Agreement to Waive Certain Investment Advisory Fees Sample Contracts

NORTHWESTERN MUTUAL SERIES FUND, INC.
Agreement to Waive Certain Investment Advisory Fees • February 28th, 2012 • Northwestern Mutual Series Fund Inc

This letter constitutes an agreement between Mason Street Advisors, LLC (“MSA”) and Northwestern Mutual Series Fund, Inc. (“NMSF”) regarding the investment advisory fee for each of the NMSF portfolios set forth below (each, a “Portfolio”). MSA agrees to waive, through April 30, 2013 (unless renewed by the parties hereto), its investment advisory fee applicable to each Portfolio such that the investment advisory fee is as follows:

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