AMENDMENT NO. 2 TO SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND PACIFIC INVESTMENT MANAGEMENT COMPANY LLC
23(d)(2)(i)(i)
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Sub-Advisory Agreement (Amendment) — Transamerica PIMCO Real Return TIPS dated 7-1-09 |
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AMENDMENT NO. 2
TO SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC.
AND PACIFIC INVESTMENT MANAGEMENT COMPANY LLC
TO SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC.
AND PACIFIC INVESTMENT MANAGEMENT COMPANY LLC
THIS AMENDMENT is made as of July 1, 2009 to the Sub-Advisory Agreement dated March 1, 2003,
as amended (the “Agreement”), between Transamerica Asset Management, Inc. (the “Investment
Adviser”) and Pacific Investment Management Company LLC (the “Sub-Adviser), on behalf of
Transamerica PIMCO Real Return TIPS, a separate series of Transamerica Funds (the “Trust”). In
consideration of the mutual covenants contained herein, the parties agree as follows:
| 1. | Compensation. |
Schedule A to the Agreement is hereby deleted in its entirety and replaced with the
following:
See attached Schedule A.
| 2. | A new Section 17 is added as follows: |
17. Services of the Sub-Adviser. Notwithstanding any other provision to the contrary,
the Sub-Adviser shall have no obligation to perform the following services or to have employees of
the Sub-Adviser perform the following roles, as applicable: (a) preparing and filing material for
distribution to shareholders of the Trust, including statistical information about the Trust and
material regarding the Trust’s performance or investments; (b) providing employees of the
Sub-Adviser to serve as officers of the Trust; or (c) providing employees of the Sub-Adviser to
serve as the Trust’s Chief Compliance Officer and associated staff.
In all other respects, the Sub-Advisory Agreement dated March 1, 2003, as amended, is
confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of July 1 2009.
| TRANSAMERICA ASSET MANAGEMENT, INC. | ||||
By: Name: |
/s/ Xxxxxxxxxxx X. Xxxxxxx
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|||
Title:
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Senior Vice President | |||
| PACIFIC INVESTMENT MANAGEMENT COMPANY LLC | ||||
By: Name: |
/s/ Xxxxx X. Xxxxxx
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Title:
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Managing Director | |||
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Schedule A
The following fee schedule shall apply to Transamerica PIMCO Real Return TIPS paid quarterly in
arrears based on the average daily net assets as reported by the Investment Adviser:
| Fund | Sub-Adviser Compensation | |
Transamerica PIMCO
Real Return TIPS
|
0.25% of the Fund’s average daily net assets on the first $1 billion | |
| 0.20% of the Fund’s average daily net assets thereafter |
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