0000912057-01-507817 Sample Contracts

FORM OF SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 10th, 2001 • Lsa Variable Series Trust • Delaware
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AMONG
Participation Agreement • April 10th, 2001 • Lsa Variable Series Trust • Illinois
FORM OF EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 10th, 2001 • Lsa Variable Series Trust

The Expense Limitation Agreement, as amended, made as of 27th day of September, 1999, by and between LSA Variable Series Trust (the "Trust"), on behalf of the Disciplined Equity Fund (the "Fund"), and LSA Asset Management LLC (the "Manager") and in effect until April 30, 2001 (the "Agreement") is hereby amended solely for the purpose of extending its duration.

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