EX-99.8(BB) 6 d11410exv99w8xbby.txt LETTER AGREEMENT REGARDING JANUS SERVICES LLC Exhibit 8(bb) September 17, 2003 Mr. Timothy Hudner Janus Services LLC 100 Fillmore Street Denver, Colorado 80206 Dear Mr. Hudner: Attached is revised Appendix B to the Amended and Restated Transfer Agency Agreement dated June 18, 2002 (the "Agreement"), between Janus Investment Fund (the "Trust") and Janus Services, LLC ("Janus Services"). The purpose of the revision is to add the annual $4.00 per open shareholder account fee for Janus Overseas Fund effective September 17, 2003. Pursuant to Section 9 of the Agreement, the Fund hereby requests that Janus Services acknowledge its acceptance of the terms contained in the revised Appendix. Please indicate your acceptance of the foregoing by executing two copies of this letter, returning one copy to the Trust and retaining one copy for your records. JANUS INVESTMENT FUND By: /s/ Kelley Abbott Howes ----------------------- Kelley Abbott Howes Vice President JANUS SERVICES LLC By: /s/ Timothy Hudner ------------------ Timothy Hudner President Agreed to this 17th day of September, 2003. cc: ------------------- Revised effective as of September 17, 2003 APPENDIX B I. NON-MONEY MARKET PORTFOLIOS (a) For transfer agency services provided directly by Janus Services LLC ("Janus Services") each non-money market portfolio of the Trust shall pay Janus Services a fee, calculated and payable for each day that this Agreement is in effect, of 1/365 of 0.16% of the daily closing net asset value of such portfolio on assets sold directly to shareholders, plus reasonable out-of-pocket expenses incurred in connection with Janus Services' services as transfer agent. (b) To reimburse Janus Services for its costs in engaging broker/dealers, insurance companies, banks, trust companies, investment advisers, third party administrators and other financial intermediaries (collectively, "Intermediaries"), each non-money market portfolio of the Trust shall reimburse Janus Services in the amount of 1/365 of 0.21% of the daily closing net asset value of such portfolio on assets sold through Intermediaries plus reasonable out-of-pocket expenses incurred in connection with any services performed directly by Janus Services as transfer agent. (c) In addition, each of the non-money market portfolios listed below shall pay a monthly fee at the annual rate of $4.00 per open shareholder account per year: Janus Balanced Fund Janus Enterprise Fund Janus Core Equity Fund Janus Fund Janus Federal Tax-Exempt Fund Janus Flexible Income Fund Janus Global Life Sciences Fund Janus Global Technology Fund Janus Global Value Fund Janus Growth and Income Fund Janus High-Yield Fund Janus Mercury Fund Janus Olympus Fund Janus Orion Fund Janus Overseas Fund Janus Short-Term Bond Fund Janus Special Equity Fund Janus Strategic Value Fund Janus Worldwide Fund All fees in (a) and (c) above shall be subject to reduction as set forth in Section 5.c. of this Agreement. If an account is open on any day of a month, the per account fee (if applicable) shall be payable for that month. II. MONEY MARKET PORTFOLIOS Notwithstanding the above, however, Janus Services agrees that it shall not look to the Funds or the Trust for compensation for its services provided under this Agreement to Janus Money Market Fund, Janus Government Money Market Fund, Janus Institutional Cash Reserves Fund or Janus Tax-Exempt Money Market Fund (collectively, the "Money Funds"). Janus Services shall be compensated for its services to the Money Funds entirely by Janus Capital Management LLC ("Janus Capital"), the administrator to the Money Funds, pursuant to an Administration Agreement between Janus Capital and each of the Money Funds.