AMENDMENT TO SUBADVISORY AGREEMENT T. ROWE PRICE ASSOCIATES, INC.
AMENDMENT TO SUBADVISORY AGREEMENT
X. XXXX PRICE ASSOCIATES, INC.
X. XXXX PRICE ASSOCIATES, INC.
AMENDMENT made as of this 1st day of May, 2000 to the Subadvisory Agreement dated
January 28, 1999 (the “Agreement”), between Manufacturers Securities Services, LLC, a Delaware
limited liability company (formerly, NASL Financial Services, Inc.) (the “Adviser”), and X. Xxxx
Price Associates, Inc., a Maryland corporation (the “Subadviser”). In consideration of the mutual
covenants contained herein, the parties agree as follows:
1. CHANGE IN APPENDIX A
Section 3 of the Agreement, “Compensation of Subadviser,” is hereby amended to decrease the
fee the Adviser pays to the Subadviser with respect to Science & Technology Portfolio as specified
in Appendix A to this Amendment.
In all other respects, the Agreement is confirmed and remains in full force and effect.
2. EFECTIVE DATE
This Amendment shall become effective with respect to Science & Technology Portfolio on the
date of its execution.
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.
Manufacturers Securities Services, LLC | ||||
By: | The Manufacturers Life Insurance Company of North America, its managing member | |||
By:
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/s/Xxxxx X. Xxxxx | |||
Xxxxx X. Xxxxx, President | ||||
By:
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/s/Xxxxx X. Xxxxxxxxx | |||
Xxxxx X. Xxxxxxxxx, Vice President, | ||||
Secretary and General Counsel | ||||
X. Xxxx Price Associates, Inc. | ||||
By:
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/s/Xxxxxxx X. Xxxxxx | |||
Xxxxxxx X. Xxxxxx | ||||
Vice President |
APPENDIX A
The Subadviser shall serve as investment subadviser for the following portfolios of the Trust.
The Adviser will pay the Subadviser, as full compensation for all services provided under this
Agreement, the fee computed separately for each such Portfolio at an annual rate as follows (the
“Subadviser Percentage Fee”):
Between | Between | |||||||||||||||
$50,000,000 | $200,000,000 | |||||||||||||||
First | and | and | Excess over | |||||||||||||
Portfolio | $50,000,000 | $200,000,000 | $500,000,000 | $500,000,000 | ||||||||||||
Blue Chip Growth Trust |
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Equity-Income Trust |
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(formerly, the Value Equity Trust) |
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Science & Technology Trust |
The Subadviser Percentage Fee for each Portfolio shall be accrued for each calendar day and
the sum of the daily fee accruals shall be paid monthly to the Subadviser. The daily fee accruals
will be computed by multiplying the fraction of one over the number of calendar days in the year by
the applicable annual rate described in the preceding paragraph, and multiplying this product by
the net assets of the Portfolio as determined in accordance with the Trust’s prospectus and
statement of additional information as of the close of business on the previous business day on
which the Trust was open for business.
If this Agreement becomes effective or terminates before the end of any month, the fee (if
any) for the period from the effective date to the end of such month or from the beginning of such
month to the date of termination, as the case may be, shall be prorated according to the proportion
which such period bears to the full month in which such effectiveness or termination occurs.