EX-99.(D)(1)(E) 3 b81330a1exv99wxdyx1yxey.htm AMENDMENT TO ADVISORY AGREEMENT DATED JUNE 1, 2010 exv99wxdyx1yxey
JOHN HANCOCK FUNDS III
AMENDMENT TO ADVISORY AGREEMENT
     AMENDMENT made this 1st day of June 2010 to the Advisory Agreement dated July 1, 2009 (the “Agreement”), between John Hancock Funds III, a Massachusetts business trust (the “Trust”), and John Hancock Investment Management Services, LLC, a Delaware limited liability company. In consideration of the mutual covenants contained herein, the parties agree as follows:
1. CHANGE IN APPENDIX A
     Appendix A of the Agreement, which relates to Section 4 of the Agreement, “Compensation of Adviser,” is hereby amended and restated to add the following series of the Trust, as shown in Appendix A hereto:
John Hancock Disciplined Value Mid Cap Fund
     And, is hereby amended and restated to remove the aggregation of net assets with the following John Hancock Trust series:
John Hancock Growth Opportunities Trust
John Hancock International Growth Trust
John Hancock Value Opportunities Trust
2. EFFECTIVE DATE
     This Amendment shall become effective as of date first mentioned above.
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.

 


 

         
JOHN HANCOCK FUNDS III,    
on behalf of its series listed in Appendix A to this Amendment    
 
       
By:
  /s/ Keith F. Hartstein
 
Keith F. Hartstein
   
 
  President and Chief Executive Officer    
 
       
JOHN HANCOCK INVESTMENT MANAGEMENT SERVICES, LLC    
 
       
By:
  /s/ Bruce Speca
 
Bruce Speca
   
 
  Executive Vice President and Chief Investment Officer    

 


 

APPENDIX A
                         
    First   Next   Excess over
    $2.5 billion   $2.5 billion   $5 billion
Fund   of Net Assets   of Net Assets   of Net Assets
John Hancock Classic Value Mega Cap Fund
    0.790 %     0.780 %     0.770 %
                                         
    First   Next   Next   Next   Excess over
    $500 million   $500 million   $500 million   $1 billion   $2.5 billion
    of Net   of Net   of Net   of Net   of Net
Fund   Assets   Assets   Assets   Assets   Assets
John Hancock Disciplined Value Fund
    0.750 %     0.725 %     0.700 %     0.675 %     0.650 %
                                         
    First   Next   Next   Next   Excess over
    $500 million   $500 million   $500 million   $1 billion   $2.5 billion
Fund   of Net Assets   of Net Assets   of Net Assets   of Net Assets   of Net Assets
John Hancock Disciplined Value Mid Cap Fund
    0.800 %     0.775 %     0.750 %     0.725 %     0.700 %
                         
    First   Next   Excess over
    $500 million   $500 million   $1 billion
Fund   of Net Assets   of Net Assets   of Net Assets
John Hancock Global Shareholder Yield Fund
    0.875 %     0.850 %     0.800 %
                                 
    First   Next   Next   Excess Over
    $500 million   $500 million   $1.5 billion   $2.5 billion
Fund   of Net Assets   of Net Assets   of Net Assets   of Net Assets
John Hancock Growth Opportunities Fund
    0.800 %     0.780 %     0.770 %     0.760 %
                                                 
    First   Next                            
    $100   $900                           Excess
    million   million   Next   Next   Next   over
    of   of   $1 billion   $1 billion   $1 billion   $4 billion
    Aggregate   Aggregate   of   of   of   of
Fund   Net Assets   Net Assets   Aggregate Net Assets   Aggregate Net Assets   Aggregate Net Assets   Aggregate Net Assets
John Hancock International Core Fund1
    0.920 %     0.895 %     0.880 %     0.850 %     0.825 %     0.800 %
 
1   For purposes of determining Aggregate Net Assets, the net assets of: the International Core Fund, a series of John Hancock Funds III and the International Core Trust, a series of John Hancock Trust, are included.
                                                 
    First   Next                           Excess
    $100   $900   Next   Next   Next   over
    million   million   $1 billion   $1 billion   $1 billion   $4 billion
    of   of   of   of   of   of
    Net   Net   Net   Net   Net   Net
Fund   Assets   Assets   Assets   Assets   Assets   Assets
John Hancock International Growth Fund
    0.920 %     0.895 %     0.880 %     0.850 %     0.825 %     0.800 %

A-1


 

                         
    First   Next   Over
    $500 million   $500 million   $1 billion
Fund   of Net Assets   of Net Assets   of Net Assets
John Hancock Leveraged Companies Fund
    0.750 %     0.725 %     0.700 %
                         
    First   Next   Over
    $3 billion   $3 billion   $6 billion
    of Aggregate   of Aggregate   of Aggregate
Fund   Net Assets   Net Assets   Net Assets
John Hancock Rainier Growth Fund1
    0.750 %     0.725 %     0.700 %
 
1   For purposes of determining Aggregate Net Assets, the net assets of the Growth Equity Trust, a series of John Hancock Trust, and the John Hancock Rainier Growth Fund, a series of John Hancock Funds III are included.
                 
    First   Over
    $1 billion   $1 billion
Fund   of Net Assets   of Net Assets
John Hancock Small Cap Opportunities Fund
    0.900 %     0.850 %
                         
    First   Next   Excess over
    $500 million   $500 million   $1 billion
Fund   of Net Assets   of Net Assets   of Net Assets
John Hancock Small Company Fund
    0.900 %     0.850 %     0.800 %
                                         
    First   Next   Next   Next   Excess over
    $500 million   $500 million   $1 billion   $1 billion   $3 billion
    of Net   of Net   of Net   of Net   of Net
Fund   Assets   Assets   Assets   Assets   Assets
John Hancock U.S. Core Fund
    0.780 %     0.760 %     0.750 %     0.740 %     0.720 %
                                 
    First   Next   Next   Excess Over
    $500 million   $500 million   $1.5 billion   $2.5 billion
Fund   of Net Assets   of Net Assets   of Net Assets   of Net Assets
John Hancock Value Opportunities Fund
    0.800 %     0.780 %     0.770 %     0.760 %

A-2


 

John Hancock International Allocation Portfolio
(the “Fund”)
The Trust will pay the Adviser, as full compensation for all services provided under this Agreement with respect to the Fund, a fee as follows (the “Adviser Fee”).
The Adviser Fee has two components: (a) a fee on assets invested in funds of John Hancock Funds II and John Hancock Funds III (“Fund Assets”) and (b) a fee on assets not invested in Fund Assets (“Other Assets”).
The fee on Fund Assets is stated as an annual percentage of the current value of the net assets of the Fund determined in accordance with the following schedule and that rate is applied to the Fund Assets of the Fund.
Fee Table for Fund Assets
                 
    First   Excess over
    $500 million   $500 million
    of Net Assets   of Net Assets
 
    0.050 %     0.040 %
The fee on Other Assets is stated as an annual percentage of the current value of the net assets of the Fund determined in accordance with the following schedule and that rate is applied to the Other Assets of the Fund.
Fee Table for Other Assets
                 
    First   Excess over
    $500 million   $500 million
    of Net Assets   of Net Assets
 
    0.500 %     0.490 %
     For purposes of determining Net Assets of the Fund and calculating the fee on Fund Assets and the fee on Other Assets, the net assets of the Fund, the net assets of the Fund invested in Funds Assets and the net assets of the Fund invested in Other Assets are determined as of the close of business on the previous business day of the Trust.
     The fee on Fund Assets for the Fund shall be based on the applicable annual Fund Assets fee rate for the Fund which for each day shall be equal to (i) the sum of the amounts determined by applying the annual percentage rates in the Fee Table for Funds Assets to the applicable portion of Net Assets of Fund divided by (ii) Net Assets of Fund (the “Applicable Annual Affiliated Funds Fee Rate”).
     The fee on Other Assets for the Fund shall be based on the applicable annual Other Assets fee rate for the Fund which for each day shall be equal to (i) the sum of the amounts determined by applying the annual percentage rates in the Fee Table for Other Assets to the applicable portions of Net Assets of the Fund divided by (ii) Net Assets of the Fund (the “Applicable Annual Other Assets Fee Rate”).

A-3