EX-99.23(d)(81)
AMENDMENT
TO
INVESTMENT SUB-ADVISORY AGREEMENT
BETWEEN
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
AND
A I M CAPITAL MANAGEMENT, INC.
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company and registered investment adviser
("Adviser"), and A I M CAPITAL MANAGEMENT, INC., a Texas corporation and
registered investment adviser ("Sub-Adviser").
WHEREAS, the Adviser and Sub-Adviser entered into an Investment
Sub-Advisory Agreement dated as of October 29, 2001 ("Agreement"), whereby
Adviser appointed Sub-Adviser to provide certain sub-investment advisory
services to the investment portfolios of the JNL Series Trust; and
WHEREAS, the Adviser agreed to pay the Sub-Adviser for the services
provided and the expenses assumed by the Sub-Adviser a sub-advisory fee as set
forth on Schedule B to the Agreement, and the Sub-Adviser agreed to accept such
sub-advisory fee as full compensation under the Agreement for such services and
expenses.
NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby agree to amend the Agreement as follows:
1. Schedule B to the Agreement is hereby deleted and replaced in its entirety
with Schedule B dated January 1, 2005, attached hereto.
IN WITNESS WHEREOF, the Adviser and the Sub-Adviser have caused this
Amendment to be executed as of this 1st day of January, 2005.
XXXXXXX NATIONAL ASSET A I M CAPITAL
MANAGEMENT, LLC MANAGEMENT, INC.
By: /s/ Xxxxxx X. Xxxxxxx By: /s/Xxxxxxxx X. Xxxx
----------------------------- -----------------------------------
Name: XXXXXX X. XXXXXXX Name: /s/Xxxxxxxx X. Xxxx
-------------------- -------------------------------
Title: PRESIDENT Title: Managing Director, Subadvised Accounts
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SCHEDULE B
DATED JANUARY 1, 2005
(Compensation)
JNL/AIM LARGE CAP GROWTH FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 TO $300 MILLION: .450%
AMOUNTS OVER $300 MILLION: .400%
JNL/AIM SMALL CAP GROWTH FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 TO $250 MILLION: .65%
AMOUNTS OVER $250 MILLION: .60%
