AMENDMENT
TO
ADMINISTRATION AGREEMENT
BETWEEN
JNL SERIES TRUST
AND
XXXXXXX NATIONAL FINANCIAL SERVICES, LLC
This AMENDMENT is made by and between XXXXXXX NATIONAL FINANCIAL
SERVICES, 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 1, 1999 ("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 Series agreed to pay the
Administrator for the services provided and the expenses assumed by each Series
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, the Trust desires to appoint Administrator to provide, and
Administrator has agreed to provide, additional administrative services to six
new investment portfolios of the JNL Series Trust, effective upon execution or,
if later, the date that initial capital for such investment portfolio is first
provided.
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 May 1, 2000, attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its
entirety with Schedule B dated May 1, 2000, attached hereto.
IN WITNESS WHEREOF, the Administrator and the Trust have caused this
Amendment to be executed as of this 10th day of February, 2000.
XXXXXXX NATIONAL FINANCIAL JNL SERIES TRUST
SERVICES, LLC
By: /s/ Xxxx X. Xxxxx By: /s/ Xxxxxx X. Xxxxxxx
------------------------- -----------------------
Name: Xxxx X. Xxxxx Name: Xxxxxx X. Xxxxxxx
------------------------- -----------------------
Title: Chief Financial Officer Title: President
------------------------- -----------------------
SCHEDULE A
DATED MAY 1, 0000
XXX/Xxxxx Growth Series
JNL/Alliance Growth Series
JNL/Eagle Core Equity Series
JNL/Eagle SmallCap Equity Series
JNL/X.X. Xxxxxx Enhanced S&P 500 Index Series
JNL/X.X. Xxxxxx International & Emerging Markets Series
JNL/Janus Aggressive Growth Series
JNL/Janus Capital Growth Series
JNL/Janus Global Equities Series
JNL/Janus Balanced Series
JNL/Janus Growth & Income Series
JNL/PIMCO Total Return Bond Series
JNL/Xxxxxx Growth Series
JNL/Xxxxxx Value Equity Series
JNL/Xxxxxx International Equity Series
JNL/Xxxxxx Mid-Cap Growth Series
JNL/S&P Conservative Growth Series I
JNL/S&P Moderate Growth Series I
JNL/S&P Aggressive Growth Series I
JNL/S&P Very Aggressive Growth Series I
JNL/S&P Equity Growth Series I
JNL/S&P Equity Aggressive Growth Series I
JNL/S&P Conservative Growth Series II
JNL/S&P Moderate Growth Series II
JNL/S&P Aggressive Growth Series II
JNL/S&P Very Aggressive Growth Series II
JNL/S&P Equity Growth Series II
JNL/S&P Equity Aggressive Growth Series II
JNL/S&P Aggressive Growth Index Series
JNL/S&P Conservative Growth Index Series
JNL/S&P Moderate Growth Index Series
JNL/SSGA Enhanced Intermediate Bond Index Series
JNL/SSGA International Index Series
XXX/XXXX Xxxxxxx 0000 Index Series
JNL/SSGA S&P 500 Index Series
JNL/SSGA S&P MidCap Index Series
Lazard/JNL Small Cap Value Series
Lazard/JNL Mid Cap Value Series
PPM America/JNL Balanced Series
PPM America/JNL High Yield Bond Series
PPM America/JNL Money Market Series
Salomon Brothers/JNL Balanced Series
Salomon Brothers/JNL Global Bond Series
Salomon Brothers/JNL High Yield Bond Series
Salomon Brothers/JNL U.S. Government & Quality Bond Series
X. Xxxx Price/JNL Established Growth Series
X. Xxxx Price/JNL Mid-Cap Growth Series
X. Xxxx Price/JNL Value Series
SCHEDULE B
DATED MAY 1, 2000
Series Fee
------ ---
JNL/Xxxxx Growth Series .10%
JNL/Alliance Growth Series .10%
JNL/Eagle Core Equity Series .10%
JNL/Eagle SmallCap Equity Series .10%
JNL/X.X. Xxxxxx Enhanced S&P 500 Index Series .10%
JNL/X.X. Xxxxxx International & Emerging Markets Series .10%
JNL/Janus Aggressive Growth Series .10%
JNL/Janus Capital Growth Series .10%
JNL/Janus Global Equities Series .10%
JNL/Janus Balanced Series .10%
JNL/Janus Growth & Income Series .10%
JNL/PIMCO Total Return Bond Series .10%
JNL/Xxxxxx Growth Series .10%
JNL/Xxxxxx Value Equity Series .10%
JNL/Xxxxxx International Equity Series .10%
JNL/Xxxxxx Mid-Cap Series .10%
JNL/S&P Conservative Growth Series I .00%
JNL/S&P Moderate Growth Series I .00%
JNL/S&P Aggressive Growth Series I .00%
JNL/S&P Very Aggressive Growth Series I .00%
JNL/S&P Equity Growth Series I .00%
JNL/S&P Equity Aggressive Growth Series I .00%
JNL/S&P Conservative Growth Series II .00%
JNL/S&P Moderate Growth Series II .00%
JNL/S&P Aggressive Growth Series II .00%
JNL/S&P Very Aggressive Growth Series II .00%
JNL/S&P Equity Growth Series II .00%
JNL/S&P Equity Aggressive Growth Series II .00%
JNL/S&P Aggressive Growth Index Series .00%
JNL/S&P Conservative Growth Index Series .00%
JNL/S&P Moderate Growth Index Series .00%
JNL/SSGA Enhanced Intermediate Bond Index Series .10%
JNL/SSGA International Index Series .15%
XXX/XXXX Xxxxxxx 0000 Index Series .10%
JNL/SSGA S&P 500 Index Series .10%
JNL/SSGA S&P MidCap Index Series .10%
Lazard/JNL Small Cap Value Series .10%
Lazard/JNL Mid Cap Value Series .10%
PPM America/JNL Balanced Series .10%
PPM America/JNL High Yield Bond Series .10%
PPM America/JNL Money Market Series .10%
Salomon Brothers/JNL Balanced Series .10%
Salomon Brothers/JNL Global Bond Series .10%
Salomon Brothers/JNL High Yield Bond Series .10%
Salomon Brothers/JNL U.S. Government & Quality Bond Series .10%
X. Xxxx Price/JNL Established Growth Series .10%
X. Xxxx Price/JNL Mid-Cap Growth Series .10%
X. Xxxx Price/JNL Value Series .10%