0001035704-03-000699 Sample Contracts

JANUS ADVISER
Administrative Services Agreement • September 26th, 2003 • Janus Adviser
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JANUS ADVISER
Investment Advisory Agreement • September 26th, 2003 • Janus Adviser • Colorado
WITNESSETH:
Distribution Agreement • September 26th, 2003 • Janus Adviser • Colorado
Exhibit 8(e) August 5, 2003 Janus Adviser 100 Fillmore Street Denver, Colorado 80206 Ladies and Gentlemen: As you know, Section 4 of our Investment Advisory Agreement dated August 5, 2003, provides for compensation to Janus Capital Management LLC...
Investment Advisory Agreement • September 26th, 2003 • Janus Adviser

As you know, Section 4 of our Investment Advisory Agreement dated August 5, 2003, provides for compensation to Janus Capital Management LLC ("JCM") with respect to Janus Adviser International Equity Fund (the "Fund"). This letter is to inform you that JCM will waive a portion of its fee from August 5, 2003 until September 30, 2005, under the following conditions:

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