Ex-99.23(h)(35)
AMENDMENT
TO
ADMINISTRATION AGREEMENT
BETWEEN
JNL SERIES TRUST
AND
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company ("Administrator"), and JNL SERIES
TRUST, a Massachusetts business trust ("Trust").
WHEREAS, the Administrator and the Trust entered into an Amended and
Restated Administration Agreement dated as of December 15, 2004 ("Agreement"),
whereby the Administrator agreed to provide certain administrative services to
the investment portfolios of the JNL Series Trust; and
WHEREAS, pursuant to the Agreement, each Fund and the Administrator agreed
to certain expenses assumed by each Fund and the Administrator as payment for
certain services and expenses;
NOW THEREFORE, in consideration of the mutual covenants contained herein
and for other good and valuable consideration, the Fund and the Adviser agree as
follows:
1. Section 2.2.12 is added to the Agreement:
2.2.12 Anti-Money Laundering ("AML") Service Fee. For all expenses related
to AML Services paid to Xxxxxxx National Life Insurance Company.
2. This Amendment may be executed in two or more counterparts which together
shall constitute one document.
IN WITNESS WHEREOF, the Administrator and the Trust have caused this
Amendment to be executed as of this 1st day of September, 2006.
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC JNL SERIES TRUST
By: __________________________________ By: _________________________________
Name: Xxxx X. Xxxxx Name: Xxxxxx X. Xxxxxx
Title: Chief Financial Officer Title: President
