TRANSAMERICA SERIES TRUST AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND PACIFIC INVESTMENT MANAGEMENT COMPANY LLC
Exhibit (d)(26)(a)
AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC. AND
PACIFIC INVESTMENT MANAGEMENT COMPANY LLC
THIS AMENDMENT is made as of September 17, 2012, to the Sub-Advisory Agreement dated as of May 1, 2011 (the “Agreement”) between Transamerica Asset Management, Inc. and Pacific Investment Management Company LLC.
In consideration of the mutual covenants contained herein, the parties agree as follows:
1. Schedule A. Schedule A to the Agreement is hereby deleted entirely and replaced as follows:
SCHEDULE A
|
Portfolio |
Sub-adviser Compensation* | Effective Date | ||
| Transamerica PIMCO Real Return TIPS VP |
0.25% of the first $1billion 0.20% over $1 billion** |
May 1, 2011 | ||
| Transamerica PIMCO Tactical – Balanced VP |
0.36% of the first $750 million; 0.35% over $750 million up to $1.5 billion; 0.32% in excess of $1.5 billion*** |
September 17, 2012 | ||
| Transamerica PIMCO Tactical – Conservative VP |
0.36% of the first $750 million; 0.35% over $750 million up to $1.5 billion; 0.32% in excess of $1.5 billion*** |
September 17, 2012 | ||
| Transamerica PIMCO Tactical – Growth VP |
0.36% of the first $750 million; 0.35% over $750 million up to $1.5 billion; 0.32% in excess of $1.5 billion*** |
September 17, 2012 |
| * | As a percentage of average daily net assets on an annual basis. |
| ** | The calculation of Sub-adviser Compensation will be based on the combined average daily net assets of Transamerica PIMCO Real Return TIPS VP and Transamerica PIMCO Real Return TIPS, a separate series of Transamerica Funds. |
| *** | The calculation of Sub-adviser Compensation will be based on the combined average daily net assets of Transamerica PIMCO Tactical – Balanced VP, Transamerica PIMCO Tactical – Conservative VP and Transamerica PIMCO Tactical – Growth VP. |
In all other respects, the Agreement dated as of May 1, 2011 is confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of September 17, 2012.
| TRANSAMERICA ASSET MANAGEMENT, INC. | ||||
| By: | /s/ Xxxxxxxxxxx X. Xxxxxxx |
|||
| Name: | Xxxxxxxxxxx X. Xxxxxxx |
|||
| Title: | Senior Vice President |
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| PACIFIC INVESTMENT MANAGEMENT COMPANY LLC | ||||
| By: | /s/ Xxxxx X. Xxxxxx | |||
| Name: | Xxxxx X. Xxxxxx | |||
| Title: | Managing Director | |||
