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Previous: PRINCIPAL VARIABLE CONTRACTS FUND INC, 485BPOS, EX-99.A, 2000-10-24 |
Next: PRINCIPAL VARIABLE CONTRACTS FUND INC, 485BPOS, EX-99.D.4, 2000-10-24 |
SECOND AMENDMENT TO THE
PRINCIPAL VARIABLE CONTRACTS FUND, INC.
MANAGEMENT AGREEMENT
The Management Agreement executed and entered into by and between Principal
Variable Contracts Fund, Inc., a Maryland corporation, and Principal Management
Corporation, an Iowa corporation, on the 1st day of July, 1997, is hereby
amended to including the following:
SCHEDULE 12
Management Fees
Blue Chip Account
Average Daily Net Fee as a Percentage of
Assets of the Fund Average Daily Net Assets
------------------ ------------------------
First $250 Million 0.60%
Next $250 Million 0.55%
Next $250 Million 0.50%
Next $250 Million 0.45%
Thereafter 0.40%
SCHEDULE 13
Management Fees
LargeCap Growth Account
Average Daily Net Fee as a Percentage of
Assets of the Fund Average Daily Net Assets
------------------ ------------------------
First $250 Million 1.10%
Next $250 Million 1.05%
Next $250 Million 1.00%
Next $250 Million 0.95%
Thereafter 0.90%
SCHEDULE 14
Management Fees
MidCap Value Account
Average Daily Net Fee as a Percentage of
Assets of the Fund Average Daily Net Assets
------------------ ------------------------
First $250 Million 1.05%
Next $250 Million 1.00%
Next $250 Million 0.95%
Next $250 Million 0.90%
Thereafter 0.85%
SCHEDULE 15
Management Fees
Stock Index 500 Account
Average Daily Net Fee as a Percentage of
Assets of the Fund Average Daily Net Assets
------------------ ------------------------
Overall Fee 0.35%
Executed this 17th day of March, 1999
Principal Management Corporation Principal Variable Contracts Fund, Inc.
/s/ Ernest H. Gillum /s/ A. S. Filean
by:________________________________ by:________________________________
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