AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND BLACKROCK INVESTMENT MANAGEMENT, LLC
AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC. AND
BLACKROCK INVESTMENT MANAGEMENT, LLC
THIS AMENDMENT is made as of May 1, 2023 to the Investment Sub-Advisory Agreement dated May 1, 2014, as amended (the ‘‘Agreement”), between Transamerica Asset Management, Inc. and BlackRock Investment Management, LLC (the “Sub-Adviser”). In consideration of the mutual covenants contained herein, the parties agree as follows:
| 1. | Schedule A. Schedule A to the Agreement is hereby deleted and replaced with the attached revised Schedule A effective May 1, 2023, and all references in the Agreement to Schedule A shall be deemed to refer to the attached Schedule A. |
In all other respects, the Investment Sub-Advisory Agreement dated May 1, 2014, as amended, is confirmed and remains in full force and effect.
| TRANSAMERICA ASSET MANAGEMENT, INC. | ||
| By: |
| |
| Name: | ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ | |
| Title: | Senior Vice President | |
| BLACKROCK INVESTMENT MANAGEMENT, LLC | ||
| By: |
| |
| Name: | ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ | |
| Title: | Director | |
SCHEDULE A
as May 1, 2023
| Fund |
Investment Subadvisory Fee* | |||
| Transamerica BlackRock Real Estate |
0.34% of the first $250 million | |||
| Securities VP |
0.32% over $250 million up to $750 million | |||
| 0.30% over $750 million | ||||
| Transamerica BlackRock Government Money Market VP** |
0.024% |
* As a percentage of average daily net assets on an annual basis.
**The average daily net assets for the purpose of calculating the Investment Sub-advisory Fee will be determined excluding assets that are invested in a BlackRock money market fund.
