JOHN HANCOCK Sovereign bond fund (on behalf of John Hancock Bond Fund) AMENDMENT TO ADVISORY AGREEMENT
XXXX XXXXXXX Sovereign bond fund
(on behalf of Xxxx Xxxxxxx Xxxx Fund)
AMENDMENT TO ADVISORY AGREEMENT
AMENDMENT made this 1st day of July, 2011, to the Advisory Agreement dated July 1, 2009 (the “Agreement”), between Xxxx Xxxxxxx Sovereign Bond Fund, a Massachusetts business trust, on behalf of its series, Xxxx Xxxxxxx Xxxx Fund, and Xxxx Xxxxxxx Advisers, LLC, a Delaware limited liability company. 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 4 of the Agreement, “Compensation of Adviser,” is hereby amended to reflect the following fee schedule:
|
|
Percentage of Average Daily Net Assets |
|||||
|
Fund |
First $500 million of Average Daily Net Assets |
Next $500 million of Average Daily Net Assets |
Next $500 million of Average Daily Net Assets |
Next $500 million of Average Daily Net Assets |
Next $500 million of Average Daily Net Assets |
Excess over $2.5 billion of Average Daily Net Assets |
|
Xxxx Xxxxxxx Xxxx Fund |
0.500% |
0.475% |
0.450% |
0.450% |
0.400% |
0.350% |
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.
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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 SOVEREIGN BOND FUND,
on behalf of Xxxx Xxxxxxx Xxxx Fund
By: /s/Xxxxxx Xxxxxx
Xxxxxx Xxxxxx
Senior Vice President and Chief Operating Officer
XXXX XXXXXXX ADVISERS, LLC
By: /s/Xxxxx X. Xxxxxxxxx
Xxxxx X. Xxxxxxxxx
President and Chief Executive Officer
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