EX-99.23(h)(12)
AMENDMENT
TO
ADMINISTRATION AGREEMENT
BETWEEN
JNLNY VARIABLE FUND I 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 JNLNY VARIABLE
FUND I LLC, a Delaware limited liability company ("Fund").
WHEREAS, the Administrator and the Fund entered into an Administration
Agreement dated as of January 31, 2001 ("Agreement"), whereby the Administrator
agreed to provide certain administrative services to the investment portfolios
of the JNLNY Variable Fund I LLC (each a "Fund");
WHEREAS, new funds have been added.
1. Schedule A to the Agreement is hereby deleted and replaced in its
entirety with Schedule A dated October 4, 2004, attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its
entirety with Schedule B dated October 4, 2004, attached hereto.
IN WITNESS WHEREOF, the Administrator and the Fund have caused this
Amendment to be executed as of this 4th day of October, 2004.
XXXXXXX NATIONAL ASSET JNLNY VARIABLE FUND I LLC
MANAGEMENT, LLC
By: By:
------------------------------- ------------------------------
Name: XXXX X. XXXXX Name: XXXXXX X. XXXXXX
---------------------------- -----------------------------
Title: CHIEF FINANCIAL OFFICER Title: PRESIDENT
---------------------------- ---------------------------
SCHEDULE A
Dated October 4, 2004
JNL/Mellon Capital Management The DowSM 10 Fund
JNL/Mellon Capital Management The S&P(R) 10 Fund
JNL/Mellon Capital Management Global 15 Fund
JNL/Mellon Capital Management 25 Fund
JNL/Mellon Capital Management Select Small-Cap Fund
JNL/Mellon Capital Management Nasdaq(R) 15 Fund
JNL/Mellon Capital Management Value Line(R) 25 Fund
SCHEDULE B
Dated October 4, 2004
FUNDS FEE
JNL/Mellon Capital Management The DowSM 10 Fund .15%
JNL/Mellon Capital Management The S&P(R)10 Fund .15%
JNL/Mellon Capital Management Global 15 Fund .20%
JNL/Mellon Capital Management 25 Fund .15%
JNL/Mellon Capital Management Select Small-Cap Fund .15%
JNL/Mellon Capital Management Nasdaq(R)15 Fund .15%
JNL/Mellon Capital Management Value Line(R)25 Fund .15%
