Amendment No. 3 to Administrative Services Agreement Franklin Templeton Services, LLC CMFG Life Insurance Company (formerly “CUNA Mutual Insurance Society”)
Exhibit (i)(1)(D)
Amendment
No. 3 to
Administrative Services Agreement
Franklin Xxxxxxxxx Services, LLC
CMFG Life Insurance Company
(formerly “CUNA Mutual Insurance
Society”)
THIS AMENDMENT is made by and between Franklin Xxxxxxxxx Services, LLC (the “Fund Administrator”) and CMFG Life Insurance Company (formerly “CUNA Mutual Insurance Society”) (the “Company”).
WHEREAS, The Company and the Fund Administrator have entered into an Administrative Services Agreement, dated as of March 31, 2008, as may be amended from time to time (the “Agreement”), concerning certain administrative services with respect to each series (“Fund” or “Funds”) of Franklin Xxxxxxxxx Variable Insurance Products Trust (the “Trust”) listed on the Schedule B of the Agreement;
WHEREAS, CUNA Mutual Insurance Society (“CMIS”) was reorganized from a mutual insurance company structure to a stock life insurance company structure. As part of the reorganization, CMIS changed its name to CMFG Life Insurance Company, effective as of January 31, 2012 (the “Reorganization”).
AMENDMENT
NOW, THEREFORE, in consideration of past and prospective business relations, the Fund Administrator and the Company hereby amend the Agreement, effective as of the date of the Reorganization, as follows:
1. CUNA Mutual Insurance Society has changed its name to CMFG Life Insurance Company. All prior references to CUNA Mutual Insurance Society or Company in this Agreement shall hereafter mean CMFG Life Insurance Company.
2. Schedules B and C of the Agreement are hereby deleted in their entirety and replaced with the Schedules B and C attached hereto.
3. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.
This Amendment is executed as of March 26, 2012
CMFG Life Insurance Company | Franklin Xxxxxxxxx Services, LLC | ||||
By: | ![]() |
By: | ![]() |
||
Name: Xxxxx X. Xxxx | Name: Xxxxxx X. Xxxxxx | ||||
Title: Senior Vice President | Title: Vice President | ||||
Schedule B
Administrative Expense Payment
The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement.
# | Company | Product Name/ Registration No. | Funds of the Trust | Fee Rate | Date
of Beginning of Period for Computation of Fee |
1. | CMFG Life Insurance Company | CMFG Group Variable Annuity Account (not registered) | Class 4 Shares: Franklin Income Securities Fund Franklin High Income Securities Fund Mutual Global Discovery Securities Fund
|
0.10% | 05/01/08 |
Class 1 Shares: Franklin High Income Securities Fund Franklin Income Securities Fund Franklin Small Cap Value Securities Fund Xxxxxxxxx Developing Markets Securities Fund Xxxxxxxxx Global Bond Securities Fund
|
0.10% | 10/01/08 | |||
Class 2 Shares: Franklin High Income Securities Fund Franklin Income Securities Fund Franklin Small Cap Value Securities Fund Mutual Shares Securities Fund Xxxxxxxxx Global Bond Securities Fund
|
0.10% | 10/01/08 | |||
Class 1 Shares: Mutual Shares Securities Fund Xxxxxxxxx Foreign Securities Fund
Class 2 Shares: Mutual Global Discovery Securities Fund Xxxxxxxxx Developing Market Securities Funds
|
0.10% | 08/01/10 | |||
2. | CMFG Life Insurance Company | MEMBERS Variable Annuity I 333-148421 | Class 4 Shares: Franklin Income Securities Fund Franklin High Income Securities Fund Mutual Global Discovery Securities Fund
|
0.10% | 05/01/08 |
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# | Company | Product
Name/ Registration No. |
Funds of the Trust | Fee Rate |
Date
of Beginning of Period for Computation of Fee |
MEMBERS Xxxxxxxx Xxxxxxx X (cont’d) 333-148421 | Class 4 Shares: Xxxxxxxxx Developing Markets Securities Fund
|
0.10% | TBD | ||
3. | CMFG Life Insurance Company | MEMBERS Variable Annuity II 333-148423 | Class 4 Shares: Franklin Income Securities Fund Franklin High Income Securities Fund Mutual Global Discovery Securities Fund
|
0.10% | 05/01/08 |
4. | CMFG Life Insurance Company | MEMBERS Choice VA 333-148422 | Class 4 Shares: Franklin Income Securities Fund Franklin High Income Securities Fund Mutual Global Discovery Securities Fund
|
0.10% | 05/01/08 |
5. | CMFG Life Insurance Company | MEMBERS Variable Annuity III 333-148426 |
Class 4 Shares: Franklin Income Securities Fund Franklin High Income Securities Fund Mutual Global Discovery Securities Fund
|
0.10% | 05/01/08 |
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Schedule C
Addresses for Notices
If to the Company: | CMFG
Life Insurance Company Xxxxxxx XX 00000 Attention: Office of General Counsel |
If to the Fund Administrator: | Franklin
Xxxxxxxxx Services, LLC Attention: Xxxxx Xxxxxxxx |
With a copy to: | Xxxxxxxx Xxxxxxxxx Investments Xxx Xxxxxxxx Xxxxxxx, Xxxx. 000, 0xx Xxxxx Xxx Xxxxx, Xxxxxxxxxx 00000 Attention: General Counsel |
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