Amendment to JNL/Van Eck International Gold Fund Ltd. Investment Sub-Advisory Agreement
EX 99.28(d)(19)(vi)
Amendment to JNL/Xxx Xxx International Gold Fund Ltd.
Investment Sub-Advisory Agreement
This Amendment is made by and among Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (the “Adviser”), Xxx Xxx Associates Corporation, a Delaware corporation and registered investment adviser (the “Sub-Adviser”).
Whereas, the Adviser, the Sub-Adviser, and the Trust entered into an Investment Sub-Advisory Agreement effective as of the 27th day of April, 2015, as amended December 3, 2015 (the “Agreement”), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to JNL/Xxx Xxx International Gold Fund Ltd.
Whereas, the parties have agreed to amend the following section of the Agreement:
Section 3. “Management.”
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
The following shall be inserted as sub-paragraph h) in Section 3. “Management.” under the heading entitled: “The Sub-Adviser further agrees that it:”
| h) |
at its expense, will furnish: (i) all necessary facilities and personnel, including salaries, expenses, and fees of any personnel required for the Sub-Adviser to faithfully perform its duties under this Agreement; and (ii) administrative facilities, including bookkeeping, and all equipment necessary for the efficient conduct of the Sub-Adviser’s duties under this Agreement. The Sub-Adviser shall, at its expense, bear any fees or costs associated with regulatory investigations or litigation arising from or pertaining to (i) the services provided by the Sub-Adviser under the Agreement (but excluding litigation for services provided and/or fees charged by the Adviser); and (ii) the Sub-Adviser’s general business operations that require the involvement or participation of the Adviser, the Fund, and/or any Trustee of the Fund.
|
In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of this 20 day of December 2016, effective December 14, 2016.
|
Xxxxxxx National Asset Management, LLC
|
Xxx Xxx Associates Corporation
|
|||
|
By:
|
/s/ Xxxx X. Xxxxx
|
By:
|
/s/ Xxxxxxx Xxxxxxxx
|
|
|
Name:
|
Xxxx X. Xxxxx
|
Name:
|
Xxxxxxx Xxxxxxxx
|
|
|
Title:
|
President and CEO
|
Title
|
Assistant Vice President
|
|
