EX-99.23(d)(83)
AMENDMENT
TO
INVESTMENT SUB-ADVISORY AGREEMENT
BETWEEN
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
AND
X. XXXX PRICE ASSOCIATES, INC.
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company and registered investment adviser
("Adviser"), and X. XXXX PRICE ASSOCIATES, INC., a Maryland corporation and
registered investment adviser ("Sub-Adviser").
WHEREAS, the Adviser and Sub-Adviser entered into an Investment
Sub-Advisory Agreement dated as of January 31, 2001 ("Agreement"), whereby
Adviser appointed Sub-Adviser to provide certain sub-investment advisory
services to the investment portfolios of the JNL Series Trust; and
WHEREAS, pursuant to the Agreement, the Adviser agreed to pay the
Sub-Adviser for the services provided and the expenses assumed by the
Sub-Adviser a sub-advisory fee as set forth on Schedule B to the Agreement, and
the Sub-Adviser agreed to accept such sub-advisory fee as full compensation
under the Agreement for such services and expenses; and
NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby agree to amend the Agreement as follows:
1. Schedule B to the Agreement is hereby deleted and replaced in its entirety
with Schedule B dated January 1, 2005, attached hereto.
IN WITNESS WHEREOF, the Adviser and the Sub-Adviser have caused this
Amendment to be executed as of this 1st day of January 2005.
XXXXXXX NATIONAL ASSET X. XXXX PRICE ASSOCIATES, INC.
MANAGEMENT, LLC
By: /s/ Xxxxxx X. Xxxxxxx By: /s/ Xxxxxxx X. Xxxxxx
------------------------------ -------------------------------
Name: XXXXXX X. XXXXXXX Name: Xxxxxxx X. Xxxxxx
-------------------- -----------------------------
Title: PRESIDENT Title: Vice President
--------------------------- ----------------------------
SCHEDULE B
DATED JANUARY 1, 2005
(COMPENSATION)
X. XXXX PRICE ESTABLISHED GROWTH FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 to $250 million 0.40%
$250 to $500 million 0.375%
Amounts over $500 million 0.35%
X. XXXX PRICE/JNL MID-CAP GROWTH FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 to $20 million 0.60%
$20 to $50 million 0.50%
$50 to $200 million 0.50%*
Above $200 million 0.50%*
*WHEN AVERAGE DAILY NET ASSETS EXCEED THIS AMOUNT, THE ANNUAL RATE ASTERISKED IS
APPLICABLE TO ALL THE AMOUNTS IN THE X. XXXX PRICE/JNL MID-CAP GROWTH FUND.
X. XXXX PRICE/JNL VALUE FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 to $250 million 0.40%
$250 to $500 million 0.375%
Amounts over $500 million 0.35%
