EXHIBIT d.(xi)
Amendment Number 4 to
Investment Sub-Advisory Agreement
AMENDMENT NUMBER 4 TO
INVESTMENT SUB-ADVISORY AGREEMENT
The Investment Sub-Advisory Agreement between HL Investment Advisors,
LLC ("HL Advisors"), formerly known as HL Investment Advisors, Inc., and
Wellington Management Company, LLP ("Wellington Management") dated May 29, 1998,
as amended (the "Agreement") is hereby amended to include Hartford Focus HLS
Fund, Hartford International Capital Appreciation HLS Fund, Hartford
International Small Company HLS Fund, Hartford MidCap Value HLS Fund, and
Hartford Value HLS Fund (the "New Funds") as five new Portfolios. All provisions
in the Agreement shall also apply to the New Funds except as stated below.
The sub-advisory fee shall be accrued daily and paid quarterly, based
upon the following annual rates and upon the calculated daily net asset value as
stated below:
Hartford Focus HLS Fund
NET ASSET VALUE ANNUAL RATE
--------------- -----------
First $50 million 0.40%
Next $100 million 0.30%
Over $150 million 0.25%
Hartford International Capital Appreciation HLS Fund
NET ASSET VALUE ANNUAL RATE
--------------- -----------
First $50 million 0.400%
First $100 million 0.300%
Next $350 million 0.250%
Over $500 million 0.225%
Hartford International Small Company HLS Fund
NET ASSET VALUE ANNUAL RATE
--------------- -----------
First $50 million 0.400%
Next $100 million 0.350%
Over $150 million 0.275%
Hartford MidCap Value HLS Fund
NET ASSET VALUE ANNUAL RATE
--------------- -----------
First $50 million 0.400%
First $100 million 0.300%
Next $350 million 0.250%
Over $500 million 0.200%
Hartford Value HLS Fund
NET ASSET VALUE ANNUAL RATE
--------------- -----------
First $50 million 0.350%
First $100 million 0.275%
Next $350 million 0.225%
Over $500 million 0.175%
Wellington Management will waive sub-advisory fees for each New Fund
until the assets reach $50 million (excluding seed money) or until six (6)
months from seeding the Fund, whichever occurs first.
This amended Agreement is effective for a period of two years from the
date hereof and shall continue in effect thereafter in accordance with the
provisions of Section 9 of the Agreement.
IN WITNESS WHEREOF, the parties hereto have caused this amendment to be
executed on the 30th day of April, 2001.
HL INVESTMENT ADVISORS, LLC
By: /s/ Xxxxx X. Xxxxxxxxxxxx
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Xxxxx X. Xxxxxxxxxxxx
Senior Vice President
WELLINGTON MANAGEMENT COMPANY, LLP
By: /s/ Xxxxxx X. XxXxxxxxx
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Xxxxxx X. XxXxxxxxx
President and Chief Executive Officer
