THIRD AMENDMENT
TO THE
RETAIL FUND PARTICIPATION AGREEMENT
THIS THIRD AMENDMENT, dated as of October 13, 2011, is by and between
HARTFORD LIFE INSURANCE COMPANY ("Company"), HARFORD SECURITIES DISTRIBUTION
COMPANY, INC. ("HSD"), ROYCE FUND SERVICES, INC. ("Underwriter") and THE ROYCE
FUND on behalf of its series listed on Schedule A (the "Funds"):
WITNESSETH:
WHEREAS, Company, Underwriter and the Funds entered into a Retail Fund
Participation Agreement, dated January 10, 2003, and amended on October 31, 2007
and May 12, 2008, (the "Agreement") with regard to certain employee benefit
plans for which Company provides administrative and recordkeeping services (the
"Plans"); and
WHEREAS, HSD is a broker-dealer registered with the Securities and
Exchange Commission under the Securities Act of 1934, is a member of the
Financial Industry Regulatory Authority, and an affiliate of the Company; and
WHEREAS, Company, HSD, Underwriter and the Funds now wish to amend the
Agreement to add HSD as a party to the Agreement in order for HSD to provide
distribution services; and
WHEREAS, Company, HSD, Royce and the Funds now wish to amend and restate
in its entirety Schedule A of the Agreement in the form attached hereto;
NOW THEREFORE, in consideration of the above, Company, HSD, Royce and the
Funds hereby agree as follows:
1. To add HSD as a party to the Agreement; and
2. To amend Schedule A of the Agreement and replace it in the form
attached hereto and made a part hereof.
IN WITNESS WHEREOF, Company, HSD, Royce and the Funds have caused
this Third Amendment to be executed by their duly authorized officers
effective as of the day and year first above written.
HARTFORD LIFE INSURANCE COMPANY ROYCE FUND SERVICES, INC.
By: /s/ Xxxxxxx X. Xxxx By: /s/ Xxxx X. Xxxxxxxxx
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Name: Xxxxxxx X. Xxxx Name: Xxxx X. Xxxxxxxxx
-------------------------------- --------------------------------
Title: AVP Title: President
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HARTFORD SECURITIES DISTRUBTION THE ROYCE FUND, on behalf of each series
COMPANY, INC. listed on Schedule A
By: /s/ Xxxxxxx X. Xxxx By: /s/ Xxxx X. Xxxxxxxxx
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Name: Xxxxxxx X. Xxxx Name: Xxxx. X. Xxxxxxxxx
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Title: AVP Title: Vice President
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SCHEDULE A
SEPARATE ACCOUNTS
Each Separate Account established by resolution of the Board of Directors of the
Company under the insurance laws of the State of Connecticut to set aside and
invest assets attributable to the Contracts.
ADMININSTRATIVE/
SHAREHOLDER DISTRIBUTION
PORTFOLIO TICKER CUSIP SERVICE FEE (12b-1) FEE
---------------------------------- -------- --------- ---------------- -----------
INVESTMENT CLASS
----------------------------------
Royce Pennsylvania Mutual Fund PENNX 780905840 .10% No Fee
Royce Micro-Cap Fund RYOTX 780905709 .10% No Fee
Royce Premier Fund RYPRX 780905600 .10% No Fee
Royce Low-Priced Stock Fund RLPHX 780905246 .10% No Fee
Royce Total Return Fund RYTRX 780905881 .10% No Fee
Royce Heritage Fund RHFHX 780905238 .10% No Fee
Royce Opportunity Fund RYPNX 780905832 .10% No Fee
Royce Special Equity Fund RYSEX 780905782 .10% No Fee
Royce Value Fund RVVHX 780905220 .10% No Fee
Royce Value Plus Fund RVPHX 780905212 .10% No Fee
Royce 100 Fund ROHHX 780905196 .10% No Fee
Royce Dividend Value Fund RDVIX 780905188 .10% No Fee
Royce Global Value Fund RGVIX 780811824 .10% No Fee
SERVICE CLASS
----------------------------------
Royce Pennsylvania Mutual Fund RYPFX 780905386 .10% 0.25%
Royce Micro-Cap Fund RMCFX 780905659 .10% 0.25%
Royce Premier Fund RPFFX 780905634 .10% 0.25%
Royce Low-Priced Stock Fund RYLPX 780905808 .10% 0.25%
Royce Total Return Fund RYTFX 780905642 .10% 0.25%
Royce Heritage Fund RGFAX 780905857 .10% 0.25%
Royce Opportunity Fund RYOFX 780905758 .10% 0.25%
Royce Special Equity Fund RSEFX 780905527 .10% 0.25%
Royce Value Fund RYVFX 780905733 .10% 0.25%
Royce Value Plus Fund RYVPX 780905741 .10% 0.25%
Royce l00 Fund RYOHX 780905519 .10% 0.25%
Royce Discovery Fund RYDFX 780905477 .10% 0.25%
Royce Financial Services Fund RYFSX 780905469 .10% 0.25%
Royce Dividend Value Fund RYDVX 780905436 .10% 0.25%
Royce Global Value Fund RIVFX 780905329 .10% 0.25%
Royce European Smaller-Companies Fund RICSX 780905311 .10% 0.25%
Xxxxx XXxx-Cap Value Fund RMVSX 780905154 .10% 0.25%
Royce International Smaller-Companies
Fund RYGSX 780905139 .10% 0.25%
Royce Focus Value Fund RYFVX 780811857 .10% 0.25%
Royce Partners Fund RPTRX 780811840 .10% 0.25%
Royce Mid-Cap Fund XXXXX 00000X000 .10% 0.25%
Royce Global Dividend Value Fund RGVDX 780811816 .10% 0.25%
Royce International Premier Fund RYIPX 780811790 .10% 0.25%
Royce International Micro-Cap Fund ROIMX 780811782 .10% 0.25%
Royce Special Equity Multi-Cap Fund RSEMX 780811816 .10% 0.25%
R CLASS
----------------------------------
Royce Pennsylvania Mutual Fund RPMRX 780905295 .25% 0.50%
Royce Premier Fund RPRRX 780905287 .25% 0.50%
Royce Low-Priced Stock Fund RLPRX 780905279 .25% 0.50%
Royce Total Return Fund RTRRX 780905261 .25% 0.50%
Royce Heritage Fund RHFRX 780811105 .25% 0.50%
Royce Opportunity Fund ROFRX 780905253 .25% 0.50%
Royce Value Fund RVVRX 780905170 .25% 0.50%
Royce Value Plus Fund RVPRX 780905162 .25% 0.50%
Royce 100 Fund ROHRX 780811204 .25% 0.50%
K CLASS
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Royce Pennsylvania Mutual Fund RPMKX 780811303 .25% .25%
Royce Premier Fund RPRKX 780811402 .25% .25%
Royce Low-Priced Stock Fund RLPKX 780811501 .25% .25%
Royce Total Return Fund RTRKX 780811600 .25% .25%
Royce Heritage Fund RHFKX 780811709 .25% .25%
Royce Opportunity Fund ROFKX 780811808 .25% .25%
Royce Value Fund RVFKX 780811881 .25% .25%
Royce Value Plus Fund RVPKX 780811873 .25% .25%
Royce 100 Fund ROHKX 780811865 .25% .25%
INSTITUTIONAL CLASS
----------------------------------
Royce Pennsylvania Mutual Fund RPMIX 00000X000 No Fee No Fee
Royce Premier Fund RPFIX 780905683 No Fee No Fee
Royce Low-Priced Stock Fund RLPIX 780905394 No Fee No Fee
Royce Total Return Fund RTRIX 780905717 No Fee No Fee
Royce Heritage Fund Not Live 780905675 No Fee No Fee
Royce Opportunity Fund ROFIX 780905691 No Fee No Fee
Royce Special Equity Fund RSEIX 780905535 No Fee No Fee
Royce Value Fund RVFIX 780905352 No Fee No Fee
Royce Value Plus Fund RVPIX 780905337 No Fee No Fee
Royce 100 Fund Not Live 780905493 No Fee No Fee
ADMINISTRATIVE/SHAREHOLDER SERVICE/DISTRIBUTION (12b-1) FEES
As compensation for the services provided under this Agreement, the
Company and/or HSD, as the case may be, will be entitled to receive a fee, from
the Fund and/or Royce (or its designee), computed daily and paid quarterly in
arrears (to be paid within 30 days of the end of each such quarter), at the
annual rates set forth above of the average daily value of the Shares of the
Funds owned beneficially by the Company's Separate Accounts for the Plans. For
purposes of this schedule, the average daily value of the Shares of each Fund
will be based on the net asset value reported by Royce or its designee to the
Company and/or HSD.
Each Fund will be obligated to pay that portion of the fee designated by
it as representing transfer agent, recordkeeping, administrative servicing
and/or shareholder servicing fees which the Fund would otherwise pay if Plan
accounts were direct shareholders of the Fund. Royce, or its designee, will pay
any portion of the fee not paid by the Funds. In this regard, the Company and
HSD acknowledge that Royce's payments to the Company and/or HSD may be funded,
in whole or in part, by payments from a Fund under a plan of distribution
adopted by that Fund pursuant to Rule 12b-1 under the Investment Company Act of
1940 (12b-1 Plan); if this is the case, the Company and/or HSD, on behalf of
Company's Separate Accounts, will provide such information to Royce as is
reasonably necessary for it to comply with its obligations under the l2b-l Plan,
including, but not limited to, obligations to make disclosures to the board(s)
of trustees of the Fund.
