1 EXHIBIT 10.10(c) NUVEEN INVESTMENT TRUST II RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT This Agreement made this 22nd day of May, 1999 by and between Nuveen Investment Trust II, a Massachusetts business trust (the "Fund"), and Nuveen Institutional Advisory Corp., a Delaware corporation (the "Adviser"); WHEREAS, the parties hereto are the contracting parties under that certain Management Agreement (the "Agreement") pursuant to which the Adviser furnishes investment advisory and management services and certain other services to the Fund; and WHEREAS, the Board of Trustees, at a meeting called for the purpose of reviewing the Agreement, have approved the Agreement and its continuance until August 1, 2000 in the manner required by the Investment Company Act of 1940. NOW THEREFORE, in consideration of the mutual covenants contained in the Agreement, the parties hereto do hereby approve the continuance of the Agreement in effect until August 1, 2000 and do ratify and confirm the Agreement in all respects. NUVEEN INVESTMENT TRUST II By: ---------------------------- Vice President ATTEST: - ------------------------------------ Assistant Secretary NUVEEN INSTITUTIONAL ADVISORY CORP. By: ---------------------------- Vice President ATTEST: - ------------------------------------ Assistant Secretary 2 NUVEEN INVESTMENT TRUST II MANAGEMENT AGREEMENT SCHEDULE A The Funds of the Trust currently subject to this Agreement and the effective date of each are as follows: FUND EFFECTIVE DATE INITIAL TERM Nuveen Rittenhouse Growth Fund October 31, 1997 Until August 1, 1999 Nuveen Innovation Fund December 17, 1999 Until August 1, 2001 Nuveen International Growth Fund December 17, 1999 Until August 1, 2001 3 NUVEEN INVESTMENT TRUST II MANAGEMENT AGREEMENT SCHEDULE B Compensation pursuant to Section 7 of this Agreement shall be calculated with respect to each Fund in accordance with the following schedule applicable to the average daily net assets of the Fund: NUVEEN RITTENHOUSE GROWTH FUND AVERAGE DAILY NET ASSET VALUE FUND MANAGEMENT FEE For the first $125 million .8500 of 1% For the next $125 million .8375 of 1% For the next $250 million .8250 of 1% For the next $500 million .8125 of 1% For the next $1 billion .8000 of 1% For assets over $2 billion .7750 of 1% NUVEEN INNOVATION FUND AVERAGE DAILY NET ASSET VALUE FUND MANAGEMENT FEE For the first $125 million 1.0000 of 1% For the next $125 million .9875 of 1% For the next $250 million .9750 of 1% For the next $500 million .9625 of 1% For the next $1 billion .9500 of 1% For assets over $2 billion .9250 of 1% NUVEEN INTERNATIONAL GROWTH FUND AVERAGE DAILY NET ASSET VALUE FUND MANAGEMENT FEE For the first $125 million 1.0500 of 1% For the next $125 million 1.0375 of 1% For the next $250 million 1.0250 of 1% For the next $500 million 1.0125 of 1% For the next $1 billion 1.0000 of 1% For assets over $2 billion .9750 of 1%