JOHN HANCOCK FUNDS III AMENDMENT TO SUB-ADVISORY AGREEMENT
XXXX XXXXXXX FUNDS III
AMENDMENT TO SUB-ADVISORY AGREEMENT
AMENDMENT made as of the 6th of December, 2011 to the Sub-Advisory Agreement dated December
13, 2010, as amended (the “Agreement”), among Xxxx Xxxxxxx Investment Management Services, LLC, a
Delaware limited liability company (the “Adviser”), and Xxxx Xxxxxxx Asset Management (US), LLC
(formerly, MFC Global Investment Management (U.S.), LLC), a Delaware limited liability
company (the “Subadviser”). In consideration of the mutual covenants contained herein, the parties
agree as follows:
1. | CHANGE IN APPENDIX A |
Appendix A of the Agreement, which relates to Section 3 of the Agreement, “Compensation of
Subadviser,” is hereby amended and restated to add the following series of the Trust, as shown in
Appendix A hereto:
Xxxx Xxxxxxx Strategic Growth Fund
2. | EFFECTIVE DATE |
This Amendment shall become effective as of the date first mentioned above.
3. | DEFINED TERMS |
Unless otherwise defined herein, capitalized terms used herein have the meanings specified in
or pursuant to the Agreement.
4. | OTHER TERMS OF THE AGREEMENT |
Except as specifically amended hereby, all of the terms and conditions of the Agreement shall
continue to be in full force and effect and shall be binding upon the parties in accordance with
their respective terms.
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.
XXXX XXXXXXX INVESTMENT MANAGEMENT SERVICES, LLC | ||||
By: | /s/Xxxxxx X. Xxxxxx | |||
Xxxxxx X. Xxxxxx | ||||
Executive Vice President and Chief Investment Officer | ||||
XXXX XXXXXXX ASSET MANAGEMENT (US) LLC |
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By: | /s/Xxxxx X. Xxxxx | |||
Xxxxx X. Xxxxx | ||||
President, Chief Operating Officer and Chief Fixed Income Officer |
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APPENDIX A
The Subadviser shall serve as investment subadviser for the Portfolio(s) of the Trust. The
Adviser will pay the Subadviser, as full compensation for all services provided under this
Agreement with respect to the Portfolio(s), the fee computed separately for such Portfolio at an
annual rate as follows (the “Subadviser Fee”):
First | Next | Excess | ||||||||||||
$100 | $900 | Next | Next | Next | over | |||||||||
million | X million | $1 billion | $1 billion | $1 billion | $4 billion | |||||||||
of | of | of | of | of | of | |||||||||
Portfolio | Net Assets | Net Assets | Net Assets | Net Assets | Net Assets | Net Assets | ||||||||
Xxxx Xxxxxxx International Value Equity Fund |
First | Next | Next | Over $1.5 | |||||||
$500 million | $500 million | $500 million | billion | |||||||
of | of | of | of | |||||||
Portfolio | Net Assets | Net Assets | Net Assets | Net Assets | ||||||
Xxxx Xxxxxxx Strategic Growth Fund |
The Subadviser Fee for each Portfolio shall be accrued for each calendar day and the sum
of the daily fee accruals shall be paid monthly to the Subadviser within 30 calendar days of the
end of each month. 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 each Portfolio. For purposes of
determining net assets of each Portfolio and calculating the Subadviser Fee, the net assets of such
Portfolio are determined as of the close of business on the previous business day of the Trust.
The Adviser shall provide Subadviser with such information as Subadviser may reasonably request
supporting the calculation of the fees paid to it hereunder. Fees shall be paid either by wire
transfer or check, as directed by Subadviser.
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