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EXHIBIT (h)(4)(a)
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AMENDED EXHIBIT A
TO THE EXPENSE LIMITATION AGREEMENT BETWEEN
NATIONWIDE SEPARATE
ACCOUNT TRUST
(TO BE RENAMED GARTMORE VARIABLE INSURANCE TRUST)
AND
VILLANOVA MUTUAL FUND CAPITAL TRUST
(TO BE RENAMED GARTMORE MUTUAL FUND
CAPITAL TRUST)
EFFECTIVE MAY 31, 2000
(AS AMENDED DECEMBER 12, 2001)
NAME OF FUND EXPENSE
LIMITATION FOR FUND
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▇▇▇▇▇▇ NSAT Growth Focus Fund. . . . . . . . . . . . . . . Class I 1.35%
(to be renamed ▇▇▇▇▇▇ GVIT Growth Focus Fund)# . . . . . . Class II 1.60%
Class III. . . . . . . . . . . . . . . . . . . . . . . . 1.35%
Gartmore NSAT Millennium Growth Fund . . . . . . . . . . . Class I 1.40%
(to be renamed Gartmore GVIT Millennium Growth Fund)#. . . Class II 1.65%
Gartmore NSAT Global Technology. . . . . . . . . . . . . . Class I 1.35%
and Communications Fund. . . . . . . . . . . . . . . . . . Class II 1.60%
(to be renamed Gartmore GVIT Global Technology . . . . . . Class III 1.35%
and Communications Fund)#
Gartmore NSAT Global Health Sciences Fund. . . . . . . . . Class I 1.35%*
(to be renamed Gartmore GVIT Global Health Sciences Fund)# Class II 1.60%*
Class III. . . . . . . . . . . . . . . . . . . . . . . . 1.35%*
Gartmore GVIT U.S. Leaders Fund. . . . . . . . . . . . . . Class I 1.25%*
(to be renamed Gartmore GVIT U.S. Growth Leaders Fund)#. . Class II 1.50%*
Class III. . . . . . . . . . . . . . . . . . . . . . . . 1.25%*
Gartmore GVIT U.S. Leaders Fund. . . . . . . . . . . . . . Class I 1.10%*
Class II . . . . . . . . . . . . . . . . . . . . . . . . 1.10%*
Class III. . . . . . . . . . . . . . . . . . . . . . . . 1.10%*
Money Market Fund II . . . . . . . . . . . . . . . . . . . 1.30%**
(to be renamed Gartmore GVIT Money Market Fund II)#
NSAT Investor Destinations Aggressive Fund . . . . . . . . 0.61%***
(to be renamed Gartmore GVIT Investor Destinations
Aggressive Fund)#
NSAT Investor Destinations Moderately Aggressive Fund. . . 0.61%***
(to be renamed Gartmore GVIT Investor Destinations
Moderately Aggressive Fund)#
NSAT Investor Destinations Moderate Fund . . . . . . . . . Class I 0.61%***
(to be renamed Gartmore GVIT Investor Destinations
Moderate Fund)#
NSAT Investor Destinations Moderately Conservative Fund. . Class I 0.61%***
(to be renamed Gartmore GVIT Investor Destinations
Moderately Conservative Fund)#
NSAT Investor Destinations Conservative Fund . . . . . . . Class I 0.61%***
(to be renamed Gartmore GVIT Investor Destinations
Conservative Fund)#
-- 317 --
With respect to each of the NSAT Investor Destinations Funds, for the
period until May 1, 2003, it is hereby agreed that Fund Operating Expenses shall
include Rule 12b-1 fees and fees paid pursuant to an Administrative Services
Plan.
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* Effective until at least April 30, 2003.
** Effective until at least May 1, 2002.
*** Effective until at least May 1, 2003.
# Name changes to be effective upon the name change of the Trust.
VILLANOVA MUTUAL FUND CAPITAL TRUST
(to be renamed Gartmore Mutual Fund Capital Trust)
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: V.P. - Associate General Counsel
NATIONWIDE SEPARATE ACCOUNT TRUST
(to be renamed Gartmore Variable Insurance Trust)
By: /s/ ▇▇▇▇ Tantra
Name: ▇▇▇▇ Tantra
Title: Assistant Secretary
-- 318 --