Amendment to Amended and Restated Investment Sub-Advisory Agreement Between Jackson National Asset Management, LLC and Lazard Asset Management LLC
EX 99.28(d)(19)(iii)
Amendment
to Amended and Restated
Investment Sub-Advisory Agreement Between
Xxxxxxx National Asset Management, LLC
and Lazard Asset Management LLC
This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (“Adviser”), and Lazard Asset Management LLC, a New York limited liability company and registered investment adviser (“Sub-Adviser”).
Whereas, the Adviser and the Sub-Adviser entered into an Amended and Restated Investment Sub-Advisory Agreement effective as of the 1st day of December, 2012, as amended May 30, 2013 (“Agreement”), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to certain investment portfolios of JNL Series Trust (“Trust”).
Whereas, the Sub-Adviser has been replaced as sub-adviser for the JNL/Lazard Mid Cap Equity Fund of the Trust.
Whereas, pursuant to this sub-adviser replacement, the Adviser and the Sub-Adviser have agreed to amend Schedule A and Schedule B of the Agreement to remove the JNL/Lazard Mid Cap Equity Fund.
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated September 16, 2013, attached hereto.
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2.
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated September 16, 2013, attached hereto.
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In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of this 8th day of August 2013, effective September 16, 2013.
Xxxxxxx National Asset Management, LLC | Lazard Asset Management LLC | |||
By:
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/s/ Xxxx X. Xxxxx
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By:
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/s/ Xxxxxxx X. Xxxxxxx
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Name: |
Xxxx X. Xxxxx
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Name:
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Xxxxxxx X. Xxxxxxx
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Title: |
President and CEO
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Title:
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Deputy Chairman
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Schedule A
Dated September 16, 2013
Funds
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JNL/Lazard Emerging Markets Fund
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A-1
Schedule B
Dated September 16, 2013
(Compensation)
JNL/Lazard Emerging Markets Fund
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Average Daily Net Assets
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Annual Rate
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$0 to $50 Million
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0.75%
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$50 to $200 Million
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0.65%
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$200 to $600 Million
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0.575%
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Amounts Over $600 Million
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0.525%
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B- 1