Common use of Liability and Warranties Clause in Contracts

Liability and Warranties. While the Custodian will take reasonable precautions to ensure that information provided is accurate the Custodian shall have no liability with respect to information provided to it by third parties. Due to the nature and source of information, and the necessity of relying on various information sources, most of which are external to the Custodian, the Custodian shall have no liability for direct or indirect use of such information. The Custodian makes no other warranty or representation, either express or implied, as to the merchantability or fitness for any particular purpose of the information provided under this Appendix D Acknowledged: ---------------------------- --------------------------- JNL Variable Fund LLC Boston Safe Deposit and Trust Company JNL Variable Fund III LLC JNL Variable Fund V LLC APPENDIX E LIST OF SERIES JNL VARIABLE FUND LLC Series: JNL/First Trust The Dow(SM) Target 5 Series JNL/First Trust The Dow(SM) Target 10 Series JNL/First Trust The S&P(R) Target 10 Series JNL/First Trust Global Target 15 Series JNL/First Trust Target 25 Series JNL/First Trust Target Small-Cap Series JNL/First Trust Technology Sector Series JNL/First Trust Pharmaceutical/Healthcare Sector Series JNL/First Trust Financial Sector Series JNL/First Trust Energy Sector Series JNL/First Trust Leading Brands Sector Series JNL/First Trust Communications Sector Series JNL VARIABLE FUND III LLC Series JNL/First Trust The Dow(SM) Target 10 Series JNL VARIABLE FUND V LLC Series JNL/First Trust The Dow(SM) Target 10 Series

Liability and Warranties. While the Custodian will take reasonable precautions to ensure that information provided is accurate the Custodian shall have no liability with respect to information provided to it by third parties. Due to the nature and source of information, and the necessity of relying on various information sources, most of which are external to the Custodian, the Custodian shall have no liability for direct or indirect use of such information. The Custodian makes no other warranty or representation, either express or implied, as to the merchantability or fitness for any particular purpose of the information provided under this Appendix D Acknowledged: ---------------------------- --------------------------- /s/ Xxxxxx X. Xxxxxxx JNL Variable Fund LLC Series Trust Boston Safe Deposit and Trust Company S:\LEGAL\xxxxx (SSR, JSK)\Xxxxx Files\JNL Investors Series Trust\PEA No. 1 9-05\Custody Agmts\Custody Agreement5-01.htm JNL Variable Fund III LLC JNL Variable Fund V LLC Investors Series Trust APPENDIX E LIST OF SERIES JNL VARIABLE FUND LLC SeriesSERIES TRUST JNL INVESTORS SERIES TRUST Funds: Funds: JNL/First Trust The Dow(SM) Target 5 X.X. Xxxxxx Enhanced S&P 500 JNL Money Market Fund Stock Index Series JNL / Janus Aggressive Growth Series JNL / Janus Capital Growth Series JNL / Janus Global Equities Series JNL/First Trust The Dow(SM) Target 10 Xxxxx Growth Series JNL/First Trust The S&P(R) Target 10 Eagle Core Equity Series JNL/First Trust Global Target 15 Eagle SmallCap Equity Series JNL/First Trust Target 25 Xxxxxx Growth Series JNL/First Trust Target Small-Cap Xxxxxx Value Equity Series PPM America/JNL Balanced Series PPM America/JNL High Yield Series PPM America/ JNL Money Market Series Salomon Brothers/JNL Balanced Series Salomon Brothers/JNL High Yield Bond Series Salomon Brothers/JNL Global Bond Series Salomon Brothers/JNL U.S. Government & Quality Bond Series T Xxxx Price/ JNL Established Growth Series JNL/First Trust Technology Sector Xxxxxx International Equity Series T Xxxx Price/ JNL Mid-Cap Growth Series JNL/ Alliance Growth Series JNL/First Trust Pharmaceutical/Healthcare Sector X.X. Xxxxxx International & Emerging Market Series JNL/First Trust Financial Sector PIMCO Total Return Bond Series JNL/First Trust Energy Sector Janus Growth & Income Series Lazard/ JNL Small Cap Value Series Lazard/ JNL Mid Cap Value Series JNL/First Trust Leading Brands Sector Xxxxxx Xxxxxx Growth Series X.Xxxx Price/JNL Value Series JNL/First Trust Communications Sector Series JNL VARIABLE FUND III LLC Janus Balanced Series JNL/First Trust The Dow(SM) Target 10 Series JNL VARIABLE FUND V LLC Xxxxxxxxxxx Global Growth Series JNL/First Trust The Dow(SM) Target 10 SeriesXxxxxxxxxxx Growth Series S:\LEGAL\xxxxx (SSR, JSK)\Xxxxx Files\JNL Investors Series Trust\PEA No. 1 9-05\Custody Agmts\Custody Agreement5-01.htm

Liability and Warranties. While the Custodian will take reasonable precautions to ensure that information provided is accurate the Custodian shall have no liability with respect to information provided to it by third parties. Due to the nature and source of information, and the necessity of relying on various information sources, most of which are external to the Custodian, the Custodian shall have no liability for direct or indirect use of such information. The Custodian makes no other warranty or representation, either express or implied, as to the merchantability or fitness for any particular purpose of the information provided under this Appendix D Acknowledged: /s/ Susan Rhee /s/ Stephen Stranahan ---------------------------- --------------------------- ------------------------------ JNL Variable Fund LLC Boston Safe Deposit and Trust Company JNL Variable Fund III LLC JNL Variable Fund V LLC JNLNY Variable Fund I LLC APPENDIX E LIST OF SERIES (as of December 31, 2001) JNL VARIABLE FUND LLC Series: JNL/First Trust The Dow(SM) Target 5 Series JNL/First Trust The Dow(SM) Target 10 Series JNL/First Trust The S&P(R) Target 10 Series JNL/First Trust Global Target 15 Series JNL/First Trust Target 25 Series JNL/First Trust Target Small-Cap Series JNL/First Trust Technology Sector Series JNL/First Trust Pharmaceutical/Healthcare Sector Series JNL/First Trust Financial Sector Series JNL/First Trust Energy Sector Series JNL/First Trust Leading Brands Sector Series JNL/First Trust Communications Sector Series JNL VARIABLE FUND III LLC Series JNL/First Trust The Dow(SM) Target 10 Series JNL VARIABLE FUND V LLC Series JNL/First Trust The Dow(SM) Target 10 Series JNLNY VARIABLE FUND I LLC Series JNL/First Trust The Dow (SM) Target 10 Series

Liability and Warranties. While the Custodian will take reasonable precautions to ensure that information provided is accurate the Custodian shall have no liability with respect to information provided to it by third parties. Due to the nature and source of information, and the necessity of relying on various information sources, most of which are external to the Custodian, the Custodian shall have no liability for direct or indirect use of such information. The Custodian makes no other warranty or representation, either express or implied, as to the merchantability or fitness for any particular purpose of the information provided under this Appendix D Acknowledged: ---------------------------- --------------------------- ------------------------------ JNL Variable Fund LLC Boston Safe Deposit and Trust Company JNL Variable Fund III LLC JNL Variable Fund V LLC JNLNY Variable Fund I LLC APPENDIX E LIST OF SERIES (as of December __, 2001) JNL VARIABLE FUND LLC Series: JNL/First Trust The Dow(SM) Target 5 Series JNL/First Trust The Dow(SM) Target 10 Series JNL/First Trust The S&P(R) Target 10 Series JNL/First Trust Global Target 15 Series JNL/First Trust Target 25 Series JNL/First Trust Target Small-Cap Series JNL/First Trust Technology Sector Series JNL/First Trust Pharmaceutical/Healthcare Sector Series JNL/First Trust Financial Sector Series JNL/First Trust Energy Sector Series JNL/First Trust Leading Brands Sector Series JNL/First Trust Communications Sector Series JNL VARIABLE FUND III LLC Series JNL/First Trust The Dow(SM) Target 10 Series JNL VARIABLE FUND V LLC Series JNL/First Trust The Dow(SM) Target 10 Series JNLNY VARIABLE FUND I LLC Series JNL/First Trust The Dow (SM) Target 10 Series

Liability and Warranties. While the Custodian will take reasonable precautions to ensure that information provided is accurate the Custodian shall have no liability with respect to information provided to it by third parties. Due to the nature and source of information, and the necessity of relying on various information sources, most of which are external to the Custodian, the Custodian shall have no liability for direct or indirect use of such information. The Custodian makes no other warranty or representation, either express or implied, as to the merchantability or fitness for any particular purpose of the information provided under this Appendix D Acknowledged: ---------------------------- --------------------------- JNL Variable Fund LLC Series Trust Boston Safe Deposit and Trust Company JNL Variable Fund III LLC JNL Variable Fund V LLC Investors Series Trust APPENDIX E LIST OF SERIES JNL VARIABLE FUND LLC SeriesSERIES TRUST JNL INVESTORS SERIES TRUST Funds: Funds: ------ ------ JNL/First Trust The Dow(SM) Target 5 J.P. Morgan Enhanced S&P 500 JNL Money Markex Xxxx Stock Index Series JNL/First Trust The Dow(SM) Target 10 Janus Aggressive Growth Series JNL/First Trust The S&P(R) Target 10 Janus Capital Growth Series JNL/First Trust Janus Global Target 15 Equities Series JNL/First Trust Target 25 Alger Growth Series JNL/First Trust Target Small-Cap Eagle Core Equity Series JNL/First Trust Technology Sector Eagle SmallXxx Xquity Series JNL/First Trust Pharmaceutical/Healthcare Sector Putnam Growth Series JNL/First Trust Financial Sector Putnam Value Equity Series PPM America/XXX Xxlanced Series PPM Axxxxxx/JNL High Yield Series PPM America/JNL Money Market Series Salomon Brothers/JNL Balanced Series Salomon Brothers/JNL High Yield Bond Series Salomon Brothers/JNL Global Bond Series Salomon Brothers/JNL U.S. Government & Quality Bond Series T Rowe Price/JNL Established Growth Series JNL/First Trust Energy Sector Putnam Internationax Xxuity Series T Rowe Price/JNL Mid-Cap Growxx Xxxies JNL/Alliance Growth Series XXX/J.P. Morgan International & Emerging Market Series JNL/First Trust Leading Brands Sector PIMCO Totxx Xxxxxx Xond Series JNL/First Trust Communications Sector Janus Growth & Income Series Lazard/JNL VARIABLE FUND III LLC Small Cap Value Series Lazard/JNL Mid Cap Value Series JNL/First Trust The Dow(SM) Target 10 Putnam Midcap Growth Series T.Rowe Price/JNL VARIABLE FUND V LLC Value Series JNL/First Trust The Dow(SM) Target 10 Jaxxx Xxlxxxxx Series JNL/Oppexxxxxxr Global Growth Series JNL/Oppenheimer Growth Series