Exhibit D(8)
Form of
Amendment No. 1 to the Investment Management Agreement
Between ▇▇▇▇ ▇▇▇▇▇▇▇ Variable Series Trust I and ▇▇▇▇ ▇▇▇▇▇▇▇ Life Insurance
Company
Reference is made to that certain Investment Management Agreement dated as of
April 30, 2001 and, as amended, by and between ▇▇▇▇ ▇▇▇▇▇▇▇ Variable Series
Trust I and ▇▇▇▇ ▇▇▇▇▇▇▇ Life Insurance Company, as amended (the "Agreement").
The parties agree to amend Schedule I to the Agreement to read as follows:
SCHEDULE I
(Effective May 1, 2004)
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Mid Cap Value Fund
Current Net Assets Under Management
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On the first $100,000,000 105 basis points (1.05%) per annum
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On amounts over $100,000,000 100 basis points (1.00%) per annum
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Total Return Bond Fund
Current Net Assets Under Management
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On the first 250,000,000 70 basis points (0.70%) per annum
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On the next $250,000,000 68 basis points (0.68%) per annum
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On amounts over $500,000,000 65 basis points (0.65%) per annum
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Financial Industries
Current Net Assets Under Management
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All net assets 80 basis points (0.80%) per annum
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
and to take effect as of May 1, 2004.
ATTEST: ▇▇▇▇ ▇▇▇▇▇▇▇ VARIABLE SERIES TRUST I
By:
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Title:
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ATTEST: ▇▇▇▇ ▇▇▇▇▇▇▇ LIFE INSURANCE COMPANY
By:
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Title:
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