EXHIBIT (8)(ff)(iii)
AMENDMENT TO ADMINISTRATIVE SERVICES AGREEMENT
Franklin Templeton Services, LLC
American General Life Insurance Company
The Administrative Services Agreement, dated as of July 1, 1999, by and among
Franklin Templeton 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.
All other terms and provisions of the Agreement not amended herein shall remain
in full force and effect.
Effective Date as of May 14, 2002.
Franklin Templeton Services, LLC
By:
----------------------------------
Name:
Title:
American General Life Insurance Company
By:
----------------------------------
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.
- -------------------------------------------------------------------------------------------------------------------------------
COMPANY PRODUCT FUNDS OF THE TRUST FEE EFFECTIVE
SECURITIES ACT NO. DATE
- -------------------------------------------------------------------------------------------------------------------------------
Platinum Investor Templeton Asset Strategy Fund-Class 2
Variable Annuity Templeton International Securities Fund-Class 2
333-70667 0.15% 7/1/99
------------------------------------------------------------------------------
Legacy Plus VUL Templeton Developing Markets Securities Fund-Class 2
333-53909 Templeton International Securities Fund-Class 2
Franklin Small Cap Fund-Class 2
------------------------------------------------------------------------------
AG Legacy Plus VUL Templeton International Securities Fund-Class 2
333-89897 Franklin Small Cap Fund-Class 2
American ------------------------------------------------------------------------------
General The One VUL Solution Templeton Developing Markets Securities Fund-Class 2
Life 333-87307 Franklin Small Cap Fund-Class 2
Insurance -------------------------------------------------------------------------------------------------------------
Company Platinum Investor Franklin U.S. Government Fund-Class 2
I & II VUL Mutual Shares Securities Fund-Class 2
333-42567 Templeton International Securities Fund-Class 2 0.15% 11/1/01
------------------------------------------------------------------------------
Platinum Investor Franklin U.S. Government Fund-Class 2
III VUL Mutual Shares Securities Fund-Class 2
333-43264 Templeton International Securities Fund-Class 2
------------------------------------------------------------------------------
Platinum Investor Franklin U.S. Government Fund-Class 2
Survivor VUL Mutual Shares Securities Fund-Class 2
333-90787 Templeton International Securities Fund-Class 2
- -------------------------------------------------------------------------------------------------------------------------------
Platinum Investor Franklin U.S. Government Fund-Class 2
Survivor II VUL Mutual Shares Securities Fund-Class 2
333-65170 Templeton International Securities Fund-Class 2
------------------------------------------------------------------------------
Platinum Investor Franklin U.S. Government Fund-Class 2
PLUS VUL Mutual Shares Securities Fund-Class 2
333-82982 Templeton Foreign Securities Fund-Class 2
------------------------------------------------------------------------------
2