REVISED SCHEDULE A
REVISED SCHEDULE A
To the Amended and Restated Subadvisory Agreement, made the 26th day of January, 2009, by and between Allianz Investment Management LLC, a Minnesota limited liability company, and X.X. Xxxxxx Investment Management Inc., a Delaware corporation (the “Subadviser”).
Effective April 29, 2011, compensation pursuant to Section 4 of the Subadvisory Agreement shall be calculated at the rate shown below based on the average daily net assets subject to the Subadviser's investment discretion in the applicable Fund:
Fund Rate*
AZL JPMorgan International Opportunities Fund
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0.40% on the first $1 billion
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0.35% thereafter
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AZL JPMorgan U.S. Equity Fund
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0.45% on the first $100 million
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0.40% thereafter
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*When average daily net assets exceed the first breakpoint, multiple rates will apply, resulting in a blended rate. For example, if average daily net assets are $300 million in the AZL JPMorgan U.S. Equity Fund, a rate of 45 bps would apply to $100 million, a rate of 40 bps would apply to the remaining $200 million.
Acknowledged:
ALLIANZ INVESTMENT X.X. XXXXXX INVESTMENT
MANAGEMENT LLC MANAGEMENT INC.
By: /s/ Xxxxx Xxxxxx By: /s/ Xxxxxx Xxxxx-Xxxxxxx
Name: Xxxxx Xxxxxx Name: Xxxxxx Xxxxx-Xxxxxxx
Title: President Title: Vice Presidenjt
Revised April 29, 2011, to add AZL JPMorgan International Opportunities Fund
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