AMENDMENT, DATED NOVEMBER 10, 2003, TO SERVICE AGREEMENT BETWEEN RYDEX VARIABLE TRUST AND RYDEX FUND SERVICES, INC., DATED AUGUST 11, 1998, AS AMENDED
Exhibit 99.B(H)(9)
AMENDMENT,
DATED NOVEMBER 10, 2003,
TO
SERVICE AGREEMENT
BETWEEN RYDEX VARIABLE TRUST
AND RYDEX FUND SERVICES, INC.,
DATED AUGUST 11, 1998,
AS AMENDED
AMENDMENT TO
SERVICE AGREEMENT
BETWEEN
RYDEX VARIABLE TRUST
AND
RYDEX FUND SERVICES, INC.
The following Amendment is made to Section 4 of the Service Agreement between
the Trust and the Servicer, and is hereby incorporated into and made a part of
the Service Agreement:
Section 4 of the Service Agreement is amended, effective November 10,
2003, to read as follows:
"As consideration for the services provided hereunder, the Trust will
pay the Servicer a fee on the last day of each month in which this
Agreement is in effect, at the following annual rates based on the
average daily net assets (the "Assets") of each of the Trust's series
for such month:
U.S. Government Bond Fund 0.20%
U.S. Government Money Market Fund 0.20%
Nova Fund 0.25%
Ursa Fund 0.25%
Arktos Fund 0.25%
Juno Fund 0.25%
OTC Fund 0.25%
Titan 500 Fund 0.25%
Tempest 500 Fund 0.25%
Velocity 100 Fund 0.25%
Venture 100 Fund 0.25%
[LONG TWO BETA DOW] FUND 0.25%
[SHORT TWO BETA DOW] FUND 0.25%
[LARGE CAP VALUE] FUND 0.25%
[LARGE CAP GROWTH] FUND 0.25%
[MID CAP VALUE] FUND 0.25%
[MID CAP GROWTH] FUND 0.25%
[SHORT MID CAP] FUND 0.25%
[SMALL CAP VALUE] FUND 0.25%
[SMALL CAP GROWTH] FUND 0.25%
[SHORT MID CAP] FUND 0.25%
Large-Cap Europe Fund 0.25%
Large-Cap Japan Fund 0.25%
Mekros Fund 0.25%
Mid-Cap Fund 0.25%
Medius Fund 0.25%
All-Cap Value Fund 0.25%
Banking Fund 0.25%
Basic Materials Fund 0.25%
Biotechnology Fund 0.25%
Consumer Products Fund 0.25%
Core Equity Fund 0.25%
Electronics Fund 0.25%
Energy Fund 0.25%
Energy Services Fund 0.25%
Financial Services Fund 0.25%
Health Care Fund 0.25%
Internet Fund 0.25%
Leisure Fund 0.25%
Precious Metals Fund 0.25%
REIT Fund 0.25%
Real Estate Fund 0.25%
Retailing Fund 0.25%
Sector Rotation Fund 0.25%
Technology Fund 0.25%
Telecommunications Fund 0.25%
Transportation Fund 0.25%
Utilities Fund 0.25%
CLS AdvisorOne Xxxxxxx VT Fund 0.25%
CLS AdvisorOne Clermont VT Fund 0.25%
In the event that this Agreement commences on a date other than on the
beginning of any calendar month, or if this Agreement terminates on a
date other than the end of any calendar month, the fees payable
hereunder by the Trust shall be proportionately reduced according to
the number of days during such month that services were not rendered
hereunder by the Servicer."
ADDITIONS and [DELETIONS] are noted in BOLD.
In witness whereof, the parties hereto have caused this Amendment to be
executed in their names and on their behalf and through their duly-authorized
officers as of the 10th day of November, 2003.
RYDEX VARIABLE TRUST
/s/ Xxxxxx X. Xxxxxx, Xx.
---------------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
RYDEX FUND SERVICES, INC.
/s/ Xxxxxx X. Xxxxxx, Xx.
---------------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
