EX-99.D.3.A 5 l05164dexv99wdw3wa.txt EXHIBIT 99(D)(3)(A) Exhibit (d)(3)(a) AMENDMENT TO THE SUB-ADVISORY AGREEMENT The Sub-Advisory Agreement entered into by and between Ohio National Investments, Inc. (the "Adviser") and Janus Capital Management LLC (the "Sub-Adviser") as of April 3, 2002 for investment advisory services with respect to the Aggressive Growth Portfolio of Ohio National Fund, Inc. is hereby amended, effective July 1, 2003, by amendment Section 7 thereof to read as follows: SECTION 7. Proxies The Adviser shall vote proxies for securities held by the Fund in accordance with the Adviser's policies for proxy voting. The Adviser agrees that it shall provide the Sub-Adviser a copy of the Adviser's policies. In Witness Whereof, this Amendment has been executed by the parties hereto effective as of the first day of July, 2003. OHIO NATIONAL INVESTMENTS, INC. JANUS CAPITAL MANAGEMENT LLC By: /s/ Christopher A. Carlson By: /s/Bonnie M. Howe ------------------------------------- -------------------------- Christopher A. Carlson, President Bonnie M. Howe Accepted and Agreed: OHIO NATIONAL FUND, INC. By: /s/John J. Palmer ------------------------------------- John J. Palmer, President Amd Sub Advisory - Signature ONII-Janus