Amendment to Amended and Restated Administration Agreement Between JNL Investors Series Trust and Jackson National Asset Management, LLC
EX. 99.28(h)(1)(xi)
Amendment to
Amended and Restated Administration Agreement
Between JNL Investors Series Trust and
Xxxxxxx National Asset Management, LLC
This Amendment is made by and between JNL Investors Series Trust, a Massachusetts business trust (the “Trust”) and Xxxxxxx National Asset Management, LLC, a Michigan limited liability company (the “Administrator”).
Whereas, the Trust and the Administrator (the “Parties”) entered into an Amended and Restated Administration Agreement effective as February 28, 2012, as amended (the “Agreement”), whereby the Administrator agreed to perform certain administrative services to several separate series of shares (each a “Fund”) of the Trust, as listed on Schedule A of the Agreement.
Whereas, the Board of Trustees of the Trust (the “Board”) approved the following new fund, effective August 13, 2018 (the “New Fund”):
JNL Securities Lending Collateral Fund
Whereas, pursuant to Board approval of the New Fund, the Parties have agreed to amend the Agreement, effective August 13, 2018, to add the New Fund and its fees to Schedule A and Schedule B.
Now Therefore, in consideration of the mutual covenants herein contained, the Parties hereby agree to amend the Agreement as follows:
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1)
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated August 13, 2018, attached hereto.
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2)
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated August 13, 2018, attached hereto.
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3)
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Each of the Parties represents and warrants to the others that it has full authority to enter into this Amendment upon the terms and conditions hereof and that the individual executing this Amendment is duly authorized to bind the respective party to this Amendment.
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4)
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This Amendment may be executed in one or more counterparts, which together shall constitute one document.
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In Witness Whereof, the Administrator and the Trust have caused this Amendment to be executed, effective August 13, 2018.
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Xxxxxxx National Asset Management, LLC
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By:
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/s/ Xxxxxxx X. Xxxxxx
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By:
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/s/ Xxxx X. Xxxxx
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Name:
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Xxxxxxx X. Xxxxxx
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Name:
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Xxxx X. Xxxxx
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Title:
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Assistant Secretary
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Title:
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President and CEO
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Schedule A
Dated August 13, 2018
(List of Funds)
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Fund
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Class(es)
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JNL Government Money Market Fund
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Institutional Class
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JNL Securities Lending Collateral Fund
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Institutional Class
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JNL/PPM America Low Duration Bond Fund
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Class A
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Class I
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A-1
Schedule B
Dated August 13, 2018
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Funds
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Assets
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Fee
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JNL Government Money Market Fund (Institutional Class Shares)
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All Assets
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0.00%
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JNL Securities Lending Collateral Fund (Institutional Class Shares)
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All Assets
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0.00%
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JNL/PPM America Low Duration Bond Fund (Class A and lass I Shares)
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$0 to $3 billion
Assets over $3 billion
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0.10%
0.09%
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B-1
