EXHIBIT 99.d(x)
AMENDMENT NUMBER 1 TO INVESTMENT SUB-ADVISORY AGREEMENT
The Investment Sub-Advisory Agreement between Hartford Investment
Financial Services Company and Wellington Management Company, LLP ("Wellington
Management") dated March 3, 1997 (the "Agreement") is hereby amended to include
The Hartford MidCap Fund (the "Fund") as an additional Portfolio. All provisions
in the Agreement shall apply to the Fund except as follows:
1. Wellington Management shall be paid a fee accrued daily and paid
quarterly, based upon the following annual rates and upon the calculated daily
net asset value of the Fund:
Net Asset Value Annual Rate
--------------- -----------
First $50,000,000 0.40%
Next $100,000,000 0.30%
Next $350,000,000 0.25%
Next $500,000,000 0.20%
Amount Over $1 Billion 0.175%
Wellington Management shall waive 100% of its fees until the assets of the
Fund reach $100 million, and, thereafter, 50% of its fees until the assets reach
$500 million, and, thereafter, 25% of its fees until the assets of the Fund
reach $1 billion, exclusive of seed money.
2. The effective date for this Amendment shall be December 31, 1997. The
initial term of the amended Agreement with respect to the Fund shall be for a
two-year period subject to continuance or termination as specified in Sections
9(a) and 9(b) of the Agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed on the 29 day of December, 1997.
HARTFORD INVESTMENT FINANCIAL
SERVICES COMPANY
/s/ Xxxxxx X. Xxxxxx
-----------------------------------------
By: Xxxxxx X. Xxxxxx
Title: Executive Vice President
WELLINGTON MANAGEMENT COMPANY, LLP
/s/ Xxxxxx X. Xxxxx
-----------------------------------------
By: Xxxxxx X. Xxxxx
Title: Chairman
