxx Xxxxx | Name: | Xxxxxxx X. Xxxx | |
| Title: | President | Title: | Head of Institutional Insurance | |
| C.M. LIFE INSURANCE COMPAY | ||||
| By: | /s/ Xxxxxxx X. Xxxx | |||
| Name: | Xxxxxxx X. Xxxx | |||
| Title: | Vice President | |||
1
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 Name | Separate Account/ Registration Yes/No | Class/Funds of the Trust | Fee Rate | Date of beginning of period for computation of fee |
| 1. | Massachusetts Mutual Life Insurance Company | Massachusetts Mutual Variable Life Separate Account I | Class 2 Shares: Franklin Small Cap Value VIP Fund Xxxxxxxxx Foreign VIP Fund |
[__%] | 05/01/03 |
| Yes | Class 1 Shares: | [__%] | 10/01/16 | ||
|
Franklin Mutual Global Discovery VIP Fund Franklin Small Cap Value VIP Fund Franklin Strategic Income VIP Fund Xxxxxxxxx Global Bond VIP Fund
Class 2 Shares: Franklin Mutual Global Discovery VIP Fund Franklin Strategic Income VIP Fund |
|||||
| 2. | C.M. Life Variable Life Insurance Company | C.M. Life Variable Life Separate Account I |
Class 2 Shares: Franklin Small Cap Value VIP Fund Xxxxxxxxx Foreign VIP Fund |
[__%] | 05/01/03 |
| Yes |
Class 2 Shares: Franklin Mutual Global Discovery VIP Fund Franklin Strategic Income VIP |
[__%] | 09/01/21 | ||
| 3. | Massachusetts Mutual Life Insurance Company | Massachusetts Mutual Life Separate Account IX
No |
Class 1 Shares: Franklin Income VIP Fund Franklin Mutual Global Discovery VIP Fund Franklin Rising Dividends VIP Fund Franklin Small Cap Value VIP Fund Franklin Small-Mid Cap Growth VIP Fund Franklin Strategic Income VIP Fund Xxxxxxxxx Global Bond VIP Fund |
[__%] | 09/08/20 |
| 4. | Massachusetts Mutual Life Insurance Company | Massachusetts Mutual Life Separate Account X
No |
Class 1 Shares: Franklin Income VIP Fund Franklin Mutual Global Discovery VIP Fund Franklin Rising Dividends VIP Fund Franklin Small Cap Value VIP Fund Franklin Small-Mid Cap Growth VIP Fund Franklin Strategic Income VIP Fund Xxxxxxxxx Global Bond VIP Fund |
[__%] | 09/01/23 |
2
| 5. | Massachusetts Mutual Life Insurance Company | Massachusetts Mutual Life Separate Account VII
No |
Class 1 Shares: Franklin Income VIP Fund Franklin Mutual Global Discovery VIP Fund Franklin Rising Dividends VIP Fund Franklin Small Cap Value VIP Fund Franklin Small-Mid Cap Growth VIP Fund Franklin Strategic Income VIP Fund Xxxxxxxxx Global Bond VIP Fund |
[__%] | 09/01/23 |
3
