AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND ARONSON+JOHNSON+ORTIZ, L.P.
Exhibit (d)(45)
AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC.
AND
▇▇▇▇▇▇▇+▇▇▇▇▇▇▇+▇▇▇▇▇, ▇.▇.
THIS AMENDMENT is made as of 2:00 p.m. on November 27, 2009 to the Sub-Advisory Agreement dated as of January 1, 2009 (the “Agreement”), between Transamerica Asset Management, Inc. and ▇▇▇▇▇▇▇+▇▇▇▇▇▇▇+▇▇▇▇▇, ▇.▇. In consideration of the mutual covenants contained herein, the parties agree as follows:
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2. |
Compensation and Schedule of Portfolios Under Management. Effective November 27, 2009, Schedule A to the Agreement is amended as follows: |
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Portfolio |
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Investment Subadvisory Fee |
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Transamerica Partners Large Value Portfolio |
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0.30% of the first $250 million; 0.20% from $250 million up to $500 million; 0.15% from $500 million up to $1 billion; and 0.125% of average daily net assets in excess of $1 billion.* |
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Transamerica Partners Value Portfolio |
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0.30% of the first $250 million; 0.20% from $250 million up to $500 million; 0.15% from $500 million up to $1 billion; and 0.125% of average daily net assets in excess of $1 billion. |
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* |
The average daily net assets for the purpose of calculating subadvisory fees will be determined on a combined basis with Transamerica Partners Portfolios - Transamerica Partners Large Core Portfolio also sub-advised by ▇▇▇▇▇▇▇+▇▇▇▇▇▇▇+▇▇▇▇▇, ▇▇. |
In all other respects, the Sub-Advisory Agreement dated as of January 1, 2009 is confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of 2:00 p.m. on November 27, 2009.
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TRANSAMERICA ASSET MANAGEMENT, INC. |
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By: |
/s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ |
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Name: |
▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ |
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Title: |
Senior Vice President and Chief Investment Officer |
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▇▇▇▇▇▇▇+▇▇▇▇▇▇▇+▇▇▇▇▇, ▇.▇. |
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By: |
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Name: |
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Title: |
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