APPENDIX A WELLS CAPITAL MANAGEMENT INCORPORATED INVESTMENT SUB-ADVISORY AGREEMENT WELLS FARGO VARIABLE TRUST Variable Trust Funds1 VT Asset Allocation Fund VT Discovery Fund VT Equity Income Fund VT Money Market Fund VT Small/Mid Cap Value Fund VT...
EX-99 B(d)(2)(iii)
APPENDIX A
XXXXX CAPITAL MANAGEMENT INCORPORATED
INVESTMENT SUB-ADVISORY AGREEMENT
XXXXX FARGO VARIABLE TRUST
Variable Trust Funds1
VT Asset Allocation Fund
VT Discovery Fund
VT Equity Income Fund
VT Money Market Fund
VT Small/Mid Cap Value Fund
VT Opportunity Fund
VT Small Cap Growth Fund
VT Total Return Bond Fund
Most recent annual approval by the Board of Trustees: April 4, 2005
Appendix A amended: February 8, 2006
| 1 | On February 8, 2006, the Board of Trustees approved name changes to the Xxxxx Fargo Variable Trust Funds, which will become effective May 2006. |
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SCHEDULE A
XXXXX CAPITAL MANAGEMENT
INVESTMENT SUB-ADVISORY AGREEMENT
FEE AGREEMENT
XXXXX FARGO VARIABLE TRUST
This fee agreement is made as of the 1st day of May, 2003, between Xxxxx Fargo Funds Management, LLC (the “Adviser”) and Xxxxx Capital Management Incorporated (the “Sub-Adviser”) and
WHEREAS, the parties and Xxxxx Fargo Variable Trust (the “Trust”) have entered into an Investment Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides investment management advice to each series of the Trust as listed in Appendix A to the Sub-Advisory Agreement (each a “Fund” and collectively the “Funds”).
WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as agreed upon in writing by the parties.
NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated as follows on a monthly basis by applying the following annual rates for each Fund listed in Appendix A:
| Name of Fund1 |
Sub-Advisory Rate | |||
| VT Asset Allocation Fund |
0-100M 100-200M >200M |
0.15 0.125 0.10 | ||
| VT Discovery Fund |
0-100M 100-200M >200M |
0.45 0.40 0.35 | ||
| VT Equity Income Fund |
0-100M 100-200M 200-500M >500M |
0.35 0.30 0.20 0.15 | ||
| VT Money Market Fund |
0-1B 1-3B 3-6B >6B |
0.05 0.03 0.02 0.01 | ||
| VT Small/Mid Cap Value Fund |
0-100M 100-200M >200M |
0.45 0.40 0.35 | ||
| 1 | On February 8, 2006, the Board of Trustees approved name changes to the Xxxxx Fargo Variable Trust Funds, which will become effective May 2006. |
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| Name of Fund1 |
Sub-Advisory Rate | |||
| VT Opportunity Fund |
0-100M 100-200M >200M |
0.45 0.40 0.30 | ||
| VT Small Cap Growth Fund |
0-100M 100-200M >200M |
0.55 0.50 0.40 | ||
| VT Total Return Bond Fund |
0-100M 100-300M 300-500M >500M |
0.20 0.175 0.15 0.10 | ||
| 1 | On February 8, 2006, the Board of Trustees approved name changes to the Xxxxx Fargo Variable Trust Funds, which will become effective May 2006. |
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The foregoing fee schedule is agreed to as of February 8, 2006 and shall remain in effect until changed in writing by the parties.
| XXXXX FARGO FUNDS MANAGEMENT, LLC | ||
| By: | /s/ Xxxxxx Xxxx | |
| Xxxxxx Xxxx | ||
| Senior Vice President | ||
| XXXXX CAPITAL MANAGEMENT INCORPORATED | ||
| By: | /s/ Xxxxx X’Xxxxx | |
| Xxxxx X’Xxxxx | ||
| Chief Financial Officer | ||
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