0001135428-01-500303 Sample Contracts

AMENDMENT NO. 1 TO SCHEDULE A OF THE EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • December 5th, 2001 • PBHG Insurance Series Fund Inc

THIS SCHEDULE A to the Expense Limitation Agreement dated May 1, 2001 (the Agreement") between PBHG Insurance Series Fund and Pilgrim, Baxter & Associates, Ltd., amended as of ______________, 2002 to add PBHG Stable Value Portfolio, sets forth, pursuant to Section 1.2 of the Agreement, the total operating expense limit for each Portfolio.

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