July 1, 2012 JPMorgan Trust I New York, NY 10017 Dear Sirs:JPMorgan Trust I • June 28th, 2012
The JPMorgan Service Providers understand and intend that the Funds will rely on this agreement in preparing and filing their registration statements on Form N-1A and in accruing the Funds’ expenses for purposes of calculating net asset value and for other purposes, and expressly permit the Funds to do so.
AMENDMENT TO SUBADVISORY AGREEMENTSubadvisory Agreement • June 28th, 2012 • JPMorgan Trust I
This instrument, dated June 22, 2012, by and between J.P. Morgan Investment Management Inc., a Delaware corporation with its principal office at 270 Park Avenue, New York, New York 10017 (“JPMIM” or the “Manager”) and JF International Management Inc., with its principal place of business in Hong Kong located at 21st Floor, Chater House, 8 Connaught Road Central, Hong Kong (the “Sub-adviser”) amends the Subadvisory Agreement between JPMIM and the Sub-adviser, dated November 18, 2011 (the “Agreement”) to reflect the change in the name of the Fund (as defined below) and reduce the sub-advisory fee. Unless otherwise defined herein, capitalized terms shall have the meaning ascribed to such terms in the Agreement.
