EX-99.(D)(20)(L) 97 b73715a1exv99wxdyx20yxly.htm EX-99.(D)(20)(L) AMANEDMENT DATED DECEMBER 26, 2007 exv99wxdyx20yxly
AMENDMENT TO
John Hancock Trust
AMENDED AND RESTATED SUBADVISORY CONSULTING AGREEMENT
DEUTSCHE INVESTMENT MANAGEMENT AMERICAS INC.
AMENDMENT made as of this 26TH day of December, 2007 to the Amended and Restated Subadvisory Consulting Agreement dated April 30, 2004 (the “Agreement”) among John Hancock Investment Management Services, LLC (formerly, Manufacturers Securities Services, LLC), a Delaware limited liability company (the “Adviser”), MFC Global Investment Management (U.S.A.) Limited, a Canadian Corporation (the “Subadviser”) and Deutsche Investment Management Americas Inc., a Delaware corporation (the “Deutsche”). In consideration of the mutual covenants contained herein, the parties agree as follows:
1. CHANGE IN APPENDIX A
Appendix A of the Agreement, “Compensation of Deutsche,” is hereby amended to add the subadvisory consulting fee for the following:
Lifecycle 2010 Trust
Lifecycle 2015 Trust
Lifecycle 2020 Trust
Lifecycle 2025 Trust
Lifecycle 2030 Trust
Lifecycle 2035 Trust
Lifecycle 2040 Trust
Lifecycle 2045 Trust
Lifecycle 2050 Trust
Lifecycle Retirement Trust
2. EFFECTIVE DATE
This Amendment shall become effective on the later to occur of: (i) approval of the Amendment by the Board of Trustees of John Hancock Trust and (ii) execution of the Amendment.
(THE REMAINDER OF THIS SPACE HAS BEEN INTENTIONALLY LEFT BLANK)

 

 

     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by their duly authorized officers as of the date first mentioned above.
         
  JOHN HANCOCK INVESTMENT MANAGEMENT SERVICES, LLC
 		  
  By:   /s/Bruce R. Speca    
    Bruce R. Speca   
    Executive Vice President   
 
  MFC GLOBAL INVESTMENT MANAGEMENT (U.S.A.) LIMITED
 		  
  By:   /s/Hasan Khan    
    Name:   Hasan Khan   
    Title:   Compliance Officer   
 
  DEUTSCHE INVESTMENT MANAGEMENT AMERICAS INC.
 		  
  By:   /s/Cynthia Nestle    
    Name:   Cynthia Nestle   
    Title:   Managing Director   
 
     
  By:   /s/Robert Wang    
    Name:   Robert Wang   
    Title:   Managing Director   
 

2

 

APPENDIX A
The Subadviser shall serve as investment subadviser for each Portfolio of the Trust listed below. The Adviser will pay the Deutsche, as full compensation for all services provided under this Agreement with respect to each Portfolio, the fee computed separately for such Portfolio at an annual rate as follows (the “Subadviser Consulting Fee”):
                         
            Between        
            $1.5 billion        
    First     and     Excess Over  
    $1.5 billion     $7.5 billion     $7.5 billion  
    of Aggregate     of Aggregate     of Aggregate  
Portfolio   Net Assets*     Net Assets*     Net Assets*  
Lifecycle 2010 Trust
                        
Lifecycle 2015 Trust
                        
Lifecycle 2020 Trust
                        
Lifecycle 2025 Trust
                        
Lifecycle 2030 Trust
                        
Lifecycle 2035 Trust
                        
Lifecycle 2040 Trust
                        
Lifecycle 2045 Trust
                        
Lifecycle 2050 Trust
                        
Lifecycle Retirement Trust
                        
 
*   The term Aggregate Net Assets includes the net assets of a Portfolio of the Trust. It also includes with respect to each Portfolio the net assets of one or more other portfolios as indicated below, but in each case only for the period during which the Subadviser for the Portfolio also serves as the subadviser for the other portfolio(s). For purposes of determining Aggregate Net Assets and calculating the Subadviser Fee, the net assets of the Portfolio and each other portfolio of the Trust are determined as of the close of business on the previous business day of the Trust, and the net assets of each portfolio of each other fund are determined as of the close of business on the previous business day of that fund.

A-1

 

         
Lifecycle 2010 Trust
  —   Lifecycle 2015 Trust
 
      Lifecycle 2020 Trust
 
      Lifecycle 2025 Trust
 
      Lifecycle 2030 Trust
 
      Lifecycle 2035 Trust
 
      Lifecycle 2040 Trust
 
      Lifecycle 2045 Trust
 
      Lifecycle 2050 Trust
 
      Lifecycle Retirement Trust
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
        
Lifecycle 2015 Trust
  —   Lifecycle 2010 Trust
 
      Lifecycle 2020 Trust
 
      Lifecycle 2025 Trust
 
      Lifecycle 2030 Trust
 
      Lifecycle 2035 Trust
 
      Lifecycle 2040 Trust
 
      Lifecycle 2045 Trust
 
      Lifecycle 2050 Trust
 
      Lifecycle Retirement Trust
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
        
Lifecycle 2020 Trust
  —   Lifecycle 2010 Trust
 
      Lifecycle 2015 Trust
 
      Lifecycle 2025 Trust
 
      Lifecycle 2030 Trust
 
      Lifecycle 2035 Trust
 
      Lifecycle 2040 Trust
 
      Lifecycle 2045 Trust
 
      Lifecycle 2050 Trust
 
      Lifecycle Retirement Trust
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
        
Lifecycle 2025 Trust
  —   Lifecycle 2010 Trust
 
      Lifecycle 2015 Trust
 
      Lifecycle 2020 Trust
 
      Lifecycle 2030 Trust
 
      Lifecycle 2035 Trust
 
      Lifecycle 2040 Trust
 
      Lifecycle 2045 Trust
 
      Lifecycle 2050 Trust
 
      Lifecycle Retirement Trust

A-2

 

         
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
        
Lifecycle 2030 Trust
  —   Lifecycle 2010 Trust
 
      Lifecycle 2015 Trust
 
      Lifecycle 2020 Trust
 
      Lifecycle 2025 Trust
 
      Lifecycle 2035 Trust
 
      Lifecycle 2040 Trust
 
      Lifecycle 2045 Trust
 
      Lifecycle 2050 Trust
 
      Lifecycle Retirement Trust
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
        
Lifecycle 2035 Trust
  —   Lifecycle 2010 Trust
 
      Lifecycle 2015 Trust
 
      Lifecycle 2020 Trust
 
      Lifecycle 2025 Trust
 
      Lifecycle 2030 Trust
 
      Lifecycle 2040 Trust
 
      Lifecycle 2045 Trust
 
      Lifecycle 2050 Trust
 
      Lifecycle Retirement Trust
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
        
Lifecycle 2040 Trust
  —   Lifecycle 2010 Trust
 
      Lifecycle 2015 Trust
 
      Lifecycle 2020 Trust
 
      Lifecycle 2025 Trust
 
      Lifecycle 2030 Trust
 
      Lifecycle 2035 Trust
 
      Lifecycle 2045 Trust
 
      Lifecycle 2050 Trust
 
      Lifecycle Retirement Trust
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
        
Lifecycle 2045 Trust
  —   Lifecycle 2010 Trust
 
      Lifecycle 2015 Trust
 
      Lifecycle 2020 Trust
 
      Lifecycle 2025 Trust
 
      Lifecycle 2030 Trust
 
      Lifecycle 2035 Trust
 
      Lifecycle 2040 Trust

A-3

 

         
 
      Lifecycle 2050 Trust
 
      Lifecycle Retirement Trust
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
        
Lifecycle 2050 Trust
  —   Lifecycle 2010 Trust
 
      Lifecycle 2015 Trust
 
      Lifecycle 2020 Trust
 
      Lifecycle 2025 Trust
 
      Lifecycle 2030 Trust
 
      Lifecycle 2035 Trust
 
      Lifecycle 2040 Trust
 
      Lifecycle 2045 Trust
 
      Lifecycle Retirement Trust
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
        
Lifecycle Retirement Trust
  —   Lifecycle 2010 Trust
 
      Lifecycle 2015 Trust
 
      Lifecycle 2020 Trust
 
      Lifecycle 2025 Trust
 
      Lifecycle 2030 Trust
 
      Lifecycle 2035 Trust
 
      Lifecycle 2040 Trust
 
      Lifecycle 2045 Trust
 
      Lifecycle 2050 Trust
 
      Each a series of John Hancock Trust
 
      JHFII Lifecycle Funds*
 
*   The JHFII Lifecycle Funds are as follows Lifecycle 2010 Portfolio, Lifecycle 2015 Portfolio, Lifecycle 2020 Portfolio, Lifecycle 2025 Portfolio, Lifecycle 2030 Portfolio, Lifecycle 2035 Portfolio, Lifecycle 2040 Portfolio, Lifecycle 2045 Portfolio, Lifecycle 2050 Portfolio, and Lifecycle Retirement Portfolio
     The Subadviser Consulting Fee for a Portfolio shall be based on the applicable annual fee rate for the Portfolio which for each day shall be equal to (i) the sum of the amounts determined by applying the annual percentage rates in the table to the applicable portions of Aggregate Net Assets divided by (ii) Aggregate Net Assets (the “Applicable Annual Fee Rate”). The Subadviser Consulting Fee for each Portfolio shall be accrued for each calendar day, and the sum of the daily fee accruals shall be paid monthly to the Subadviser within 30 calendar days of the end of each month. The daily fee accruals will be computed by multiplying the fraction of one over the number of calendar days in the year by the Applicable Annual Fee Rate, and multiplying this product by the net assets of the Portfolio. The Adviser shall provide Deutsche with such information as Deutsche may reasonably request supporting the calculation of the fees paid to it hereunder. Fees shall be paid either by wire transfer or check, as directed by Deutsche.

A-4

 

     If, with respect to any Portfolio, this Agreement becomes effective or terminates, or if the manner of determining the Applicable Annual Fee Rate changes, before the end of any month, the fee (if any) for the period from the effective date to the end of such month or from the beginning of such month to the date of termination or from the beginning of such month to the date such change, as the case may be, shall be prorated according to the proportion which such period bears to the full month in which such effectiveness or termination or change occurs.

A-5