AMENDMENT TO SUB-INVESTMENT ADVISORY AGREEMENT
Effective as of July 22, 2002
Credit Suisse Asset Management Limited
0-0 Xxxxxxxxx 0-xxxxx
Xxxxxx-xx, Xxxxx.
Xxxxx
Ladies and Gentlemen:
This amends the Sub-Investment Advisory Agreement (the "Sub-Advisory
Agreement:) dated as of May 1, 2002 by and among Credit Suisse
International Focus Fund, Inc. (the "Fund"), Credit Suisse Asset
Management, LLC ("CSAM") and Credit Suisse Asset Management Limited
(the "Sub-Adviser"). Capitalized terms used herein but not otherwise
defined shall have the meanings set forth in the Sub-Advisory
Agreement. In consideration of the covenants and agreements
expressed herein, the parties agree as follows:
1. Effective July 22, 2002, the Sub-Advisory Agreement
is hereby amended and restated in its entirety as follows:
"SCHEDULE A
CSAM will pay the Sub-Adviser a fee of $250,000 per annum
(the "Total Fee"), one quarter of which shall be payable in U.S.
dollars in arrears on the last business day of each calendar
quarter. The fee for the first period during which this Agreement
is in effect shall be pro-rated for the portion
of the calendar quarter that the Agreement is in effect. The Total
Fee shall be an aggregate fee paid for services rendered with respect
to this Fund and such other Credit Suisse Funds for which the
Sub-Adviser has been appointed as such and which CSAM and the
Sub Adviser agree will be governed by this fee schedule.
The portion of the Total Fee allocable with respect to the Fund
for any calendar quarter or portion thereof is equal to the
product of (a) the Total Fee and (b) a fraction: (i) the numerator
of which is the average monthly net assets of the Fund during such
calendar quarter or portion thereof and
(ii) the denominator of which is the aggregate average monthly net
assets of the Fund and other registered investment companies for
which the Sub-Adviser has been appointed as such during such
calendar quarter or portion thereof (rounded to the nearest thousand
dollars). "
2. The parties agree that the provisions of the Sub-Advisory
Agreement, except as amended by this Amendment, shall continue in
full force and effect.
Please confirm that the foregoing is in accordance with your
understanding by indicating your acceptance hereof at the place
below indicated, whereupon it shall become a binding agreement
between us.
Very truly yours,
CREDIT SUISSE ASSET MANAGEMENT, LLC
By: Xxx Xxxxxx
Name: Xxx Xxxxxx
Title: Managing Director
CREDIT SUISSE INTERNATIONAL FOCUS FUND, INC.
By: /s/Xxx Xxxxxx
Name: Xxx Xxxxxx
Title: Vice President and Secretary
CREDIT SUISSE ASSET
MANAGEMENT LIMITED
By: /s/Xxxxxx Xxxxxx
Name: Xxxxxx Xxxxxx
Title: Representative Director and President
