AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND TRANSAMERICA INVESTMENT MANAGEMENT, LLC
Exhibit 99(d)(10)
AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC. AND
TRANSAMERICA INVESTMENT MANAGEMENT, LLC
THIS AMENDMENT is made as of the close of business April 30, 2010 to the Sub-Advisory Agreement dated October 27, 2006, as amended, (the “Agreement”), between Transamerica Asset Management, Inc. and Transamerica Investment Management, LLC (the “Sub-Adviser”) on behalf of Transamerica Xxxxxxxxx Global VP (the “Portfolio”). In consideration of the mutual covenants contained herein, the parties agree as follows:
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1. |
Fund Change. Any references to Transamerica Xxxxxxxxx Global VP are revised to mean Transamerica Diversified Equity VP, in response to the restructuring of the Portfolio, effective as of the close of business April 30, 2010. |
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2. |
Notice Information. Certain information in Section 14 “Notices” is revised as follows: |
Transamerica Investment
Management, LLC
00000 Xxxxx Xxxxxx Xxxx., Xxxxx 000
Xxx Xxxxxxx, XX 00000 Attn: General Counsel
Telephone: (000) 000-0000
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3. |
Schedule A. Schedule A to the Agreement is hereby deleted and replaced in its entirety with the attached revised Schedule A, effective as of the close of business April 30, 2010. |
In all other respects, the Sub-Advisory Agreement dated October 27, 2006, as amended, is confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of the close of business April 30, 2010.
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TRANSAMERICA ASSET MANAGEMENT, INC. |
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By: |
/s/ Xxxxxxxxxxx X. Xxxxxxx |
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Name: |
Xxxxxxxxxxx X. Xxxxxxx |
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Title: |
Senior Vice President |
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Date: |
4/30/2010 |
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TRANSAMERICA INVESTMENT MANAGEMENT, LLC |
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By: |
/s/ Xxxx X. Xxxxx |
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Name: |
Xxxx X. Xxxxx |
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Title: |
Managing Director |
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Date: |
4/30/2010 |
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Schedule A
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Portfolio |
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Sub-Adviser Compensation* |
Transamerica Diversified Equity VP |
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0.35%
of the first $500 million of average daily net assets; |
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* |
As a percentage of average daily net assets on an annual basis. |
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** |
The average daily net assets for the purpose of calculating sub-advisory fees will be determined on a combined basis with Transamerica Diversified Equity, a series of Transamerica Funds, also managed by the Sub-Adviser. |