Amendment to Amended and Restated Distribution Agreement between JNL Variable Fund LLC and Jackson National Life Distributors LLC
Amendment to
Amended and Restated Distribution Agreement between
JNL Variable Fund LLC and Xxxxxxx National Life Distributors LLC
This Amendment is made by and between JNL Variable Fund LLC, a Delaware limited liability company (“Company”), and Xxxxxxx National Life Distributors LLC (“JNLD”), a broker-dealer registered with the Securities and Exchange Commission and the Financial Industry Regulatory Authority.
Whereas, the Company and JNLD (“Parties”) entered into an Amended and Restated Distribution Agreement effective April 29, 2013, as amended (“Agreement”), whereby the Company appointed JNLD as distributor (“Distributor”) of the shares of the separate funds (the “Funds”) set forth on Schedule A of the Agreement.
Whereas, the Board of Managers of the Company approved the merger of the JNL/Mellon Capital S&P® 24 Fund into the JNL/Mellon Capital JNL 5 Fund of the Company (“Fund Merger”), effective April 24, 2017.
Whereas, pursuant to the approval of the Fund Merger, as outlined above, the Parties have agreed to amend Schedule A of the Agreement to remove the JNL/Mellon Capital S&P® 24 Fund and its respective fees, effective April 24, 2017.
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 April 24, 2017, attached hereto.
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| 2. |
Each of the Parties represents and warrants to the others that it has full authority to enter into this Amendment upon the terms and conditions hereof and that the individual executing this Amendment is duly authorized to bind the respective party to this Amendment.
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| 3. |
This Amendment may be executed in one or more counterparts, which together shall constitute one document.
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In Witness Whereof, the Company and the Distributor have caused this Amendment to be executed, effective April 24, 2017.
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Attest:
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By:
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/s/ Xxxxxxxx X. Xxxx
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By:
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/s/ Xxxxxxx X. Xxxxxx
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Xxxxxxxx X. Xxxx
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Name:
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Xxxxxxx X. Xxxxxx
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Title:
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Assistant Secretary
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Attest:
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Xxxxxxx National Life Distributors LLC
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By:
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/s/ Xxxxx Xxxxxx
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By:
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/s/ Xxxxxx Xxxx
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Name:
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Xxxxxx Xxxx
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Title:
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EVP JNLD Operations
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Schedule A
Dated April 24, 2017
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Fund
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Class
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Maximum
12b-1 Fee1
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JNL/Mellon Capital Dow Index Fund
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Class A
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0.20%
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|
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Class B
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None
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JNL/Mellon Capital Global 30 Fund
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Class A
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0.20%
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|
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Class B
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None
|
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JNL/Mellon Capital Nasdaq® 100 Fund
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Class A
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0.20%
|
|
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Class B
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None
|
|
JNL/Mellon Capital S&P® XXxx 60 Fund
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Class A
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0.20%
|
|
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Class B
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None
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JNL/Mellon Capital JNL 5 Fund
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Class A
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0.20%
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|
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Class B
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None
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JNL/Mellon Capital Communications Sector Fund
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Class A
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0.20%
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|
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Class B
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None
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JNL/Mellon Capital Consumer Brands Sector Fund
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Class A
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0.20%
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|
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Class B
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None
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JNL/Mellon Capital Financial Sector Fund
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Class A
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0.20%
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|
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Class B
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None
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JNL/Mellon Capital Healthcare Sector Fund
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Class A
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0.20%
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|
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Class B
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None
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JNL/Mellon Capital Oil & Gas Sector Fund
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Class A
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0.20%
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|
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Class B
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None
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JNL/Mellon Capital Technology Sector Fund
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Class A
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0.20%
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Class B
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None
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1 As a percentage of the average daily net assets attributable to the specified class of shares.
A-1
