EX-99.(2)(ii)
SCHEDULE A
XXXXX FARGO VARIABLE TRUST
INVESTMENT SUB-ADVISORY AGREEMENT
FEE AGREEMENT
This fee agreement is made as of the 1st day of March, 2001, by and between
Xxxxx Fargo Funds Management, LLC (the "Adviser") and Peregrine Capital
Management, Inc. (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 annual rate of percentage of the assets:
Name of Fund Breakpoints Sub-Advisory Rate
------------ ----------- -----------------
VT Large Company Growth Fund/1/ First 25M 0.75%
Next 25M 0.60%
Next 225M 0.50%
Over 275M 0.30%
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1 On August 9, 2006 the Board of Trustees approved the following sub-advisory
rate changes to the VT Large Company Growth Fund, effective September 1,
2006: First 25M 0.56%, Next 25M 0.45%, Next 225M 0.375%, Over 275M 0.225%
1
The foregoing fee schedule is agreed to as of September 1, 2006 and shall
remain in effect until changed in writing by the parties.
XXXXX FARGO FUNDS MANAGEMENT, LLC
By:
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Xxxxxx Xxxx
Senior Vice President
PEREGRINE CAPITAL MANAGEMENT, INC.
By:
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Xxxxxx X. Xxxxxx
President
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