1047605.2
- 2 -
AMENDMENT TO SUB-INVESTMENT ADVISORY AGREEMENT
Effective May 14, 2002
Credit Suisse Asset Management Limited
Beaufort House
00 Xx. Xxxxxxx Xxxxxx
Xxxxxx XX0X 0XX
Dear Sirs:
This amends the Sub-Investment Advisory Agreement (the
"Sub-Advisory Agreement") dated as of July 14, 2000 by and among
Credit Suisse Trust, on behalf of the Emerging Markets Portfolio,
a duly organized series thereof (the "Portfolio"), Credit Suisse
Asset Management, LLC ("CSAM") and Credit Suisse Asset Management
Limited (the "Sub-Adviser"). Capitalized terms used herein but
not otherwise defined shall have the meanings set forth in the
Sub-Advisory Agreement.
In consideration of the covenants and agreements
expressed herein, the parties agree as follows:
1. Effective May 14, 2002, Section 10 of the Sub-
Advisory Agreement is hereby amended and restated in its entirety
as follows:
"Compensation
In consideration of the services rendered pursuant to
this Agreement, CSAM will pay the Sub-Adviser such amounts
as the parties may agree upon from time to time as set
forth on Schedule A, as amended from time to time."
Fees shall cease to accrue under the previous
compensation structure on May 14, 2002 and such fees shall
be paid to the Sub-Adviser as soon as practicable after the
end of the month of May 2002.
2. Schedule A to the Sub-Advisory Agreement will read as
follows:
"SCHEDULE A
CSAM will pay the Sub-Adviser a fee of $250,000 per
annum (the "Total Fee"), one quarter of which shall be
payable in U.S. dollars in arrears on the last business day
of each calendar quarter. The fee for the first period
during which this Agreement is in effect shall be pro-rated
for the portion of the calendar quarter that the Agreement
is in effect. The Total Fee shall be an aggregate fee paid
for services rendered with respect to this Portfolio and
such other Credit Suisse Funds for which the Sub-Adviser
has been appointed as such and which CSAM and the
Sub-Adviser agree will be governed by this fee schedule."
3. The parties agree that the provisions of the Sub-
Advisory Agreement as amended by this Amendment shall continue in
full force and effect.
[signature page follows]
Please confirm that the foregoing is in accordance with
your understanding by indicating your acceptance hereof at the
place below indicated, whereupon it shall become a binding
agreement between us.
Very truly yours,
CREDIT SUISSE ASSET MANAGEMENT, LLC
By: /s/Xxx Xxxxxx
Name: Xxx Xxxxxx
Title: Managing Director
CREDIT SUISSE TRUST on behalf of its
EMERGING MARKETS PORTFOLIO
By: /s/Xxx Xxxxxx
Name: Xxx Xxxxxx
Title: Vice President and Secretary
CREDIT SUISSE ASSET
MANAGEMENT LIMITED
By: /s/SR Xxxxxxx X. Xxxxxxxx
Name: SR Xxxxxxx X. Xxxxxxxx
Title: Director Director (legal)
