Amendment No. 1 to Administrative Services Agreement Franklin Templeton Services, LLC Annuity Investors Life Insurance Company
Amendment No. 1 to
Administrative Services Agreement
Franklin Xxxxxxxxx Services, LLC
Annuity Investors Life Insurance Company
THIS AMENDMENT is made by and between Franklin Xxxxxxxxx Services, LLC (the “Fund Administrator”) and Annuity Investors Life Insurance Company (the “Company”).
WHEREAS, The Company and the Fund Administrator have entered into an Administrative Services Agreement, dated as of May 1, 2008 as may be amended from time to time (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 adding certain new Funds, 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 February 16, 2009.
| FRANKLIN XXXXXXXXX SERVICES, LLC | ||
| By: | /s/ Xxxxxx Xxxxxx | |
| Name: | Xxxxxx Xxxxxx | |
| Title: | Vice President | |
| ANNUITY INVESTORS LIFE INSURANCE COMPANY | ||
| By: | /s/ Xxxxxxxxx X. Xxxxxxx | |
| Name: | Xxxxxxxxx X. Xxxxxxx | |
| Title: | Vice President | |
Annuity Investors Amd #1 to ASA 2009-2-10
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 | Product Name/ Securities Act No. |
Funds of the Trust (All Class 2 Shares Unless Noted) |
Fee Rate |
Date of beginning of period for computation of fee | |||||
| l. | Annuity Investors Life Insurance Company | The Commodore Spirit Individual Flexible Premium Deferred Variable Annuity 333-19725 |
Xxxxxxxxx Foreign Securities Fund | 0.10% | 05/01/08 | |||||
| 2. | Annuity Investors Life Insurance Company | The Commodore Spirit Group Flexible Premium Deferred Variable Annuity 333-19725 | Xxxxxxxxx Foreign Securities Fund | 0.10% | 05/01/08 | |||||
| 3. | Annuity Investors Life Insurance Company | The Commodore Independence Individual Flexible Premium Deferred Variable Annuity 333-51955 |
Xxxxxxxxx Foreign Securities Fund | 0.10% | 05/01/08 | |||||
| 4. | Annuity Investors Life Insurance Company | The Commodore Independence Group Flexible Premium Deferred Variable Annuity 333-51955 |
Xxxxxxxxx Foreign Securities Fund | 0.10% | 05/01/08 | |||||
| 5. | Annuity Investors Life Insurance Company | The Commodore Advantage Individual Flexible Premium Deferred Variable Annuity 333-51971 |
Xxxxxxxxx Foreign Securities Fund | 0.10% | 05/01/08 | |||||
| 6. | Annuity Investors Life Insurance Company | The Commodore Helmsman Individual Flexible Premium Deferred Variable Annuity 333-88300 |
Xxxxxxxxx Foreign Securities Fund | 0.10% | 05/01/08 | |||||
| 7. | Annuity Investors Life Insurance Company | The Commodore Majesty Individual Flexible Premium Deferred Variable Annuity 333-88302 |
Xxxxxxxxx Foreign Securities Fund | 0.10% | 05/01/08 |
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| # | Company Name | Product Name/ Securities Act No. |
Funds of the Trust (All Class 2 Shares Unless Noted) |
Fee Rate |
Date of beginning of period for computation of fee | |||||
| 8. | Annuity Investors Life Insurance Company | Transition20 Individual Flexible Premium Deferred Variable Annuity 333-148387 |
Mutual Shares Securities Fund Franklin U.S. Government Fund Xxxxxxxxx Foreign Securities Fund |
0.10% | 05/01/08 | |||||
| Franklin Small Cap Value Securities Fund Mutual Global Discovery Securities Fund Xxxxxxxxx Global Bond Securities Fund |
0.10% | 05/01/09 | ||||||||
| 9. | Annuity Investors Life Insurance Company | Flex(b) Individual Flexible Premium Deferred Variable Annuity 333-148444 |
Mutual Shares Securities Fund Franklin U.S. Government Fund Xxxxxxxxx Foreign Securities Fund | 0.10% | 05/01/08 | |||||
| Franklin Small Cap Value Securities Fund Mutual Global Discovery Securities Fund Xxxxxxxxx Global Bond Securities Fund |
0.10% | 05/01/09 | ||||||||
| 10. | Annuity Investors Life Insurance Company | Access100 Individual Flexible Premium Deferred Variable Annuity 333-148676 |
Mutual Shares Securities Fund Franklin U.S. Government Fund Xxxxxxxxx Foreign Securities Fund | 0.10% | 05/01/08 | |||||
| Franklin Small Cap Value Securities Fund Mutual Global Discovery Securities Fund Xxxxxxxxx Global Bond Securities Fund |
0.10% | 05/01/09 | ||||||||
| 11. | Annuity Investors Life Insurance Company | ContributorPlus Individual Flexible Premium Deferred Variable Annuity 333-148459 |
Mutual Shares Securities Fund Franklin U.S. Government Fund Xxxxxxxxx Foreign Securities Fund |
0.10% | 05/01/08 | |||||
| Franklin Small Cap Value Securities Fund Mutual Global Discovery Securities Fund Xxxxxxxxx Global Bond Securities Fund |
0.10% | 05/01/09 | ||||||||
| 12. | Annuity Investors Life Insurance Company | TotalGroup Group Flexible Premium Deferred Variable Annuity 333-148940 |
Mutual Shares Securities Fund Franklin U.S. Government Fund Xxxxxxxxx Foreign Securities Fund |
0.10% | 05/01/08 | |||||
| Franklin Small Cap Value Securities Fund Mutual Global Discovery Securities Fund Xxxxxxxxx Global Bond Securities Fund |
0.10% | 05/01/09 |
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