Exhibit 4(v)
USAA CONTRACT CONTROL NUMBER: 0000129507
USAA AMENDMENT CONTROL NUMBER: 0000134483
AMENDMENT NO. 02
TO
INVESTMENT SUBADVISORY AGREEMENT
AMENDMENT NO. 02 made as of the 1st day of December 2003 to the
Investment Subadvisory Agreement made as of the 18th day of October, 2002, and
amended and restated as of the 1st day of May, 2003, between USAA INVESTMENT
MANAGEMENT COMPANY, a corporation organized under the laws of the State of
Delaware and having its principal place of business in San Antonio, Texas (IMCO)
and WELLINGTON MANAGEMENT COMPANY, LLP, a limited liability partnership
organized under the laws of the Commonwealth of Massachusetts and having its
principal place of business in Boston, Massachusetts (Wellington Management),
with respect to services provided to certain series of USAA Mutual Fund, Inc.
IMCO and Wellington Management agree to modify and amend the Amended
and Restated Investment Subadvisory Agreement described above (Agreement) as
follows:
1. NEW FUND. IMCO hereby appoints Wellington Management as an
investment subadviser of the USAA Small Cap Stock Fund on the terms and
conditions set forth in the Agreement.
2. SCHEDULE A. Schedule A to the Agreement, setting forth the Funds
of the Company for which Wellington Management is appointed as an investment
subadviser, is hereby replaced in its entirety by Schedule A (revised 12/01/03)
attached hereto.
3. SCHEDULE B. Schedule B to the Agreement, setting forth the fees
payable to Wellington Management with respect to each Fund, is hereby replaced
in its entirety by Schedule B (revised 12/01/03) attached hereto.
4. RATIFICATION. Except as modified and amended hereby, the
Agreement is hereby ratified and confirmed in full force and effect in
accordance with its terms.
IN WITNESS WHEREOF, IMCO and Wellington Management have caused this
Amendment No. 02 to be executed as of the date first set forth above.
Attest: USAA INVESTMENT MANAGEMENT
COMPANY
By: /s/ Xxxx X. Xxxxxx By: /s/ Xxxxxxxxxxx X. Xxxxx
------------------------------ --------------------------------
Name: Xxxx X. Xxxxxx Name: Xxxxxxxxxxx X. Xxxxx
Title: Secretary Title: President
/s/ Xxxx X. Xxxxxx
By: ------------------------------
Name: Xxxx X. Xxxxxx
Title: Authorized Signatory
Attest: WELLINGTON MANAGEMENT COMPANY, LLP
By: /s/ Xxxx Xxxxx By: /s/ Xxxxxxx X. Xxxxxx
--------------------------------- ------------------------------
Name: Xxxx Xxxxx Name: Xxxxxxx X. Xxxxxx
Title: Vice President Title: Senior Vice President
SCHEDULE A
(REVISED 12/01/03)
FUND EFFECTIVE DATE
USAA GROWTH & INCOME FUND OCTOBER 18, 2002
USAA SCIENCE & TECHNOLOGY FUND OCTOBER 18, 2002
USAA SMALL CAP STOCK FUND DECEMBER 1, 2003
SCHEDULE B
(REVISED 12/01/03)
FEES
RATE PER ANNUM OF THE AVERAGE DAILY NET
FUND ACCOUNT ASSETS OF THE FUND ACCOUNT
USAA Growth & Income Fund 0.20%
USAA Science & Technology Fund 0.45% - First $100 million
0.35% - Amounts above $100 million
USAA Small Cap Stock Fund 0.70%
