Exhibit 8(ee)
AGREEMENT
Agreement, dated May 1, 2009, between Janus Capital Management LLC, a
Delaware limited liability company ("JCM"), and Janus Aspen Series, a Delaware
statutory trust (the "Trust").
Pursuant to the Investment Advisory Agreement between JCM and the Trust,
with respect to Modular Portfolio Construction Portfolio, that provides that JCM
may perform certain administrative and clerical functions and shall be
reimbursed for the costs thereof or receive such compensation therefor as may be
agreed upon from time to time, JCM and the Trust agree as follows:
1. JCM shall perform all necessary and appropriate internal accounting,
recordkeeping, and blue sky monitoring and registration functions of the Trust,
including the preparation of reports and returns incidental thereto.
2. The Trust shall reimburse to JCM on a monthly basis the reasonable costs
incurred by JCM in performing the functions described herein, including without
limitation the salaries of JCM personnel performing those functions, applicable
system costs, and other ancillary costs such as costs associated with DTC
confirms and the costs of the pricing feed into such systems.
JANUS CAPITAL MANAGEMENT LLC
By: /s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx, Executive Vice
President and Chief Financial Officer
JANUS ASPEN SERIES
By: /s/ Xxxxxxxxx Xxxxxxxxxx-Xxxxxx
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Xxxxxxxxx Xxxxxxxxxx-Xxxxxx, Vice
President and Secretary
