AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN
Exhibit (d)(22)(b)
AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC. AND
BLACKROCK INVESTMENT MANAGEMENT, LLC
THIS AMENDMENT is made as of May 1, 2020 to the Investment Sub-Advisory Agreement dated May 1, 2014, as amended (the "Agreement"), between Transamerica Asset Management, Inc. and BlackRock Investment Management, LLC (the "Sub-Adviser"). In consideration of the mutual covenants contained herein, the parties agree as follows:
1.Schedule A. Schedule A to the Agreement is hereby deleted and replaced with the attached revised Schedule A, and all references in the Agreement to Schedule A shall be deemed to refer to the attached Schedule A.
In all other respects, the Investment Sub-Advisory Agreement dated May 1, 2014, as amended, is confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of May 1, 2020.
TRANSAMERICA ASSET MANAGEMENT, INC.
By: /s/ Xxxxxxxxxxx X. Xxxxxxx
Name: Xxxxxxxxxxx X. Xxxxxxx
Title: Senior Vice President
BLACKROCK INVESTMENT MANAGEMENT, LLC
By: /s/Xxxxxxx Xxxxxxxx
Name: Xxxxxxx Xxxxxxxx
Title: Director
SCHEDULE A
as May 1, 2020
Fund |
|
Investment Subadvisory Fee* |
|
|
|
Transamerica BlackRock Global Real Estate |
|
0.34% of the first $250 million; |
Securities VP** |
|
0.32% over $250 million up to $750 |
|
|
million; |
|
|
0.30% over $750 million |
|
|
|
Transamerica BlackRock Government |
0.024% | |
Money Market VP*** |
|
|
*As a percentage of average daily net assets on an annual basis.
**The average daily net assets for the purpose of calculating sub-advisory fees will be determined on a combined basis with Transamerica Global Real Estate Securities, a series of Transamerica Funds.
***The average daily net assets for the purpose of calculating sub-advisory fees will be determined on a combined basis with Transamerica Government Money Market, a series of Transamerica Funds.