EXHIBIT (d)(iii)
AMENDMENT TO SUBADVISORY AGREEMENT
This AMENDMENT TO SUBADVISORY AGREEMENT (the "Amendment") is effective
as of August 1, 2002, by and among SUNAMERICA ASSET MANAGEMENT CORP. (the
"Adviser") and ALLIANCE CAPITAL MANAGEMENT L.P. (the "Subadviser").
RECITALS
WHEREAS, the Adviser and SunAmerica Series Trust (the "Trust')
entered into an Investment Advisory Agreement dated January 1, 1999, as
amended May 23, 2000, November 29, 2000 and May 21, 2002 with respect
to the Alliance Growth Portfolio, the Growth-Income Portfolio and the
Global Equities Portfolio (the "Portfolios"); and
WHEREAS, the Adviser and the Subadviser are parties to that
certain Subadvisory Agreement dated January 1, 1999 (the "Agreement"),
with respect to the Trust Portfolios with the Sub-Adviser; and
WHEREAS, the parties wish to amend Section 3 of the Agreement
to reflect the addition of the Small & Mid Cap Value Portfolio.
NOW, THEREFORE, in consideration of the mutual promises set
forth herein, the Adviser and the Subadviser agree as follows:
1. Section 3 Amendment. Addition of the new Portfolio .
New Portfolio Fee
Small & Mid Cap Value Portfolio 0.50% per annum
2. Counterparts. This Amendment may be executed in two
or more counterparts, each of which shall be an
original and all of which together shall constitute
one instrument.
3. Full Force and Effect. Except as expressly
supplemented, amended or consented to hereby, all of
the representations, warranties, terms, covenants and
conditions of the Agreement shall remain unamended
and shall continue to be in full force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of
the date first above written.
ALLIANCE CAPITAL MANAGEMENT L.P.
BY: ALLIANCE CAPITAL MANAGEMENT
SUNAMERICA ASSET MANAGEMENT CORP. CORPORATION, its General Partner
By: /s/ Xxxxx X. Xxxxxxx By: /s/ Xxxxx X. Xxxxxx
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Name: Xxxxx X. Xxxxxxx Name: Xxxxx X. Xxxxxx
Title: President and Chief Title: Senior Vice President and Counsel
Executive Officer