EXHIBIT (XIV)
AMENDMENT TO SUBADVISORY AGREEMENT
THIS AMENDMENT TO SUBADVISORY AGREEMENT (the "Amendment") is effective as of
August 1, 2002, by and among SUNAMERICA ASSET MANAGEMENT CORP. (the "Adviser")
and ALLIANCE CAPITAL MANAGEMENT L.P. (the "Subadviser").
RECITALS
WHEREAS, the Adviser and SunAmerica Series Trust (the "Trust")
entered into an Investment Advisory Agreement dated January 1, 1999, as
amended May 23, 2000, November 29, 2000 and May 21, 2002 with respect to
the Alliance Growth Portfolio, the Growth-Income Portfolio and the
Global Equities Portfolio (the "Portfolios"); and
WHEREAS, the Adviser and the Subadviser are parties to that
certain Subadvisory Agreement dated January 1, 1999 (the "Agreement"),
with respect to the Trust Portfolios with the Sub-Adviser, and
WHEREAS, the parties wish to amend Section 3 of the Agreement to
reflect the addition of the Small & Mid Cap Value Portfolio.
NOW, THEREFORE, in consideration of the mutual promises set
forth herein, the Adviser and the Subadviser agree as follows:
1. Section 3 Amendment Addition of the new Portfolio.
New Portfolio Fee
Small & Mid Cap Value Portfolio 0.50% per annum
2. Counterparts. This Amendment may be executed in two or
more counterparts, each of which shall be an original and
all of which together shall constitute one instrument.
3. Full Force and Effect. Except as expressly supplemented,
amended or consented to hereby, all of the representations,
warranties, terms, covenants and conditions of the
Agreement shall remain unamended and shall continue to be
in full force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Amendment
as of the date first above written.
SUNAMERICA ASSET MANAGEMENT CORP. ALLIANCE CAPITAL MANAGEMENT L.P.
By: By:
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Name: Xxxxx X. Xxxxxxx ALLIANCE CAPITAL MANAGEMENT
Title: President and Chief Executive CORPORATION, its General
Officer Partner
By:
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Name:
Title:
