JOHN HANCOCK BOND TRUST JOHN HANCOCK CALIFORNIA TAX FREE INCOME FUND JOHN HANCOCK MUNICIPAL SECURITIES TRUST AMENDMENT TO SUB-ADVISORY AGREEMENT
XXXX XXXXXXX XXXX TRUST
XXXX XXXXXXX CALIFORNIA TAX FREE INCOME FUND
XXXX XXXXXXX MUNICIPAL SECURITIES TRUST
AMENDMENT TO SUB-ADVISORY AGREEMENT
AMENDMENT made as of this 1st of October, 2009 to the Sub-Advisory Agreement dated December 31, 2005 as amended (the “Agreement”), among Xxxx Xxxxxxx Advisers, LLC, a Delaware limited liability company, MFC Global Investment Management (U.S.), LLC (formerly, Sovereign Asset Management, LLC), a Delaware limited liability company, and each of the investment companies listed above. 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 Sub-Adviser,” is hereby amended as shown in Appendix A hereto.
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 ADVISERS, LLC
By: /s/Xxxxx X. Xxxxxxxxx
Xxxxx X. Xxxxxxxxx
President and Chief Executive Officer
MFC GLOBAL INVESTMENT MANAGEMENT (U.S.) LLC
By: /s/Xxxxx X. Xxxxx
Xxxxx X. Xxxxx
President & Chief Investment Officer
XXXX XXXXXXX XXXX TRUST, on behalf of its series listed in this Amendment
XXXX XXXXXXX CALIFORNIA TAX-FREE INCOME FUND, on behalf of its series listed in this Amendment
XXXX XXXXXXX MUNICIPAL SECURITIES TRUST, on behalf of its series listed in this Amendment
By: /s/Xxxxx X. Xxxxxxxxx
Xxxxx X. Xxxxxxxxx
President and Chief Executive Officer
APPENDIX A
XXXX XXXXXXX XXXX TRUST
|
|
Percentage of Average Daily Net Assets | ||||
|
Fund |
First $300 million |
Next $300 million |
Next $400 million |
Next $1 billion |
Excess over $2 billion |
|
Xxxx Xxxxxxx Government Income Fund |
[XX]% |
[XX]% |
[XX]% |
[XX]% |
[XX]% |
XXXX XXXXXXX CALIFORNIA TAX FREE INCOME FUND
|
|
Percentage of Average Daily Net Assets | |||
|
Fund |
First $500 million |
Next $500 million |
Next $1 billion |
Excess over $2 billion |
|
Xxxx Xxxxxxx California Tax-Free Income Fund |
[XX]% |
[XX]% |
[XX]% |
[XX]% |
XXXX XXXXXXX MUNICIPAL SECURITIES TRUST
|
|
Percentage of Average Daily Net Assets | ||||
|
Fund |
First $75 million |
Next $75 million |
Next $1.85 billion |
Next $2 billion |
Excess over $4 billion |
|
Xxxx Xxxxxxx High Yield Municipal Bond Fund |
[XX]% |
[XX]% |
[XX]% |
[XX]% |
[XX]% |
|
|
Percentage of Average Daily Net Assets | ||||
|
Fund |
First $500 million |
Next $500 million |
Next $2 billion |
Excess over $3 billion |
|
|
Xxxx Xxxxxxx Tax-Free Bond Fund |
[XX]% |
[XX]% |
[XX]% |
[XX]% |
|
