Amendment to the Investment Sub-Advisory Agreement Among Jackson National Asset Management, LLC, Epoch Investment Partners, Inc., and Jackson Variable Series Trust

EX. 99.28(d)(11)(iv)

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Amendment

to the Investment Sub-Advisory Agreement Among

▇▇▇▇▇▇▇ National Asset Management, LLC,

Epoch Investment Partners, Inc., and

▇▇▇▇▇▇▇ Variable Series Trust

 

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This Amendment is made by and among ▇▇▇▇▇▇▇ National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (the “Adviser”), Epoch Investment Partners, Inc., a Delaware corporation and registered investment adviser (the “Sub-Adviser”), and ▇▇▇▇▇▇▇ Variable Series Trust, a Massachusetts business trust (the “Trust”).

Whereas, the Adviser, the Sub-Adviser, and the Trust (the “Parties”) entered into an Investment Sub-Advisory Agreement effective as of the 27^th day of April, 2015 (the “Agreement”), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to the JNL/Epoch Global Shareholder Yield Fund of the Trust, as listed on Schedule A to the Agreement.

Whereas, pursuant to the Agreement, the Adviser agreed to pay sub-advisory fees as set forth on Schedule B to the Agreement to the Sub-Adviser for the services provided and the expenses assumed by the Sub-Adviser, and the Sub-Adviser agreed to accept such sub-advisory fees as full compensation under the Agreement for such services and expenses.

Whereas, the Parties agreed to amend the sub-advisory fees, as set forth on Schedule B to the Agreement, to reflect fee reductions for the JNL/Epoch Global Shareholder Yield Fund, effective April 30, 2018.

Now Therefore, in consideration of the mutual covenants herein contained, the Parties hereby agree to amend the Agreement as follows:

1)

Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated April 30, 2018, attached hereto.

2)

Except as specifically amended hereby, the Agreement shall remain in full force and effect in accordance with its terms.

3)

Each of the Parties represents and warrants to the others that it has full authority to enter into this Amendment upon the terms and conditions hereof and that the individual executing this Amendment is duly authorized to bind the respective party to this Amendment.

4)

This Amendment may be executed in one or more counterparts, which together shall constitute one document.

In Witness Whereof, the Parties have caused this Amendment to be executed, effective as of April 30, 2018.

Schedule B

Dated April 30, 2018

(Compensation)

 

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