APPENDIXEXHIBIT A

FORETHOUGHT VARIABLE INSURANCE TRUST

FORM OF

PLAN OF LIQUIDATIONINVESTMENT ADVISORY AGREEMENT

By and between

Forethought Variable Insurance Trust

and

Global Atlantic Investment Advisors, LLC

THIS AGREEMENT dated this ___ day of the

[ ]

a series of shares of the Trust

This Plan of Liquidation (this "Plan") is made by____, ____ between Forethought Variable Insurance Trust, a Delaware statutory trust (the "Trust"), a statutory trust organized underand Global Atlantic Investment Advisors, LLC, an Indiana limited liability company (the "Advisor").

W I T N E S S E T H

WHEREAS, the laws of the State of Delaware, with respect to [ ] (the "Portfolio"), a series of shares of the Trust. The Trust is registered as an open-end, diversified, management investment company registered with the U.S. Securities and Exchange Commission (the "SEC") under the Investment Company Act of 1940, as amended (the "1940 Act"), and has filed with the Securities and Exchange Commission (the "Commission") a registration statement (the "Registration Statement") for the purpose of registering its shares for public offering under the Securities Act of 1933, as amended (the "1933 Act"),

WHEREAS, the parties hereto deem it mutually advantageous that the Advisor should be engaged, subject to the supervision of the Trust's Board of Trustees and officers, to manage the investment series of the Trust identified on Exhibit A to this Agreement, as may be amended from time to time (each a "Fund”, collectively as the “Funds”).

NOW, THEREFORE, in consideration of the mutual covenants and benefits set forth herein, the Trust and the Advisor do hereby agree as follows:

1.        (a)       The Advisor will regularly provide the Trust with investment research, advice and supervision and will furnish continuously an investment program for the Fund, consistent with the investment objective and policies of the Fund. The Advisor will determine from time to time what securities or instruments shall be purchased for the Fund, what securities or instruments shall be held or sold by the Fund and what portion of the Fund's assets shall be held uninvested as cash, subject always to the provisions of the Trust's Certificate of Trust, Agreement and Declaration of Trust, By-Laws and its registration statements under the 1940 Act and under the 1933 Act covering the Trust's shares, as filed with the Commission, and to the investment objective, policies and restrictions of the Fund, as each of the same shall be from time to time in effect, and subject, further, to such policies and instructions as the Board of Trustees of the Trust may from time to time establish. To carry out such determinations, the Advisor will exercise full discretion and act for the Trust in the same manner and with the same force and effect as the Trust itself might or could do with respect to purchases, sales or other transactions, as well as with respect to all other things necessary or incidental to the furtherance or conduct of such purchases, sales or other transactions.

(b)       The Advisor will, to the extent reasonably required in the conduct of the business of the Trust and upon the Trust's request, furnish to the Trust research, statistical and advisory reports about the industries, businesses, corporations or securities as to which such requests shall be made, whether or not the Fund shall at the time have any investment in such industries, businesses, corporations or securities. The Advisor will use its best efforts in the preparation of such reports and will endeavor to consult the persons and sources believed by it to have information available with respect to such industries, businesses, corporations or entities.

(c)      The Advisor will maintain all books and records with respect to the Fund's securities transactions required by subparagraphs (b)(5), (6), (9) and (10) and paragraph (f) of Rule 31a-1 under the 1940 Act (other than those records being maintained by the custodian or transfer agent appointed by the Trust) and preserve such records for the periods prescribed therefor by Rule 31a-2 under the 1940 Act. The Advisor will also provide to the Board of Trustees such periodic and special reports as the Board may reasonably request. The Advisor will coordinate with the Trust’s administrator and other service providers with respect to the administration of the affairs of the Trust and the Fund, including financial administrative services, compliance services and legal and regulatory services.

2.          (a)    Except as otherwise provided herein, the Advisor, at its own expense, shall furnish to the Trust office space in the offices of the Advisor or in such other place as may be agreed upon from time to time, and all necessary office facilities, equipment and personnel for managing the Trust's investments, and shall arrange, if desired by the Trust, for members of the Advisor's organization to serve as officers or agents of the Trust.

(b)     The Advisor shall pay directly or reimburse the Trust for: (i) the compensation (if any) of the Trustees who are affiliated with, or "interested persons" (as defined in the 1940 Act) of, the Advisor and all officers of the Trust as such; and (ii) all expenses not hereinafter specifically assumed by the Trust where such expenses are incurred by the Advisor or by the Trust in connection with the management of the affairs of, and the investment and reinvestment of the assets of, the Trust and the Fund.

(c)     The Trust shall assume and shall pay: (i) charges and expenses for fund accounting, pricing and appraisal services and related overhead, including, to the extent such services are performed by personnel of the Advisor, or its affiliates, office space and facilities and personnel compensation, including a portion of the Chief Compliance Officer’s compensation, training and benefits; (ii) the charges and expenses of auditors; (iii) the charges and expenses of any custodian, administrator, transfer agent, plan agent, dividend disbursing agent and registrar appointed by the Trust; (iv) issue and transfer taxes chargeable to the Trust in connection with securities transactions to which the Trust is a party; (v) insurance premiums, interest charges, dues and fees for membership in trade associations and all taxes and corporate fees payable by the Trust to federal, state or other governmental agencies; (vi) fees and expenses involved in registering and maintaining registrations of the Trust and/or its shares with the Commission, state securities agencies and foreign jurisdictions, including the preparation of prospectuses and statements of additional information for filing with such regulatory agencies; (vii) all expenses of shareholders' and Trustees' meetings and of preparing, printing and distributing prospectuses, notices, proxy statements and all reports to shareholders and to governmental agencies; (viii) charges and expenses of legal counsel to the Trust and the Trustees; (ix) if applicable, any distribution fees paid by the Trust in accordance with Rule 12b-1 promulgated by the Commission pursuant to the 1940 Act; (x) compensation of those Trustees of the Trust who are not affiliated with or interested persons of the Advisor or the Trust (other than as Trustees); (xi) the cost of preparing and printing share certificates; and (xii) interest on borrowed money, if any.

(d)     In addition to the expenses described in Section 2(c) above, the Trust shall pay all brokers' and underwriting commissions chargeable to the Trust or the Fund in connection with securities transactions to which the Trust is a party.

3.         (a)     The Trust shall pay to the Advisor, as compensation for the Advisor's services and expenses assumed hereunder, a fee with respect to the Fund calculated as a percentage of the

Fund's average daily net assets as set forth in Exhibit A hereto. Management fees payable hereunder shall be computed daily and paid monthly in arrears.

In the event of termination of this Agreement, the Management Fee shall be computed on the basis of the period ending on the last business day on which this Agreement is in effect subject to a pro rata adjustment based on the number of days elapsed in the current month as a percentage of the total number of days in such month.

(b)       If the operating expenses of the Fund in any year exceed the limits set by state securities laws or regulations in states in which shares of the Fund are sold, the amount payable to the Advisor with respect to the Fund under subsection (a) above will be reduced (but not below $0), and the Advisor shall make other arrangements concerning expenses but, in each instance, only as and to the extent required by such laws or regulations. If amounts have already been advanced to the Advisor under this Agreement, the Advisor will return such amounts to the Fund to the extent required by the preceding sentence.

(c)       In addition to the foregoing, the Advisor may from time to time agree not to impose all or a portion of its fee otherwise payable hereunder (in advance of the time such fee or a portion thereof would otherwise accrue) and/or undertake to pay or reimburse the Fund for all or a portion of its expenses not otherwise required to be borne or reimbursed by the Advisor. Any such fee reduction or undertaking may be discontinued or modified by the Advisor at any time.

4.       It is understood that the Advisor may employ one or more sub-investment advisers (each a "Subadviser") to provide investment advisory services to the Fund by entering into a written agreement with each such Subadviser; provided, that any such Subadviser and agreement first shall be approved by the vote of a majority of the Trustees, including a majority of the Trustees who are not "interested persons" (as defined in the 1940 Act) of the Trust, the Advisor or any such Subadviser, at a meeting of Trustees called for the purpose of voting on such approval and, except as may be otherwise permitted by then current law or an exemptive order issued by the Securities and Exchange Commission, by the affirmative vote of a "majority of the outstanding voting securities" (as defined in the 1940 Act) of the Fund. The authority given to the Advisor in Sections 1 through 6 hereof may be delegated by it under any such agreement; provided, that any Subadviser shall be subject to the same restrictions and limitations on investments and brokerage discretion as the Advisor. In the event the Advisor employs one or more Subadvisers, the Advisor shall oversee and continually evaluate performance of any such Subadviser and shall make such recommendations to the Trust's Trustees from time to time concerning the continuation, termination or modification of any such arrangements as the Advisor deems appropriate. Notwithstanding the foregoing, the Trust agrees that the Advisor shall not be accountable to the Trust or the Fund for any loss or liability relating to specific investments directed solely by any Subadviser.

5.       The Advisor will not be liable for any error of judgment or mistake of law or for any loss sustained by reason of the adoption of any investment policy or the purchase, sale, or retention of any security on the recommendation of the Advisor, whether or not such recommendation shall have been based upon its own investigation and research or upon investigation and research made by any other individual, firm or corporation, but nothing contained herein will be construed to protect the Advisor against any liability to the Trust or the Fund or its shareholders by reason of willful misfeasance, bad faith or gross negligence in the performance of its duties or by reason of its reckless disregard of its obligations and duties under this Agreement.

6.        (a)      Nothing in this Agreement will in any way limit or restrict the Advisor or any of its officers, directors, or employees from buying, selling or trading in any securities for its or their

own accounts or other accounts. The Advisor may act as an investment adviser to any other person, firm or corporation, and may perform management and any other services for any other person, association, corporation, firm or other entity pursuant to any contract or otherwise, and take any action or do any thing in connection therewith or related thereto; and no such performance of management or other services or taking of any such action or doing of any such thing shall be in any manner restricted or otherwise affected by any aspect of any relationship of the Advisor to or with the Trust or deemed to violate or give rise to any duty or obligation of the Advisor to the Trust except as otherwise imposed by law. The Trust recognizes that the Advisor, in effecting transactions for its various accounts, may not always be able to take or liquidate investment positions in the same security at the same time and at the same price.

(b)      In connection with purchases or sales of securities for the account of the Fund, neither the Advisor nor any of its Trustees, officers or employees will act as a principal or agent or receive any commission except as permitted by the 1940 Act. The Advisor shall arrange for the placing of all orders for the purchase and sale of securities for the Fund's account with brokers or dealers selected by the Advisor. In the selection of such brokers or dealers and the placing of such orders, the Advisor is directed at all times to seek for the Fund the most favorable execution and net price available except as described herein. It is also understood that it is desirable for the Fund that the Advisor have access to supplemental investment and market research and security and economic analyses provided by brokers who may execute brokerage transactions at a higher cost to the Fund than may result when allocating brokerage to other brokers on the basis of seeking the most favorable price and efficient execution. Therefore, the Advisor is authorized to place orders for the purchase and sale of securities for the Fund with such brokers, subject to review by the Trust's Trustees from time to time with respect to the extent and continuation of this practice. It is understood that the services provided by such brokers may be useful to the Advisor in connection with its or its affiliates' services to other clients.

(c)       On occasions when the Advisor deems the purchase or sale of a security to be in the best interest of the Fund as well as another fund or other clients, the Advisor, to the extent permitted by applicable laws and regulations, may aggregate the securities to be sold or purchased in order to obtain the best execution and lower brokerage commissions, if any. In such event, allocation of the securities so purchased or sold, as well as the expenses incurred in the transaction, will be made by the Advisor in the manner it considers to be the most equitable and consistent with its fiduciary obligations to the Fund and to such other funds or other clients.

7.       This PlanAgreement shall remain in force for two (2) years from the date of execution and from year to year thereafter through December 31 of each calendar year , but only so long as its continuance is designedapproved annually by a vote of the Trustees of the Trust, including a majority of its Trustees who are not parties to accomplishthis Agreement or "interested persons" (as defined in the 1940 Act) of any such parties, at a meeting of Trustees called for the purpose of voting on such approval or by a vote of a "majority of the outstanding voting securities" (as defined in the 1940 Act) of the Fund, subject to the right of the Trust and the Advisor to terminate this contract as provided in Section 8 hereof.

8.       Either party hereto may, without penalty, terminate this Agreement by vote of its Board of Trustees or Directors, as the case may be, or by vote of a "majority of its outstanding voting securities" (as defined in the 1940 Act) and the giving of 60 days' written notice to the other party.

9.       This Agreement shall automatically terminate in the event of its assignment. For purposes of this Agreement, the term "assignment" shall have the meaning given it by Section 2(a)(4) of the 1940 Act.

10.      The Trust agrees that in the event that neither the Advisor nor any of its affiliates acts as an investment adviser to the Trust, the name of the Trust and the Fund will be changed to one that does not contain the name "Global Atlantic," or otherwise suggest an affiliation with the Advisor.

11.      The Advisor is an independent contractor and not an employee of the Trust for any purpose. If any occasion should arise in which the Advisor gives any advice to its clients concerning the shares of the Fund, the Advisor will act solely as investment counsel for such clients and not in any way on behalf of the Trust or any series thereof.

12.      This Agreement states the entire agreement of the parties hereto, and is intended to be the complete liquidationand exclusive statement of the Portfolioterms hereof. It may not be added to or changed orally, and may not be modified or rescinded except by a writing signed by the parties hereto and in conformityaccordance with the 1940 Act, when applicable.

13.      This Agreement and all performance hereunder shall be governed by and construed in accordance with the laws of Indiana.

14.      Any term or provision of this Agreement which is invalid or unenforceable in any jurisdiction shall, as to such jurisdiction be ineffective to the Stateextent of Delaware,such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms or provisions of this Agreement or affecting the validity or enforceability of any of the terms or provisions of this Agreement in any other jurisdiction.

15.      The parties to this Agreement acknowledge and agree that all liabilities arising hereunder, whether direct or indirect, and of any and every nature whatsoever shall be satisfied solely out of the assets of the Fund and that no Trustee, officer or holder of shares of beneficial interest of the Trust shall be personally liable for any of the foregoing liabilities.

16.      The sole parties to this Agreement are the Trust and the Advisor and the Trust is the sole beneficiary of the Advisor’s services hereunder. The parties to this Agreement do not intend for this Agreement to benefit any third party, including without limitation a record holder or beneficial holder of shares of beneficial interest of the Trust and/or a Fund, that is not expressly identified as a party to this Agreement. The terms of this Agreement may be enforced solely by a party to this Agreement.

17.      This Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

18.      References to the requirements of the 1940 Act herein should be interpreted as now in effect or as hereafter amended and subject to such orders or no-action letters as may be granted by the Commission or its staff.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized officers as of the day and year first above written.

Exhibit A

Fees

Global Atlantic BlackRock Allocation Portfolio

Global Atlantic BlackRock Disciplined Core Portfolio

Global Atlantic BlackRock Disciplined Growth Portfolio

Global Atlantic BlackRock Disciplined International Core Portfolio

Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio

Global Atlantic BlackRock Disciplined Small Cap Portfolio

Global Atlantic BlackRock Disciplined U.S. Core Portfolio

Global Atlantic BlackRock Disciplined Value Portfolio

Global Atlantic BlackRock High Yield Portfolio

Global Atlantic Goldman Sachs Core Fixed Income Portfolio

Global Atlantic Goldman Sachs Global Equity Insights Portfolio

Global Atlantic Goldman Sachs Large Cap Growth Insights Portfolio

Global Atlantic Goldman Sachs Mid Cap Value Insights Portfolio

EXHIBIT B

FORM OF

INVESTMENT ADVISORY AGREEMENT FOR SUBADVISER

AGREEMENT made as of the __ day of ____, ___ by and among Global Atlantic Investment Advisors, LLC, an Indiana limited liability company (the "Investment Adviser"), Forethought Variable Insurance Trust, a Delaware statutory trust (the "Trust"), on behalf of its series, listed in Schedule A, as may be amended from time to time, (the “Funds”), and BlackRock Investment Management, LLC (the “Sub-adviser"), a Delaware limited liability company located at 1 University Square Drive, Princeton, New Jersey 08540

WHEREAS, the Trust is an open-end, management investment company, registered under the Investment Company Act of 1940, as amended (the "1940 Act"), and each Fund is a series of the Trust;

WHEREAS, the Investment Adviser and the Sub-adviser are investment advisers registered with the Securities and Exchange Commission (“SEC”) under the Investment Advisers Act of 1940, as amended (the “Advisers Act”);

WHEREAS, pursuant to the provisions of the Investment Advisory Agreement dated [ ],between the Investment Adviser and the Trust, on behalf of the Funds, the Investment Adviser may delegate any or all of its portfolio management responsibilities under that agreement to one or more subadvisers;

WHEREAS, the Investment Adviser has selected the Sub-adviser to act as a sub-investment adviser of each of the Funds and to provide certain other services, as more fully set forth below, and the Sub-adviser is willing to act as such sub-investment adviser and to perform such services under the terms and conditions hereinafter set forth;

NOW, THEREFORE, the Investment Adviser, the Trust and the Sub-adviser agree as follows:

1.       Investment Advisory and Management Services. The Investment Adviser hereby appoints the Sub-adviser to serve as a subadviser to the Funds or, where the Funds have multiple subadvisers (as determined by the Investment Adviser from time to time), a discrete portion of the Funds and the Sub-adviser hereby accepts such appointment. References to “Funds” herein include a discrete portion of the Funds, as applicable. Subject to the supervision of the Investment Adviser, Sub-adviser will regularly provide the Funds with investment advice and investment management services concerning the investments of the Funds. The Sub-adviser will determine what securities or instruments shall be purchased, held or sold by the Funds and what portion of each Fund’s assets shall be held uninvested in cash and cash equivalents, subject always to the provisions of the Trust’s Declaration of Trust and By-laws and the 1940 Act, and to the investment objectives, policies and restrictions applicable to the Funds (including, without limitation, Sections 817(h) and 851(b)(3) of the Internal Revenue Code of 1986, as amended based solely on information provided by the fund’s administrator, custodian or other service providers) (the "Code"), as each of the Trust's Amendedsame shall be from time to time in effect or set forth in the Funds’ Prospectus and Restated Agreement and DeclarationStatement of Trust (the "Declaration of Trust"), andAdditional Information, as well as any other investment guidelines or policies the Trust's By-Laws, as amended to date (the "By-Laws").

WHEREAS, at a meeting duly called and held on May 17, 2018, the Trust'sTrust’s Board of Trustees (the “Board” or “Trustees”) or the Investment Adviser may from time to time establish and deliver in writing to the

Sub-adviser prior to the effective date thereof. The Investment Adviser acknowledges that the Sub-adviser is not the tax agent for the Funds. The Investment Adviser agrees and acknowledges that the Sub-adviser may from time to time, subject to the approval of the Adviser and the Board, to the extent permitted by applicable law, appoint one or more sub-sub-advisers, including, a majoritywithout limitation, affiliates of thosethe Sub-adviser, to perform investment advisory services with respect to the Funds; provided, however, that the compensation of such person or persons shall be paid by the Sub-adviser and that the Sub-adviser shall be fully responsible to the Trust for the acts and omissions of any sub-sub-adviser as it is for its own acts and omissions. The Sub-adviser may, as permitted by rule, regulation or position of the staff of the Securities and Exchange Commission, utilize the personnel of its affiliates including foreign affiliates in providing services under this Agreement, provided that Sub-Adviser remains solely responsible for the provision of services under this Agreement.

The Sub-adviser will exercise full discretion with respect to the investment and reinvestment of the assets of the Funds, subject to the preceding paragraph, and act for the Funds in the same manner and with the same force and effect as the Trust might or could do with respect to purchases, sales or other transactions, as well as with respect to all other things necessary or incidental to the furtherance or conduct of such purchases, sales or other transactions. Notwithstanding the foregoing, the Sub-adviser shall, upon written instructions from the Investment Adviser, effect such portfolio transactions for the Funds as the Investment Adviser may from time to time reasonably direct. Such instructions will be given in reasonable circumstances, including, without limitation, any termination of this Agreement.

The Sub-adviser will also make its officers and employees available to meet with the officers of the Investment Adviser and the Trust’s officers and Trustees whoat least quarterly on due notice to review the investments and investment program of the Funds in the light of current and prospective economic and market conditions. From time to time as the Board of Trustees of the Trust or the Investment Adviser may reasonably request, the Sub-adviser will furnish to the Investment Adviser and Trust’s officers and to each of its Trustees, at the Sub-adviser's expense, reports on portfolio transactions and reports on issues of securities or instruments held by the Funds, all in such detail as the Trust or the Investment Adviser may reasonably request. The Sub-Adviser shall provide reasonable assistance to the Investment Adviser as to the determination of the fair value of certain investments where market quotations are not "interested persons" within the meaningreadily available for purposes of calculating net asset value of the 1940 Act (the "Independent Trustees"), on behalfFunds in accordance with valuation procedures and methods established by the Trust provided that the Sub-adviser shall not be deemed to be the valuation agent for the Funds. In addition, the Sub-adviser will not be liable for any loss arising out of any assistance provided by the Sub-adviser to the Investment Adviser in relation to the determination of the Portfolio, determined that it is advisable andfair value of certain investments.

In addition, the Sub-adviser will provide a quarterly certification, in the best interest ofform provided by the Portfolio and its shareholdersInvestment Adviser from time to liquidatetime, that the Portfolio;

NOW THEREFORE,Sub-adviser has managed the liquidation of the Portfolio shall be carried outFunds in the manner set forth herein:

1.  Effective Date of Plan. This Plan is effective as of May 18, 2018 (the "Effective Date").

2.  Liquidation. Consistentaccordance with the provisions of this Plan,Agreement. The Sub-adviser acknowledges and agrees that the PortfolioInvestment Adviser may, in its discretion, provide such quarterly compliance certifications to the Board. The Sub-adviser shall also, upon the reasonable request of the Investment Adviser, provide the officers of the Funds with supporting certifications in connection with such certifications of the Funds’ financial statements and disclosure controls pursuant to the Sarbanes-Oxley Act.

The Sub-adviser will cooperate with and provide reasonable assistance to the Investment Adviser, the Funds’ custodian and foreign custodians, transfer agent and all other agents and representatives of the Trust and the Investment Adviser, will endeavor to keep all such persons fully

informed as to such matters as they may reasonably deem necessary to the performance of their obligations to the Trust, on behalf of the Funds, and the Investment Adviser, provide responses as soon as reasonably practicable to reasonable requests made by such persons and maintain any appropriate interaction with each to promote the exchange of information.

Unless and until otherwise directed in writing by the Investment Adviser or the Trust’s officers or Board, the Sub-adviser will be liquidatedresponsible for voting all proxies, including taking action with respect to corporate action elections for proxies and corporate actions communicated by the Funds or its agents to the Sub-adviser, with respect to the securities held by the Funds.

The Sub-adviser shall not be responsible for filing proofs of claim or otherwise participating in class action lawsuits with respect to securities held by the Funds.

The Sub-adviser shall maintain all books and records required by Rule 31a-1 under the 1940 Act relating to its responsibilities provided hereunder with respect to the Funds, and shall preserve such records for the periods and in a manner prescribed by Rule 31a-2 under the 1940 Act. The Sub-adviser shall permit the Investment Adviser, the Funds' officers and its independent public accountants to inspect and audit such records at reasonable times during normal business hours upon due notice.

If any occasion should arise in which the Sub-adviser gives any advice to its clients concerning the shares of the Funds, the Sub-adviser will act solely as investment counsel for such clients and not in any way on behalf of the Funds. The Sub-adviser's services to the Funds pursuant to this Agreement are not to be deemed to be exclusive, and it is understood that the Sub-adviser may render investment advice, management and other services to others.

The Sub-adviser is prohibited from consulting with any other subadviser to the Funds or about [ ] (the "Liquidation Date"),any other subadviser to any other series of the Trust concerning the Funds’ transactions in accordancesecurities or other assets, except for the purpose of complying with the Declarationconditions of Trust, By-Laws,Rule 12d3-1(a) and all applicable laws and regulations,(b) under the 1940 Act.

2.       Expenses. The Sub-adviser will bear its own costs of providing services hereunder. The Sub-adviser will not be responsible for expenses of the Investment Adviser or the Funds, including, but not limited to, Section 331the following: the Funds' legal, auditing and accounting expenses; expenses of maintenance of the Code.Funds' books and records other than those required to be maintained by the Sub-adviser, including computation of the Funds' daily net asset value per share and dividends; interest, taxes, governmental fees and membership dues incurred by the Funds; fees of the Funds’ custodian, transfer agent, registrar or other agents; expenses of preparing the Funds' share certificates; expenses relating to the redemption or repurchase of the Funds’ shares; expenses of registering and qualifying Funds shares for sale under applicable federal and state laws; expenses of preparing, setting in print, printing and distributing prospectuses, reports, notices and dividends to Funds investors; cost of Funds stationery; costs of Trustee, shareholder and other meetings of the Trust or Funds; traveling expenses of officers, trustees and employees of the Trust or Funds; fees of the Trust's trustees and salaries of any officers or employees of the Trust or Funds; and each Fund's pro rata portion of premiums on any fidelity bond and other insurance covering the Trust or Funds and their officers and trustees.

3.       CessationCompensation of Business.Sub-adviser On or after. As compensation for all investment advisory and management services to be rendered hereunder, the Effective Date,Investment Adviser will pay the PortfolioSub-adviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset

value of the Funds. The annual subadvisory fee, listed in Schedule B, is expressed as a percent of the average daily net assets of the Funds.

For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall cease its business, may depart from its stated investment objectivebe prorated according to the proportion which such period bears to a full fiscal quarter. The Sub-adviser's fee shall be payable solely by the Investment Adviser. The Funds shall have no responsibility for such fee.

For purposes hereof, the value of net assets of the Funds shall be computed in the manner specified in the Funds’ Prospectus and policies as it prepares to distribute its assets to shareholders, and shall not engage in any business activities exceptStatement of Additional Information for the purposes of: (a) winding up the Portfolio's business and affairs; (b) marshalling and preservingcomputation of the value of the Portfolio's assets; and (c) distributingnet assets of the Portfolio's assets to shareholders by redeeming their sharesFunds in accordanceconnection with the provisionsdetermination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in this Plan after making paymentthe Funds’ Prospectus, the net asset value for purposes of calculating the subadvisory fee shall be calculated as of the date last determined.

4.       Obligations of the Investment Adviser.

a.       The Investment Adviser shall provide (or cause the Trust's custodian to (or reservingprovide) timely information to the Sub-adviser regarding such matters as the composition of assets in the Funds, cash requirements and cash available for investment in the Funds, and all other information as may be reasonably necessary for the payment to) all creditorsSub-adviser to perform its responsibilities hereunder.

b.       The Investment Adviser has furnished the Sub-adviser in advance of the Portfolio,date of this Agreement a copy of the prospectus and dischargingstatement of additional information of the Funds and agrees during the continuance of this Agreement to furnish the Sub-adviser copies of any revisions or making reasonable provisionsupplements thereto at, or, if practicable, before the time the revisions or supplements become effective. The Investment Adviser agrees to furnish the Sub-adviser with copies of any financial statements or reports made by the Funds to its shareholders, and any further materials or information which the Sub-adviser may reasonably request to enable it to perform its functions under this Agreement.

5.       Brokerage Transactions. Subject to the provisions of this Section 5 and the Trading Annex as agreed between the Investment Adviser and the Sub-adviser, and absent instructions to the contrary from the Investment Adviser or the Trust, the Sub-adviser will have full discretionary authority to place orders for the Portfolio's liabilities.

4.  Noticepurchase and sale of securities and investments for the account of the Funds with such brokers, dealers or futures commission merchants as it may select. In the selection of brokers, dealers or futures commission merchants and the placing of orders for the purchase and sale of portfolio investments for the Funds, the Sub-adviser shall seek to Shareholders. Onobtain for the Funds the most favorable price and execution available, considering all factors the Sub-adviser deems relevant, including the receipt of research or execution services. In compliance with Section 28(e) of the U.S. Securities Exchange Act of 1934, as soon as practicable afteramended, the Effective Date,Sub-adviser may cause the Trust shall provide noticeFund to pay a commission for effecting a transaction for the Fund in excess of the amount another broker or dealer would have charged for effecting that transaction. This may be done where the Sub-adviser has determined in good faith that the commission is reasonable in relation to the Portfolio's shareholders and other appropriate parties that: (a) this Plan has been approvedvalue of the services provided by the Board of Trustees; and (b)broker-dealer to the Portfolio will be liquidating its assets and redeeming its shares.

5.  Restriction on Sale of Shares. Shares ofSub-adviser. It is understood that the Portfolio are no longer available for purchase. Any redemptions requested between the Effective Date and Liquidation Dateservices provided by such brokers may be madeuseful to the Sub-adviser in accordanceconnection with its services to other clients.

On occasions when the procedures provided inSub-adviser deems the Portfolio's Registration Statement.

6.  Liquidationpurchase or sale of Assets. Ona security or about the Liquidation Date, all of the Portfolio's assets shall have been converted into cash, cash equivalents or other liquid assets. In the alternative, if determinedinvestment to be in the best interests of the Portfolio,Funds as well as other clients of the Sub-adviser, the Sub-adviser, to the

extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate or bunch the securities to be sold or purchased and/or execute single or bunched orders as “block” transactions, and where applicable, to allocate such bunched or block orders among accounts following execution. In such event, allocation of securities so sold or purchased, as well as the expenses incurred in the transaction, will be made by the Sub-adviser in the manner the Sub-adviser considers to be the most equitable and consistent with its fiduciary obligations to the Funds and to such other clients. The Investment Adviser hereby acknowledges that aggregated or “block” transactions may be subject to different trading or regulatory treatment than those applicable to “non-block” transactions.

In connection with purchases or sales of portfolio securities for the account of the Funds, neither the Sub-adviser nor any of its affiliated persons, will act as a principal or agent or receive directly or indirectly any compensation in connection with the purchase or sale of investment securities by the Funds, except as permitted by applicable law.

The Sub-adviser will advise the Funds’ custodian and the Investment Adviser, as applicable, as soon as reasonably practicable of each purchase and sale of a portfolio security on behalf of the Fund in such format as agreed between the Investment Adviser and Sub-adviser, specifying the name of the issuer, the description and amount or number of shares of the security to be purchased or sold, the market price, commission and gross or net price, trade date, settlement date and identity of the effecting broker or dealer, and such other information as may be reasonably required.

6.       Standard of Care and Liability of Sub-adviser. The Sub-adviser will not be liable for any loss sustained by reason of the adoption of any investment, including the purchase, sale, or retention of any security by the Sub-adviser, whether or not such purchase, sale or retention shall have been based upon its own investigation and research or upon investigation and research made by any other individual, firm or corporation, if such recommendation shall have been made and/or such other individual, firm, or corporation shall have been selected, in good faith; but nothing herein contained will be construed to protect the Sub-adviser against any liability to the Investment Adviser, , and the Sub-adviser shall indemnify the Investment Adviser, against all loss, damage, judgments, fines, amounts paid in settlement and attorneys fees incurred by the Investment Adviser by reason of the Sub-adviser’s willful misfeasance, bad faith or gross negligence in the performance of its duties hereunder or its reckless disregard of its obligations and duties under this Agreement. The Sub-adviser shall not be held responsible or liable for any services performed (or failure to provide services) by any other sub-adviser providing services to the Investment Adviser and/or the Funds.

The Investment Adviser shall indemnify and hold harmless the Sub-adviser and its affiliated persons (the “Sub-adviser Indemnified Parties”) to the fullest extent permitted by law against any and all loss, damage, judgments, fines, amounts paid in settlement and attorneys fees incurred by the Sub-adviser Indemnified Parties to the extent resulting, in whole or in part, from (i) any untrue statement of a material fact (or any omission of a material fact required to be stated necessary to make such disclosure not misleading) contained in each Fund’s registration statement or other Funds disclosure documents (including marketing collateral), which statement was not provided in writing by Sub-adviser expressly for inclusion in such documents, or (ii) except to the extent of the Sub-adviser’s willful misfeasance, bad faith or gross negligence in the performance of its duties hereunder or its reckless disregard of its obligations and duties under this Agreement.

Neither the Investment Adviser nor the Sub-adviser shall be obligated to make any indemnification payment in respect of any settlement as to which it has not been notified and consented, such consent not to be unreasonably withheld.

This Section 6 shall survive the termination of this Agreement.

7.       Term and Termination. This Agreement shall remain in force for two (2) years from the date of execution and from year to year thereafter through December 31 of each calendar year, but only so long as such continuance, and the continuance of the Investment Adviser as investment adviser of the Funds and Sub-adviser as sub-adviser of the Funds, is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Sub-adviser or the Investment Adviser of the Funds, cast at a meeting called for the purpose of voting on such approval and by a vote of the Board of Trustees or the officersof a majority of the Trust may elect not to liquidateoutstanding voting securities of the Portfolio's assets, and instead to distribute such assets in-kind to shareholdersFunds. The aforesaid requirement that continuance of this Agreement be "specifically approved at least annually" shall be construed in a manner consistent with applicable statutesthe 1940 Act and the rules and regulations which shall constitute a "liquidating distribution" under Section 8 of this Plan.

7.  Payment of Debts. As soon as practicable after the Effective Date (and subjectthereunder. This Agreement may, upon 60 days' written notice to the provisionsSub-adviser, be terminated at any time without the payment of Section 12 of this Plan)any penalty, (a) by the Portfolio shall determine and pay, or set aside in cash or cash equivalents, the amount of the Portfolio's known or reasonably ascertainable liabilities incurred, or expected to be incurred, prior to the date of the liquidating distribution provided for in Section 8 of this Plan.

8.  Liquidating Distribution. On or as soon as practicable following the Liquidation Date, the Portfolio shall mail or otherwise deliver to each shareholder of record on the Liquidation Date in redemption of such shareholder's shares of the Portfolio a liquidating distribution (or distributions, if more than one distribution shall be necessary) equal to the shareholder's proportionate interest in the Portfolio's net assets. On or as soon as practicable following the Liquidation Date, the Portfolio

shall mail or otherwise deliver to each of its shareholders of record on the Liquidation Date information concerning the sources (for tax purposes) of the liquidating distribution(s). Upon the mailing of the liquidating distribution(s) to each shareholder of record on the Liquidation Date, the Portfolio's outstanding shares shall all be deemed cancelled.

If the Portfolio is unable to make distributions to all shareholders of the Portfolio because of an inability to locate the shareholders to whom distributions are payable,Funds, by the Board of Trustees or by vote of a majority of the outstanding voting securities of the Funds, or (b) by the Investment Adviser. This Agreement may, create,upon 60 days written notice to the Trust and the Investment Adviser, be terminated at any time, without payment of any penalty, by the Sub-adviser. This Agreement shall automatically terminate in the nameevent of and on behalf of the Portfolio, oneits assignment or more trusts with a financial institution and, subject to applicable abandoned property laws, deposit in such trust(s) any of the Portfolio's remaining assets due to such shareholders for the benefit of such shareholders. The expenses of such trust(s) shall be charged against the assets therein.

9.  Receipt of Cash or Other Distributions After the Liquidation Date. Following the Liquidation Date, if the Portfolio receives any form of cash or is entitled to any other distributions that it had not recorded on its books on or before the Liquidation Date, except as otherwise described below, such cash or other distribution will be disbursed in the following manner:event that the Investment Adviser’s investment advisory agreement with the Funds is terminated.

a.  The Trust will determine

8.       Interpretation of Terms; Captions. In interpreting the shareholders of record of the Portfolio as of the Effective Date.

b.  The Trust will then identify the shareholders of record as of the Effective Date who would be entitled to a pro rata share of the cash or distribution received by the Portfolio (net of all expenses associated with effecting the disposition of such cash or distribution).

c.  The Trust will then be responsible for disbursing to each such shareholder of record, identified in accordance with paragraph 9.b above, their pro rata portion of the cash.

d.  If there are no shareholders entitled to receive such proceeds, or if the amount of the proceeds that would be received by a shareholder would be de minimis, then any cash or distribution will be distributed proportionately among the remaining series of the Trust based on the relative net assets of such series.

10.  Satisfaction of Federal Income and Excise Tax Distribution Requirements. If necessary, the Portfolio shall, prior to the Liquidation Date, have declared and paid a dividend or dividends which, together with all previous such dividends, shall have the effect of distributing to the Portfolio's shareholders all of the Portfolio's investment company taxable income for the taxable years ending at or prior to the Liquidation Date (computed without regard to any deduction for dividends paid), and all of the Portfolio's net capital gain, if any, realized in the taxable years ending at or prior to the Liquidation Date (after reduction for any capital loss carry-forward), and undistributed net income from tax-exempt obligations and any additional amounts necessary to avoid any excise tax or income tax for such periods. Such dividends may be paid either prior to or at the same time as the liquidating distribution.

11.  Costs and Expenses. The Portfolio shall continue to bear its own operating expenses, subject to any applicable expense limitation arrangements currently in place. The Portfolio's investment adviser shall bear all special costs (such as legal and audit costs) that are the result of the liquidation, excluding the brokerage and other transaction costs and expenses associated with liquidating the Portfolio's portfolio securities.

12. Delegation of Authority to the Trust's Officers. The Trust's officers shall have authority to perform or authorize any actions provided for in this Plan, and any further actions as they may consider necessary or desirable to carry out the purposesprovisions of this Plan, includingAgreement, the execution and filing of all certificates, documents, information returns, tax returns and other papers which may be necessary or appropriate to implement this Plan, or which may be required by the provisionsdefinitions contained in Section 2(a) of the 1940 Act (including specifically the Code, the lawsdefinitions of "interested person," "affiliated person," "assignment," "control" and "vote of a majority of the Stateoutstanding voting securities"), shall be applied, subject to such exemptions as may be granted by the Securities and Exchange Commission by any rule, regulation or order. Captions used herein are for reference only and shall not limit or otherwise affect the meaning of Delaware, or any other applicable law or regulation.provision of this Agreement.

9.       Registration Statement Information Concerning Sub-adviser. The officersSub-adviser agrees to review each Fund’s Prospectus and Statement of Additional Information at the request of the Trust, collectively or individually, may modify or extend any of the dates specified in this Plan for the taking of any actionInvestment Adviser in connection with the implementationTrust’s annual update to its Registration Statement on Form N-1A, or at such other times the Investment Adviser may reasonably request to ensure that the description of the Sub-adviser and the investment policies and strategies followed by the Sub-adviser in managing the Funds are accurate in all material respects.

10.     Other Representations and Agreements.

(i)       Each of the parties hereto represents that the Agreement has been duly authorized, executed and delivered by all required corporate action.

(ii)      Each of the Sub-adviser and the Investment Adviser represents and warrants that it is an investment adviser duly registered with the Securities and Exchange Commission under the Advisers Act and a duly registered investment adviser in all jurisdictions in which it is required to be so registered, and will continue to be so registered for so long as this Agreement remains in effect.

(iii)     The Sub-adviser represents that it has adopted and implemented and shall maintain written policies and procedures with respect to its services pursuant to this Agreement that are reasonably designed to prevent violation of the Federal Securities Laws (as defined in Rule 38a-1 under the 1940 Act) and the Advisers Act and the rules thereunder as required by Rule 206(4)-7 under the Advisers Act.

(iv)     The Sub-adviser represents that it has adopted a written code of ethics that complies with the requirements of Rule 17j-1 under the 1940 Act and Rule 204A-1 under the Advisers Act, which it has provided to the Trust. The Sub-adviser represents that it has policies and procedures regarding the detection and prevention and the misuse of material, nonpublic information, whether concerning the Funds or otherwise, by the Sub-adviser and its employees.

(v)     The Sub-adviser agrees to maintain for the term of this Plan (including,Agreement a blanket bond and professional liability (error and omissions) insurance in an amount reasonably acceptable to the Investment Adviser and the Board.

(vi)     The Sub-adviser agrees to notify as soon as reasonably practicable the Investment Adviser and the Trust in writing (subject to applicable law, attorney-client privilege and confidentiality restrictions, solely as it relates to the services provided hereunder with respect to the Fund) of the occurrence of any event which would have a material impact on the performance of its duties under this Agreement, including but not limited to: (a) the occurrence of any event that would disqualify the Sub-adviser from serving as an investment adviser pursuant to Section 9 of the 1940 Act; (b) any material change to the Effective DateSub-adviser’s business activities that would have a material impact on the performance of its duties under this Agreement; (c) any event that would constitute a change of control of the Sub-adviser; (d)  any change in the portfolio manager or portfolio management team; (f) the existence of any pending or audit, investigation, examination, complaint or other inquiry (other than routine audits or regulatory examinations or inspections) relating to the Sub-adviser’s services to the Funds; and (g) any material violation of the Liquidation Date) if such officer(s) determine,Sub-adviser’s code of ethics.

(viii)   Each of the parties to this Agreement agrees to cooperate with each other party to the advice of Trust counsel, that such modificationextent permitted by applicable laws, regulations or extension is necessary or appropriateorders in connection with any investigation or inquiry relating to this Agreement or the orderly liquidationTrust.

11.     Confidentiality. The Investment Adviser and Sub-adviser shall keep confidential any information obtained in connection with its duties hereunder and disclose such information only if the Trust has authorized such disclosure or if such disclosure is expressly required or requested by applicable federal or state regulatory authorities, or otherwise required by law, in which case the disclosing party will inform the non-disclosing party of such request and/or requirement as soon as practicable.

12.     Use of Name. Neither the PortfolioFunds nor the Investment Adviser may use the Sub-adviser’s name in advertising, promotional or to protect the interests of the shareholders of the Portfolio.

13.  Amendment or Abandonment of Plan. The Board of Trustees shall have the authority to authorize variations from or amendmentsother material related to the provisionsFunds without prior review and written approval by the Sub-adviser, which approval may not be unreasonably withheld. Upon termination of this Plan as may be necessary or appropriate to effectAgreement, the liquidation of the Portfolio,Fund and the distribution of the Portfolio's net assetsInvestment Adviser shall forthwith cease to its shareholdersuse such names.

13.       Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the Statestate of Delaware,New York, except to the extent in conflict with U.S. federal law, in which event U.S. federal law will control.

14.     Entire Agreement; Amendments. This Agreement states the entire agreement of the parties hereto, and is intended to be the complete and exclusive statement of the terms hereof. It may not be added to or changed orally, and may not be modified or rescinded except by a writing signed by the parties hereto and in accordance with the 1940 Act or pursuant to applicable orders or interpretations of the Code,Securities and Exchange Commission.

15.     Severability. Any term or provision of this Agreement which is invalid or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the Declarationextent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms or provisions of this Agreement or affecting the validity or enforceability of any of the terms or provisions of this Agreement in any other jurisdiction.

16.     Independent Contractor. In the performance of the Sub-adviser's duties hereunder, the Sub-adviser is and shall be an independent contractor and except as otherwise expressly provided herein or otherwise authorized in writing, shall have no authority to act for or represent the Trust, the Funds or the Investment Adviser in any way or otherwise be deemed to be an agent of the Trust, the Funds or the Investment Adviser.

17.     No Third-Party Beneficiaries. The sole parties to this Agreement are the Investment Adviser, the Trust and the By-Laws, ifSub-adviser and the Investment Adviser and the Trust are the sole beneficiaries of the Sub-adviser’s services hereunder. The parties to this Agreement do not intend for this Agreement to benefit any third party, including without limitation a record owner or beneficial owner of the shares of the Trust and/or a Fund, that is not expressly identified as a party to this Agreement. The terms of this Agreement may be enforced solely by a party to this Agreement.

18.     Notices. Any notice under this Agreement shall be delivered or mailed to the addresses set forth below, or such other address as any party may specify in writing to the others:

If to the Trust or Funds:

Forethought Variable Insurance Trust

10 West Market Street, Suite 2300

Indianapolis, IN 46204

Attn: General Counsel

If to the Investment Adviser:

Forethought Investment Advisors, LLC

10 West Market Street, Suite 2300

Indianapolis, IN 46204

Attn: President

If to the Sub-adviser:

BlackRock Investment Management LLC

1 University Square Drive

Princeton, New Jersey 08540

Attention: Rachel Ricci, email:blk-sa-serviceteam@blackrock.com.

If delivered, such notices shall be deemed given upon receipt by the other party or parties. If mailed, such notices shall be deemed given seven (7) days after being mailed.

19.       Limitation of Liability. It is understood and expressly stipulated that neither the holders of shares of the Funds nor the Trustees shall be personally liable hereunder. All persons dealing with the Funds must look solely to the property of the Funds for the enforcement of any claims against the Funds.

20.       Execution in Counterparts. This Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

21.       1940 Act References. References to the requirements of the 1940 Act herein should be interpreted as now in effect or as hereafter amended and subject to such orders or no-action letters as may be granted by the Securities and Commission or its staff.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the day and year first written above.

SCHEDULE A

List of Portfolios

Forethought Variable Insurance Trust On Behalf of:

Global Atlantic BlackRock Allocation Portfolio

Global Atlantic BlackRock Disciplined International Core Portfolio

Global Atlantic BlackRock Disciplined Growth Portfolio

Global Atlantic BlackRock Disciplined Value Portfolio

Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio

Global Atlantic BlackRock Disciplined Small Cap Portfolio

Global Atlantic BlackRock Disciplined Core Portfolio

Global Atlantic BlackRock Disciplined U.S. Core Portfolio

Global Atlantic BlackRock High Yield Portfolio

SCHEDULE B

Fees paid to the Sub-Adviser

The annual subadvisory fee is expressed as a percent of the average daily net asset of each Portfolio as follows:

Global Atlantic BlackRock Allocation Portfolio

Global Atlantic BlackRock Disciplined Core Portfolio

Global Atlantic BlackRock Disciplined Growth Portfolio

Global Atlantic BlackRock Disciplined International Core Portfolio

Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio

Global Atlantic BlackRock Disciplined Small Cap Portfolio

Global Atlantic BlackRock Disciplined U.S. Core Portfolio