ADDENDUM TO INVESTMENT ADVISORY AGREEMENT Calvert Variable Products, Inc.
ADDENDUM TO INVESTMENT ADVISORY AGREEMENT
Xxxxxxx Variable Products, Inc.
Xxxxxxx Investment Management, Inc. (“Xxxxxxx” or the “Advisor”) is the investment advisor to the above-referenced registered investment company (Fund). Xxxxxxx has agreed, with the Fund, to contractually limit direct ordinary net annual fund operating expenses of the Fund through April 30, 2014, as follows. This expense limitation does not limit the acquired fund fees and expenses incurred by a shareholder. Under the terms of the contractual expense limitation, operating expenses do not include interest expense, brokerage commissions, extraordinary expenses, and taxes. To the extent any expense offset arrangement reduces Fund expenses, Xxxxxxx'x obligation under this agreement is reduced and Xxxxxxx shall also benefit from the expense offset arrangement. The below figures are expressed as a percentage of average net assets.
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Class F |
Xxxxxxx Variable Products, Inc. |
|
Xxxxxxx XX Volatility Managed Moderate Portfolio |
0.83% |
Xxxxxxx XX Volatility Managed Moderate Growth Portfolio |
0.83% |
Xxxxxxx XX Volatility Managed Growth Portfolio |
0.83% |
For Funds: /s/ Xxxxxxx X. Xxxxxxxxx |
For Xxxxxxx: /s/ Xxxxxx X Xxxxxxxxxxx |
Xxxxxxx X. Xxxxxxxxx |
Xxxxxx X. Xxxxxxxxxxx |
Vice President and |
Senior Vice President and Chief Financial |
Secretary |
and Administrative Officer |
|
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Date: February 5, 2013 |
Date: February 5, 2013 |
Effective Date: April 30, 2013