Exhibit (d) 2 (25)
First Amendement to Amended and Restated Investment Subadvisory Agreement
between Phoenix Investment Counsel, Inc. and Xxxxxxxx & Associates, Inc.
FIRST AMENDMENT TO
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AMENDED AND RESTATED SUBADVISORY AGREEMENT
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THIS AMENDMENT dated this 12th day of November, 2002 amends that certain
Amended and Restated Subadvisory Agreement dated as of September 28, 2001 (the
"Agreement") by and between Phoenix Investment Counsel, Inc. ("Adviser") and
Xxxxx Xxxxxxxx & Associates, Inc. ("Subadvisor"), regarding the management of
the Phoenix-Xxxxxxxx Small & Mid-Cap Growth Series (the "Series") of The Phoenix
Edge Series Fund (the "Fund") as follows:
1. Section 18 is hereby added as follows:
"Proxies. The Subadvisor shall review all proxy solicitation materials and
be responsible for voting and handling all proxies in relation to the
Assets in accordance with such policies and procedures adopted or approved
from time to time by the Fund. Unless the Adviser or the Fund gives the
Subadvisor written instructions to the contrary, the Subadvisor will, in
compliance with the proxy voting procedures of the Series then in effect,
vote or abstain from voting, all proxies solicited by or with respect to
the issuers of securities in which assets of the Series may be invested.
The Adviser shall cause the Custodian to forward promptly to the Subadvisor
all proxies upon receipt, so as to afford the Subadvisor a reasonable
amount of time in which to determine how to vote such proxies. The
Subadvisor agrees to provide the Adviser with quarterly proxy voting
reports in such form as the Adviser may request from time to time."
2. Except as expressly amended hereby, all provisions of the Agreement shall
remain in full force and effect and are unchanged in all other respects.
All initial capitalized terms used herein shall have such meaning as
ascribed thereto in the Agreement, as amended. All terms and phrases in
quotations shall have such meaning as ascribed thereto in the Investment
Company Act of 1940, as amended.
3. This Amendment shall become effective on the date first accepted by the
Subadvisor which date is set forth above the Subadvisor's name on the
signature page hereof.
4. This Amendment may be executed in one or more counterparts, each of which
shall be deemed to be an original and, all of which, when taken together,
shall constitute but one and the same instrument.
IN WITNESS WHEREOF, the parties hereto intending to be legally bound have
caused this Amendment to be executed by their duly authorized officers or other
representatives.
PHOENIX INVESTMENT COUNSEL, INC.
By: /s/ Xxxxxx X. Xxxxxxxx
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Name: Xxxxxx X. Xxxxxxxx
Title: Vice President
AGREED AND ACCEPTED this 4th day of February, 2003.
XXXXX XXXXXXXX & ASSOCIATES, INC.
By: /s/ Xxxxxxx Xxxx
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Name: Xxxxxxx Xxxx
Title: C.F.O.
