APPENDIX A
APPENDIX A
METROPOLITAN WEST CAPITAL MANAGEMENT, LLC SUB-ADVISORY AGREEMENT
XXXXX FARGO VARIABLE TRUST
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Xxxxx Fargo Advantage VT Intrinsic Value Fund
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Approved by the Board of Trustees: May 26, 0000
XXXXXXXX X
METROPOLITAN WEST CAPITAL MANAGEMENT, LLC SUB-ADVISORY AGREEMENT
FEE AGREEMENT
XXXXX FARGO VARIABLE TRUST
This fee agreement is effective as of the 6th day of July, 2010, and is amended as of the 1st day of April, 2011, by and between Xxxxx Fargo Variable Trust (the “Trust”), Xxxxx Fargo Funds Management, LLC (the “Adviser”) and Metropolitan West Capital Management, LLC (the “Sub-Adviser”).
WHEREAS, the parties have entered into a Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides management and other services to the series of the Trust listed in Appendix A to the Sub-Advisory Agreement (the “Fund”); and
WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as indicated on this Appendix B;
NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated and paid on a monthly basis by applying the annual rates indicated below to the average daily net assets of the Fund throughout the month:
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Sub-Advisory Fee |
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VT Intrinsic Value Fund
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First 250M Next 2B Over 4.5B |
0.35% 0.325% 0.30% 0.275% 0.25% |
If the Sub-Adviser shall provide management and other services for less than the whole of a month, the foregoing compensation shall be prorated based on the number of days in the month that such Sub-Adviser provided management and other services to the Fund.
The foregoing fee schedule is agreed to as of this 1st day of April, 2011, and shall remain in effect until agreed and changed in writing by the parties.
XXXXX FARGO VARIABLE TRUST
on behalf of the Fund
By:
C. Xxxxx Xxxxxxx
Secretary
XXXXX FARGO FUNDS MANAGEMENT, LLC
By: ___________________________________
Xxxxxx Xxxx
Executive Vice President
METROPOLITAN WEST CAPITAL MANAGEMENT, LLC
By: ___________________________________
Xxxx X. Xxxxxxxx
President
