EXHIBIT (h)(25)(c)
Amendment No. 7 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 No. 7 is executed effective as of August 31, 2007.
FRANKLIN ▇▇▇▇▇▇▇▇▇ SERVICES, LLC
By:
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Name:
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Title:
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AMERICAN GENERAL LIFE INSURANCE
COMPANY
By:
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Name:
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Title:
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[Corporate Seal] Attest:
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Name:
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Title:
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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 Class 2 Shares 0.15% 7/1/99
Plus VUL ▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
333-89897 Franklin Small-Mid Cap Growth
Securities Fund
02 Legacy Plus Class 2 Shares 0.15% 7/1/99
VUL Franklin Small-Mid Cap Growth
333-53909 Securities Fund
▇▇▇▇▇▇▇▇▇ Developing Markets
Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
03 Platinum Class 2 Shares 0.15% 11/1/01
Investor I Franklin U.S. Government Fund
VUL Mutual Shares Securities Fund
333-42567 ▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
04 Platinum Class 2 Shares 0.15% 5/1/03
Investor II Franklin Small Cap Value Securities
VUL Fund
333-103361 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
05 Platinum Class 2 Shares 0.15% 5/1/03
Investor III Franklin Small Cap Value Securities
VUL Fund
333-43264 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
06 Platinum Class 2 Shares 0.15% 5/1/03
Investor Franklin Small Cap Value Securities
PLUS VUL Fund
333-82982 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
07 Platinum Class 2 Shares 0.15% 5/1/03
Investor Franklin Small Cap Value Securities
Survivor Fund
VUL Franklin U.S. Government Fund
333-90787 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 Class 2 Shares 0.15% 5/1/03
Investor Franklin Small Cap Value Securities
Survivor II Fund
VUL Franklin U.S. Government Fund
333-65170 Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
09 Platinum Class 2 Shares 0.15% 7/1/99
Investor Templeton Global Asset Allocation
Variable Fund
Annuity ▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
333-70667
10 The One Class 2 Shares 0.15% 7/1/99
VUL Franklin Small-Mid Cap Growth
Solution Securities Fund
333-87307 ▇▇▇▇▇▇▇▇▇ Developing Markets
Securities Fund
11 Platinum Class 2 shares: 0.15% 1/15/04
Investor Franklin Small Cap Value Securities
Immediate Fund
VA Franklin U.S. Government Fund
333-109206 Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
12 Platinum Class 2 shares 0.15% 1/15/04
Investor Franklin Small Cap Value Securities
FlexDirector Fund
333-109613 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
13 Corporate Class 2 shares 0.15% 7/1/04
America Franklin Small Cap Value Securities 8/31/07
333-80191 Fund 8/31/07
Franklin U.S. Government Fund 8/31/07
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
14 Platinum Class 2 shares: 0.15% 1/15/05
Investor IV Franklin Small Cap Value Securities
VUL Fund
333-118318 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
15 Platinum Class 2 shares: 0.15% 2/1/06
Investor Franklin Small Cap Value Securities
VIP VUL Fund
333-129552 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
16 American Class 1 shares: 0.15% 4/3/06
General Franklin Small Cap Value Securities
Signature II Fund
3
Beginning of
Period for
Product Name Computation of
# 1933 Act No. Funds of the Trust Fee Rate Fee
- ------------ ----------------------------------- -------- --------------
17 AIG Class 2 shares: 0.15% 8/31/07
Corporate Franklin Small Cap Value Securities
Investor Fund
333-143072 Franklin U.S. Government Fund
Mutual Shares Securities Fund
▇▇▇▇▇▇▇▇▇ Foreign Securities Fund
18 AIG Class 2 shares: 0.15% 10/1/07
Income Franklin Small Cap Value Securities
Advantage Fund
VUL Mutual Shares Securities Fund
333-144594
4