0001193125-06-041335 Sample Contracts

SEVENTH AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • February 28th, 2006 • Russell Frank Investment Co

THIS SEVENTH AMENDMENT TO CREDIT AGREEMENT, dated as of December 21, 2005 (this “Amendment”), is entered into by and between Frank Russell Investment Company, as agent for certain funds listed on Schedule IV hereto, and State Street Bank and Trust Company, as Administrative Agent, Operations Agent and a Bank (“State Street”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Credit Agreement (as hereinafter defined).

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AMENDED AND RESTATED JOINT INSURANCE AGREEMENT
Joint Insurance Agreement • February 28th, 2006 • Russell Frank Investment Co • Washington

THIS AMENDED AND RESTATED JOINT INSURANCE AGREEMENT, dated as of August 9, 1999, by and among FRANK RUSSELL INVESTMENT COMPANY (“FRIC”), RUSSELL INSURANCE FUNDS (“RIF”), such other funds as may be included as parties to this Agreement as provided herein (each referred to herein as a “Fund,” and collectively referred to as the “Funds”), and Frank Russell Company (“FRC”), and each of its subsidiaries, (hereinafter collectively referred to, along with FRC, as the “Russell Companies”) amends and restates the Joint Insurance Agreement, dated as of August 5, 1996, by and among the same parties.

Re: Advisory Agreement – Manager Compensation
Advisory Agreement • February 28th, 2006 • Russell Frank Investment Co

This letter agreement amends the Advisory Agreement (the “Agreement”) dated January 1, 1999 between Frank Russell Investment Company (“FRIC”) and Frank Russell Investment Management Company (“FRIMCo”). FRIC and FRIMCo desire to amend and restate Section 6.A. of the Agreement as follows:

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