JOHN HANCOCK CALIFORNIA TAX-FREE INCOME FUND AMENDMENT TO INVESTMENT MANAGEMENT CONTRACT
XXXX XXXXXXX CALIFORNIA TAX-FREE INCOME FUND
AMENDMENT TO INVESTMENT MANAGEMENT CONTRACT
AMENDMENT made this 1st day of October, 2009, to the Investment Management Contract
dated December 22, 1994, between Xxxx Xxxxxxx California Tax-Free Income Fund, a Massachusetts
business trust, and Xxxx Xxxxxxx Advisers, LLC, a Delaware limited liability company. In
consideration of the mutual covenants contained herein, the parties agree as follows:
1. | CHANGE TO COMPENSATION OF THE ADVISER |
Section 5 of the Agreement, “Compensation of the Adviser,” is hereby amended to reflect the
following fee schedule:
First | Next | Next | Excess over | |||||||||||||
$500 million | $500 million | $1 billion | $2 billion | |||||||||||||
of | of | of | of | |||||||||||||
Fund | Net Assets | Net Assets | Net Assets | Net Assets | ||||||||||||
Xxxx Xxxxxxx
California Tax-Free
Income Fund |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % |
2. | EFFECTIVE DATE |
This Amendment shall become effective as of date first mentioned above.
3. | DEFINED TERMS |
Unless otherwise defined herein, capitalized terms used herein have the meanings specified in
or pursuant to the Agreement.
4. | OTHER TERMS OF THE AGREEMENT |
Except as specifically amended hereby, all of the terms and conditions of the Agreement shall
continue to be in full force and effect and shall be binding upon the parties in accordance with
their respective terms.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by
their duly authorized officers as of the date first mentioned above.
XXXX XXXXXXX CALIFORNIA TAX-FREE INCOME FUND
on behalf of Xxxx Xxxxxxx California Tax-Free Income Fund
on behalf of Xxxx Xxxxxxx California Tax-Free Income Fund
By:
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/s/ Xxxxx X. Xxxxxxxxx
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President and Chief Executive Officer | ||||
XXXX XXXXXXX ADVISERS, LLC | ||||
By:
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/s/ Xxxxx X. Xxxxxxxxx
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President and Chief Executive Officer |
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