EX-99.D(114) 3 tm2133063d1_ex-d114.htm AMENDMENT 1 TO INVESTMENT SUBADVISORY AGREEMENT W/ METROPOLITAN WEST ASSET MANAGEMENT, LLC FOR MASSMUTUAL TOTAL RETURN BOND FUND

Exhibit D(114)

 

AMENDMENT ONE

DATED MAY 1, 2021 TO

INVESTMENT SUBADVISORY AGREEMENT

for MassMutual Total Return Bond Fund

 

WHEREAS, MML Investment Advisers, LLC ("MML Advisers") and Metropolitan West Asset Management, LLC (the "Subadviser") entered into an Investment Subadvisory Agreement (the "Agreement"), effective as of November 19, 2014, relating to the MassMutual Select Total Return Bond Fund (now known as MassMutual Total Return Bond Fund) (the "Fund"); and

 

WHEREAS, MML Advisers and the Subadviser desire to amend the compensation of the Subadviser as described in the Agreement; and

 

WHEREAS, Section 15 of the Agreement permits the Agreement to be amended by a written instrument approved in writing by both parties;

 

NOW THEREFORE, IT IS AGREED THAT:

 

1.Capitalized terms used herein but not otherwise defined shall have the meanings given to those terms in the Agreement.

 

2.Section 4 – Compensation of the Subadviser is replaced in its entirety with the following:

 

The Subadviser will bear all expenses in connection with the performance of its services under this Subadvisory Agreement, which expenses shall not include brokerage fees or commissions in connection with the effectuation of securities transactions for the Portfolio. For the services provided and the expenses assumed pursuant to this Subadvisory Agreement, MML Advisers agrees to pay the Subadviser and the Subadviser agrees to accept as full compensation for the performance of all functions and duties on its part to be performed pursuant to the provisions hereof, a fee paid monthly, in arrears, at the following rate: [ ].

 

3.Except as expressly amended hereby, all provisions of the Agreement remain in full force and effect and are unchanged in all other respects.

 

4.This Amendment may be executed in one or more counterparts, each of which shall be deemed to be an original and, all of which, when taken together, shall constitute one and the same instrument.

 

 

 

 

IN WITNESS WHEREOF, the parties hereto intending to be legally bound have caused this Amendment to be executed by their duly authorized officers or other representatives as of the day and year first above written.

 

MML INVESTMENT ADVISERS, LLC   METROPOLITAN WEST ASSET MANAGEMENT, LLC
         
         
By: /s/ Douglas Steele   By: /s/ David Lippman
Name: Douglas Steele   Name: David Lippman
Title: Vice President   Title: Chief Executive Officer
         
         
Acknowledged and Agreed:      
         
MASSMUTUAL SELECT FUNDS      
on behalf of MassMutual Total Return Bond Fund      
         
         
By: /s/ Renee Hitchcock      
Name: Renee Hitchcock      
Title: CFO and Treasurer