Exhibit 99.7(b)
Amendment No. 2 to
Underwriting Agreement
Amendment No. 2 dated November 7, 2025 to the Underwriting Agreement dated February 1, 2021 and amended August 19, 2021 (the “Agreement”) made by and between FORETHOUGHT VARIABLE INSURANCE TRUST, a Delaware statutory trust having its principal office and place of business at 10 West Market Street, Suite 2300, Indianapolis, Indiana 46204 (the “Trust”), and GLOBAL ATLANTIC DISTRIBUTORS, LLC, a corporation organized and existing under the laws of the State of Delaware having its principal office and place of business at One Financial Plaza, 755 Main Street, 24th Floor, Hartford Connecticut 06103 (“GAD”). Capitalized terms used herein and not otherwise defined shall have the definition set out in the Agreement.
Effective May 1, 2025, the parties hereby amend and restate Schedule A of the Agreement as attached hereto.
Except as otherwise set forth herein, the terms and conditions of the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the undersigned parties have executed this Agreement to be effective upon the date above.
| Forethought Variable Insurance Trust | ||
| By its authorized officer, | ||
| By: | /s/ Deborah Schunder | |
| Name: | Deborah Schunder | |
| Title: | President | |
| Global Atlantic Distributors, LLC | ||
| By its authorized officer, | ||
| By: | /s/ Jason Bickler | |
| Name: | Jason Bickler | |
| Title: | President | |
UNDERWRITING AGREEMENT
Schedule A
| Portfolio |
| Global Atlantic American Funds® Managed Risk Portfolio |
| Global Atlantic Balanced Managed Risk Portfolio |
| 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 Value Portfolio |
| Global Atlantic BlackRock Selects Managed Risk Portfolio |
| Global Atlantic BlackRock High Yield Portfolio |
| Global Atlantic Franklin Tactical Allocation Managed Risk Portfolio1 |
| Global Atlantic Goldman Sachs Core Fixed Income Portfolio |
| Global Atlantic Moderate Managed Risk Portfolio2 |
| Global Atlantic Moderately Aggressive Managed Risk Portfolio3 |
| Global Atlantic Select Advisor Managed Risk Portfolio |
| Global Atlantic Wellington Research Managed Risk Portfolio |
| 1 | Formerly Global Atlantic Franklin Dividend and Income Managed Risk Portfolio prior to May 1, 2025 |
| 2 | Formerly Global Atlantic Moderate Growth Managed Risk Portfolio prior to May 1, 2025 |
| 3 | Formerly Global Atlantic Growth Managed Risk Portfolio prior to May 1, 2025 |