Common use of Compensation of the Sub-Advisor Clause in Contracts

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX on the first $500 million in assets, XX on the next $300 million in assets, XX on the next $200 million in assets, XX on the next $1 billion in assets, and XX on assets over $2 billion, without regard to any total expense limitation or other fee waiver applied by the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Agreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value for purposes of purchases and redemptions of shares. b. The Sub-Advisor reserves the right to waive all or a part of its fees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX % on the first $500 million in assets$ of average daily net assets of the Fund, XX % on the next $300 million in assets, XX on $ of average daily net assets of the next $200 million in assets, XX on the next $1 billion in assetsFund, and XX % on average daily net assets of the Fund over $2 billion, $ ; without regard to any total expense limitation or other fee waiver applied by the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Agreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value for purposes of purchases and redemptions of shares. b. The Sub-Advisor reserves the right to waive all or a part of its fees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX XX% on the first $500 million in assetsof average daily net assets of the Fund, XX XX% on the next $300 500 million in assetsof average daily net assets of the Fund, XX and XX% on average daily net assets of the next $200 million in assets, XX on the next Fund over $1 billion in assets, and XX on assets over $2 billion, ; without regard to any total expense limitation or other fee waiver applied by the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a 12(a) of this Agreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value for purposes of purchases and redemptions of shares. b. The Sub-Advisor reserves the right to waive all or a part of its fees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX on the first $500 200 million in assets, XX on the next $300 million in of assets, XX on the next $200 million in of assets, XX on the next $600 million of assets, XX on the next $1 billion in of assets, and XX on assets over in excess of $2 billion, without regard to any total expense limitation or other fee waiver applied by the Trust or the Advisor. Such fee shall be computed and accrued accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Agreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value for purposes of purchases and redemptions of shares. b. The Sub-Advisor reserves the right to waive all or a part of its fees.

Compensation of the Sub-Advisor. Sub-Advisory Agreement Touchstone International ESG Equity Fund (TFGT) a. As compensation for the services to be rendered and duties undertaken under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX XX% on the first $500 million in assets1 billion of average daily net assets of the Fund, XX and XX% on average daily net assets of the next $300 million in assets, XX on the next $200 million in assets, XX on the next Fund over $1 billion in assets, and XX on assets over $2 billion, ; without regard to any total expense limitation or other fee waiver applied by the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a 12(a) of this Agreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value for purposes of purchases and redemptions of shares. b. The Sub-Advisor reserves the right to waive all or a part of its fees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX XX% on the first $500 200 million in assetsof average daily net assets of the Fund, XX XX% on the next $300 800 million in assetsof average daily net assets of the Fund, XX and XX% on average daily net assets of the next $200 million in assets, XX on the next Fund over $1 billion in assets, and XX on assets over $2 billion, ; without regard to any total expense limitation or other fee waiver applied by the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Agreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value for purposes of purchases and redemptions of shares. b. The Sub-Advisor reserves the right to waive all or a part of its fees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken under this Agreement hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX on 0.45% of the first $500 million in assetsof average daily net assets of the Fund, XX on 0.40% of the next $300 500 million of average daily net assets of the Fund, and 0.35% of the average daily net assets of the Fund in assets, XX on the next $200 million in assets, XX on the next excess of $1 billion in assets, and XX on assets over $2 billion, without regard to any total expense limitation or other fee waiver applied by of the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 12a of this Agreement3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value of the Fund for purposes of purchases and redemptions of sharesshares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its feesfees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken under this Agreement hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX on 0.45% the first $500 million in assets, XX on the next $300 million in assetsof average daily net assets of the Fund, XX on 0.40% of the next $200 million of average daily net assets of the Fund and 0.35% of the average daily net assets of the Fund in assets, XX on the next excess of $1 billion in assets, and XX on assets over $2 billion, 500 million without regard to any total expense limitation or other fee waiver applied by of the Trust or the Advisor. Such fee shall be computed and accrued dailydaily and paid monthly in arrears. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 12a of this Agreement3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value of the Fund for purposes of purchases and redemptions of sharesshares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its feesfees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX on the first $500 50 million in assetsof average daily net assets of the Fund, XX on the next $300 250 million in assets, XX on of average daily net assets of the next $200 million in assets, XX on the next $1 billion in assetsFund, and XX on average daily net assets of the Fund over $2 billion, 300 million without regard to any total expense limitation or other fee waiver applied by the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Agreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value for purposes of purchases and redemptions of shares. b. The Sub-Advisor reserves the right to waive all or a part of its fees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken under this Agreement hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to XX on X.XX% of the first $500 million in assetsof average daily net assets of the Fund, XX on X.XX% of the next $300 500 million of average daily net assets of the Fund, and X.XX% of the average daily net assets of the Fund in assets, XX on the next $200 million in assets, XX on the next excess of $1 billion in assets, and XX on assets over $2 billion, without regard to any total expense limitation or other fee waiver applied by of the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Agreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor’s fee, the daily value of the Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value of the Fund for purposes of purchases and redemptions of sharesshares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees.