Amendment to
Amendment to
Amended and Restated Administration Agreement
between JNL Variable Fund 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 JNL Variable Fund LLC, a Delaware limited liability company (“Fund”).
Whereas, the Administrator and the Fund entered into an Amended and Restated Administration Agreement effective February 28, 2012, as amended effective April 29, 2013 and May 30, 2013 (“Agreement”), whereby the Administrator agreed to provide certain administrative services to several separate fund of shares (each a “fund”) of the Fund.
Whereas, the following fund mergers have been approved by the Board of Managers of the Fund and the Board of Trustees of JNL Series Trust (“JNLST”):
|
-
|
JNL/Mellon Capital DowSM Dividend Fund of the Fund is being merged into the JNL/S&P Dividend Income & Growth Fund of JNLST;
|
|
-
|
JNL/Mellon Capital S&P® 10 Fund of the Fund is being merged into the JNL/Mellon Capital S&P® 24 Fund of the Fund;
|
|
-
|
JNL/Mellon Capital Select Small-Cap Fund of the Fund is being merged into the JNL/Mellon Capital Small Cap Index Fund of JNLST; and
|
|
-
|
JNL/Mellon Capital VIP Fund of the Fund is being merged into the JNL/Mellon Capital S&P 500 Index Fund of JNLST.
|
Whereas, pursuant to the mergers outlined herein-above, the parties have agreed to amend Schedule A and Schedule B of the Agreement to remove the following funds:
|
-
|
JNL/Mellon Capital DowSM Dividend Fund;
|
|
-
|
JNL/Mellon Capital S&P® 10 Fund;
|
|
-
|
JNL/Mellon Capital Select Small-Cap Fund; and
|
|
-
|
JNL/Mellon Capital VIP Fund.
|
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 September 16, 2013, attached hereto.
|
|
2.
|
Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated September 16, 2013, attached hereto.
|
In Witness Whereof, the Administrator and the Fund have caused this Amendment to be executed as of this 26th day of June 2013, effective September 16, 2013.
| JNL Variable Fund LLC | Xxxxxxx National Asset Management, LLC | ||||
| By: |
/s/ Xxxxxxx X. Xxxxxx
|
By: | /s/ Xxxx X. Xxxxx | ||
| Name: |
Xxxxxxx X. Xxxxxx
|
Name: |
Xxxx X. Xxxxx
|
||
| Title: |
Assistant Secretary
|
Title: |
President and CEO
|
||
Schedule A
Dated September 16, 2013
|
Funds
|
|
JNL/Mellon Capital DowSM 10 Fund
|
|
JNL/Mellon Capital Global 15 Fund
|
|
JNL/Mellon Capital 25 Fund
|
|
JNL/Mellon Capital Nasdaq® 25 Fund
|
|
JNL/Mellon Capital Value Line® 30 Fund
|
|
JNL/Mellon Capital S&P® 24 Fund
|
|
JNL/Mellon Xxxxxxx XXX 0 Xxxx
|
|
XXX/Xxxxxx Capital JNL Optimized 5 Fund
|
|
JNL/Mellon Capital S&P® XXxx 60 Fund
|
|
JNL/Mellon Capital NYSE® International 25 Fund
|
|
JNL/Mellon Capital Communications Sector Fund
|
|
JNL/Mellon Capital Consumer Brands Sector Fund
|
|
JNL/Mellon Capital Oil & Gas Sector Fund
|
|
JNL/Mellon Capital Financial Sector Fund
|
|
JNL/Mellon Capital Healthcare Sector Fund
|
|
JNL/Mellon Capital Technology Sector Fund
|
A-1
Schedule B
Dated September 16, 2013
Class A & B Shares
|
Funds
|
Assets
|
Fee
|
|
JNL/Mellon Capital DowSM 10 Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital Global 15 Fund
|
All Assets
|
.20%
|
|
JNL/Mellon Capital 25 Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital Nasdaq® 25 Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital Value Line® 30 Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital S&P® 24 Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital JNL 5 Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital JNL Optimized 5 Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital S&P® XXxx 60 Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital NYSE® International 25 Fund
|
All Assets
|
.20%
|
|
JNL/Mellon Capital Communications Sector Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital Consumer Brands Sector Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital Oil & Gas Sector Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital Financial Sector Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital Healthcare Sector Fund
|
All Assets
|
.15%
|
|
JNL/Mellon Capital Technology Sector Fund
|
All Assets
|
.15%
|
B-1
