Amendment to Investment Sub-Advisory Agreement Between Jackson National Asset Management, LLC

JNL/AllianceBernstein Dynamic Asset Allocation Fund Ltd.

Amendment to Investment Sub-Advisory Agreement Between

Xxxxxxx National Asset Management, LLC

and AllianceBernstein L.P.

This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (“Adviser”), and AllianceBernstein L.P., a Delaware limited partnership and registered investment adviser (“Sub-Adviser”).

Whereas, JNL/AllianceBernstein Dynamic Asset Allocation Fund Ltd. (the “Company”) is a wholly owned subsidiary of the JNL/AllianceBernstein Dynamic Asset Allocation Fund, organized as a company exempt from tax under the laws of the Cayman Islands.

Whereas, the Adviser and the Sub-Adviser entered into an Investment Sub-Advisory Agreement effective as of the 28th day of April 2014, as amended (“Agreement”), whereby the Adviser appointed the Sub-Adviser to provide sub-investment advisory services to the Company.

Whereas, in connection with a company rebranding, the JNL/AllianceBernstein Dynamic Asset Allocation Fund will be renamed the JNL/AB Dynamic Asset Allocation Fund and the JNL/AllianceBernstein Dynamic Asset Allocation Fund Ltd. will be renamed the JNL/AB Dynamic Asset Allocation Fund Ltd.

Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement to update the fund and Company names, as outlined above, in all instances.

In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of this 17th day of August 2015, effective September 28, 2015.

Xxxxxxx National Asset Management, LLC			AllianceBernstein L.P.
By:	/s/ Xxxx X. Xxxxx		By:	Xxxxxx X. Xxxxx
Name:	Xxxx X. Xxxxx		Name:	Xxxxxx X. Xxxxx
Title:	President and CEO		Title:	Assistant Secretary