February 3, 2000
Xxxx Xxxxxxx Advisers, Inc.
000 Xxxxxxxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
Re: Xxxx Xxxxxxx International Equity Fund ("Fund")
Ladies and Gentlemen:
The Sub-Investment Management Contract between Xxxx Xxxxxxx Institutional Series
(the "Trust") on behalf of the Xxxx, Xxxx Xxxxxxx Advisers, Inc. (the "Adviser")
and Xxxx Xxxxxxx Advisers International, Ltd. (the "Sub-Adviser"), dated March
30, 1995, and the fee waiver letter dated January 1, 2000 (together the
"Contracts"), currently provide that the Sub-Adviser will act as a limited
Co-Sub-Adviser with Indocam International Investment Services.
As of March 1, 2000, the Sub-Adviser hereby agrees to terminate the Contracts
and to waive its right to receive sixty (60) days notice of this termination.
Agreed to by:
XXXX XXXXXXX ADVISERS
INTERNATIONAL, LIMITED
/s/Xxxx X. Xxxxxxx
------------------
Xxxx X. Xxxxxxx
Director
Funds/institnl/JHAI/termination00
