EX-99.4(JJ) 10 ex99_4jj-640471.txt AMENDMENT TO INVESTMENT ADVISORY AGREE. EXHIBIT NO. 99.4(jj) AMENDMENT #1 TO INVESTMENT ADVISORY AGREEMENT AMENDMENT dated as of September 1, 2005 to the Investment Advisory Agreement dated August 31, 2000, as amended, by and between MFS/Sun Life Series Trust (the "Trust") on behalf of the Mid Cap Growth Series (a "Fund") and Massachusetts Financial Services Company, a Delaware corporation (the "Adviser") (the "Agreement"). WITNESSETH WHEREAS, the Trust on behalf of each Fund has entered into the Agreement with the Adviser; and WHEREAS, the Adviser has agreed to amend the Agreement as provided below; NOW THEREFORE, in consideration of the mutual covenants and agreements of the parties hereto as herein set forth, the parties covenant and agree as follows: 1. Amendment of the Agreement: Article 3. Compensation of the Adviser is deleted in its entirety and replaced with the following: ARTICLE 3. COMPENSATION OF THE ADVISER. For the services to be rendered and the facilities provided, the Fund shall pay to the Adviser an investment advisory fee computed and paid annually at a rate equal to 0.75% on the first $1 billion of the Fund's average daily net assets and 0.70% on assets in excess of $1 billion of the Fund's average daily net assets. If the Adviser shall serve for less than the whole of any period specified in this Article 3, the compensation to the Adviser will be prorated. 2. Miscellaneous: Except as set forth in this Amendment, the Agreement shall remain in full force and effect, without amendment or modification. 3. Limitation of Liability of the Trustees and Shareholders: A copy of the Trust's Declaration of Trust is on file with the Secretary of State of The Commonwealth of Massachusetts. The parties hereto acknowledge that the obligations of or arising out of this instrument are not binding upon any of the Trust's trustees, officers, employees, agents or shareholders individually, but are binding solely upon the assets and property of the Trust in accordance with its proportionate interest hereunder. If this instrument is executed by the Trust on behalf of one or more series of the Trust, the parties hereto acknowledge that the assets and liabilities of each series of the Trust are separate and distinct and that the obligations of or arising out of this instrument are binding solely upon the assets or property of the series on whose behalf the Trust has executed this instrument. If the Trust has executed this instrument on behalf of more than one series of the Trust, the parties hereto also agree that the obligations of each series hereunder shall be several and not joint, in accordance with its proportionate interest hereunder, and the parties hereto agree not to proceed against any series for the obligations of another series. IN WITNESS WHEREOF, the parties have caused this Amendment to the Agreement to be executed and delivered in the names and on their behalf by the undersigned, therewith duly authorized, all as of the day and year first above written. MFS/SUN LIFE SERIES TRUST on behalf of Mid Cap Growth Series By: SUSAN S. NEWTON ------------------------------- Susan S. Newton Assistant Secretary MASSACHUSETTS FINANCIAL SERVICES COMPANY By: JEFFREY N. CARP ------------------------------- Jeffrey N. Carp Executive Vice President