EXHIBIT (h)(26)(c)
AMENDMENT NO. 3 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 effective as of July 30, 2004.
Franklin ▇▇▇▇▇▇▇▇▇ Services, LLC
By:
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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
PRODUCT NAME PERIOD FOR
# 1933 ACT NO. FUNDS OF THE TRUST FEE RATE COMPUTATION OF 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
------------------------------------------------------------------------------------------------------------------
1
BEGINNING OF
PRODUCT NAME PERIOD FOR
# 1933 ACT NO. FUNDS OF THE TRUST FEE RATE COMPUTATION OF 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
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2