EXHIBIT (h)(29)(e)
Amendment No. 5 to
Administrative Services Agreement
Franklin ▇▇▇▇▇▇▇▇▇ Services, LLC
American General Life Insurance Company
The Administrative Services Agreement, dated as of July 1, 1999, by and among
Franklin ▇▇▇▇▇▇▇▇▇ Services, Inc., and American General Life Insurance Company
(the "Agreement") is hereby amended as follows:
1. Schedule B is hereby deleted in its entirety and replaced with the Schedule
B attached hereto.
2. All other terms and provisions of the Agreement not amended herein shall
remain in full force and effect.
This Amendment is executed as of February 1, 2006.
FRANKLIN ▇▇▇▇▇▇▇▇▇ SERVICES, LLC
By:
--------------------------------
Name: ▇▇▇▇▇▇ ▇▇▇▇
Title: Vice President
AMERICAN GENERAL LIFE INSURANCE COMPANY
By:
--------------------------------
Name:
Title:
[Corporate Seal] Attest:
--------------------------------
Name:
Title:
Schedule B
Administrative Expense Payments
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.
Beginning of
Period for
Product Name Computation of
# 1933 Act No. Funds of the Trust Fee Rate Fee
--- -------------------- -------------------------------------------- -------- --------------
01 AG Legacy Plus VUL Class 2 Shares 0.15% 7/1/99
333-89897 ▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
Franklin Small Cap Fund
02 Legacy Plus VUL Class 2 Shares 0.15% 7/1/99
333-53909 Franklin Small Cap Fund
▇▇▇▇▇▇▇▇▇ Developing Markets Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
03 Platinum Investor I Class 2 Shares 0.15% 11/1/01
VUL Franklin U.S. Government Fund
333-42567 Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
04 Platinum Investor Class 2 Shares 0.15% 5/1/03
II VUL Franklin Small Cap Value Securities Fund
333-103361 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
05 Platinum Investor Class 2 Shares 0.15% 5/1/03
III VUL Franklin Small Cap Value Securities Fund
333-43264 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
06 Platinum Investor Class 2 Shares 0.15% 5/1/03
PLUS VUL Franklin Small Cap Value Securities Fund
333-82982 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
07 Platinum Investor Class 2 Shares 0.15% 5/1/03
Survivor VUL Franklin Small Cap Value Securities Fund
333-90787 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
2
Beginning of
Period for
Product Name Computation of
# 1933 Act No. Funds of the Trust Fee Rate Fee
--- -------------------- -------------------------------------------- -------- --------------
08 Platinum Investor Class 2 Shares 0.15% 5/1/03
Survivor II VUL Franklin Small Cap Value Securities Fund
333-65170 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
09 Platinum Investor Class 2 Shares 0.15% 7/1/99
Variable Annuity Templeton Global Asset Allocation Fund
333-70667 ▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
10 The One VUL Solution Class 2 Shares 0.15% 7/1/99
333-87307 Franklin Small Cap Fund
▇▇▇▇▇▇▇▇▇ Developing Markets Securities Fund
11 Platinum Investor Class 2 shares: 0.15% 1/15/04
Immediate VA Franklin Small Cap Value Securities Fund
333-109206 Franklin U.S. Government Fund
Mutual Shares Securities Fund
12 Platinum Investor Class 2 shares 0.15% 1/15/04
FlexDirector Franklin Small Cap Value Securities Fund
333-109613 Franklin U.S. Government Fund
Mutual Shares Securities Fund
13 Corporate America Class 2 shares 0.15% 7/1/04
333-80191 Franklin Small Cap Value Securities Fund
14 Platinum Investor Class 2 shares: 0.15% 1/15/05
IV VUL Franklin Small Cap Value Securities Fund
333-118318 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Funs
15 Platinum Investor Class 2 shares: 0.15% 2/1/06
VIP VUL Franklin Small Cap Value Securities Fund
333-129552 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Funs
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