AMENDMENT TO SUB-INVESTMENT ADVISORY AGREEMENT
Effective as of July 22, 2002
Credit Suisse Asset Management Limited
0-0 Xxxxxxxxx 0-xxxxx
Xxxxxx-xx, Xxxxx.
Xxxxx
Ladies and Gentlemen:
This amends the Sub-Investment Advisory Agreement (the "Sub-Advisory
Agreement") dated as of May 1, 2002 by and among Credit Suisse Opportunity
Funds, on behalf of its International Fund Portfolio, a duly organized series
thereof (the "Portfolio"), Credit Suisse Asset Management, LLC ("CSAM") and
Credit Suisse Asset Management Limited (the "Sub-Adviser"). Capitalized terms
used herein but not otherwise defined shall have the meanings set forth in the
Sub-Advisory Agreement.
In consideration of the covenants and agreements expressed herein, the
parties agree as follows:
1. Effective July 22, 2002, the Sub-Advisory Agreement is hereby amended
and restated in its entirety as follows:
"SCHEDULE A
CSAM will pay the Sub-Adviser a fee of $250,000 per annum (the "Total
Fee"), one quarter of which shall be payable in U.S. dollars in arrears on
the last business day of each calendar quarter. The fee for the first
period during which this Agreement is in effect shall be pro-rated for the
portion of the calendar quarter that the Agreement is in effect. The Total
Fee shall be an aggregate fee paid for services rendered with respect to
this Portfolio and such other Credit Suisse Funds for which the Sub-Adviser
has been appointed as such and which CSAM and the Sub-Adviser agree will be
governed by this fee schedule.
The portion of the Total Fee allocable with respect to the Portfolio
for any calendar quarter or portion thereof is equal to the product of (a)
the Total Fee and (b) a fraction: (i) the numerator of which is the average
monthly net assets of the Portfolio during such calendar quarter or portion
thereof and (ii) the denominator of which is the aggregate average monthly
net assets of the Portfolio and other registered investment companies for
which the Sub-Adviser has been appointed as such during such calendar
quarter or portion thereof (rounded to the nearest thousand dollars). "
2. The parties agree that the provisions of the Sub-Advisory Agreement,
except as amended by this Amendment, shall continue in full force and effect.
Please confirm that the foregoing is in accordance with your
understanding by indicating your acceptance hereof at the place below indicated,
whereupon it shall become a binding agreement between us.
Very truly yours,
CREDIT SUISSE ASSET MANAGEMENT, LLC
By: /s/Xxx Xxxxxx
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Name: Xxx Xxxxxx
Title: Managing Director
CREDIT SUISSE OPPORTUNITY FUNDS on behalf of its
INTERNATIONAL FUND portfolio
By: /s/Xxx Xxxxxx
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Name: Xxx Xxxxxx
Title: Vice President and Secretary
CREDIT SUISSE ASSET
MANAGEMENT LIMITED
By: /s/Xxxxxx Xxxxxx
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Name: Xxxxxx Xxxxxx
Title: Representative Director and President
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