EX-99.23(h)(21)
AMENDMENT
TO
ADMINISTRATION AGREEMENT
BETWEEN
JNLNY VARIABLE FUND I LLC
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 JNLNY VARIABLE
FUND I LLC, a Delaware limited liability company ("Fund").
WHEREAS, the Administrator and the Fund entered into an Administration
Agreement dated as of December 15, 2004 ("Agreement"), whereby the Administrator
agreed to provide certain administrative services to the investment portfolios
of the JNLNY Variable Fund I LLC (each a "Fund");
WHEREAS, pursuant to the Agreement, each Fund and the Administrator agreed
to certain expenses assumed by each Fund and the Administrator as payment for
certain services and expenses;
NOW THEREFORE, in consideration of the mutual covenants contained herein
and for other good and valuable consideration, the Fund and the Adviser agree as
follows:
1. Section 2.2.12 is added to the Agreement:
2.2.12 ANTI-MONEY LAUNDERING ("AML") SERVICE FEE. For all expenses
related to AML Services paid to Xxxxxxx National Life Insurance
Company.
2. This Amendment may be executed in two or more counterparts which
together shall constitute one document.
IN WITNESS WHEREOF, the Administrator and the Fund have caused this
Amendment to be executed as of this 1st day of September, 2006.
XXXXXXX NATIONAL ASSET JNLNY VARIABLE FUND I LLC
MANAGEMENT, LLC
By: ____/s/ Xxxx X. Nerud_____________ By: ___/s/ Xxxxxx X. Fritts_________
Name: Xxxx X. Xxxxx Name: Xxxxxx X. Xxxxxx
Title: Chief Financial Officer Title: President
