Exhibit (h)(95)
Form of
February 16, 2010
Xx. Xxxxxxx X. Xxxxx
Xxxxx Services LLC
000 Xxxxxxx Xxxxxx
Xxxxxx, Xxxxxxxx 00000
Dear Xx. Xxxxx:
Attached is revised Appendix B to the Amended and Restated Transfer Agency
Agreement dated June 18, 2002, as may be further amended from time to time (the
"Agreement"), between Janus Investment Fund (the "Trust") and Janus Services LLC
("Janus Services"). The purpose of the revision is to reflect the approval of
(1) an annual fixed transfer agency fee rate for Class D Shares of 0.12% (except
for JIF MM Funds); (2) the renaming of Class J Shares as Class T Shares and
thereby, charging an annual fixed transfer agency fee rate by Class T Shares of
0.25%; and (3) removal of references to a blended transfer agency fee rate for
Class J Shares (note: Class L Shares of Xxxxxxx Mid Cap Value Fund and Xxxxxxx
Small Cap Value Fund would continue to pay the blended transfer agency fee rate
of 0.12% for assets held directly with Janus Capital and 0.25% for assets held
through a third-party intermediary) effective on or about February 16, 2010.
Pursuant to Section 9 of the Agreement, the Trust hereby requests that Janus
Services acknowledge its acceptance of the terms contained in the revised
Appendix.
Please indicate your acceptance of the foregoing by executing two copies of this
letter, returning one copy to the Trust and retaining one copy for your records.
JANUS INVESTMENT FUND
By:
---------------------------------
Xxxxxxxxx Xxxxxxxxxx-Xxxxxx
Vice President, Chief Legal
Counsel and Secretary
JANUS SERVICES LLC
By:
---------------------------------
Xxxxxxx X. Xxxxx
Executive Vice President and
Chief Financial Officer
Revised effective as of February 16, 2010
APPENDIX B
I. NON-MONEY MARKET PORTFOLIOS
(a) Each class of Shares of the Trust shall pay Janus Services LLC ("Janus
Services") reasonable out-of-pocket expenses incurred in connection with
any services performed directly by Janus Services as transfer agent. For
Class A Shares, Class I Shares, and Class C Shares, administrative fees
charged by broker/dealers, insurance companies, banks, trust companies,
investment advisers, third party administrators and other financial
intermediaries (collectively, "Intermediaries"), including those fees in
connection with processing transactions through the National Securities
Clearing Corporation ("NSCC"), similar processing channel, or manually
traded may be included in such out-of-pocket expenses.
(b) Class D Shares. For transfer agency services provided directly by Janus
Services, Class D Shares shall pay Janus Services a annual fee, calculated
and payable for each day that this Agreement is in effect, of 1/365 of
0.12% of the daily closing net asset value of Class D Shares.
(c) Class L Shares: For transfer agency services provided directly by Janus
Services, Class L Shares of the Trust shall pay Janus Services a fee,
calculated and payable for each day that this Agreement is in effect, of
1/365 of 0.12% of the daily closing net asset value of Class L Shares of
each portfolio on assets sold directly to shareholders. To reimburse Janus
Services for its costs in engaging Intermediaries, Class L Shares shall
reimburse Janus Services in the amount of 1/365 of 0.25% of the daily
closing net asset value of Class L Shares of each portfolio on assets sold
through Intermediaries.
(d) Class R Shares and Class S Shares: Janus Services may receive from each of
the Class R Shares and Class S Shares of the Trust a fee at an annual rate
of up to 0.25% of the average daily net assets of each of the Class R
Shares and Class S Shares of the Trust to compensate Janus Services for
providing, or arranging for the provision of recordkeeping, subaccounting
and administrative services to retirement or pension plan participants or
other underlying investors investing in Class R Shares or Class S Shares,
respectively, through intermediary channels.
(e) Class T Shares: To reimburse Janus Services for its costs in engaging
Intermediaries, Class T Shares of the Trust shall pay Janus Services in the
amount of 1/365 of 0.25% of the daily closing net asset value of Class T
Shares.
All fees in (b) through (e) above shall be subject to a reduction as set forth
in Section 5.c. of this Agreement. If an account is open on any day of a month,
the per account fee (if applicable) shall be payable for that month.
II. MONEY MARKET PORTFOLIOS
Notwithstanding the above, however, Xxxxx Services agrees that it shall not look
to the Funds or the Trust for compensation for its services provided under this
Agreement to Janus Money Market Fund or Janus Government Money Market Fund
(together, the "Money Funds"). Janus Services shall be compensated for its
services to the Money Funds entirely by Janus Capital Management LLC ("Janus
Capital"), the administrator to the Money Funds, pursuant to an Administration
Agreement between Janus Capital and each of the Money Funds.
