Exhibit (d)9
Amendment No. 3 to the Investment Management Agreement
between Xxxx Xxxxxxx Variable Series Trust I and
Xxxx Xxxxxxx Life Insurance Company
Reference is made to that certain Investment Management Agreement dated as of
April 15, 1994, by and between Xxxx Xxxxxxx Variable Series Trust I and Xxxx
Xxxxxxx Life Insurance Company (formerly "Xxxx Xxxxxxx Mutual Life Insurance
Company"), as amended (the "Agreement").
The parties agree to amend the Agreement as follows:
3. The phrases "Xxxx Xxxxxxx Mutual Life Insurance Company" and "JHMLICO"
are deleted wherever shown and the phrases "Xxxx Xxxxxxx Life Insurance
Company" and "JHLICO" are respectively inserted in their place.
4. Subsections (a), and (b) of Section 5 of the Agreement, entitled
"Investment Advisory Fee and Expense Limitation," are hereby deleted
and the following inserted in their place:
(a) For the Short-Term Bond Portfolio (formerly "Short Term U.S.
Bond"):
(i) 0.60% on an annual basis of the Current Net Assets of
such Portfolio.
(b) For the Small/Mid Cap Growth Portfolio (formerly "Mid Cap
Growth"):
(i) 1.00% on an annual basis of the first $50,000,000 of
the Current Net Assets of such Portfolio; and
(ii) 0.95% on an annual basis for that portion of the
Current Net Assets of such Portfolio in excess of
$50,000,000 and not over $200,000,000; and
(iii) 0.90% on an annual basis for that portion of the
Current Net Assets of such Portfolio in excess of
$200,000,000.
All other terms and provisions of the Agreement shall remain unchanged and in
full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
and to take effect as of October 1, 2001.
ATTEST: XXXX XXXXXXX VARIABLE SERIES TRUST I
/s/ Xxxxxx X. Xxxxxxx By: /s/ Xxxxxxx X. Xxx Xxxx
Title: Chairman and CEO
ATTEST: XXXX XXXXXXX LIFE INSURANCE COMPANY
/s/ Xxxxxx X. Xxxxxxx By: /s/ Xxxxxx X. Xxxxxxx
Title: Senior Vice President
