EX-99.23(h)(13)
AMENDMENT
TO
ADMINISTRATION AGREEMENT
BETWEEN
JNL INVESTORS SERIES TRUST
AND
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company ("Administrator"), and JNL INVESTORS
SERIES TRUST, a Massachusetts business trust ("Trust").
WHEREAS, the Administrator and the Trust entered into an Administration
Agreement dated as of December 3, 2007 ("Agreement"), whereby the Administrator
agreed to provide certain administrative services to the investment portfolios
("Funds") of the JNL Investors Series Trust; and
WHEREAS, pursuant to the Agreement, each Fund and the Administrator agreed
to certain expenses assumed by each Fund and the Administrator as payment for
certain services and expenses;
WHEREAS, the parties wish to amend the Agreement in order to reflect the
addition of the following six new funds to the Trust: 1) Xxxxxxx Perspective
European 30 Fund; 2) Xxxxxxx Perspective Global Basics Fund; 3) Xxxxxxx
Perspective Global Leaders Fund; 4) Xxxxxxx Perspective Pacific Rim 30 Fund; 5)
Xxxxxxx Perspective Pan European Fund; and 6) Xxxxxxx Perspective Total Return
Fund
WHEREAS, the parties have agreed to amend section 20. "CHOICE OF LAW," of
the Agreement to change the governing law venue from the State of Michigan to
the State of Illinois.
NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby agree to amend the Agreement to replace the entire paragraph
under the "CHOICE OF LAW" section as follows:
20. CHOICE OF LAW
This Agreement is made and to be principally performed in the State of
Illinois, and except insofar as the 1940 Act or other federal laws and
regulations may be controlling, this Agreement shall be governed by, and
construed and enforced in accordance with, the internal laws of the State
of Illinois.
The parties further agree to amend the Agreement as follows:
1. Schedule A to the Agreement is hereby deleted and replaced in its entirety
with Schedule A dated December 29, 2008, attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its entirety
with Schedule B dated December 29, 2008, attached hereto.
This Amendment may be executed in two or more counterparts which together shall
constitute one document.
IN WITNESS WHEREOF, the Administrator and the Trust have caused this
Amendment to be executed as of this 29th day of December, 2008.
XXXXXXX NATIONAL ASSET JNL INVESTORS SERIES TRUST
MANAGEMENT, LLC
By: _______________________________ By: _______________________________
Name: Xxxx X. Xxxxx Name: Xxxxx X. Xxxx
Title: President Title: Vice President, Counsel
& Secretary
SCHEDULE A
DATED DECEMBER 29, 2008
------------------------------------------------------------------------ ---------------------------------------------
FUND CLASS(ES)
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Asia ex-Japan Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Asia Pacific ex-Japan Bond Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Asia ex-Japan Infrastructure Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Asian Pacific Real Estate Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective China-India Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Core Equity Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Emerging Asia ex-Japan Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective European 30 Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective 5 Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Global Basics Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Global Leaders Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Index 5 Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Japan Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Large Cap Value Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Mid Cap Value Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Money Market Fund Class A
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Optimized 5 Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Pacific Rim 30 Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Pan European Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective S&P 4 Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Small Cap Value Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective 10 x 10 Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective Total Return Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
Xxxxxxx Perspective VIP Fund Class A, Class C
------------------------------------------------------------------------ ---------------------------------------------
JNL Money Market Fund Institutional Class
------------------------------------------------------------------------ ---------------------------------------------
SCHEDULE B
DATED DECEMBER 29, 2008
--------------------------------------------------------------------------------- ------------------------------------
FUNDS FEE
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Asia ex-Japan Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Asia ex-Japan Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Asia Pacific ex-Japan Bond Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Asia Pacific ex-Japan Bond Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Asia ex-Japan Infrastructure Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Asia ex-Japan Infrastructure Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Asian Pacific Real Estate Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Asian Pacific Real Estate Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective China-India Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective China-India Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Core Equity Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Core Equity Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Emerging Asia ex-Japan Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Emerging Asia ex-Japan Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective European 30 Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective European 30 Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective 5 Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective 5 Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Global Basics Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Global Basics Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Global Leaders Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Global Leaders Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Index 5 Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Index 5 Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Japan Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Japan Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Large Cap Value Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Large Cap Value Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Mid Cap Value Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Mid Cap Value Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Money Market Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Optimized 5 Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Optimized 5 Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Pacific Rim 30 Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Pacific Rim 30 Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Pan European Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Pan European Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective S&P 4 Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective S&P 4 Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Small Cap Value Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Small Cap Value Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective 10 x 10 Fund (Class A) 0.00%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective 10 x 10 Fund (Class C) 0.00%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Total Return Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective Total Return Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective VIP Fund (Class A) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
Xxxxxxx Perspective VIP Fund (Class C) 0.10%
--------------------------------------------------------------------------------- ------------------------------------
JNL Money Market Fund (Institutional Class) 0.00%
--------------------------------------------------------------------------------- ------------------------------------