AMENDMENT
TO
INVESTMENT SUB-ADVISORY AGREEMENT
BETWEEN
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
AND
WELLINGTON MANAGEMENT COMPANY, LLP
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company and registered investment adviser
("Adviser"), and WELLINGTON MANAGEMENT COMPANY, LLP, a Massachusetts limited
liability partnership and registered investment adviser ("Sub-Adviser").
WHEREAS, the Adviser and Sub-Adviser entered into an Investment
Sub-Advisory Agreement dated as of November 1, 2005 ("Agreement"), whereby
Adviser appointed Sub-Adviser to provide certain sub-investment advisory
services to the investment portfolios of the JNL Investors Series Trust
("Trust"); and
WHEREAS, pursuant to the liquidation of certain funds from the Trust, the
following investment portfolio needs to be removed from the Agreement:
Xxxxxxx Perspective Money Market Fund
NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby agree to amend the Agreement as follows:
1. Schedule A to the Agreement is hereby deleted and replaced in its entirety
with Schedule A dated September 30, 2009, attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its entirety
with Schedule B dated September 30, 2009, attached hereto.
IN WITNESS WHEREOF, the Adviser and the Sub-Adviser have caused this
Amendment to be executed as of this 30th day of September, 2009.
XXXXXXX NATIONAL WELLINGTON MANAGEMENT
ASSET MANAGEMENT, LLC COMPANY, LLP
By: /s/ Xxxx X. Xxxxx By: /s/ Xxxxx X. Xxxxxx
Name: Xxxx X. Xxxxx Name: Xxxxx X. Xxxxxx
Title: President Title: Senior Vice President
SCHEDULE A
----------
SEPTEMBER 30, 2009
(Funds)
JNL Money Market Fund
SCHEDULE B
----------
SEPTEMBER 30, 2009
(Compensation)
JNL Money Market Fund
---------------------
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 to $750 Million: .05%*
$750 Million to $1 Billion: .04%*
Over $1 Billion: .025%*
* The assets of the JNL/Select Money Market Fund of JNL Series Trust and the
assets of the JNL Money Market Fund of JNL Investors Series Trust will be
combined for purposes of determining the applicable annual rate.