VIA Regular Mail Todd Campo Neuberger Berman Management Inc. 605 Third Avenue New York, NY 10158-0180

Xxxxxxxxx XxxXxxxx				Direct Dial: (000) 000-0000
Vice President				E-mail: XXxxXxxxx@XxxxxxxxXxxx.xxx
		May 23, 2008

VIA Regular Mail

Xxxx Xxxxx
Xxxxxxxxx Xxxxxx Management Inc.
000 Xxxxx Xxxxxx
Xxx Xxxx, XX
00000-0000

Dear Xx. Xxxxx:

This letter sets forth an amendment to the terms and conditions of the services agreement
between Xxxxxxxxx Xxxxxx Management Inc. (“NBMI”) and National Life Insurance Company
(the “Company”), with an effective date of May 1, 1997 (the “Agreement”). The seventh
paragraph in the body of the Agreement is hereby replaced, in its entirety, with the following
language:

In consideration of the Services, NBMI agrees to pay to the Company a service
fee at an annual rate equal to twenty (20) basis points (0.20%) of the average daily
value of the Shares held in Separate Accounts. For purposes of computing the
payment to the Company under this paragraph, the average daily value of Shares
held in Separate Accounts over a monthly period shall be computed by totaling
such Separate Accounts’ aggregate investment (Share net asset value multiplied
by total number of Shares held by such Separate Accounts) on each business day
during the calendar month, and dividing by the total number of business days
during such month. The payment to the Company under this paragraph shall be
calculated by NBMI at the end of each calendar month and will be paid to the
Company within thirty (30) days thereafter.

NATIONAL LIFE GROUP® IS A TRADE NAME OF NATIONAL LIFE INSURANCE COMPANY AND ITS AFFILIATES. EACH COMPANY OF THE
NATIONAL LIFE GROUP® IS RESPONSIBLE FOR ITS OWN FINANCIAL CONDITION AND CONTRACTUAL OBLIGATIONS.
NATIONAL LIFE INSURANCECOMPANYÙONENATIONALLIFEDRIVEÙ MONTPELIER, VERMONT 05604

Sincerely,

NATIONAL LIFE INSURANCE COMPANY

Name: Xxxxxxxxx XxxXxxxx
Title: Vice President

Acknowledged and Xxxxxx to:

XXXXXXXXX XXXXXX MANAGEMENT INC.

Name:
Title: