EXHIBIT 23(D)(iii)
LORD ▇▇▇▇▇▇ SERIES FUND, INC.
Dated as of March 14, 2003
Addendum to Management Agreement
between Lord ▇▇▇▇▇▇ Series Fund, Inc.
and Lord, ▇▇▇▇▇▇ & Co. LLC
Dated December 1, 1989 (the "Agreement")
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Lord, ▇▇▇▇▇▇ & Co. LLC ("Lord ▇▇▇▇▇▇") and Lord ▇▇▇▇▇▇ Series Fund,
Inc. (the "Fund") on behalf of the following three classes of the Fund (each a
"Portfolio"), the All Value Portfolio, the America's Value Portfolio and the
Growth Opportunities Portfolio, do hereby agree that the annual management fee
rate for each Portfolio with respect to paragraph 2 of the Agreement shall be as
follows: .75% of the average daily net assets of the All Value Portfolio, .75%
of the average daily net assets of the America's Value Portfolio and .90% of the
average daily net assets of the Growth Opportunities Portfolio.
For purposes of Section 15 (a) of the Investment Company Act of 1940,
as amended, this Addendum and the Agreement shall together constitute the
investment advisory contract of the Fund.
LORD, ▇▇▇▇▇▇ & CO. LLC
BY: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇
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▇▇▇▇▇▇ ▇. ▇▇▇
Managing Member
LORD ▇▇▇▇▇▇ SERIES FUND, INC.
(on behalf of the All Value Portfolio, the America's Value Portfolio
and the Growth Opportunities Portfolio)
BY: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Vice President and Secretary
Dated: March 14, 2003