John Hancock Sovereign bond fund on behalf of John Hancock Bond Fund AMENDMENT TO SUB-ADVISORY AGREEMENT
Xxxx Xxxxxxx Sovereign bond fund
on behalf of Xxxx Xxxxxxx Xxxx Fund
AMENDMENT TO SUB-ADVISORY AGREEMENT
AMENDMENT TO SUB-ADVISORY AGREEMENT
AMENDMENT made as of the 1st of July, 2011 to the Sub-Advisory Agreement dated December 31, 2005, as amended (the “Agreement”), among Xxxx Xxxxxxx Advisers, LLC, a Delaware limited liability company, Xxxx Xxxxxxx Asset Management a division of Manulife Asset Management (US) LLC (formerly, Sovereign Asset Management, LLC), a Delaware limited liability company, and each of the investment companies that is a signatory to the Agreement, including Xxxx Xxxxxxx Sovereign Bond Fund. In consideration of the mutual covenants contained herein, the parties agree as follows:
1. CHANGE IN APPENDIX A
Appendix A of the Agreement, which relates to Section 3 of the Agreement, “COMPENSATION OF SUB-ADVISER,” is hereby amended to reflect the following fee schedule:
XXXX Sovereign bond fund
|
|
Percentage of Average Daily Net Assets |
|||||
|
Fund |
First $500 million |
Next $500 million |
Next $500 million |
Next $500 million |
Next $500 million |
Excess over $2.5 billion |
|
Xxxx Xxxxxxx Xxxx Fund |
[0.XXX]% |
[0.XXX]% |
[0.XXX]% |
[0.XXX]% |
[0.XXX]% |
[0.XXX]% |
2. EFFECTIVE DATE
This Amendment shall become effective as of the date first mentioned above.
3. DEFINED TERMS
Unless otherwise defined herein, capitalized terms used herein have the meanings specified in or pursuant to the Agreement.
4. OTHER TERMS OF THE AGREEMENT
Except as specifically amended hereby, all of the terms and conditions of the Agreement shall continue to be in full force and effect and shall be binding upon the parties in accordance with their respective terms.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by their duly authorized officers as of the date first mentioned above.
XXXX XXXXXXX ADVISERS, LLC
By: /s/Xxxxx X. Xxxxxxxxx
Xxxxx X. Xxxxxxxxx
President and Chief Executive Officer
XXXX XXXXXXX ASSET MANAGEMENT A DIVISION OF MANULIFE ASSET MANAGEMENT (US) LLC
By: /s/Xxxxx X. Xxxxx
Xxxxx X. Xxxxx
President,
Chief Operating Officer and
Chief Fixed Income Officer
XXXX
XXXXXXX SOVEREIGN BOND FUND, on behalf of
Xxxx Xxxxxxx Xxxx Fund
By: /s/Xxxxxx Xxxxxx
Xxxxxx Xxxxxx
Senior Vice President and Chief Operating Officer
