BRIGHTHOUSE FUNDS TRUST I AMENDMENT NO. 1 TO THE SUBADVISORY AGREEMENT (T. ROWE PRICE MID-CAP GROWTH PORTFOLIO)
Exhibit (d)(39)(i)
AMENDMENT NO. 1
TO THE
(X. XXXX PRICE MID-CAP GROWTH PORTFOLIO)
AMENDMENT made this 1st day of January, 2022 to the Investment Subadvisory Agreement dated August 4, 2017 (the “Agreement”), by and between Brighthouse Investment Advisers, LLC, a Delaware limited liability company (the “Adviser”), and X. Xxxx Price Associates, Inc., a Maryland corporation (the “Subadviser”) with respect to the X. Xxxx Price Mid-Cap Growth Portfolio (the “Portfolio”).
WHEREAS, the Agreement provides for the Subadviser to provide certain investment advisory services for the Adviser, for which the Subadviser is to receive agreed upon fees; and
WHEREAS, the parties wish to amend certain provisions of the Agreement as set forth herein;
NOW, THEREFORE, in consideration of the mutual promises, representations, and warranties made herein, covenants and agreements hereinafter contained, and, for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the parties agree as follows:
1. | Pursuant to Article 8 of the Agreement, Schedule A, which contains the schedule of fees, is hereby deleted in its entirety and replaced with the following: |
Asset Range of the Portfolio is below $50,000,000:
0.500% on the first $50,000,000
Asset Range of the Portfolio reaches $50,000,000 to below $1,000,000,000:
0.500% on the next $950,000,000
Asset Range of the Portfolio reaches $1,000,000,000 or above:
0.425% on all assets
2. | In all other respects, the Agreement is confirmed and remains in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the 1st day of January, 2022
BRIGHTHOUSE INVESTMENT ADVISERS, LLC | ||||
By: | /s/ Xxxxxx Xxxxxx | |||
Name: | Xxxxxx Xxxxxx |
Title: President | ||
X. XXXX PRICE ASSOCIATES, INC. | ||
By: | /s/ Xxxxxxx Xxxxxxxx | |
Name: Xxxxxxx Xxxxxxxx | ||
Title: Vice President |