AMENDMENT NO. 8 TO FUND PARTICIPATION AGREEMENT
EX-28.h.22.i.
AMENDMENT NO. 8 TO FUND PARTICIPATION AGREEMENT
This Amendment No. 8 dated May 1, 2013, is between Nationwide Financial Services, Inc., on behalf of its subsidiaries listed on Exhibit A (collectively, “NFS”); Nationwide Fund Advisors (“NFA”), which serves as adviser; and Nationwide Fund Distributors LLC (“NFD,” and collectively with NFA, “Nationwide”), which serves as distributor to the Nationwide Variable Insurance Trust (the “Trust”) with respect to its series of shares of beneficial interest (each a “Fund,” and collectively the “Funds”). This Amendment amends the Fund Participation Agreement dated May 2, 2005.
WHEREAS, for purposes of clarification, the parties mutually desire to amend Exhibit C to the Agreement.
NOW, THEREFORE, NFS and Nationwide mutually agree as follows:
1. | Exhibit C is deleted in its entirety and replaced with the Exhibit C attached hereto. |
2. | All other terms and conditions of the Agreement shall continue in full force and effect. |
IN WITNESS WHEREOF, the undersigned have executed this Amendment by their duly authorized officers as of the day and year first above written.
NATIONWIDE FINANCIAL SERVICES, INC. | ||
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By: | Xxxxxx X. Xxxxxx | |
Title: | Associate Vice President, NIA Operations and Third Party Relations | |
NATIONWIDE FUND ADVISORS | ||
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By: | Xxx X. Xxxxxxxx | |
Title: | SVP Mutual Fund Administration | |
NATIONWIDE FUND DISTRIBUTORS LLC | ||
| ||
By: | Xxx X. Xxxxxxxx | |
Title: | SVP Mutual Fund Administration |
Page 1 of 5
EXHIBIT C
NVIT Funds | Total Service Fee |
12b-1 Fee | Admin Service Fee |
Revenue Sharing |
||||||||||||
Single Manager Funds: |
||||||||||||||||
American Century NVIT Growth Fund Class I |
35 | — | 15 | 20 | ||||||||||||
American Century NVIT Growth Fund Class II |
40 | 25 | 15 | — | ||||||||||||
American Century NVIT Growth Fund Class IV |
35 | — | 15 | 20 | ||||||||||||
NVIT Nationwide Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Nationwide Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Nationwide Fund Class III |
35 | — | 15 | 20 | ||||||||||||
NVIT Nationwide Fund Class IV |
35 | — | 15 | 20 | ||||||||||||
American Funds NVIT Asset Allocation Fund Class II |
50 | 25 | 25 | — | ||||||||||||
American Funds NVIT Bond Fund Class II |
50 | 25 | 25 | — | ||||||||||||
American Funds NVIT Global Growth Fund Class II |
50 | 25 | 25 | — | ||||||||||||
American Funds NVIT Growth Fund Class II |
50 | 25 | 25 | — | ||||||||||||
American Funds NVIT Growth-Income Fund Class II |
50 | 25 | 25 | — | ||||||||||||
NVIT Bond Index Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT Bond Index Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT International Index Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT International Index Fund Class VI |
40 | 25 | 15 | — | ||||||||||||
NVIT International Index Fund Class VIII |
55 | 40 | 15 | — | ||||||||||||
NVIT International Index Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT Mid Cap Index Fund Class I |
25 | * | — | 15 | 10 | * | ||||||||||
* For Products launched before 11-1-97, 35 Total Basis Points per annum and 15 bps Revenue Sharing |
||||||||||||||||
NVIT Mid Cap Index Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT Mid Cap Index Fund Class III |
15 | — | 15 | — | ||||||||||||
NVIT Mid Cap Index Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT S&P 500 Index Fund Class I |
27 | 2 | — | 15 | 12 | |||||||||||
NVIT S&P 500 Index Fund Class II |
47 | 3 | 25 | 15 | 7 | |||||||||||
NVIT S&P 500 Index Fund Class IV |
10 | — | 10 | — | ||||||||||||
NVIT S&P 500 Index Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT Small Cap Index Fund Class II |
47 | 3 | 25 | 15 | 7 | |||||||||||
NVIT Small Cap Index Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
Federated NVIT High Income Bond Fund Class I |
35 | — | 15 | 20 | ||||||||||||
Federated NVIT High Income Bond Fund Class III |
35 | — | 15 | 20 | ||||||||||||
NVIT Developing Markets Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Developing Markets Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Emerging Markets Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Emerging Markets Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Emerging Markets Fund Class III |
35 | — | 15 | 20 | ||||||||||||
NVIT Emerging Markets Fund Class VI |
50 | 25 | 15 | 10 | ||||||||||||
NVIT International Equity Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT International Equity Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT International Equity Fund Class III |
35 | — | 15 | 20 | ||||||||||||
NVIT International Equity Fund Class VI |
50 | 25 | 15 | 10 | ||||||||||||
Invesco NVIT Xxxxxxxx Value Fund Class I |
35 | — | 15 | 20 | ||||||||||||
Invesco NVIT Xxxxxxxx Value Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
Invesco NVIT Xxxxxxxx Value Fund Class IV |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi Sector Bond Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Real Estate Fund Class I |
25 | — | 15 | 10 | ||||||||||||
NVIT Real Estate Fund Class II |
50 | 25 | 15 | 10 |
Page 2 of 5
NVIT Funds | Total Service Fee |
12b-1 Fee | Admin Service Fee |
Revenue Sharing |
||||||||||||
Xxxxxxxxx Xxxxxx NVIT Socially Responsible Fund Class I |
20 | — | 5 | 15 | ||||||||||||
Xxxxxxxxx Xxxxxx NVIT Socially Responsible Fund Class II |
29 | 4 | 9 | 5 | 15 | |||||||||||
Xxxxxxxxx Xxxxxx NVIT Socially Responsible Fund Class Y |
15 | 1 | — | — | 00 | |||||||||||
Xxxxxxxxx Xxxxxx XXXX Multi Cap Opportunities Fund Class I |
25 | — | 15 | 10 | ||||||||||||
Xxxxxxxxx Xxxxxx NVIT Multi Cap Opportunities Fund Class II |
35 | 25 | — | 10 | ||||||||||||
NVIT Core Plus Bond Fund Class I |
25 | — | 15 | 10 | ||||||||||||
NVIT Core Plus Bond Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Core Plus Bond Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT Enhanced Income Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Enhanced Income Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT Government Bond Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Government Bond Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Government Bond Fund Class III |
35 | — | 15 | 20 | ||||||||||||
NVIT Government Bond Fund Class IV |
35 | — | 15 | 20 | ||||||||||||
NVIT Money Market Fund Class I |
40 | — | 15 | 25 | ||||||||||||
NVIT Money Market Fund Class IV |
30 | — | 15 | 15 | ||||||||||||
NVIT Money Market Fund Class V |
35 | — | 10 | 25 | ||||||||||||
NVIT Money Market Fund Class II |
55 | 25 | 15 | 15 | ||||||||||||
NVIT Money Market Fund Class Y |
25 | 1 | — | — | 25 | |||||||||||
NVIT Short Term Bond Fund Class I |
25 | — | 15 | 10 | ||||||||||||
NVIT Short Term Bond Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Short Term Bond Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT Core Bond Fund Class I |
25 | — | 15 | 10 | ||||||||||||
NVIT Core Bond Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Core Bond Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
American Century NVIT Multi Cap Value Fund Class I |
40 | — | 25 | 15 | ||||||||||||
American Century NVIT Multi Cap Value Fund Class II |
57 | 5 | 17 | 25 | 15 | |||||||||||
American Century NVIT Multi Cap Value Fund Class Y |
15 | 1 | — | — | 00 | |||||||||||
Xxxxxxxxxxx XXXX Large Cap Growth Fund Class I |
25 | — | 15 | 10 | ||||||||||||
Xxxxxxxxxxx NVIT Large Cap Growth Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
Xxxxxxxxxxx NVIT Large Cap Growth Fund Class Y |
10 | 1 | — | — | 00 | |||||||||||
Xxxxxxxxx XXXX International Value Fund Class I |
35 | — | 15 | 00 | ||||||||||||
Xxxxxxxxx XXXX International Value Fund Class II |
60 | 25 | 15 | 20 | ||||||||||||
Xxxxxxxxx NVIT International Value Fund Class III |
35 | — | 15 | 20 | ||||||||||||
Xxxxxxxxx NVIT International Value Fund Class VI |
60 | 25 | 15 | 20 | ||||||||||||
Xxxxxxxxx NVIT International Value Fund Class Y |
20 | 1 | — | — | 20 | |||||||||||
Xxxxxx Xxxx NVIT Moderate Fund Class II |
45 | 25 | 15 | 5 | ||||||||||||
Xxxxxx Xxxx NVIT Moderate Fund Class P |
30 | 25 | — | 5 | ||||||||||||
Xxxxxx Xxxx NVIT Capital Appreciation Fund Class II |
45 | 25 | 15 | 5 | ||||||||||||
Xxxxxx Xxxx NVIT Capital Appreciation Fund Class P |
30 | 25 | — | 5 | ||||||||||||
Nationwide Multi-Manager Funds: |
||||||||||||||||
NVIT Multi-Manager International Value Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager International Value Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Multi-Manager International Value Fund Class III |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager International Value Fund Class IV |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager International Value Fund Class VI |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Multi-Manager International Value Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT Multi-Manager Small Cap Growth Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Small Cap Growth Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Multi-Manager Small Cap Growth Fund Class III |
35 | — | 15 | 20 |
Page 3 of 5
NVIT Funds | Total Service Fee |
12b-1 Fee | Admin Service Fee |
Revenue Sharing |
||||||||||||
NVIT Multi-Manager Small Cap Growth Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT Multi-Manager Small Cap Value Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Small Cap Value Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Multi-Manager Small Cap Value Fund Class III |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Small Cap Value Fund Class IV |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Small Cap Value Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT Multi-Manager Small Company Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Small Company Fund Class II |
50 | 25 | 15 | 10 | ||||||||||||
NVIT Multi-Manager Small Company Fund Class III |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Small Company Fund Class IV |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Small Company Fund Class Y |
10 | 1 | — | — | 10 | |||||||||||
NVIT Multi-Manager Large Cap Growth Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Large Cap Growth Fund Class II |
60 | 25 | 15 | 20 | ||||||||||||
NVIT Multi-Manager Large Cap Growth Fund Class Y |
20 | 1 | — | — | 20 | |||||||||||
NVIT Multi-Manager Large Cap Value Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Large Cap Value Fund Class II |
60 | 25 | 15 | 20 | ||||||||||||
NVIT Multi-Manager Large Cap Value Fund Class Y |
20 | 1 | — | — | 20 | |||||||||||
NVIT Multi-Manager Mid Cap Growth Fund Class I |
27 | — | 7 | 20 | ||||||||||||
NVIT Multi-Manager Mid Cap Growth Fund Class II |
51 | 6 | 24 | 7 | 20 | |||||||||||
NVIT Multi-Manager Mid Cap Growth Fund Class Y |
20 | 1 | — | — | 20 | |||||||||||
NVIT Multi-Manager Mid Cap Value Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager Mid Cap Value Fund Class II |
46 | 25 | 1 | 20 | ||||||||||||
NVIT Multi-Manager Mid Cap Value Fund Class Y |
20 | 1 | — | — | 20 | |||||||||||
NVIT Multi-Manager International Growth Fund Class I |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager International Growth Fund Class II |
60 | 25 | 15 | 20 | ||||||||||||
NVIT Multi-Manager International Growth Fund Class III |
35 | — | 15 | 20 | ||||||||||||
NVIT Multi-Manager International Growth Fund Class VI |
60 | 25 | 15 | 20 | ||||||||||||
NVIT Multi-Manager International Growth Fund Class Y |
20 | 1 | — | — | 20 | |||||||||||
Cardinal Fund of Funds (“NVIT Cardinal Funds”): |
||||||||||||||||
NVIT Cardinal Aggressive Fund Class I |
18 | — | 5 | 13 | ||||||||||||
NVIT Cardinal Aggressive Fund Class II |
27 | 7 | 9 | 5 | 13 | |||||||||||
NVIT Cardinal Balanced Fund Class I |
18 | — | 5 | 13 | ||||||||||||
NVIT Cardinal Balanced Fund Class II |
27 | 7 | 9 | 5 | 13 | |||||||||||
NVIT Cardinal Capital Appreciation Fund Class I |
18 | — | 5 | 13 | ||||||||||||
NVIT Cardinal Capital Appreciation Fund Class II |
27 | 7 | 9 | 5 | 13 | |||||||||||
NVIT Cardinal Conservative Fund Class I |
18 | — | 5 | 13 | ||||||||||||
NVIT Cardinal Conservative Fund Class II |
27 | 7 | 9 | 5 | 13 | |||||||||||
NVIT Cardinal Moderate Fund Class I |
18 | — | 5 | 13 | ||||||||||||
NVIT Cardinal Moderate Fund Class II |
27 | 7 | 9 | 5 | 13 | |||||||||||
NVIT Cardinal Moderately Aggressive Fund Class I |
18 | — | 5 | 13 | ||||||||||||
NVIT Cardinal Moderately Aggressive Fund Class II |
27 | 7 | 9 | 5 | 13 | |||||||||||
NVIT Cardinal Moderately Conservative Fund Class I |
18 | — | 5 | 13 | ||||||||||||
NVIT Cardinal Moderately Conservative Fund Class II |
27 | 7 | 9 | 5 | 13 | |||||||||||
NVIT Cardinal Managed Growth Fund Class II |
35 | 8 | 20 | 15 | 0 | |||||||||||
NVIT Cardinal Managed Growth and Income Fund Class II |
35 | 8 | 20 | 15 | 0 | |||||||||||
ID Fund of Funds (“NVIT Investor Destinations Funds”): |
||||||||||||||||
NVIT Investor Destinations Aggressive Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Aggressive Fund Class VI |
40 | 25 | 15 | — |
Page 4 of 5
NVIT Funds | Total Service Fee |
12b-1 Fee | Admin Service Fee |
Revenue Sharing |
||||||||||||
NVIT Investor Destinations Aggressive Fund Class P |
25 | 25 | 0 | 0 | ||||||||||||
NVIT Investor Destinations Conservative Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Conservative Fund Class VI |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Conservative Fund Class P |
25 | 25 | 0 | 0 | ||||||||||||
NVIT Investor Destinations Moderate Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Moderate Fund Class VI |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Moderate Fund Class P |
25 | 25 | 0 | 0 | ||||||||||||
NVIT Investor Destinations Moderately Aggressive Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Moderately Aggressive Fund Class VI |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Moderately Aggressive Fund Class P |
25 | 25 | 0 | 0 | ||||||||||||
NVIT Investor Destinations Moderately Conservative Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Moderately Conservative Fund Class VI |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Moderately Conservative Fund Class P |
25 | 25 | 0 | 0 | ||||||||||||
NVIT Investor Destinations Balanced Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Balanced Fund Class VI |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Balanced Fund Class P |
25 | 25 | 0 | 0 | ||||||||||||
NVIT Investor Destinations Capital Appreciation Fund Class II |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Capital Appreciation Fund Class VI |
40 | 25 | 15 | — | ||||||||||||
NVIT Investor Destinations Capital Appreciation Fund Class P |
25 | 25 | 0 | 0 | ||||||||||||
NVIT Investor Destinations Managed Growth Fund Class II |
40 | 25 | 15 | 0 | ||||||||||||
NVIT Investor Destinations Managed Growth and Income Fund Class II |
40 | 25 | 15 | 0 | ||||||||||||
2003 New VA/VL Menus: |
||||||||||||||||
NVIT Multi-Sector Bond Fund Class I |
40 | — | 15 | 25 | ||||||||||||
Federated NVIT High Income Bond Fund Class I |
40 | — | 15 | 25 | ||||||||||||
Class IV Shares of specific NVIT funds (Provident Distribution Only): |
||||||||||||||||
NVIT S&P 500 Index Fund |
10 | — | 10 | — | ||||||||||||
NVIT Money Market Fund |
30 | — | 15 | 15 | ||||||||||||
457 and 401(k): |
||||||||||||||||
Equity Funds |
40 | — | 15 | 25 | ||||||||||||
Fixed Income |
35 | — | 15 | 20 | ||||||||||||
NVIT Money Market Fund |
40 | — | 15 | 25 |
1 | Nationwide shall pay a Service Fee at the rate specified, multiplied by the average daily net assets of Class Y shares that are held by the NVIT Cardinal Funds. Nationwide shall pay no Service Fee with respect to Class Y shares that are held by the NVIT Investor Destinations Funds. |
2 | The Total Service Fee actually payable is 0.20% due to the contractual waiver by NFS of 0.07% of Administrative Services Fees through at least May 1, 2014. |
3 | The Total Service Fee actually payable is 0.40% due to the contractual waiver by NFS of 0.07% of Administrative Services Fees through at least May 1, 2014. |
4 | The Total Service Fee reflects a waiver by NFD of 0.16% of 12b-1 fee through at least May 1, 2014. |
5 | The Total Service Fee reflects a waiver by NFD of 0.08% of 12b-1 fee through at least May 1, 2014. |
6 | The Total Service Fee reflects a waiver by NFD of 0.01% of 12b-1 fee through at least May 1, 2014. |
7 | The Total Service Fee reflects a waiver by NFD of 0.16% of 12b-1 fee through at least May 1, 2014. |
8 | The Total Service Fee reflects a waiver by NFD of 0.05% of 12b-1 fee through at least May 1, 2014. |
Page 5 of 5