AMENDMENT
TO
INVESTMENT SUB-ADVISORY AGREEMENT
BETWEEN
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
AND
MELLON CAPITAL MANAGEMENT CORPORATION
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company and registered investment adviser
("Adviser"), and MELLON CAPITAL MANAGEMENT CORPORATION, a Delaware corporation
and registered investment adviser ("Sub-Adviser").
WHEREAS, the Adviser and Sub-Adviser entered into an Investment
Sub-Advisory Agreement dated as of December 15, 2006 ("Agreement"), whereby
Adviser appointed Sub-Adviser to provide certain sub-investment advisory
services to certain investment portfolios of the JNL Investors Series Trust; and
WHEREAS, pursuant to the Agreement, the Adviser agreed to pay the
Sub-Adviser for the services provided and the expenses assumed by the
Sub-Adviser a sub-advisory fee as set forth on Schedule B to the Agreement, and
the Sub-Adviser agreed to accept such sub-advisory fee as full compensation
under the Agreement for such services and expenses; and
WHEREAS, the Adviser and Sub-Adviser agree to amend the sub-advisory fees
as forth on Schedule B to the Agreement to reflect fee reductions for all Funds.
NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby agree to amend the Agreement as follows effective as of
January 1, 2009:
1. Schedule B to the Agreement is hereby deleted and replaced in its
entirety with amended Schedule B dated January 1, 2009, attached
hereto.
IN WITNESS WHEREOF, the Adviser and the Sub-Adviser have caused this
Amendment to be executed as of this 1st day of Janaury, 2009.
XXXXXXX NATIONAL ASSET MELLON CAPITAL MANAGEMENT
MANAGEMENT, LLC CORPORATION
By:___________________________________ By:___________________________________
Name: XXXX X. XXXXX Name: ________________________________
Title: PRESIDENT Title: _______________________________
SCHEDULE B
JANUARY 1, 2009
(Compensation)
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XXXXXXX PERSPECTIVE 5 FUND
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AVERAGE DAILY NET ASSETS ANNUAL RATE
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$0 to $50 Million 0.09%
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$50 Million to $100 Million 0.06%
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$100 Million to $750 Million 0.03%
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Amounts over $750 Million 0.015%
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XXXXXXX PERSPECTIVE INDEX 5 FUND
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AVERAGE DAILY NET ASSETS ANNUAL RATE
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$0 to $50 Million 0.09%
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$50 Million to $100 Million 0.06%
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$100 Million to $750 Million 0.03%
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Amounts over $750 Million 0.015%
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XXXXXXX PERSPECTIVE OPTIMIZED 5 FUND
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AVERAGE DAILY NET ASSETS ANNUAL RATE
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$0 to $50 Million 0.09%
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$50 Million to $100 Million 0.06%
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$100 Million to $750 Million 0.03%
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Amounts over $750 Million 0.015%
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XXXXXXX PERSPECTIVE S&P 4 FUND
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AVERAGE DAILY NET ASSETS ANNUAL RATE
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$0 to $50 Million 0.09%
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$50 Million to $100 Million 0.06%
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$100 Million to $750 Million 0.03%
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Amounts over $750 Million 0.015%
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XXXXXXX PERSPECTIVE VIP FUND
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AVERAGE DAILY NET ASSETS ANNUAL RATE
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$0 to $50 Million 0.09%
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$50 Million to $100 Million 0.06%
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$100 Million to $750 Million 0.03%
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Amounts over $750 Million 0.015%
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XXXXXXX PERSPECTIVE EUROPEAN 30 FUND
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AVERAGE DAILY NET ASSETS ANNUAL RATE
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$0 to $50 million 0.09%
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$50 to $100 million 0.06%
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$100 to $750 million 0.03%
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Over $750 million 0.015%
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XXXXXXX PERSPECTIVE PACIFIC RIM 30 FUND
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AVERAGE DAILY NET ASSETS ANNUAL RATE
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$0 to $50 million 0.09%
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$50 to $100 million 0.06%
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$100 to $750 million 0.03%
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Over $750 million 0.015%
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