AMENDMENT TO SECOND AMENDED AND RESTATED INVESTMENT SUB-ADVISORY AGREEMENT
AMENDMENT
TO
SECOND AMENDED AND RESTATED
INVESTMENT SUB-ADVISORY AGREEMENT
THIS AMENDMENT is made as of the 2nd day of June, 2022, by and between Xxxxx Street Advisors, LLC (the “Adviser”) and Fiduciary Management, Inc., a Wisconsin corporation (the “Sub-Adviser”).
WHEREAS, the Adviser and the Sub-Adviser are parties to a Second Amended and Restated Investment Sub-Advisory Agreement dated June 5, 2019 (the “Agreement”) relating to the Northwestern Mutual Series Fund, Inc.’s Large Cap Blend Portfolio (the “Portfolio”); and
WHEREAS, the Adviser and the Sub-Adviser desire to amend the Agreement to modify the investment sub-advisory fee payable with respect to the Portfolio as set forth in this Amendment.
NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree as follows:
1. Schedule A to the Agreement shall be modified by deleting the fee schedule applicable to the Portfolio as set forth therein and replacing it with the Portfolio fee schedule set forth on Exhibit A attached to this Amendment, the content of which is hereby incorporated herein by this reference.
2. Except as modified by this Amendment, the Agreement shall remain in full force and effect, and it is hereby ratified and confirmed.
3. This Amendment may be executed in two or more counterparts, all of which when taken together shall constitute one instrument.
4. The parties agree that this Amendment and any documents related hereto may be electronically signed. The parties agree that any electronic signatures appearing on this Amendment and any related documents are the same as handwritten signatures for the purposes of validity, enforceability and admissibility.
IN WITNESS WHEREOF, each party has caused this Amendment to be signed below by a duly authorized officer with full power and authority to execute this Amendment.
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| FIDUCIARY MANAGEMENT, INC. | XXXXX STREET ADVISORS, LLC | |||||||
| By: | /s/ Xxxx X. Xxxxxxxx | By: | /s/ Xxxxxx X. Xxxxxxx | |||||
| Name: | Xxxx X. Xxxxxxxx | Name: | Xxxxxx X. Xxxxxxx | |||||
| Title: | President | Title: | President | |||||
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EXHIBIT A
SCHEDULE A
TO
SECOND AMENDED AND RESTATED
INVESTMENT SUB-ADVISORY AGREEMENT
BETWEEN
XXXXX STREET ADVISORS, LLC
AND
FIDUCIARY MANAGEMENT, INC.
As Amended June 2, 2022
Fee Effective As Of : July 1, 2022
|
Portfolio
|
Fee
| |
| Large Cap Blend Portfolio |
1st $25 Million: 0.45% | |
| 2nd $25 Million: 0.40% | ||
| Next $50 Million: 0.38% | ||
| Over $100 Million: 0.30% |
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