SEVENTH AMENDMENT
dated as of May 10, 2022
to the
SERVICE AGREEMENT
dated as of November 28, 2007
among
Van Eck Securities Corporation (the “Distributor”), Principal Life Insurance Company and Principal National Life Insurance Company (collectively, the “Company”), and Principal Securities, Inc. (together with the Exhibits, as amended from time to time, the “Agreement”).
The Parties have previously entered into the Agreement and Have now agreed to amend the Agreement by the terms of this Seventh Amendment (the “Amendment”).
Accordingly, in consideration of their mutual agreements contained in this Amendment, the parties agree as follows:
1. Amendment to Exhibit A to the Agreement
Exhibit A is hereby amended and restated in accordance with the Amended and Restated Exhibit attached hereto.
2. Entire Agreement
Except as expressly modified hereby, all other term and conditions of the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have caused their duly authorized officers to execute this Amendment as of the date first above written.
PRINCIPAL LIFE INSURANCE COMPANY
By: /s/ Todd A. Jones
Name: Todd A. Jones
Title: Asst. Director Product Management
PRINCIPAL NATIONAL LIFE INSURANCE COMPANY
By: /s/ Todd A. Jones
Name: Todd A. Jones
Title: Asst. Director Product Management
PRINCIPAL SECURITIES, INC.
f/k/a PRINCOR FINANCIAL SERVICES CORPORATION
By: /s/ Clint Woods
Name: Clint L. Woods
Title: Vice President, Associate General Counsel,
and Secretary
VAN ECK SECURITIES CORPORATION
By: /s/ Laura Hamilton
Name: Laura Hamilton
Title: Assistant Vice President
Exhibit A
dated as of May 10, 2022
to the
SERVICE AGREEMENT
dated as of November 28, 2007
| | | | | | | | |
| Fund Name | Service Fee (revenue Share) | 12b1 fee |
| VanEck VIP Global Resources Fund Initial Class | 25bps | none |
| VanECk VIP Global Resources Fund-S Class | 15bps | 25bps |
| VanECk VIP Global Gold Fund-S Class | 15bps | 25bps |