EXHIBIT d(28)
AMENDMENT TO SUB-INVESTMENT ADVISORY AGREEMENT
Effective May 14, 2002
Credit Suisse Asset Management Limited
Beaufort House
00 Xx. Xxxxxxx Xxxxxx
Xxxxxx XX0X 0XX
Dear Sirs:
This amends the Sub-Investment Advisory Agreement (the
"Sub-Advisory Agreement") dated as of November 16, 2000 by and among Credit
Suisse Trust, on behalf of the Global Technology Portfolio, a duly organized
series thereof (the "Portfolio"), Credit Suisse Asset Management, LLC ("CSAM")
and Credit Suisse Asset Management Limited (the "Sub-Adviser"). Capitalized
terms used herein but not otherwise defined shall have the meanings set forth in
the Sub-Advisory Agreement.
In consideration of the covenants and agreements expressed
herein, the parties agree as follows:
1. Effective May 14, 2002, Section 10 of the
Sub-Advisory Agreement is hereby amended and restated in its entirety as
follows:
"Compensation
In consideration of the services rendered pursuant to this
Agreement, CSAM will pay the Sub-Adviser such amounts as the parties
may agree upon from time to time as set forth on Schedule A, as amended
from time to time."
Fees shall cease to accrue under the previous compensation
structure on May 14, 2002 and such fees shall be paid to the
Sub-Adviser as soon as practicable after the end of the month of May
2002.
2. Schedule A to the Sub-Advisory Agreement will read as
follows:
"SCHEDULE A
CSAM will pay the Sub-Adviser a fee of $250,000 per annum (the
"Total Fee"), one quarter of which shall be payable in U.S. dollars in
arrears on the last business day of each calendar quarter. The fee for
the first period during which this Agreement is in effect shall be
pro-rated for the portion of the calendar quarter that the Agreement is
in effect. The Total Fee shall be an aggregate fee paid for services
rendered with respect to this Portfolio and such other Credit Suisse
Funds for which the Sub-Adviser has been appointed as such and which
CSAM and the Sub-Adviser agree will be governed by this fee schedule."
3. The parties agree that the provisions of the
Sub-Advisory Agreement as amended by this Amendment shall continue in full force
and effect.
[signature page follows]
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Please confirm that the foregoing is in accordance with your
understanding by indicating your acceptance hereof at the place below indicated,
whereupon it shall become a binding agreement between us.
Very truly yours,
CREDIT SUISSE ASSET MANAGEMENT, LLC
By: /s/Xxx Xxxxxx
Name: Xxx Xxxxxx
Title: Managing Director
CREDIT SUISSE TRUST on behalf of its
GLOBAL TECHNOLOGY PORTFOLIO
By: /s/Xxx Xxxxxx
Name: Xxx Xxxxxx
Title: Vice President and Secretary
CREDIT SUISSE ASSET
MANAGEMENT LIMITED
By: /s/SR Xxxxxxx X. Xxxxxxxx
Name: SR Xxxxxxx X. Xxxxxxxx
Title: Director Director (Legal)
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