EX-99.D ADVSR CONTR 34 exd47iv_nbfisubamd083116.htm
EX 99.28(d)(47)(iv)

Amendment

to Amended and Restated

 Investment Sub-Advisory Agreement Between

Jackson National Asset Management, LLC

and Neuberger Berman Investment Advisers LLC


This Amendment is made by and between Jackson National Asset Management, LLC, a Michigan limited liability company and registered investment adviser ("Adviser"), and Neuberger Berman Investment Advisers LLC (formerly, Neuberger Berman Fixed Income LLC), a Delaware limited liability company and registered investment adviser ("Sub-Adviser").

Whereas, the Adviser and Sub-Adviser entered into an Investment Sub-Advisory Agreement effective as of the 30th day of April, 2012, as Amended and Restated effective as of the 1st day of December, 2012, and as further amended ("Agreement"), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to certain investment portfolios of JNL Series Trust ("Trust"), as listed on Schedule A to the Agreement.

Whereas, the parties have agreed to amend the Agreement in order to reflect a change in the entity name for the Sub-Adviser.

Whereas, the parties have agreed to amend the following section of the Agreement:

Section 3. "Management."

Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:

Delete all reference to Neuberger Berman Fixed Income LLC in its entirety and replace it with the following entity name:

Neuberger Berman Investment Advisers LLC.

Insert the following as sub-paragraph n) in Section 3. "Management." under the heading entitled: "The Sub-Adviser further agrees that it:"

n)
at its expense, will furnish: (i) all necessary facilities and personnel, including salaries, expenses, and fees of any personnel required for the Sub-Adviser to faithfully perform its duties under this Agreement; and (ii) administrative facilities, including bookkeeping, and all equipment necessary for the efficient conduct of the Sub-Adviser's duties under this Agreement.

In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed and effective as of August 31, 2016.

Jackson National Asset Management, LLC
 
Neuberger Berman Investment Advisers LLC
           
By:
/s/ Mark D. Nerud
  
By:
/s/ Robert Conti
  
Name:
Mark D. Nerud
  
Name:
Robert Conti
  
Title:
President and CEO
  
Title:
Managing Director