Exhibit 23(e)(vii) under Form N-1A
Exhibit 1 under Item 601/Reg. S-K
FIRST AMENDMENT
to
ADMINISTRATIVE SERVICES AGREEMENT
THIS AMENDMENT is made as of the _______ day of September, 2002 by and
between Huntington VA Funds, a Massachusetts business trust (the "Trust") and
Hartford Life Insurance Company ("Hartford").
WHEREAS, Hartford and the Trust have entered into a Fund Participation
Agreement ("Participation Agreement") in order for certain separate accounts
of Hartford (Separate Account") to purchase shares ("Shares") of funds of the
Trust ("Funds"). The Funds will serve as investment vehicles available under
variable annuity contracts ("Variable Contracts") offered by Hartford; and
WHEREAS, Hartford and Trust entered into an Administrative Services Agreement
("Agreement") on October 15, 1999, for Hartford to perform certain
administrative services valuable to the Funds in the course of soliciting
applications for the Variable Contracts and servicing owners of the Variable
Contracts; and
WHEREAS, the Trust and Hartford desire to amend the Agreement to provide for
administrative services for additional Variable Contracts.
NOW THEREFORE, Section 2 of the Agreement is deleted in its entirety and
replaced with the following:
2. Annual Fee. In consideration of the services provided by Hartford, the
Trust agrees to or shall cause Huntington Asset Advisors to pay Hartford a
service fee in an amount equal to the following basis points per annum on the
average daily net assets of the Funds held by the Company's Separate
Account(s) under the Fund Participation Agreement, such amounts to be paid
within 30 days of the end of each calendar quarter.
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Contract Service Fee
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The Huntington Director Variable Annuity - All Series 25 bps
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Xxxxxxxxxx Xxxxxxxx Leaders Outlook Variable Annuity - All 30 bps
Series
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Huntington Director Outlook Variable Annuity - All Series 30 bps
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For purposes of computing the payment to Hartford under this paragraph,
Hartford shall compute average daily net assets of Shares held in Separate
Accounts over a monthly period 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 Hartford under this paragraph shall be calculated by Hartford and
communicated to the Trust and Huntington Asset Advisors at the end of each
calendar month will be paid to Hartford within 30 days thereafter.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first above written.
HARTFORD LIFE INSURANCE COMPANY HUNTINGTON VA FUNDS
By:___________________________ By:__________________________
NAME:________________________ NAME: Xxxxxx X. Xxxxxxx
Title:________________________ Title: Vice President
