AMENDMENT NO. 1
to
Amended and Restated
Administration Agreement
This AMENDMENT NO. 1 (this "Amendment") to the Amended and Restated
Administration Agreement, dated as of July 1, 2008 (the "Agreement"), is made as
of this 1st day of January, 2009 by and between each Trust listed on Appendix A
hereto (each, a "Trust"), each a Delaware statutory trust, and Pioneer
Investment Management, Inc., a Delaware corporation (the "Administrator").
WHEREAS, pursuant to the Agreement, each Trust has engaged the
Administrator to provide certain administrative services to the Trust with
respect to the series of the Trust designated on Appendix A hereto (each, a
"Fund"); and
WHEREAS, the Agreement provides that the fees payable to the
Administrator thereunder will be reviewed from time to time; and
WHEREAS, each Trust and the Administrator acknowledge that the costs to
the Administrator for providing the services under the Agreement during the past
year exceeded the compensation provided in the Agreement; and
WHEREAS, each Trust and the Administrator desire to amend the Agreement
to increase the amounts payable by the Funds for services provided by the
Administrator under the Agreement during the period from January 1, 2008 through
December 31, 2008 and to provide for the reimbursement from and after January 1,
2009 of the Administrator's costs for services provided under the Agreement;
NOW THEREFORE, in consideration of the promises and mutual covenants
herein contained, it is agreed as follows:
1. Each Trust and the Administrator hereby agree that the compensation payable
by each Fund to the Administrator for its services performed under the Agreement
during the period from January 1, 2008 through December 31, 2008 shall be
computed daily at an annual rate equal to 0.0275% of the Fund's average daily
net assets (or the Fund's average daily managed assets if so set forth on
Appendix A hereto), provided that such rate shall be 0.0225% in the case of
those Funds indicated on Appendix A as being provided certain accounting
services by a third party. The difference between compensation actually paid by
each Fund to the Administrator during 2008 under the Agreement and the
compensation payable by the Fund in accordance with this Section 1 shall be paid
by the Fund to the Administrator promptly following execution of this Amendment.
2. Each Trust and the Administrator hereby agree that, effective
January 1, 2009, Section 7(a) of the Agreement is deleted in its entirety and
replaced with the following:
7. (a)(i) As compensation for the services performed by the
Administrator under this Agreement, each Fund shall reimburse the
Administrator its pro rata share, based on the Fund's average daily net
assets (or the Fund's average daily managed assets if so set forth on
Appendix A hereto), of the Administrator's costs of providing the
services hereunder, provided that the costs attributed to those Funds
indicated on Appendix A as being provided certain accounting services
by a third party shall be reduced accordingly. In determining the
Administrator's costs of providing services hereunder,
personnel-related costs associated with the Administrator's legal,
compliance and fund accounting, administration and controllership
("FAACS") services shall be allocated in accordance with prescribed
allocation percentages reviewed by the Board from time to time. On a
quarterly basis, the Administrator will provide the Board with
information comparing the Administrator's actual costs of providing
services hereunder and the budgeted amount of such costs to the Funds.
(ii) The Administrator and each Fund agree that the
Administrator and the Board will review at least annually a budget as
to the costs relating to the provision of services by the Administrator
hereunder, which budget shall include the allocation percentages
applicable to personnel-related costs associated with the
Administrator's legal, compliance and FAACS services. Such budgeted
costs and/or such allocation percentages also will be reviewed at other
times should the budgeted costs or the circumstances affecting the
allocation percentages, as the case may be, change materially. In
connection with each review, the Administrator will provide the Board
with such information as the Board may reasonably request.
(iii) Each Fund shall pay amounts due from it hereunder as
promptly as possible after the last day of each month. If this
Agreement is terminated with respect to any Fund as of any date not the
last day of the month, such Fund shall pay amounts due from it
hereunder as promptly as possible after such date of termination.
3. Each Trust and the Administrator hereby agree Appendix A to the
Agreement is deleted in its entirety and replaced with Appendix A attached to
this Amendment.
4. The Agreement, as amended by this Agreement, remains in full force
and effect. This Amendment is limited to the express subject matter hereof and
does not otherwise amend or affect the obligations of the parties under the
Agreement. Capitalized terms which are used herein without definition shall have
the same meanings herein as in the Agreement.
5. This Amendment shall be construed and the provisions hereof
interpreted under and in accordance with the laws of The Commonwealth of
Massachusetts.
6. This Amendment may be executed in one or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.
[signature pages to follow]
IN WITNESS WHEREOF, the parties thereto have caused this Amendment to
be executed by their officers thereunto duly authorized.
THE PIONEER TRUSTS LISTED ON
APPENDIX A
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Title: Executive Vice President
PIONEER INVESTMENT MANAGEMENT, INC.
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
--------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Executive Vice President and
Chief Operating Officer
4
Appendix A
(Updated as of May 15, 2009)
---------------------------------- -------------------------------- -------------------------------------------------
Trust Fund Effective Date/Initial Term Date
---------------------------------- -------------------------------- -------------------------------------------------
---------------------------------- -------------------------------- -------------------------------------------------
Pioneer Bond Fund Pioneer Bond Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
---------------------------------- -------------------------------- -------------------------------------------------
---------------------------------- -------------------------------- -------------------------------------------------
Pioneer Emerging Markets Fund Pioneer Emerging Markets Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
---------------------------------- -------------------------------- -------------------------------------------------
---------------------------------- -------------------------------- -------------------------------------------------
Pioneer Equity Income Fund Pioneer Equity Income Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
---------------------------------- -------------------------------- -------------------------------------------------
---------------------------------- -------------------------------- -------------------------------------------------
Pioneer Equity Opportunity Fund Pioneer Equity Opportunity Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
---------------------------------- -------------------------------- -------------------------------------------------
---------------------------------- -------------------------------- -------------------------------------------------
Pioneer Fund Pioneer Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
---------------------------------- -------------------------------- -------------------------------------------------
---------------------------------- -------------------------------- -------------------------------------------------
Pioneer Fundamental Growth Fund Pioneer Fundamental Growth Effective Date: July 1, 2008
Fund
Initial Term: July 1, 2008-December 31, 2009
---------------------------------- -------------------------------- -------------------------------------------------
---------------------------------- -------------------------------- -------------------------------------------------
Pioneer High Yield Fund Pioneer High Yield Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
---------------------------------- -------------------------------- -------------------------------------------------
------------------------------- -------------------------------------------------------------------------------------
Pioneer Ibbotson Asset
Allocation Series
------------------------------- -------------------------------------------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Ibbotson Aggressive Effective Date: July 1, 2008
Allocation Fund*
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Ibbotson Conservative Effective Date: July 1, 2008
Allocation Fund*
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Ibbotson Growth Effective Date: July 1, 2008
Allocation Fund*
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Ibbotson Moderate Effective Date: July 1, 2008
Allocation Fund*
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Independence Fund Pioneer Independence Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer International Equity Pioneer International Equity Fund Effective Date: July 1, 2008
Fund
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Mid Cap Growth Fund Pioneer Mid Cap Growth Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Mid Cap Value Fund Pioneer Mid Cap Value Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Money Market Trust Pioneer Cash Reserves Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
*Certain accounting services provided by a third party.
------------------------------- -------------------------------------------------------------------------------------
Pioneer Protected Principal
Trust
------------------------------- -------------------------------------------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Protected Principal Plus Effective Date: July 1, 2008
Fund
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Protected Principal Plus Effective Date: July 1, 2008
Fund II
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Real Estate Shares Pioneer Real Estate Shares Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Research Fund Pioneer Research Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Select Growth Fund Pioneer Select Growth Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- -------------------------------------------------------------------------------------
Pioneer Series Trust I
------------------------------- -------------------------------------------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Oak Ridge Large Cap Effective Date: July 1, 2008
Growth Fund
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Oak Ridge Small Cap Effective Date: July 1, 2008
Growth Fund
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Growth Fund
Effective Date: May 15, 2009
Initial Term: May 15, 2009-December 31, 2010
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Intermediate Tax Free
Income Fund Effective Date: May 15, 2009
Initial Term: May 15, 2009-December 31, 2010
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Select Mid Cap Growth Fund
Effective Date: May 15, 2009
Initial Term: May 15, 2009-December 31, 2010
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- -------------------------------------------------------------------------------------
Pioneer Series Trust II
------------------------------- -------------------------------------------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer AmPac Growth Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer AMT-Free CA Municipal Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer AMT-Free Municipal Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Growth Leaders Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Growth Opportunities Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Small and Mid Cap Growth Effective Date: July 1, 2008
Fund
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Tax Free Money Market Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Series Trust III Pioneer Cullen Value Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- -------------------------------------------------------------------------------------
Pioneer Series Trust IV
------------------------------- -------------------------------------------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Classic Balanced Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Government Income Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Institutional Money Effective Date: July 1, 2008
Market Fund
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Treasury Reserves Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- -------------------------------------------------------------------------------------
Pioneer Series Trust V
------------------------------- -------------------------------------------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Global Select Equity Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer High Income Municipal Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Oak Ridge All Cap Growth Effective Date: July 1, 2008
Fund
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Select Research Growth Effective Date: July 1, 2008
Fund
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Select Research Value Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Series Trust VI Pioneer Floating Rate Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- -------------------------------------------------------------------------------------
Pioneer Series Trust VII
------------------------------- -------------------------------------------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Global High Yield Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Global Diversified Equity Effective Date: July 1, 2008
Fund
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Global Aggregate Bond Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Series Trust VIII Pioneer International Value Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Series Trust IX Pioneer Europe Select Equity Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Short Term Income Fund Pioneer Short Term Income Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Small Cap Value Fund Pioneer Small Cap Value Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Strategic Income Fund Pioneer Strategic Income Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Tax Free Income Fund Pioneer Tax Free Income Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Value Fund Pioneer Value Fund Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- -------------------------------------------------------------------------------------
Pioneer Variable Contracts
Trust
------------------------------- -------------------------------------------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Bond VCT Portfolio Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Cullen Value VCT Portfolio Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Emerging Markets VCT Effective Date: July 1, 2008
Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Equity Income VCT Effective Date: July 1, 2008
Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Fund VCT Portfolio Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Global High Yield VCT Effective Date: July 1, 2008
Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Growth Opportunities VCT Effective Date: July 1, 2008
Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Independence VCT Portfolio Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer High Yield VCT Portfolio Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Ibbotson Aggressive Effective Date: July 1, 2008
Allocation VCT Portfolio*
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Ibbotson Growth Effective Date: July 1, 2008
Allocation VCT Portfolio*
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Ibbotson Moderate Effective Date: July 1, 2008
Allocation VCT Portfolio*
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer International Value VCT Effective Date: July 1, 2008
Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Mid Cap Value VCT Effective Date: July 1, 2008
Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Money Market VCT Portfolio Effective Date: July 1, 2008
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Oak Ridge Large Cap Effective Date: July 1, 2008
Growth VCT Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Real Estate Shares VCT Effective Date: July 1, 2008
Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Small Cap Value VCT Effective Date: July 1, 2008
Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
------------------------------- ----------------------------------- -------------------------------------------------
Pioneer Strategic Income VCT Effective Date: July 1, 2008
Portfolio
Initial Term: July 1, 2008-December 31, 2009
------------------------------- ----------------------------------- -------------------------------------------------
*Certain accounting services provided by a third party.
