23(d)(23)
Amendment to Sub-Advisory Agreement on behalf of Xxxxxxxx Growth
AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA FUND ADVISORS, INC. AND
XXXXXXXX ASSOCIATES LLC
THIS AMENDMENT is made as of January 1, 2007 to the Sub-Advisory Agreement dated
May 1, 2002, as amended, (the "Agreement"), between Transamerica Fund Advisors,
Inc. ("TFAI"), and Xxxxxxxx Associates LLC (the "Sub-Adviser") on behalf of
AEGON/Transamerica Series Trust (the "Trust") and Xxxxxxxx Growth (the "Fund").
In consideration of the mutual covenants contained herein, the parties agree as
follows:
6. COMPENSATION. Effective January 1, 2007, the sub-advisory fee rate for
Xxxxxxxx Growth is as follows:
0.40% of the first $250 million of average daily net assets; 0.35% of
average daily net assets over $250 million up to $500 million; 0.30%
of average daily net assets over $500 million up to $1 billion; 0.25%
of average daily net assets over $1 billion up to $1.5 billion; and
0.20% of average daily net assets in excess of $1.5 billion; and for
the purpose of calculating the fee, the Fund's assets will be combined
with those of the TA IDEX Xxxxxxxx Growth portfolio of Transamerica
IDEX Mutual Funds.
In all other respects, the Sub-Advisory Agreement dated May 1, 2002, as amended,
is confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of January 1,
2007.
TRANSAMERICA FUND ADVISORS, INC
By: /s/ Xxxxx X. Xxxxxxxxx
---------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Senior Vice President
XXXXXXXX ASSOCIATES LLC
By: /s/ Xxxxxx X. Xxxxxx
---------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Executive Vice President
