Exhibit (h)(27)(b)
Amendment No. 3 to
Administrative Services Agreement
Franklin Xxxxxxxxx Services, LLC
The United States Life Insurance Company
in the City of New York
THIS AMENDMENT is made by and between Franklin Xxxxxxxxx Services, LLC (the
"Fund Administrator") and The United States Life Insurance Company in the City
of New York (the "Company").
WHEREAS, The Company and the Fund Administrator have entered into an
Administrative Services Agreement, dated as of November 1, 2001, (the
"Agreement"), concerning certain administrative services with respect to each
series ("Fund" or "Funds") of Franklin Xxxxxxxxx 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 September 22, 2008.
FRANKLIN XXXXXXXXX SERVICES, LLC THE UNITED STATES LIFE INSURANCE
COMPANY IN THE CITY OF NEW YORK
By: By:
------------------------------ -----------------------------
Name: Xxxxxx Xxxxxx Name: Xxxx X. Xxxxxx
Title: Vice President Title: Executive Vice President
[Corporate Seal] Attest:
-----------------------------
Name: Xxxxxx X. Xxxxx
Title: Assistant Secretary
Schedule B
Administrative Expense Payment
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/ Fee Computation
# Company Securities Act No. Funds of the Trust Rate of Fee
- ----------------- ------------------ ---------------------------------------- ---- ------------
1. The United States Platinum Investor Class 2 shares: ____% 11/01/01
Life Insurance VUL Franklin U.S. Government Fund
Company in the 333-79471 Mutual Shares Securities Fund
City of New York Xxxxxxxxx Foreign Securities Fund
2. The United States Platinum Investor Class 2 shares: ____% 11/01/01
Life Insurance Survivor VUL Franklin U.S. Government Fund
Company in the 333-57062 Mutual Shares Securities Fund
City of New York Xxxxxxxxx Foreign Securities Fund
3. The United States Platinum Investor Class 2 shares: ____% 09/05/03
Life Insurance Immediate VA Franklin Small Cap Value Securities Fund
Company in the 333-109499 Franklin U.S. Government Fund
City of New York Mutual Shares Securities Fund
Xxxxxxxxx Foreign Securities Fund
4. The United States Platinum Investor Class 2 shares: ____% 09/05/03
Life Insurance PLUS Franklin Small Cap Value Securities Fund
Company in the 333-105246 Franklin U.S. Government Fund
City of New York Mutual Shares Securities Fund
Xxxxxxxxx Foreign Securities Fund
5. The United States Platinum Investor Class 2 shares: ____% 07/01/04
Life Insurance Survivor II VUL Franklin Small Cap Value Securities Fund
Company in the 333-105762 Franklin U.S. Government Xxxx
Xxxx xx Xxx Xxxx 00000X Mutual Shares Securities Fund
Xxxxxxxxx Foreign Securities Fund
6. The United States Platinum Investor Class 2 shares: ____% 05/01/07
Life Insurance VIP VUL Franklin Small Cap Value Securities Fund
Company in the 333-137941 Franklin U.S. Government Fund
City of New York Mutual Shares Securities Fund
Xxxxxxxxx Foreign Securities Fund
7. The United States AIG Protection Class 2 shares: ____% 09/15/08
Life Insurance Advantage VUL Franklin Small Cap Value Securities Fund
Company in the 333-149403 Mutual Shares Securities Fund
City of Xxx Xxxx
0
0. Xxx Xxxxxx Xxxxxx AIG Income Class 2 shares: ____% 09/15/08
Life Insurance Advantage Select Franklin Small Cap Value Securities Fund
Company in the 333-151575 Mutual Shares Securities Fund
City of New York
9. The United States Survivor Advantage Class 2 shares: ____% 12/01/08
Life Insurance 333-153067 Franklin Small Cap Value Securities Fund
Company in the Mutual Shares Securities Fund
City of New York
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