Exhibit 99.B(h)(10)
FORM OF
AMENDMENT
DATED [FEBRUARY 17, 2006]
TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX VARIABLE TRUST
AND RYDEX FUND SERVICES, INC.,
DATED AUGUST 11, 1998,
AS AMENDED
FORM OF
AMENDMENT TO
ACCOUNTING SERVICES AGREEMENT
DATED AUGUST 11, 1998, AS AMENDED,
BETWEEN
RYDEX VARIABLE TRUST
AND
RYDEX FUND SERVICES, INC.
The following Amendment, which supercedes all previous amendments, is made to
the Accounting Services Agreement between Rydex Variable Trust (the "Trust") and
Rydex Fund Services, Inc. (the "Servicer"), as amended to date (the
"Agreement"), and is hereby incorporated into and made a part of the Agreement:
The fourth paragraph under the section "Witnesseth" of the Agreement
is amended, effective [February 17, 2006], to read as follows:
WHEREAS, the board of trustees of the Trust (the "Trustees") have
created the following Funds of the Trust: The U.S. Government Bond Fund,
The U.S. Government Money Market Fund, The Nova Fund, The Ursa Fund, The
Arktos Fund, The Juno Fund, The Rydex OTC Fund, The Titan 500 Fund, The
Tempest 500 Fund, The Velocity 100 Fund, The Venture 100 Fund, The Long
Dynamic Dow 30 Fund, The Inverse Dynamic Dow 30 Fund, The Large-Cap Value
Fund, The Large-Cap Growth Fund, The Mid-Cap Value Fund, The Mid-Cap Growth
Fund, The Inverse Mid-Cap Fund, The Small-Cap Value Fund, The Small-Cap
Growth Fund, The Inverse Small-Cap Fund, The Large-Cap Europe Fund, The
Large-Cap Japan Fund, The Mekros Fund, The Medius Fund, The All-Cap Value
Fund, The Strengthening Dollar Fund, The Weakening Dollar Fund, The Banking
Fund, The Basic Materials Fund, The Biotechnology Fund, The Consumer
Products Fund, The Electronics Fund, The Energy Fund, The Energy Services
Fund, The Financial Services Fund, The Health Care Fund, The Internet Fund,
The Leisure Fund, The Precious Metals Fund, The Retailing Fund, The Real
Estate Fund, The Technology Fund, The Telecommunications Fund, The
Transportation Fund, The Utilities Fund, The Commodities Fund, The Sector
Rotation Fund, The Core Equity Fund, The Absolute Return Strategies Fund,
The Market Neutral Fund, The Hedged Equity Fund, The CLS AdvisorOne ▇▇▇▇▇▇▇
VT Fund, The CLS AdvisorOne Clermont VT Fund and THE CLS ADVISORONE
BEROLINA FUND (collectively, the "Funds");
ADDITIONS ARE IN BOLD.
In witness whereof, the parties hereto have caused this Amendment to be
executed in their names and on their behalf and through their duly-authorized
officers as of the [17th day of February, 2006].
RYDEX VARIABLE TRUST
-----------------------------
By: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇
Title: President
RYDEX FUND SERVICES, INC.
-----------------------------
By: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇
Title: President
