NORTHWESTERN MUTUAL SERIES FUND, INC.
NORTHWESTERN MUTUAL SERIES FUND, INC.
000 Xxxx Xxxxxxxxx Xxxxxx
Milwaukee, Wisconsin 53202
February 24, 2011
Xxxxx Street Advisors, LLC
000 Xxxx Xxxxxxxxx Xxxxxx
Milwaukee, WI 53202
| Re: |
Agreement to Waive Xxxxx Street Advisors, LLC Investment Advisory Fees Relating to the Focused Appreciation Portfolio |
Gentlemen:
This letter constitutes an agreement between Xxxxx Street Advisors, LLC (“MSA”) and Northwestern Mutual Series Fund, Inc. (“NMSF”) by and between each of the parties hereto regarding the Investment Advisory Fee for the Focused Appreciation Portfolio (“Portfolio”). MSA agrees to waive, through April 30, 2012 (unless renewed by the parties hereto), its Investment Advisory Fee applicable to the Portfolio such that its management is as follows:
| Assets | Fee | |||||
|
First $100 million |
0.75% | |||||
| $100 million - $300 million |
0.70% | |||||
| $300 million - $500 million |
0.65% | |||||
| Over $500 million |
0.60% |
| Very truly yours, | ||
| NORTHWESTERN MUTUAL SERIES FUND, INC. | ||
| By: |
/s/ XXXX X. XXXXXXX | |
| Name: |
Xxxx X. Xxxxxxx | |
| Title: |
Vice President | |
| Agreed to and accepted: | ||
| XXXXX STREET ADVISORS, LLC | ||
| By: |
/s/ XXXXXXXXX XXXXXXXXX | |
| Name: |
Xxxxxxxxx XxXxxxxxx | |
| Title: |
President | |
