Amendment to Subadvisory Agreement for AST T. ROWE PRICE LARGE-CAP GROWTH PORTFOLIO
Amendment to Subadvisory Agreement
for AST X. XXXX PRICE LARGE-CAP GROWTH PORTFOLIO
AST Investment Services, Inc. and PGIM Investments LLC (formerly, Prudential Investments LLC) and X. Xxxx Price Associates, Inc. hereby agree to amend the Subadvisory Agreement, dated as of November 29, 2005, by and among AST Investment Services, Inc., PGIM Investments LLC, and X. Xxxx Price Associates, Inc., pursuant to which X. Xxxx Price Associates, Inc. has been retained to provide investment advisory services to the AST X. Xxxx Price Large-Cap Growth Portfolio as follows;
| 1. | Schedule A is hereby deleted and replaced with the attached Schedule A. |
IN WITNESS HEREOF, AST Investment Services, Inc., PGIM Investments LLC, and X. Xxxx Price Associates, Inc. have duly executed this Amendment as of the effective date of this Amendment.
AST Investment Services, Inc.
By: /s/ Xxxxxxx Xxxxxx
Name: Xxxxxxx Xxxxxx
Title: Vice President
PGIM INVESTMENTS LLC
By: /s/ Xxxxxxx Xxxxxx
Name: Xxxxxxx Xxxxxx
Title: Vice President
X. Xxxx price associates, inc.
By: /s/ Xxxxxxx X. Xxxxxxxx
Name: Xxxxxxx X. Xxxxxxxx
Title: Vice President
Effective Date as Revised:
June 1, 2017
SCHEDULE A
AST X. Xxxx Price Large-Cap Growth
Portfolio
As compensation for services provided by X. Xxxx Price Associates, Inc., AST Investment Services, Inc. and PGIM Investments, LLC, as applicable, will pay X. Xxxx Price Associates, Inc. an advisory fee on the net assets managed by X. Xxxx Price Associates, Inc. that is equal, on an annualized basis, to the following:
| Portfolio Name | Advisory Fee* |
| AST X. Xxxx Price Large Cap Growth Portfolio |
Portfolio average daily net assets up to $100 million:
0.500% of average daily net assets to $50 million; and 0.400% of average daily net assets over $50 million.
0.400% of average daily net assets on all assets up to $100 million; and 0.400% of average daily net assets over $100 million to $250 million; and 0.375% of average daily net assets over $250 million to $500 million; and 0.350% of average daily net assets over $500 million to $1 billion.
When Portfolio average daily net assets exceed $1 billion:
0.300% of average daily net assets on all assets
|
* In the event X. Xxxx Price Associates, Inc. invests Portfolio assets in other pooled investment vehicles it manages or subadvises, X. Xxxx Price Associates, Inc. will waive its subadvisory fee for the Portfolio in an amount equal to the acquired fund fee paid to X. Xxxx Price Associates, Inc. with respect to the Portfolio assets invested in such acquired fund. Notwithstanding the foregoing, the subadvisory fee waivers will not exceed 100% of the subadvisory fee.
Effective Date as Revised: June 1, 2017
