Exhibit (h)(7)

AMENDMENT NO. 2

TO ADMINISTRATIVE SERVICES AGREEMENT

(Thrivent Series Fund, Inc.)

Thrivent Financial for Lutherans (“TFL”) and Thrivent Series Fund, Inc. (the “Corporation”) hereby agree that, effective January 1, 2015, the first sentence of Item 3 of the Administrative Services Agreement, dated January 1, 2009 between TFL and the Corporation, is amended to read as follows:

For receiving Services under this Agreement, whether such Services are provided by TFL, its affiliates or other vendors, the Corporation will pay TFL an annual fee (the “Fee”) equal to (a) 0.018 percent (0.018%) of each Fund’s average annual daily net assets (the “Variable Portion”), plus (b) a fixed fee of $80,000 per Fund.

THRIVENT SERIES FUND, INC.
By	/s/ David S. Royal
	David S. Royal
	President
THRIVENT FINANCIAL FOR LUTHERANS
By	/s/ Russell W. Swansen
	Russell W. Swansen
	Senior Vice President and Chief Investment Officer