FORM OF PROPOSED AMENDMENT TO ADVISORY AGREEMENT
AMENDMENT TO ADVISORY AGREEMENT Dated January 9, 1996 between LPT Variable
Insurance Series Trust and LPIMC Insurance Marketing Services
Section 3.1 is hereby amended with the following changes to the fee schedule
effective May 1, 1997:
1. Section 3.1.3 is hereby deleted in its entirety and the following is
substituted in its place and stead:
PORTFOLIO PROPOSED ADVISORY FEE
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Xxxxxx Associates Value 1.00% of first $25 million of average daily net
assets
.85% of next $75 million of average daily net
assets
.75% of average daily net assets over and above
$ 100 million
2. Section 3.1.4 is hereby deleted in its entirety and the following is
substituted in its place and stead:
Xxxxxxxxx Xxxxxxxx Diversified Growth
PORTFOLIO PROPOSED ADVISORY FEE
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Xxxxxxxxx Xxxxxxxx .95% of first $10 million of average daily net
Diversified Growth assets
.90% of the next $25 million of average daily
net assets
.85% of the next $165 million of average daily
net assets
.80% of average daily net assets over and above
$ 200 million
LPT Variable Insurance Series Trust
By___________________________________
LPIMC Insurance Marketing Services
By___________________________________
