EXHIBIT (h)(27)(c)
AMENDMENT NO. 8 TO
ADMINISTRATIVE SERVICES AGREEMENT
Franklin ▇▇▇▇▇▇▇▇▇ Services, LLC
American General Life Insurance Company
THIS AMENDMENT is made by and between Franklin ▇▇▇▇▇▇▇▇▇ Services, LLC (the
"Fund Administrator") and American General Life Insurance Company (the
"Company").
WHEREAS, The Company and the Fund Administrator have entered into an
Administrative Services Agreement, dated as of July 1, 1999 (the "Agreement"),
concerning certain administrative services with respect to each series ("Fund"
or "Funds") of Franklin ▇▇▇▇▇▇▇▇▇ Variable Insurance Products Trust (the
"Trust") listed on the Schedule B of the Agreement;
WHEREAS, the Company and the Fund Administrator wish to amend the Agreement
for the purpose of adding certain new variable life or variable annuity
insurance contracts covered by the Agreement.
NOW, THEREFORE, in consideration of past and prospective business relations,
the Fund Administrator and the Company hereby amend the Agreement as follows:
1. Schedule B of the Agreement 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, 2008.
FRANKLIN ▇▇▇▇▇▇▇▇▇ SERVICES, LLC AMERICAN GENERAL LIFE INSURANCE
COMPANY
By: By:
-------------------------------- ------------------------------
Name: Name:
-------------------------------- ------------------------------
Title: Title:
-------------------------------- ------------------------------
Attest:
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Name:
------------------------------
Title:
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[CORPORATE SEAL]
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.
DATE OF
BEGINNING OF
PERIOD FOR
PRODUCT NAME/ COMPUTATION
# COMPANY REGISTRATION NO. FUNDS OF THE TRUST FEE RATE OF FEE
- ------------ -------------------- ---------------------------------- -------- ------------
1. American AG Legacy Plus VUL Class 2 Shares: 0.15% 7/1/99
General Life 333-89897 ▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
Insurance Franklin Small-Mid Cap Growth
Company Securities Fund
2. American Corporate America Class 2 shares: 0.15% 7/1/04
General Life 333-80191 Franklin Small Cap Value
Insurance Securities Fund
Company
Franklin U.S. Government Fund 0.15% 8/31/07
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
3. American Legacy Plus VUL Class 2 Shares: 0.15% 7/1/99
General Life 333-53909 Franklin Small-Mid Cap Growth
Insurance Securities Fund
Company ▇▇▇▇▇▇▇▇▇ Developing Markets
Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
4. American Platinum Investor Class 2 shares: 0.15% 1/15/04
General Life FlexDirector Franklin Small Cap Value
Insurance 333-109613 Securities Fund
Company Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund 0.15% 8/31/07
- Class 2
5. American Platinum Investor I Class 2 Shares: 0.15% 11/1/01
General Life VUL Franklin U.S. Government Fund
Insurance 333-42567 Mutual Shares Securities Fund
Company ▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
6. American Platinum Investor II Class 2 Shares: 0.15% 5/1/03
General Life VUL Franklin Small Cap Value
Insurance 333-103361 Securities Fund
Company Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
2
DATE OF
BEGINNING OF
PERIOD FOR
PRODUCT NAME/ COMPUTATION
# COMPANY REGISTRATION NO. FUNDS OF THE TRUST FEE RATE OF FEE
- ------------ --------------------- ---------------------------------- -------- ------------
7. American Platinum Investor III Class 2 Shares: 0.15% 5/1/03
General Life VUL Franklin Small Cap Value
Insurance 333-43264 Securities Fund
Company Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
8. American Platinum Investor Class 2 shares: 0.15% 1/15/04
General Life Immediate VA Franklin Small Cap Value
Insurance 333-109206 Securities Fund
Company Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund 0.15% 8/31/07
- Class 2
9. American Platinum Investor IV Class 2 shares: 0.15% 1/15/05
General Life VUL Franklin Small Cap Value
Insurance 333-118318 Securities Fund
Company Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
10. American Platinum Investor Class 2 Shares: 0.15% 5/1/03
General Life PLUS VUL Franklin Small Cap Value
Insurance 333-82982 Securities Fund
Company Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
11. American Platinum Investor Class 2 Shares: 0.15% 5/1/03
General Life Survivor II VUL Franklin Small Cap Value
Insurance 333-65170 Securities Fund
Company Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
12. American Platinum Investor Class 2 Shares: 0.15% 5/1/03
General Life Survivor VUL Franklin Small Cap Value
Insurance 333-90787 Securities Fund
Company Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
13. American Platinum Investor Class 2 Shares: 0.15% 7/1/99
General Life Variable Annuity Templeton Global Asset Allocation
Insurance 333-70667 Fund
Company ▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
3
DATE OF
BEGINNING OF
PERIOD FOR
PRODUCT NAME/ COMPUTATION
# COMPANY REGISTRATION NO. FUNDS OF THE TRUST FEE RATE OF FEE
- ------------ ------------------- ---------------------------------- -------- ------------
14. American Platinum Investor Class 2 shares: 0.15% 2/1/06
General Life VIP VUL Franklin Small Cap Value
Insurance 333-129552 and 333- Securities Fund
Company 137817 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
15. American The One VUL Class 2 Shares: 0.15% 7/1/99
General Life Solution Franklin Small-Mid Cap Growth
Insurance 333-87307 Securities Fund
Company ▇▇▇▇▇▇▇▇▇ Developing Markets
Securities Fund
16. American American General Class 1 shares: 0.15% 4/24/06
General Life Signature II Franklin Small Cap Value
Insurance Not registered Securities Fund
Company
17. American AIG Corporate Class 2 shares: 0.15% 8/31/07
General Life Investor VUL Franklin Small Cap Value
Insurance 333-143072 Securities Fund
Company Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
18. American AIG Income Class 2 shares: 0.15% 10/1/07
General Life Advantage VUL Franklin Small Cap Value
Insurance 333-144594 Securities Fund
Company Mutual Shares Securities Fund
19. American AIG Protection Class 2 shares: 0.15% 2/1/08
General Life Advantage VUL Franklin Small Cap Value
Insurance 333-146948 Securities Fund
Company Mutual Shares Securities Fund
4