EX-99.23h(19)
AMENDMENT
TO
ADMINISTRATION AGREEMENT
BETWEEN
JNL SERIES TRUST
AND
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company ("Administrator"), and JNL SERIES
TRUST, a Massachusetts business trust ("Trust").
WHEREAS, the Administrator and the Trust entered into an Administration
Agreement dated as of January 31, 2001 ("Agreement"), whereby the Administrator
agreed to provide certain administrative services to the investment portfolios
of the JNL Series Trust; and
WHEREAS, pursuant to the Agreement, each Fund agreed to pay the
Administrator for the services provided and the expenses assumed by each Fund as
set forth in Schedule B to the Agreement, and the Administrator agreed to accept
such fee as full compensation under the Agreement for such services and
expenses; and
WHEREAS, in order to reflect a change in sub-adviser, for the following
Funds: JNL/Curian Enhanced S&P 500 Stock Index Fund, JNL/Curian S&P 500 Index
Fund, JNL/Curian S&P 400 MidCap Index Fund, and JNL/Curian Small Cap Index Fund,
the names of certain Funds have been changed; and
WHEREAS, the administration fees for the Funds will be amended.
NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby agree to amend the Agreement as follows:
1. Schedule A to the Agreement is hereby deleted and replaced in its entirety
with Schedule A dated February 18, 2004, attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its entirety
with Schedule B dated February 18, 2004, attached hereto.
3. This Amendment may be executed in two or more counterparts which together
shall constitute one document.
IN WITNESS WHEREOF, the Administrator and the Trust have caused this
Amendment to be executed as of this 18th day of February 2004.
XXXXXXX NATIONAL ASSET JNL SERIES TRUST
MANAGEMENT, LLC
By: /s/ Xxxx X. Xxxxx By: /s/ Xxxxxx X. Xxxxxx
----------------------------- ----------------------------------
Name: XXXX X. XXXXX Name: XXXXXX X. XXXXXX
-------------------------- -----------------------------
Title: CHIEF FINANCIAL OFFICER Title: PRESIDENT
-------------------------- -------------------------------
SCHEDULE A
DATED FEBRUARY 18, 2004
JNL/AIM Large Cap Growth Fund
JNL/AIM Premier Equity II Fund
JNL/AIM Small Cap Growth Fund
JNL/Xxxxx Growth Fund
JNL/Alliance Capital Growth Fund
JNL/Eagle Core Equity Fund
JNL/Eagle SmallCap Equity Fund
JNL/JPMorgan International Value Fund
JNL/Janus Aggressive Growth Fund
JNL/Janus Balanced Fund
JNL/Janus Capital Growth Fund
JNL/Janus Global Equities Fund
JNL/Janus Growth & Income Fund
JNL/Lazard Small Cap Value Fund
JNL/Lazard Mid Cap Value Fund
JNL/Mellon Capital Management Enhanced S&P 500 Stock Index Fund
JNL/Mellon Capital Management S&P 500 Index Fund
JNL/Mellon Capital Management S&P 400 MidCap Index Fund
JNL/Mellon Capital Management Small Cap Index Fund
JNL/Mellon Capital Management International Index Fund
JNL/Mellon Capital Management Bond Index Fund
JNL/Oppenheimer Global Growth Fund
JNL/Oppenheimer Growth Fund
JNL/PIMCO Total Return Bond Fund
JNL/PPM America Balanced Fund
JNL/PPM America High Yield Bond Fund
JNL/PPM America Money Market Fund
JNL/PPM America Value Fund
JNL/Xxxxxx Equity Fund
JNL/Xxxxxx International Equity Xxxx
XXX/Xxxxxx Xxxxxx Xxxxxx Xxxx
XXX/Xxxxxx Value Equity Fund
JNL/S&P Conservative Growth Fund I
JNL/S&P Moderate Growth Fund I
JNL/S&P Aggressive Growth Fund I
JNL/S&P Very Aggressive Growth Fund I
JNL/S&P Equity Growth Fund I
JNL/S&P Equity Aggressive Growth Fund I
JNL/S&P Conservative Growth Fund II
JNL/S&P Moderate Growth Fund II
JNL/S&P Aggressive Growth Fund II
JNL/S&P Very Aggressive Growth Fund II
JNL/S&P Equity Growth Fund II
JNL/S&P Equity Aggressive Growth Fund II
JNL/S&P Aggressive Growth Fund
JNL/S&P Conservative Growth Fund
JNL/S&P Moderate Growth Fund
JNL/S&P Core Index 100 Fund
JNL/S&P Core Index 75 Fund
JNL/S&P Core Index 50 Fund
JNL/Salomon Brothers Balanced Fund
JNL/Salomon Brothers Strategic Bond Fund
JNL/Salomon Brothers High Yield Bond Fund
JNL/Salomon Brothers U.S. Government & Quality Bond Fund
JNL/X. Xxxx Price Established Growth Fund
JNL/X. Xxxx Price Mid-Cap Growth Fund
JNL/X. Xxxx Price Value Fund
SCHEDULE B
DATED FEBRUARY 18, 2004
Class A & B Shares
FUNDS FEE
----- ---
JNL/AIM Large Cap Growth Fund .10%
JNL/AIM Premier Equity II Fund .10%
JNL/AIM Small Cap Growth Fund .10%
JNL/Xxxxx Growth Fund .10%
JNL/Alliance Capital Growth Fund .10%
JNL/Eagle Core Equity Fund .10%
JNL/Eagle SmallCap Equity Fund .10%
JNL/JPMorgan International Value Fund .15%
JNL/Janus Aggressive Growth Fund .10%
JNL/Janus Balanced Fund .10%
JNL/Janus Capital Growth Fund .10%
JNL/Janus Global Equities Fund .15%
JNL/Janus Growth & Income Fund .10%
JNL/Lazard Small Cap Value Fund .10%
JNL/Lazard Mid Cap Value Fund .10%
JNL/Mellon Capital Management Enhanced S&P 500 Stock Index Fund .10%
JNL/Mellon Capital Management S&P 500 Index Fund .10%
JNL/Mellon Capital Management S&P 400 Mid Cap Index Fund .10%
JNL/Mellon Capital Management Small Cap Index Fund .10%
JNL/Mellon Capital Management International Index Fund .15%
JNL/Mellon Capital Management Bond Index Fund .10%
JNL/Oppenheimer Global Growth Fund .15%
JNL/Oppenheimer Growth Fund .10%
JNL/PIMCO Total Return Bond Fund .10%
JNL/PPM America Balanced Fund .10%
JNL/PPM America High Yield Bond Fund .10%
JNL/PPM America Money Market Fund .10%
JNL/PPM America Value Fund .10%
JNL/Xxxxxx Equity Fund .10%
JNL/Xxxxxx International Equity Fund .15%
JNL/Xxxxxx Xxxxxx Growth Fund .10%
JNL/Xxxxxx Value Equity Fund .10%
JNL/S&P Conservative Growth Fund I .05%
JNL/S&P Moderate Growth Fund I .05%
JNL/S&P Aggressive Growth Fund I .05%
JNL/S&P Very Aggressive Growth Fund I .05%
JNL/S&P Equity Growth Fund I .05%
JNL/S&P Equity Aggressive Growth Fund I .05%
JNL/S&P Conservative Growth Fund II .05%
JNL/S&P Moderate Growth Fund II .05%
JNL/S&P Aggressive Growth Fund II .05%
JNL/S&P Very Aggressive Growth Fund II .05%
JNL/S&P Equity Growth Fund II .05%
JNL/S&P Equity Aggressive Growth Fund II .05%
JNL/S&P Aggressive Growth Fund .05%
JNL/S&P Conservative Growth Fund .05%
JNL/S&P Moderate Growth Fund .05%
JNL/S&P Core Index 100 Fund .05%
JNL/S&P Core Index 50 Fund .05%
JNL/S&P Core Index 75 Fund .05%
JNL/Salomon Brothers Balanced Fund .10%
JNL/Salomon Brothers Strategic Bond Fund .10%
JNL/Salomon Brothers High Yield Bond Fund .10%
JNL/Salomon Brothers U.S. Government & Quality Bond Fund .10%
JNL/X. Xxxx Price Established Growth Fund .10%
JNL/X. Xxxx Price Mid-Cap Growth Fund .10%
JNL/X. Xxxx Price Value Fund .10%
