Amendment to Amended and Restated Investment Sub-Advisory Agreement Between Jackson National Asset Management, LLC and Mellon Capital Management Corporation
EX. 99.28(d)(2)(ix)
Amendment
to Amended and Restated
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 Amended and Restated Investment Sub-Advisory Agreement effective as of the 1st day of December, 2012, as amended February 20, 2013, April 29, 2013, May 30, 2013, September 16, 2013, December 17, 2013, June 4, 2014 and September 15, 2014 (“Agreement”), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to certain funds of JNL Variable Fund LLC, as listed on Schedule A to the Agreement.
Whereas, pursuant to the mergers of the following two funds of JNL Variable Fund LLC into other funds of JNL Variable Fund LLC, the Adviser and the Sub-Adviser have agreed to amend Schedule A and Schedule B of the Agreement to remove each of the following funds:
JNL/Mellon Capital Value Line® 30 Fund; and
JNL/Mellon Capital JNL Optimized 5 Fund.
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
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1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated April 27, 2015, attached hereto.
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2.
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated April 27, 2015, attached hereto.
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This Amendment may be executed in one or more counterparts, which together shall constitute one document.
In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of this 20th day of March 2015, effective April 27, 2015.
| Xxxxxxx National Asset Management, LLC |
Mellon Capital Management Corporation
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| By: | /s/ Xxxx X. Xxxxx | By: | /s/Xxxx Xxxxxxx-Xxxxx | |
| Name: | Xxxx X. Xxxxx | Name: | Xxxx Xxxxxxx-Xxxxx | |
| Title: | President and CEO | Title: | Managing Director | |
Schedule A
Dated April 27, 2015
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Funds
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JNL/Mellon Capital DowSM 10 Fund
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JNL/Mellon Capital Global 15 Fund
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JNL/Mellon Capital Nasdaq® 25 Fund
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JNL/Mellon Capital S&P® 24 Fund
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JNL/Mellon Capital S&P® XXxx 60 Fund
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JNL/Mellon Capital 25 Fund
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JNL/Mellon Xxxxxxx XXX 0 Xxxx
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XXX/Xxxxxx Capital Communications Sector Fund
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JNL/Mellon Capital Consumer Brands Sector Fund
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JNL/Mellon Capital Financial Sector Fund
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JNL/Mellon Capital Healthcare Sector Fund
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JNL/Mellon Capital Oil & Gas Sector Fund
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JNL/Mellon Capital Technology Sector Fund
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A-1
Schedule B
Dated April 27, 2015
(Compensation)
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JNL/Mellon Capital DowSM 10 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Global 15 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Nasdaq® 25 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital S&P® 24 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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B-1
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JNL/Mellon Capital S&P® XXxx 60 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital 25 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital JNL 5 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Communications Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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B-2
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JNL/Mellon Capital Consumer Brands Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Financial Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Healthcare Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Oil & Gas Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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B-3
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JNL/Mellon Capital Technology Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 million to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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B-4
