23(d)(28)
Amendment to Sub-Advisory Agreement on behalf of Transamerica Equity
AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA FUND ADVISORS, INC. AND
TRANSAMERICA INVESTMENT MANAGEMENT, LLC
THIS AMENDMENT is made as of October 27, 2006 to the Sub-Advisory Agreement
dated March 1, 2000, as amended (the "Agreement"), between Transamerica Fund
Advisors, Inc. ("TFA"), and Transamerica Investment Management, LLC (the
"Sub-Adviser"), and on behalf of AEGON/Transamerica Series Trust (the "Trust")
and Transamerica Equity (the "Portfolio"). In consideration of the mutual
covenants contained herein, the parties agree as follows:
8. COMPENSATION. Effective October 27, 2006, the sub-advisory fee rate for
Transamerica Equity is as follows:
0.35% of the first $500 million of average daily net assets; 0.30% of
average daily net assets over $500 million up to $2.5 billion; and
0.25% of average daily net assets over $2.5 billion, and to combine
the Portfolio's assets with those of the TA IDEX Transamerica Equity
of Transamerica IDEX Mutual Funds for purposes of calculating the fee
and applicable breakpoints, less 50% of any amount reimbursed pursuant
to the Portfolio's expense limitation arrangement.
In all other respects, the Sub-Advisory Agreement dated March 1, 2000, as
amended, is confirmed and remains in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this amendment to be executed
as of October 27, 2006.
ATTEST: TRANSAMERICA FUND ADVISORS, INC.
By: /s/ Xxxxx X. Xxxxxx By: /s/ Xxxx X. Xxxxxx
--------------------------------- ------------------------------------
Name: Xxxxx X. Xxxxxx Name: Xxxx X. Xxxxxx
Title: Asst. Vice Pres & Asst. Sec. Title: President & Chief Executive
Officer
ATTEST: TRANSAMERICA INVESTMENT MANAGEMENT, LLC
By: By: /s/ Xxxxx Xxxxxxxxx
--------------------------------- ------------------------------------
Name: Name: Xxxxx Xxxxxxxxx
------------------------------- Title: Managing Director
Title:
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