AMENDMENT TO SUB-INVESTMENT ADVISORY AGREEMENT
Effective as of July 22, 2002
Credit Suisse Asset Management Limited
Xxxxxxxx Xxxxx
00 Xx. Xxxxxxx Xxxxxx
Xxxxxx XX0X 0XX
Ladies and Gentlemen:
This amends the Sub-Investment Advisory Agreement (the "Sub-Advisory
Agreement") dated as of May 1, 2002 by and among Credit Suisse
International Focus Fund, Inc. (the "Fund"), Credit Suisse Asset
Management, LLC ("CSAM") and Credit Suisse Asset Management Limited
(the "Sub-Adviser"). Capitalized terms used herein but not otherwise
defined shall have the meanings set forth in the Sub-Advisory
Agreement.
In consideration of the covenants and agreements expressed herein,
the parties agree as follows:
1. Effective July 22, 2002, the Sub-Advisory Agreement is
hereby amended and restated in its entirety as follows:
"SCHEDULE A
CSAM will pay the Sub-Adviser a fee of $250,000 per annum
(the "Total Fee"), one quarter of which shall be payable in U.S.
dollars in arrears on the last business day of each calendar quarter.
The fee for the first period during which this Agreement is in effect
shall be pro-rated for the portion of the calendar quarter that the
Agreement is in effect. The Total Fee shall be an aggregate fee paid
for services rendered with respect to this Fund and such other Credit
Suisse Funds for which the Sub-Adviser has been appointed as such and
which CSAM and the Sub Adviser agree will be governed by this fee
schedule.
The portion of the Total Fee allocable with respect to the Fund for
any calendar quarter or portion thereof is equal to the product of
(a) the Total Fee and (b) a fraction: (i) the numerator of which is
the average monthly net assets of the Fund during such calendar
quarter or portion thereof and (ii) the denominator of which is the
aggregate average monthly net assets of the Fund and other registered
investment companies for which the Sub-Adviser has been appointed as
such during such calendar quarter or portion thereof (rounded to the
nearest thousand dollars). "
2. The parties agree that the provisions of the Sub-Advisory
Agreement, except as amended by this Amendment, shall continue
in full force and effect.
Please confirm that the foregoing is in accordance with your
understanding by indicating your acceptance hereof at the place below
indicated, whereupon it shall become a binding agreement between us.
Very truly yours,
CREDIT SUISSE ASSET MANAGEMENT, LLC
By: /s/Xxx Xxxxxx
Name: Xxx Xxxxxx
Title: Managing Director
CREDIT SUISSE INTERNATIONAL FOCUS FUND, INC.
By: /s/Xxx Xxxxxx
Name: Xxx Xxxxxx
Title: Vice President and Secretary
CREDIT SUISSE ASSET
MANAGEMENT LIMITED
By: /s/X. Xxxxxxxx /s/ X. Xxxxxxx
Name: X. Xxxxxxxx X. Xxxxxxx
Title: Director (Legal) Managing Director