EXHIBIT 8(z)
FORM OF AGREEMENT
Agreement, dated December 10, 2002, between Janus Capital Management
LLC, a Delaware Limited Liability Corporation ("JCM"), and Janus Investment
Fund, a Massachusetts Business Trust (the "Trust").
Pursuant to the Investment Advisory Agreement between JCM and the
Trust, with respect to Janus Mid Cap Value Fund ("Fund"), that provides that JCM
may perform certain administrative and clerical functions and shall be
reimbursed for the costs thereof or receive such compensation therefor as may be
agreed upon from time to time, JCC and the Trust agree as follows:
1. JCM shall perform all necessary and appropriate internal accounting,
recordkeeping, and blue sky monitoring and registration functions of the Trust,
including the preparation of reports and returns incidental thereto.
2. The Trust shall reimburse to JCM on a monthly basis the reasonable
costs incurred by JCM in performing the functions described herein, including
without limitation the salaries of JCM personnel performing those functions,
applicable systems costs, and other ancillary costs such as costs associated
with DTC confirms and the costs of the pricing feed into such systems.
3. In addition to expenses specified in Section 2, the Trust shall
compensate JCM for its administrative services performed under this Agreement at
the annual rate of 0.05% of the average daily net assets of the Fund, calculated
daily and payable monthly.
JANUS CAPITAL MANAGEMENT LLC
By:
-----------------------------------
Xxxxxx X. Early, Vice President
JANUS INVESTMENT FUND
By:
-----------------------------------
Xxxxxx Xxxxxx Xxxxx, Vice President
