SECOND AMENDMENT TO SUB-INVESTMENT ADVISORY AGREEMENT August 15, 2007
Exhibit 99.(d)(4)
SECOND AMENDMENT TO SUB-INVESTMENT ADVISORY AGREEMENT
August 15, 2007
Credit Suisse Asset Management Limited
One Xxxxx Xxxxxx
Xxxxxx, X00 0XX
Dear Sirs:
This amends the Sub-Investment Advisory Agreement dated as of May 1, 2002, and amended July 22, 2002 (the “Sub-Advisory Agreement”), by and among the Credit Suisse International Focus Fund, Inc. (the “Fund”), Credit Suisse Asset Management, LLC (“Credit Suisse”) and Credit Suisse Asset Management Limited (London) (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 September 1, 2007, Schedule A to the Sub-Advisory Agreement will read as follows:
“SCHEDULE A
Credit Suisse will pay the Sub-Adviser a fee equal to fifty percent of the fee that Credit Suisse is paid by the Fund as investment adviser, after any fee waivers and/or expense reimbursements by Credit Suisse, voluntary or contractual, but before payments to any sub-adviser (the “Advisory Fee”), one quarter of which shall be payable in U.S. dollars in arrears on the last business day of each calendar quarter. Should the Advisory Fee be decreased for any reason and at any time, the Sub-Adviser shall be paid fifty percent of such decreased fee. The fee for the first period during which this amended Schedule A is in effect shall be pro-rated for the portion of the calendar quarter that the amended Schedule A is in effect.”
2. Fees shall cease to accrue under the previous compensation structure on August 31, 2007 and such fees shall be paid to the Sub-Adviser as soon as practicable.
3. The parties agree that the provisions of the Sub-Advisory Agreement, except as amended by this Amendment shall continue in full force and effect.
[signature page follows]
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 |
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By: |
/s/ Xxxxx X. Xxxxxxxxx |
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Name: Xxxxx X. Xxxxxxxxx |
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Title: Managing Director |
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CREDIT SUISSE INTERNATIONAL FOCUS FUND, INC. |
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By: |
/s/ Xxxxx X. Xxxxxxxxx |
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Name: Xxxxx X. Xxxxxxxxx |
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Title: Chief Executive Officer |
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CREDIT SUISSE ASSET |
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MANAGEMENT LIMITED |
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By: |
/s/ Xxxxx Xxxxxxxx |
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Name: Xxxxx Xxxxxxxx |
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Title: Managing Director |
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By: |
/s/ Xxxx Xxxxxx |
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Name: Xxxx Xxxxxx |
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Title: Director |
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