Exhibit (d)(3)(x)
CDC NVEST STAR ADVISERS FUND
Amendment No. 1 to the Subadvisory Agreement
(Xxxxxx Associates L.P.)
June 1, 2001
Pursuant to Section 11 of the Subadvisory Agreement (the "Agreement") dated
October 30, 2000 among CDC Nvest Funds Trust I, with respect to its CDC Nvest
Star Advisers Fund series (the "Series"), CDC IXIS Asset Management Advisers,
L.P. (the "Manager", formerly Nvest Funds Management, L.P.) and Xxxxxx
Associates L.P. (the "Subadviser"), the Agreement is hereby amended by deleting
Section 7 and replacing it with the following:
7. Compensation of the Subadviser. As full compensation for all services
rendered, facilities furnished and expenses borne by the Subadviser hereunder,
the Subadviser shall be paid at the annual rate of 0.65% of the first $50
million of its Segment's average daily net assets, 0.60% of the next $50 million
of its Segment's average daily net assets, 0.55% of the next $400 million of its
Segment's average daily net assets and 0.50% of its Segment's average daily net
assets in excess of $500 million. Such compensation shall be paid by the Trust
(except to the extent that the Trust, the Subadviser and the Manager otherwise
agree in writing from time to time). Such compensation shall be payable monthly
in arrears or at such other intervals, not less frequently than quarterly, as
the Manager is paid by the Series pursuant to the Advisory Agreement.
CDC IXIS ASSET MANAGEMENT ADVISERS, L.P.
By: CDC IXIS Asset Management Distribution Corporation, its general partner
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: President
XXXXXX ASSOCIATES L.P.
By: Xxxxxx Associates Inc., its general partner
By: /s/ Xxxxx X. Xxxxxx
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Name: Xxxxx X. Xxxxxx
Title: Chief Operating Officer
CDC NVEST FUNDS TRUST I
On behalf of its CDC Nvest Star Advisers Fund series
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: President
