John Hancock Funds II AMENDMENT TO SUBADVISORY AGREEMENT UBS GLOBAL ASSET MANAGEMENT
Xxxx Xxxxxxx Funds II
AMENDMENT TO SUBADVISORY AGREEMENT
UBS GLOBAL ASSET MANAGEMENT
AMENDMENT made as of this 19th day of December, 2006 to the Subadvisory Agreement
dated October 17, 2005, as amended (the “Agreement”), between Xxxx Xxxxxxx Investment Management
Services, LLC, a Delaware limited liability company (the “Adviser”), and UBS Global Asset
Management (Americas) Inc. (the “Subadviser”). In consideration of the mutual covenants contained
herein, the parties agree as follows:
1. CHANGE IN APPENDIX A
Appendix A of the Agreement relating to compensation of the Subadviser shall be deleted and
replaced by the attached Appendix A.
2. EFFECTIVE DATE
This Amendment shall become effective with on the later to occur of: (i) approval of the
Amendment by the Board of Trustees of Xxxx Xxxxxxx Funds II and (ii) execution of the Amendment.
(THE REMAINDER OF THIS SPACE HAS BEEN INTENTIONALLY LEFT BLANK)
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by
their duly authorized officers as of the date first mentioned above.
XXXX XXXXXXX INVESTMENT MANAGEMENT SERVICES, LLC |
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By: | /s/ Xxxxx X. Xxxxx | |||
Name: | Xxxxx X. Xxxxx | |||
Title: | Executive Vice President | |||
UBS GLOBAL ASSET MANAGEMENT
(AMERICAS) INC. |
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By: | /s/ Xxxx Xxxxxxx | |||
Name: | Xxxx Xxxxxxx | |||
Title: | Managing Director | |||
By: | /s/ Xxxxxxx X. Xxxxxxx | |||
Name: | Xxxxxxx X. Xxxxxxx | |||
Title: | Assistant Secretary | |||
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APPENDIX A
The Subadviser shall serve as investment subadviser for each Portfolio of the Trust listed
below. The Adviser will pay the Subadviser, as full compensation for all services provided under
this Agreement with respect to each Portfolio, the fee computed separately for such Portfolio at an
annual rate as follows (the “Subadviser Fee”):
First | Excess Over | |||
$500 million | $500 million | |||
of Aggregate | of Aggregate | |||
Portfolio | Net Assets* | Net Assets* | ||
Global Allocation Fund
|
[%] | [%] |
Between | Between | |||||||
$250 million | $500 million | |||||||
First | and | and | Excess Over | |||||
$250 million | $500 million | $750 million | $750 million | |||||
of Aggregate | of Aggregate | of Aggregate | of Aggregate | |||||
Portfolio | Net Assets* | Net Assets* | Net Assets* | Net Assets* | ||||
Large Cap Fund
|
[%] | [%] | [%] | [%] |
* | The term Aggregate Net Assets includes the net assets of a Portfolio of the Trust. It also includes with respect to each Portfolio the net assets of one or more other portfolios as indicated below, but in each case only for the period during which the Subadviser for the Portfolio also serves as the subadviser for the other portfolio(s). For purposes of determining Aggregate Net Assets and calculating the Subadviser Fee, the net assets of the Portfolio and each other portfolio of the Trust are determined as of the close of business on the previous business day of the Trust, and the net assets of each portfolio of each other fund are determined as of the close of business on the previous business day of that fund. |
Trust Portfolio(s) | Other Portfolio(s) | |||
Global Allocation Fund
|
— | Global Allocation Trust, a series of Xxxx Xxxxxxx Trust | ||
Large Cap Fund
|
Large Cap Trust, a series of Xxxx Xxxxxxx Trust | |||
Strategic Opportunities Trust, a series of Xxxx Xxxxxxx Trust |
The Subadviser Fee for a Portfolio shall be based on the applicable annual fee rate for the
Portfolio which for each day shall be equal to (i) the sum of the amounts determined by applying
the annual percentage rates in the table to the applicable portions of Aggregate Net Assets divided
by (ii) Aggregate Net Assets (the “Applicable Annual Fee Rate”). The Subadviser Fee for each
Portfolio shall be accrued for each calendar day, and the sum of the daily fee accruals shall be
paid monthly to the Subadviser within 30 calendar days of the end of each month. The daily fee
accruals will be computed by multiplying the fraction of one over the number of
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calendar days in the year by the Applicable Annual Fee Rate, and multiplying this product by
the net assets of the Portfolio. The Adviser shall provide Subadviser with such information as
Subadviser may reasonably request supporting the calculation of the fees paid to it hereunder. Fees
shall be paid either by wire transfer or check, as directed by Subadviser.
If, with respect to any Portfolio, this Agreement becomes effective or terminates, or if the
manner of determining the Applicable Annual Fee Rate changes, before the end of any month, the fee
(if any) for the period from the effective date to the end of such month or from the beginning of
such month to the date of termination or from the beginning of such month to the date such change,
as the case may be, shall be prorated according to the proportion which such period bears to the
full month in which such effectiveness or termination or change occurs.
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