Addendum to Management Agreement between Lord Abbett Investment Trust and Lord, Abbett & Co. LLC Dated: December 14, 2007 (the “Addendum”)
Exhibit 99.(xx)
Addendum to Management Agreement between
Lord Xxxxxx Investment Trust
and
Lord, Xxxxxx & Co. LLC
Dated: December 14, 2007 (the “Addendum”)
Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”) and Lord Xxxxxx Investment Trust (the “Trust”), on behalf of its Lord Xxxxxx Floating Rate Fund (the “Fund”), do hereby agree that the annual management fee rate for the Fund with respect to paragraph 2 of the management agreement dated October 20, 1993 (“Management Agreement”) shall be as follows: 0.50 of 1% of the first $1 billion of the Fund’s average daily net assets, and 0.45 of 1% of such assets in excess of $1 billion.
For purposes of Section 15(a) of the Act, this Addendum, together with the Management Agreement and addenda thereto insofar as they have not been superseded, shall together constitute the investment advisory contract of the Trust.
|
LORD, XXXXXX & CO. LLC |
||
|
|
||
|
|
|
|
|
BY: |
/s/ Xxxxxxxx X. Xxxxxx |
|
|
|
Xxxxxxxx X. Xxxxxx |
|
|
|
Member and General Counsel |
|
|
|
|
|
|
|
|
|
|
LORD XXXXXX INVESTMENT TRUST |
||
|
|
|
|
|
|
|
|
|
BY: |
/s/ Xxxxxxxx X. Xxxxxxx |
|
|
|
Xxxxxxxx X. Xxxxxxx |
|
|
|
Vice President and Assistant Secretary |