JOHN HANCOCK MUNICIPAL SECURITIES TRUST AMENDMENT TO ADVISORY AGREEMENT
XXXX XXXXXXX MUNICIPAL SECURITIES TRUST
AMENDMENT TO ADVISORY AGREEMENT
AMENDMENT made this 1st day of October, 2009, to the Advisory Agreement dated July 1, 2009 (the “Agreement”), between Xxxx Xxxxxxx Municipal Securities Trust, a Massachusetts business trust, and Xxxx Xxxxxxx Advisers, LLC, a Delaware limited liability company. In consideration of the mutual covenants contained herein, the parties agree as follows:
1. CHANGE IN APPENDIX A
Appendix A of the Agreement, which relates to Section 4 of the Agreement, “Compensation of Adviser,” is hereby amended as shown in Appendix A hereto.
2. EFFECTIVE DATE
This Amendment shall become effective as of date first mentioned above.
3. DEFINED TERMS
Unless otherwise defined herein, capitalized terms used herein have the meanings specified in or pursuant to the Agreement.
4. OTHER TERMS OF THE AGREEMENT
Except as specifically amended hereby, all of the terms and conditions of the Agreement shall continue to be in full force and effect and shall be binding upon the parties in accordance with their respective terms.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by their duly authorized officers as of the date first mentioned above.
XXXX XXXXXXX MUNICIPAL SECURITIES TRUST,
on behalf of its series listed in Appendix A
By: /s/Xxxxx X. Xxxxxxxxx
Xxxxx X. Xxxxxxxxx
President and Chief Executive Officer
XXXX XXXXXXX ADVISERS, LLC
By: /s/Xxxxx X. Xxxxxxxxx
Xxxxx X. Xxxxxxxxx
President and Chief Executive Officer
Appendix A
|
Fund |
First $75 million of Net Assets |
Next $75 million of Net Assets |
Next $1.85 billion of Net Assets |
Next $2 billion of Net Assets |
Excess over $4 billion of Net Assets |
|
Xxxx Xxxxxxx High Yield Municipal Bond Fund |
0.625% |
0.5625% |
0.500% |
0.480% |
0.450% |
|
|
|
|
|
|
|
|
Fund |
First $500 million of Net Assets |
Next $500 million of Net Assets |
Next $2 billion of Net Assets |
Excess over $3 billion of Net Assets |
|
|
Xxxx Xxxxxxx Tax-Free Bond Fund |
0.550% |
0.500% |
0.450% |
0.425% |
|
W:\XXXX XXXXXXX FUNDS\Municipal Securities\1Advisory Agrmt\2009_10_01 JHF_JHA_Municipal Securities_Advisory_Amend.doc
