Amendment to Amended and Restated Investment Sub-Advisory Agreement Between Jackson National Asset Management, LLC
Amendment
to Amended and Restated
Xxxxxxx National Asset Management, LLC
and Lazard Asset Management LLC
This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (“Adviser”), and Lazard Asset Management LLC, a New York limited liability company and registered investment adviser (“Sub-Adviser”).
Whereas, the Adviser and the Sub-Adviser entered into an Amended and Restated Investment Sub-Advisory Agreement effective as of the 1st day of December, 2012, as amended May 30, 2013 (“Agreement”), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to certain investment portfolios of JNL Series Trust (“Trust”).
Whereas, the Sub-Adviser has been replaced as sub-adviser for the JNL/Lazard Mid Cap Equity Fund of the Trust.
Whereas, pursuant to this sub-adviser replacement, the Adviser and the Sub-Adviser have agreed to amend Schedule A and Schedule B of the Agreement to remove the JNL/Lazard Mid Cap Equity Fund.
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
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1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated September 16, 2013, attached hereto.
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2.
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated September 16, 2013, attached hereto.
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In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of this 8th day of August 2013, effective September 16, 2013.
| Xxxxxxx National Asset Management, LLC | Lazard Asset Management LLC | |||
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By:
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/s/ Xxxx X. Xxxxx
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By:
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/s/ Xxxxxxx X. Xxxxxxx
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| Name: |
Xxxx X. Xxxxx
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Name:
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Xxxxxxx X. Xxxxxxx
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| Title: |
President and CEO
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Title:
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Deputy Chairman
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Schedule A
Dated September 16, 2013
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Funds
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JNL/Lazard Emerging Markets Fund
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A-1
Schedule B
Dated September 16, 2013
(Compensation)
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JNL/Lazard Emerging Markets Fund
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Average Daily Net Assets
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Annual Rate
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$0 to $50 Million
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0.75%
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$50 to $200 Million
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0.65%
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$200 to $600 Million
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0.575%
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Amounts Over $600 Million
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0.525%
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B- 1
