First Amendment to the Services Agreement
Exhibit 24(b)(8.14)
First Amendment
to the
WHEREAS, Aetna Investment Services, Inc. (“AISI”), Aetna Life Insurance and Annuity Company (“ALIAC”) (collectively, “Aetna”), and Bankers Trust Company (“Transfer Agent”), acting as agent for the registered open-end management companies listed on Schedule A hereto (each a “Fund” or collectively the “Funds”) have entered into an Agreement dated March 7, 2000;
WHEREAS it is the desire of the Aetna to add an additional Fund as of the effective date of this amendment to the list of Funds appearing on Schedule A of the Agreement; and
WHEREAS, as a result of the addition of such Fund, Schedule C of the Agreement setting forth those fees paid to Aetna by the Transfer Agent concerning the Funds for administrative services rendered by Aetna will be amended.
NOW THEREFORE, in consideration of the above, the parties agree:
1. That Schedule A is amended to include the addition of Deutsche Cash Management Fund – Institutional Shares.
2. That Schedule C is amended to reflect that Aetna will not receive any administrative fees with respect to the Deutsche Cash Management Fund – Institutional Shares.
3. The Agreement, as modified by this Amendment is ratified and confirmed.
IN WITNESS WHEREOF, the undersigned have executed this First Amendment by their duly authorized officers effective as of July 1, 2000.
AETNA INVESTMENT SERVICES, LLC AETNA LIFE
INSURANCE AND
ANNUITY
COMPANY
By /s/ Xxxxxx X. XxXxxxx By___/s/ Xxxxxx X. XxXxxxx
Name Xxxxxx X. XxXxxxx Name__Laurie X. XxXxxxx
Title Pursuant to delegation of authority Title___Vice President_______
Dated 8/12/98
BANKERS TRUST COMPANY
By /s/ Xxxx X. Xxxxxxxx
Name Xxxx X. Xxxxxxxx
Title Managing
Director
Amendment 1.doc
SCHEDULE A
Investment Companies:
Current Fund Name |
New Fund Name |
Effective Date
|
Investment Class |
|
|
Deutsche Mid Cap – Investment Class |
|
|
BT Investment Equity 500 Index |
Deutsche Equity 500 Index Investment |
04/30/2000 |
Deutsche Equity Appreciation – Institutional Class |
|
|
Deutsche International Equity |
|
|
BT Investment Lifecycle Long Range |
Deutsche Lifecycle Long Range- Investment Class |
07/31/2000 |
BT Investment Lifecycle Mid Range |
Deutsche Lifecycle Mid Range – Investment Class |
07/31/2000 |
BT Investment Lifecycle Short Range |
Deutsche Lifecycle Short Range – Investment Class |
07/31/2000 |
Deutsche Small Cap – Investment Class |
|
|
BT Investment Quantitative Equity |
Deutsche Quantitative Equity – Investment Class |
04/30/2000 |
Deutsche Cash Management Fund – Institutional Shares |
|
|
|
|
|
|
|
|
|
SCHEDULE C
Compensation:
For the services rendered or to be rendered under this Agreement, Transfer Agent shall pay ALIAC the following administrative fees:
.xx of 1% per annum of the average daily aggregate net asset
value of shares of the following
Funds, held by Plans during each month for which ALIAC provides administrative
services:
BT Investment Equity 500 Index Fund[1]
.xx of 1% per annum of the average daily aggregate net asset
value of shares of the following
Funds, held by Plans during each month for which ALIAC provides administrative
services:
Deutsche Equity Appreciation Fund – Institutional Class
Deutsche International Equity Fund
Deutsche Small Cap – Investment Class
Deutsche Mid Cap – Investment Class
BT Investment Funds - Lifecycle Long Range Fund [2]
BT Investment Funds - Lifecycle Mid Range Fund [3]
BT Investment Funds - Lifecycle Short Range Fund [4]
The administrative fee payable each month with
respect to a Fund shall be an amount equal to the
average daily net assets invested in such Fund during the quarter by Plans for
which ALIAC provides
administrative services multiplied by the applicable per annum rate described
above multiplied by a
fraction the numerator of which is the number of days in the quarter and the
denominator of which is 365.
There will be no administrative fee associated with the Deutsche Cash Management Fund – Institutional Shares.
[1] Effective 4/30/00, to be renamed: Deutsche Equity 500 Index Fund.
[2] Effective 7/31/00, to be renamed: Deutsche Lifecycle Long Range Fund – Investment Class.
[3] Effective 7/31/00, to be renamed: Deutsche Lifecycle Mid Range Fund – Investment Class.
[4] Effective 7/31/00, to be renamed: Deutsche Lifecycle Short Range Fund – Investment Class.
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