FOR THE INVESTMENT definition

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISER: ----------------------------------- ___________________________________ Xxxxxx X. Xxxxx Executive Vice President Date: ____________________________ Date: ____________________________ Attest: ____________________________ Attest: ____________________________ American Skandia Trust AST Lord Xxxxxx Bond-Debenture Portfolio Sub-Advisory Agreement EXHIBIT A --------- An annual rate equal to the following percentages of the combined assets of the Portfolio and the series of American Skandia Advisor Funds, Inc. that is managed by the Sub-Advisor and identified by the Sub-Advisor and the Investment Manager as being similar to the Portfolio: .35% of the portion of the combined average daily net assets not in excess of $1 billion; plus .25% of the portion over $1 billion but not in excess of $1.5 billion plus; .20% of the portion in excess of $1.5 billion.

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISOR: ___________________________________ ___________________________________ Xxxxxx X. Xxxxx Executive Vice President Date: ____________________________ Date: ____________________________ Attest: ____________________________ Attest: ____________________________ American Skandia Trust AST Xxxxxxx Xxxxxxxxx Core Value Portfolio Sub-Advisory Agreement EXHIBIT A --------- An annual rate equal to the following percentages of the combined average daily net assets of the Portfolio and the series of American Skandia Trust that is managed by the Sub-Adviser and identified by the Sub-adviser and the Investment Manager as being similar to the Portfolio: .25% of the portion of the combined average daily net assets not in excess of $500 million; plus .20% of the portion in excess of $500 million.

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISER: ___________________________________ ___________________________________ John Birch Senior Vice President & Chief Opxxxxxxx Xxficer Date: ____________________________ Date: ____________________________ Attest: ____________________________ Attest: ____________________________ American Skandia Advisor Funds, Inc. ASAF PIMCO Total Return Bond Fund Sub-Advisory Agreement EXHIBIT A An annual rate of .25% of the average daily nets assets of the Fund.

Examples of FOR THE INVESTMENT in a sentence

• Specific functions FTIS performs in accordance with securities laws, IRS laws or other regulations include: AS TRANSFER AGENT FOR THE INVESTMENT COMPANY, FTIS WILL:  Upon receipt of proper authorization, record the transfer of Fund shares ("Shares") in its transfer records in the name(s) of the appropriate legal shareholder(s) of record; and  Upon receipt of proper authorization, redeem Shares, debit shareholder accounts and provide for payment to shareholders.

• Specific functions FTIS performs in accordance with securities laws, IRS laws or other regulations include: AS TRANSFER AGENT FOR THE INVESTMENT COMPANY, FTIS WILL: • Upon receipt of proper authorization, record the transfer of Fund shares (“Shares”) in its transfer records in the name(s) of the appropriate legal shareholder(s) of record; and • Upon receipt of proper authorization, redeem Shares, debit shareholder accounts and provide for payment to shareholders.

• THE AMOUNT IS NOT GUARANTEED; IT MAY INCREASE OR DECREASE, DEPENDING ON THE INVESTMENT EXPERIENCE OF THE UNDERLYING SUB-ACCOUNTS FOR THE INVESTMENT ACCOUNTS THAT YOU HAVE CHOSEN.

• Specific functions FTIS performs in accordance with securities laws, IRS laws or other regulations include: AS TRANSFER AGENT FOR THE INVESTMENT COMPANY, FTIS WILL:  Upon receipt of proper authorization, record the transfer of Fund shares (“Shares”) in its transfer records in the name(s) of the appropriate legal shareholder(s) of record; and  Upon receipt of proper authorization, redeem Shares, debit shareholder accounts and provide for payment to shareholders.

• WHEREAS, THE TRUSTEES DESIRE TO ESTABLISH A TRUST FUND FOR THE INVESTMENT AND REINVESTMENT OF FUNDS CONTRIBUTED THERETO; NOW, THEREFORE, THE TRUSTEES DECLARE THAT ALL MONEY AND PROPERTY CONTRIBUTED TO THE TRUST FUND HEREUNDER SHALL BE HELD AND MANAGED UNDER THIS DECLARATION OF TRUST IN TRUST AS HEREIN SET FORTH BELOW.

More Definitions of FOR THE INVESTMENT

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISER: ___________________________________ ___________________________________ Robert F. Gunia Executive Vice President Xxxx: ____________________________ Date: __________________________ Attest: ____________________________ Attest: __________________________ American Skandia Advisor Funds, Inc. ASAF INVESCO Capital Income Fund Sub-Advisory Agreement EXHIBIT A An annual rate of .35% of the average daily net assets of the Fund.

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISER: ___________________________________ ___________________________________ Xxxx Xxxxx Senior Vice President & Chief Operating Officer Date: ____________________________ Date: ____________________________ Attest: ____________________________ Attest: ____________________________ ASAFSubAdvAgreementN&BGrowth(06/98) American Skandia Advisor Funds, Inc. ASAF Neuberger&Berman Mid-Cap Growth Fund Sub-Advisory Agreement EXHIBIT A An annual rate of .40% of the average daily net assets of the Fund.

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISER: ___________________________________ ___________________________________ Xxxxxx X. Xxxxx Executive Vice President Date: ____________________________ Date: ____________________________ Attest: ____________________________ Attest: ____________________________ American Skandia Trust AST Xxxxxxx Capital Growth Portfolio Sub-Advisory Agreement EXHIBIT A --------- An annual rate of .45% of the average daily net assets of the Portfolio.

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISER: ___________________________________ ___________________________________ Robert F. Gunia Executive Vice President Date: ____________________________ Date: ____________________________ Attest: ____________________________ Attest: ____________________________ American Skandia Advisor Funds ASAF Goldman Sachs Mid-Cap Growth Fund Sub-advisory Agreement EXHIBIT A --------- An annual rate equal to the following percentages of the combined average daily net assets of the Fund and ASAF Goldman Sachs Concentrated Growth Fund and xxx xxxxxxxxg xxxxes of American Skandia Trust, AST Goldman Sachs Mid-Cap Growth Portfolio and AST Gxxxxxx Sachs Concentrated Growth Portfolio, thax xxx xaxxxxx by the Sub-Advisor and identified by the Sub-advisor and the Investment Manager as being similar to the Funds .28% of the portion of the average daily net assets of the Funds not in excess of $1 billion plus .25% of the portion of the net assets over $1 billion.

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISER: ___________________________________ ___________________________________ Xxxxxx X. Xxxxx Executive Vice President Date: ____________________________ Date: ____________________________ Attest: ____________________________ Attest: ____________________________ American Skandia Trust AST Xxxxx & Steers Realty Portfolio Sub-Advisory Agreement EXHIBIT A --------- An annual rate of .60% of the portion of the average daily net assets of the Portfolio less than $100 million; plus .40% of the average daily net assets of the Portfolio in excess of $100 million but less than $250 million; plus.30% of the average daily net assets of the Portfolio in excess of $250 million.

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISER: -------------------------------- ---------------------------------- Xxxx Xxxxx Senior Vice President & Chief Operating Officer Date: _____________________ Date:____________________ Attest: _____________________ Attest:___________________

FOR THE INVESTMENT. MANAGER: FOR THE SUB-ADVISER: ___________________________________ ___________________________________ Robert F. Gunia Executive Vice President Dxxx: ____________________________ Date: ____________________________ Attest: ____________________________ Attest: ____________________________ American Skandia Advisor Funds, Inc. ASAF PIMCO Total Return Bond Fund Sub-Advisory Agreement EXHIBIT A --------- An annual rate of .25% of the average daily nets assets of the Fund.