NORTHWESTERN MUTUAL SERIES FUND, INC.
NORTHWESTERN MUTUAL SERIES FUND, INC.
000 Xxxx Xxxxxxxxx Xxxxxx
Milwaukee, Wisconsin 53202
August 23, 2013
Xxxxx Street Advisors, LLC
000 Xxxx Xxxxxxxxx Xxxxxx
Milwaukee, WI 53202
| Re: | Agreement to Waive Xxxxx Street Advisors, LLC Investment Advisory Fees Relating to Certain Portfolios of Northwestern Mutual Series Fund, Inc. |
Gentlemen:
This letter constitutes an agreement between Xxxxx Street Advisors, LLC (“MSA”) and Northwestern Mutual Series Fund, Inc. (“NMSF”) regarding the investment advisory fee for each of the NMSF portfolios set forth below (each, a “Portfolio”). Effective September 1, 2013, MSA agrees to waive, through April 30, 2014 (unless renewed by the parties hereto), its investment advisory fee applicable to each Portfolio such that the investment advisory fee is as follows:
| Large Company Value Portfolio |
||
| Assets |
Fee | |
| Up to $100 million |
0.68% | |
| $100 million - $250 million |
0.65% | |
| Excess over $250 million |
0.59% | |
| Mid Cap Value Portfolio |
||
| Assets |
Fee | |
| Up to $150 million |
0.79% | |
| Excess over $150 million |
0.70% | |
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| Inflation Protection Portfolio |
||
| Assets |
Fee | |
| Up to $100 million |
0.55% | |
| $100 million - $250 million |
0.50% | |
| Excess over $250 million |
0.46% | |
This letter supersedes all prior agreements between the parties relating to the same matters.
| Very truly yours, | ||
| NORTHWESTERN MUTUAL SERIES FUND, INC. | ||
| By: | /s/ XXXX X. XXXXXXX | |
| Name: | Xxxx X. Xxxxxxx | |
| Title: | President | |
Agreed to and accepted:
| XXXXX STREET ADVISORS, LLC | ||
| By: | /s/ XXXXXXXXX X. XXXXXXXXX | |
| Name: | Xxxxxxxxx X. XxXxxxxxx | |
| Title: | President | |
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