AMENDMENT TO SUBADVISORY AGREEMENT MANUFACTURERS ADVISER CORPORATION
AMENDMENT TO SUBADVISORY AGREEMENT
MANUFACTURERS ADVISER CORPORATION
MANUFACTURERS ADVISER CORPORATION
AMENDMENT made as of this 1st day of May, 2003 to the Subadvisory Agreement dated January 28,
1999 (the “Agreement”), as amended, between Manufacturer’s Securities Services, LLC, a Delaware
limited partnership (the “Adviser”), and A I M Capital Management, Inc., (the “Subadviser”). In
consideration of the mutual covenants contained herein, the parties agree as follows:
1. CHANGE IN APPENDIX A
Section 3 of the Agreement, “Compensation of Subadviser,” is hereby amended:
a. to add the compensation of the Mid Cap Core Trust
2. EFECTIVE DATE
This Amendment shall become effective on May 1, 2003 upon: (i) approval of the Amendment by
the Board of Trustees of Manufacturers Investment Trust, and (ii) execution of the Amendment.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by
their duly authorized officers as of the date first mentioned above.
Manufacturers Securities Services, LLC | ||||
By:
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The Manufacturers Life Insurance Company (U.S.A.), its managing member | |||
By:
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/s/Xxxxx X. Xxxxxxxxx
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Secretary and General Counsel | ||||
A I M Capital Management, Inc. | ||||
by:
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/s/X. Xxxxxx
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by:
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/s/Xxxxx X. Xxxxxx
Assistant Secretary |
APPENDIX A
The Subadviser shall serve as investment subadviser for the following portfolio of the Trust.
The Adviser will pay the Subadviser, as full compensation for all services provided under this
Agreement, the fee at an annual rate as follows (the “Subadviser Percentage Fee”):
Between | Between | |||||||||
Between | $50 million | $200 million | ||||||||
First | $10 million and | and $200 | and $500 | Excess Over | ||||||
Portfolio | $10 million | $50 million | million | million | $500 million | |||||
Mid Cap Core (AIM) |
The Subadviser Percentage Fee shall be accrued for each calendar day and the sum of the daily
fee accruals shall be paid monthly to the Subadviser. The daily fee accruals will be computed by
multiplying the fraction of one over the number of calendar days in the year by the applicable
annual rate described in the preceding paragraph, and multiplying this product by the net assets of
the portfolio as determined in accordance with the Trust’s prospectus and statement of additional
information as of the close of business on the previous business day on which the Trust was open
for business.
If this Agreement becomes effective or terminates before the end of any month, the fee (if
any) for the period from the effective date to the end of such month or from the beginning of such
month to the date of termination, as the case may be, shall be prorated according to the proportion
which such period bears to the full month in which such effectiveness or termination occurs.
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