BRIGHTHOUSE FUNDS TRUST II AMENDMENT NO. 2 TO THE SUB-INVESTMENT MANAGEMENT AGREEMENT (T. ROWE PRICE LARGE CAP GROWTH PORTFOLIO)
Exhibit (d)(b)(21)(ii)
AMENDMENT NO. 2 TO THE SUB-INVESTMENT MANAGEMENT
AGREEMENT
(X. XXXX PRICE LARGE CAP GROWTH PORTFOLIO)
This Amendment No. 2 to the Sub-Investment Management Agreement (the “Agreement”) dated August 4, 2017, by and between Brighthouse Funds Trust II (the “Trust”), Brighthouse Investment Advisers, LLC, (the “Adviser”), and X. Xxxx Price Associates, Inc. (the “Subadviser”) with respect to the X. Xxxx Price Large Cap Growth Portfolio, a series of the Trust, is entered into effective the 1st of July 2020.
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 5 of the Agreement, the Appendix, which contains the schedule of fees, is deleted and replaced with the following: |
Asset Range of the Portfolio is below $100,000,000:
0.500% on the first $50,000,000
0.400% on the next $50,000,000
Asset Range of the Portfolio $100,000,000 to $1,000,000,000:
0.400% on the first $250,000,000
0.375% on the next $250,000,000
0.350% on the next $500,000,000
Asset Range of the Portfolio over $1,000,000,000:
0.300% on the first $3,000,000,000
0.275% on all assets above $3,000,000,000
| 2. | All other terms and conditions of the Agreement shall remain in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of
Oct 5, 2020
________________________________.
| By: |
/s/ Xxxxxx Xxxxxx | |
| Name: Xxxxxx Xxxxxx | ||
| Title: President | ||
| 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 | ||
