Exhibit H
NORTHWESTERN MUTUAL SERIES FUND, INC.
April 30, 1999
The Northwestern Mutual Life Insurance Company
000 Xxxx Xxxxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
Northwestern Mutual Investment Services, LLC
000 Xxxx Xxxxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
Re: Agreement to Pay or Reimburse Expenses of
Northwestern Mutual Series Fund, Inc. Small Cap Growth Stock
Portfolio and Index 400 Stock Portfolio
Gentlemen:
This letter constitutes an agreement between The Northwestern Mutual
Life Insurance Company ("NML"), Northwestern Mutual Investment Services, LLC
("NMIS") and Northwestern Mutual Series Fund, Inc. ("NMSF") by and between each
of the parties hereto as follows:
For the calendar year ending December 31, 1999, NML and NMIS agree to
pay or reimburse Other Expenses of the Small Cap Growth Stock Portfolio and the
Index 400 Stock Portfolio (collectively, the "Portfolios") of NMSF to the extent
necessary so that Total Expenses on an annualized basis, after the payment or
reimbursement, do not exceed 1.00% of average net assets for the Small Cap
Growth Stock Portfolio and .35% of average net assets for the Index 400 Stock
Portfolio. All capitalized terms used herein shall have the same meanings as
they have when used in the currently effective prospectus for NMSF.
Very truly yours,
NORTHWESTERN MUTUAL SERIES
FUND, INC.
By: XXXX X. XXXX
-----------------------------
Name: Xxxx X. Xxxx
Title: Vice President/Treasurer
Agreed to and accepted:
THE NORTHWESTERN MUTUAL LIFE
INSURANCE COMPANY
By: XXXX X. XXXX
----------------------------------
Name: Xxxx X. Xxxx
Title: Senior Vice President
NORTHWESTERN MUTUAL INVESTMENT
SERVICES, LLC
By: XXXX X. XXXX
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Name: Xxxx X. Xxxx
Title: President
