EX-8.(V) 10 d01959exv8wxvy.txt FORM OF LETTER AGREEMENT EXHIBIT 8(v) JANUS 100 FILLMORE STREET DENVER, CO 80206-4928 PH: 030.333.3863 www.janus.com Form of LETTER AGREEMENT December 10, 2002 Mr. Timothy Hudner Janus Services LLC 100 Fillmore Street Denver, Colorado 80206 Dear Mr. Hudner: Attached are amended Appendix A and 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 revised Appendices will be effective as of February 28, 2003. The purpose of the amendments is: to reflect the merger of Janus Fund 2 into Janus Fund; to reflect the merger of Janus Special Situations Fund into Janus Strategic Value Fund and to rename the surviving fund Janus Special Equity Fund; to add Janus Risk-Managed Stock Fund as an additional portfolio of the Trust; and to add the $4.00 per open account fee for Janus Fund, Janus Global Technology Fund, Janus Global Life Sciences Fund, Janus Olympus Fund and Janus Worldwide Fund. Pursuant to Section 9 of the Agreement, the Fund hereby requests that Janus Services acknowledge its acceptance of the terms contained in the revised Appendices. 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: -------------------------------------------------- Kelley Abbott Howes Vice President JANUS SERVICES LLC By: -------------------------------------------------- Timothy Hudner President Agreed to this 10th day of December, 2002. cc: Christine A. Malles Revised as of December 10, 2002 APPENDIX A Janus Money Market Fund Janus Government Money Market Fund Janus Tax-Exempt Money Market Fund Janus Institutional Cash Reserves Fund Janus High-Yield Fund Janus Olympus Fund Janus Venture Fund Janus Fund Janus Twenty Fund Janus Enterprise Fund Janus Mercury Fund Janus Overseas Fund Janus Worldwide Fund Janus Growth and Income Fund Janus Balanced Fund Janus Flexible Income Fund Janus Short-Term Bond Fund Janus Federal Tax-Exempt Fund Janus Core Equity Fund Janus Special Equity Fund Janus Global Life Sciences Fund Janus Global Technology Fund Janus Orion Fund Janus Global Value Fund Janus Risk-Managed Stock Fund Revised as of December 10, 2002 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 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.