AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND LOOMIS, SAYLES & COMPANY, L.P.

AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN

TRANSAMERICA ASSET MANAGEMENT, INC. AND

XXXXXX, XXXXXX & COMPANY, L.P.

THIS AMENDMENT is made as of July 1, 2011, to the Sub-Advisory Agreement dated January 2, 2007, as amended (the “Agreement”), between Transamerica Asset Management, Inc. and Xxxxxx, Xxxxxx & Company, L.P. (the “Sub-Adviser”).

In consideration of the mutual covenants contained herein, the parties agree as follows:

Schedule A. Schedule A to the Agreement is hereby deleted entirely and replaced as follows:

FUND		SUB-ADVISER COMPENSATION*
Transamerica Xxxxxx Xxxxxx Bond		0.325% of the first $200 million 0.300% over $200 million up to $750 million 0.275% over $750 million

* As a percentage of average daily net assets on an annual basis.

In all other respects, the Agreement dated January 2, 2007, as amended, is confirmed and remains in full force and effect.

The parties hereto have caused this amendment to be executed as of July 1, 2011.

TRANSAMERICA ASSET MANAGEMENT, INC.
By:		/s/ Xxxxxxxxxxx X. Xxxxxxx
Name:		Xxxxxxxxxxx X. Xxxxxxx
Title:		Senior Vice President-Investment Management and Chief Investment Officer
XXXXXX, XXXXXX & COMPANY, L.P.
By:		/s/ Xxxxxx X. Xxxxxxx
Name:		Xxxxxx X. Xxxxxxx
Title:		Vice President