EX-99.23d(58)
AMENDMENT
TO
INVESTMENT SUB-ADVISORY AGREEMENT
BETWEEN
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
AND
MELLON CAPITAL MANAGEMENT CORPORATION
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company and registered investment adviser
("Adviser"), and MELLON CAPITAL MANAGEMENT CORPORATION, a Delaware corporation
and registered investment adviser ("Sub-Adviser").
WHEREAS, the Adviser and Sub-Adviser entered into an Investment
Sub-Advisory Agreement dated as of November 8, 2001 ("Agreement"), whereby
Adviser appointed Sub-Adviser to provide certain sub-investment advisory
services to the investment portfolios of the JNL Series Trust; and
WHEREAS, pursuant to the Agreement, the Adviser agreed to pay the
Sub-Adviser for the services provided and the expenses assumed by the
Sub-Adviser a sub-advisory fee as set forth on Schedule B to the Agreement, and
the Sub-Adviser agreed to accept such sub-advisory fee as full compensation
under the Agreement for such services and expenses; and
WHEREAS, in order to reflect a change in sub-adviser, Schedule A and
Schedule B must be amended.
NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby 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 _____________, 2003, attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its
entirety with Schedule B dated _____________, 2003, attached hereto.
IN WITNESS WHEREOF, the Adviser and the Sub-Adviser have caused this
Amendment to be executed as of this _____ day of _____________, 2003.
XXXXXXX NATIONAL ASSET MELLON CAPITAL MANAGEMENT
MANAGEMENT, LLC CORPORATION
By: By:
------------------------- ---------------------------------
Name: Xxxxxx X. Xxxxxxx Name:
-------------------- -------------------------------
Title: President Title:
---------------------- ------------------------------
SCHEDULE A
DATED _______________, 2003
(Funds)
JNL/Mellon Capital Management Bond Index Fund
JNL/Mellon Capital Management International Index Fund
SCHEDULE B
DATED __________________, 2003
(Compensation)
JNL/Mellon Capital Management Bond Index Fund
Average Daily Net Assets Annual Rate
$0 to 50 Million: .12%
$50 to 100 Million .06%
Amounts over $100 Million: .02%
JNL/Mellon Capital Management International Index Fund
Average Daily Net Assets Annual Rate
$0 to 50 Million: .15%
$50 to 100 Million .10%
Amounts over $100 Million: .04%
