JOHN HANCOCK FUNDS II AMENDMENT TO SUBADVISORY AGREEMENT

Exhibit (d)(3)(C) 

 

▇▇▇▇ ▇▇▇▇▇▇▇ FUNDS II

 

AMENDMENT TO SUBADVISORY AGREEMENT

 

AMENDMENT made as of this 17th day of September, 2020 to the Subadvisory Agreement dated January 1, 2014, as amended (the “Agreement”), between ▇▇▇▇ ▇▇▇▇▇▇▇ Investment Management LLC, (formerly, ▇▇▇▇ ▇▇▇▇▇▇▇ Advisers, LLC), a Delaware limited liability company (the “Adviser”), and Manulife Investment Management (US) LLC ( formerly, ▇▇▇▇ ▇▇▇▇▇▇▇ Asset Management a division of Manulife Asset Management (US) LLC), a Delaware limited liability company (the “Subadviser”). In consideration of the mutual covenants contained herein, the parties agree as follows:

 

1.

CHANGE IN APPENDIX A

 

Appendix A of the Agreement relating to the compensation of the Subadviser is amended to add the following new portfolios: (i) Multi-Index 2065 Lifetime Portfolio, (ii) Multi-Index 2065 Preservation Portfolio, and (iii) Multimanager 2065 Lifetime Portfolio.

 

2.

EFFECTIVE DATE

 

The Amendment shall become effective September 17, 2020, following approval of the Amendment by the Board of Trustees of ▇▇▇▇ ▇▇▇▇▇▇▇ Funds II.

 

3.

DEFINED TERMS

 

Unless otherwise defined herein, capitalized terms used herein have the meanings specified in or pursuant to the Agreement.

 

4.

OTHER TERMS OF THE AGREEMENT

 

Except as specifically amended hereby, all of the terms and conditions of the Agreement shall continue to be in full force and effect and shall be binding upon the parties in accordance with their respective terms.

 

(THE REMAINDER OF THIS SPACE HAS BEEN INTENTIONALLY LEFT BLANK)

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by their duly authorized officers as of the date first mentioned above.

 

			▇▇▇▇ ▇▇▇▇▇▇▇ INVESTMENT MANAGEMENT LLC
			By:	/s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇
			Name:	▇▇▇ ▇▇▇▇▇▇▇▇▇
			Title:	Chief Investment Officer

 

MANULIFE INVESTMENT MANAGEMENT (US) LLC
By:	/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇
Name:	▇▇▇▇▇ ▇▇▇▇▇▇▇
Title:	VP

APPENDIX A

 

The Subadviser shall serve as investment subadviser for each Portfolio of the Trust listed below. The Adviser will pay the Subadviser, as full compensation for all services provided under this Agreement with respect to each Portfolio, the fee computed separately for such Portfolio at an annual rate as follows (the “Subadviser Fee”):

 

Portfolio	All Asset Levels
Multi-Index 2065 Lifetime Portfolio Multi-Index 2065 Preservation Portfolio	X.XXXX%

 

Portfolio	All Asset Levels
Multimanager 2065 Lifetime Portfolio	X.XXXX%

 

The Subadviser Fee for a Portfolio shall be based on the applicable annual fee rate for the Portfolio which for each day shall be equal to (i) the sum of the amounts determined by applying the annual percentage rates in the table to the applicable portions of Aggregate Net Assets divided by (ii) Aggregate Net Assets (the “Applicable Annual Fee Rate”). The Subadviser Fee for the Portfolio shall be accrued for each calendar day, and the sum of the daily fee accruals shall be paid monthly to the Subadviser within 30 calendar days of the end of each month. The daily fee accruals will be computed by multiplying the fraction of one over the number of calendar days in the year by the Applicable Annual Fee Rate, and multiplying this product by the net assets of the Portfolio. The Adviser shall provide Subadviser with such information as Subadviser may reasonably request supporting the calculation of the fees paid to it hereunder. Fees shall be paid either by wire transfer or check, as directed by Subadviser.

 

If, with respect to any Portfolio, this Agreement becomes effective or terminates, or if the manner of determining the Applicable Annual Fee Rate changes, before the end of any month, the fee (if any) for the period from the effective date to the end of such month or from the beginning of such month to the date of termination or from the beginning of such month to the date such change, as the case may be, shall be prorated according to the proportion which such period bears to the full month in which such effectiveness or termination or change occurs.