Exhibit 5a MANAGEMENT AGREEMENT MANAGEMENT AGREEMENT, made this 1st day of February, 1995, by and between ARIEL CAPITAL MANAGEMENT, INC., an Illinois corporation (the "Adviser/Manager"), and ARIEL GROWTH FUND, a Massachusetts business trust, d/b/a...Management Agreement • January 24th, 1996 • Ariel Growth Fund • Illinois
WITNESSETH:Custody Agreement • January 24th, 1996 • Ariel Growth Fund • Missouri
Exhibit 99.d(1) SUBADVISORY AGREEMENT IN RESPECT TO ARIEL PREMIER GROWTH FUND THIS SUBADVISORY AGREEMENT (the "Agreement") is made as of May 20, 2003, by and between ARIEL CAPITAL MANAGEMENT, INC., an Illinois corporation ("Ariel"), and LINCOLN EQUITY...Subadvisory Agreement • November 25th, 2003 • Ariel Investment Trust • Illinois
Exhibit 99.e (1) ADDENDUM TO UNDERWRITING AGREEMENT DATED MAY 16, 1995 BETWEEN ARIEL DISTRIBUTORS, INC., AND ARIEL INVESTMENT TRUST f/k/a ARIEL GROWTH FUND For the services performed and the obligations assumed by Ariel Distributors, Inc., in respect...Underwriting Agreement • June 30th, 2005 • Ariel Investment Trust
ADDENDUM TO UNDERWRITING AGREEMENT DATED MAY 16, 1995 BETWEEN ARIEL DISTRIBUTORS, INC., AND ARIEL INVESTMENT TRUST f/k/a ARIEL GROWTH FUND
EXHIBIT 99.d (1) ADDENDUM TO MANAGEMENT AGREEMENT DATED FEBRUARY 1, 1995 BETWEEN ARIEL CAPITAL MANAGEMENT, INC. AND ARIEL INVESTMENT TRUST f/k/a ARIEL GROWTH FUND The series of Ariel Investment Trust (the "Trust") designated Ariel Focus Fund (the...Management Agreement • June 30th, 2005 • Ariel Investment Trust
The series of Ariel Investment Trust (the "Trust") designated Ariel Focus Fund (the "Fund") shall be managed by Ariel Capital Management, LLC (the "Adviser/Manager") pursuant to the Management Agreement between Ariel Capital Management, Inc. and the Trust dated February 1, 1995, with an initial effective date of February 1, 1995, which was assumed by the Adviser/Manager pursuant to an Assumption Agreement dated February 1, 2004 between the Adviser/Manager and the Trust. The compensation payable out of the assets of the Fund pursuant to Section 4(a) of the Agreement shall be at the following annual rates:
WITNESSETH:Agency Agreement • January 24th, 1996 • Ariel Growth Fund • Missouri
MANAGEMENT AGREEMENT IN RESPECT TO ARIEL PREMIER GROWTH FUND MANAGEMENT AGREEMENT, made this 15th day of October, 2001, by and between ARIEL CAPITAL MANAGEMENT, INC., an Illinois corporation (the "Adviser/Manager"), and ARIEL GROWTH FUND, a...Management Agreement • October 24th, 2001 • Ariel Growth Fund • Illinois
Exhibit 6 UNDERWRITING AGREEMENT UNDERWRITING AGREEMENT, made as of the sixteenth day of May, 1995, by and between ARIEL DISTRIBUTORS, INC., an Illinois corporation (the "Distributor"), and ARIEL GROWTH FUND, d/b/a ARIEL INVESTMENT TRUST, a...Underwriting Agreement • January 24th, 1996 • Ariel Growth Fund • Illinois
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • November 24th, 2015 • Ariel Investment Trust
THIS AGREEMENT is made this 17th day of November 2015, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • January 27th, 2020 • Ariel Investment Trust
THIS AGREEMENT is made this 19th day of November 2019, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • January 28th, 2022 • Ariel Investment Trust
THIS AGREEMENT is made this 30th day of November 2021, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • January 28th, 2021 • Ariel Investment Trust
THIS AGREEMENT is made this 1st day of December 2020, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • January 25th, 2019 • Ariel Investment Trust
THIS AGREEMENT is made this 27th day of November 2018, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • January 26th, 2024 • Ariel Investment Trust
THIS AGREEMENT is made this 28th day of November 2023, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
Exhibit 99(d)(1) ASSUMPTION AGREEMENT THIS ASSUMPTION AGREEMENT is made as of February 1, 2004, by and between Ariel Investment Trust ("Trust") and Ariel Capital Management, LLC, a Delaware limited liability company. WHEREAS, the Trust is an open-end...Assumption Agreement • November 23rd, 2004 • Ariel Investment Trust
RECITALS:Agreement to Waive Fees and Reimburse Expenses • June 30th, 2005 • Ariel Investment Trust
AGREEMENTFee Waiver and Expense Reimbursement Agreement • December 30th, 2011 • Ariel Investment Trust
THIS AGREEMENT is made this 15th day of November 2011, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser/Manager”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • January 26th, 2023 • Ariel Investment Trust
THIS AGREEMENT is made this 29th day of November 2022, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
THIRD AMENDMENT TO CUSTODY AGREEMENTCustody Agreement • January 28th, 2009 • Ariel Investment Trust • Massachusetts
This Amendment (“Agreement”) to Custody Agreement is made this 9 day of August, 2007, by and between each of the investment companies and other pooled investment vehicles listed on Appendix A to the Custody Agreement, as such Appendix may be amended from time to time (the “Client”) and STATE STREET BANK AND TRUST COMPANY, a bank and trust company organised under the laws of The Commonwealth of Massachusetts (“State Street”).
ARIEL INVESTMENT TRUST FUND ADMINISTRATION AND ACCOUNTING SERVICES AGREEMENT THE NORTHERN TRUST COMPANY March 24, 2016Fund Administration and Accounting Services Agreement • January 26th, 2017 • Ariel Investment Trust • Illinois
AGREEMENT made as of March 24, 2016 by and among Ariel Investments, LLC (the “Adviser”), a Delaware limited liability company, on behalf of itself, Ariel Investment Trust (the “Trust”), a business trust organized under the laws of the Commonwealth of Massachusetts, on behalf of itself and each of its separate series listed on Annex A (each, a “Fund” and collectively, the “Funds”) and The Northern Trust Company (“Northern”), an Illinois corporation.
ARIEL INVESTMENT TRUST FIRST AMENDMENT TO AMENDED AND RESTATED TRANSFER AGENT SERVICING AGREEMENTTransfer Agent Servicing Agreement • January 28th, 2021 • Ariel Investment Trust
THIS FIRST AMENDMENT dated as of this 1st day of January, 2021 to the Amended and Restated Transfer Agent Servicing Agreement, dated as of January 1, 2016 (the “Agreement”), is entered into by and between ARIEL INVESTMENT TRUST, a Massachusetts business trust, (the “Trust”), and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • November 26th, 2013 • Ariel Investment Trust
THIS AGREEMENT is made this 19th day of November 2013, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
ADDENDUM TO MANAGEMENT AGREEMENT DATED FEBRUARY 1, 1995 BETWEEN ARIEL INVESTMENTS, LLC (f/k/a/ ARIEL CAPITAL MANAGEMENT, INC.) AND ARIEL INVESTMENT TRUSTManagement Agreement • November 17th, 2010 • Ariel Investment Trust
The series of Ariel Investment Trust (the “Trust”) designated Ariel Discovery Fund (the “Fund”) shall be managed by Ariel Investments, LLC (f/k/a Ariel Capital Management, LLC) (the “Adviser”) pursuant to the Management Agreement between Ariel Capital Management, Inc. and the Trust dated February 1, 1995 with an initial effective date of February 1, 1995, which was assumed by the Adviser pursuant to an Assumption Agreement dated February 1, 2004 between the Adviser and the Trust. The compensation payable out of the Fund pursuant to Section 4(a) of the Agreement shall be at the following annual rates:
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • November 26th, 2013 • Ariel Investment Trust
THIS AGREEMENT is made this 19th day of November 2013, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESWaiver of Fees and Reimbursement of Expenses Agreement • January 26th, 2018 • Ariel Investment Trust
THIS AGREEMENT is made this 28th day of November 2017, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESWaiver of Fees and Reimbursement of Expenses Agreement • January 26th, 2017 • Ariel Investment Trust
THIS AGREEMENT is made this 29th day of November 2016, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
ASSUMPTION AGREEMENTAssumption Agreement • January 30th, 2007 • Ariel Investment Trust
THIS ASSUMPTION AGREEMENT is made as of October 31, 2006, by and between Ariel Investment Trust (“Trust”) and Ariel Distributors, LLC, a Delaware limited liability company.
ADDENDUM TO UNDERWRITING AGREEMENT DATED MAY 16, 1995 BETWEEN ARIEL DISTRIBUTORS, LLC (f/k/a ARIEL DISTRIBUTORS, INC.) AND ARIEL INVESTMENT TRUSTUnderwriting Agreement • November 17th, 2010 • Ariel Investment Trust
For the services performed and the obligations assumed by Ariel Distributors, LLC (f/k/a Ariel Distributors, Inc.), in respect to Ariel Fund, Ariel Appreciation Fund, Ariel Focus Fund and Ariel Discovery Fund, Ariel Distributors LLC, shall be paid no more often than weekly a distribution service fee at the annual rate of 0.25% of the respective average daily net assets of such series.
November 15, 2011Custody Agreement • January 28th, 2013 • Ariel Investment Trust
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • January 28th, 2011 • Ariel Investment Trust
THIS AGREEMENT is made this 28th day of October 2009, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser/Manager”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
CUSTODY AGREEMENTCustody Agreement • January 26th, 2017 • Ariel Investment Trust • Illinois
AGREEMENT dated as of March 24, 2016, between ARIEL INVESTMENT TRUST, a business trust organized under the laws of the Commonwealth of Massachusetts, having its principal office and place of business at 200 East Randolph Street, Suite 2900, Chicago, Illinois 60601 (the “Trust”), on behalf of each of its separate Portfolios listed on Schedule B and THE NORTHERN TRUST COMPANY (the “Custodian”), an Illinois company with its principal place of business at 50 South LaSalle Street, Chicago, Illinois 60603.
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • January 28th, 2013 • Ariel Investment Trust
THIS AGREEMENT is made this 13th day of November 2012, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser/Manager”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESFee Waiver and Expense Reimbursement Agreement • January 26th, 2023 • Ariel Investment Trust
THIS AGREEMENT is made this 29th day of November 2022, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
THE NORTHERN TRUST COMPANY Chicago, Illinois 60603Overdraft Facility • January 28th, 2021 • Ariel Investment Trust • Illinois
Reference is made to that certain letter agreement dated as of April 1, 2016 by and between The Northern Trust Company (the “Bank”) and Ariel Investment Trust, a registered open-end management investment company (the “Trust”) on behalf of the accounts, series or portfolios of the Trust which are listed beneath the Trust’s name on the signature page thereto (each such account, series or portfolio, a “Borrower” and, collectively, the “Borrowers”), in respect of an overdraft facility not exceeding $125,000,000 (such letter as amended, restated supplemented or otherwise modified from time to time, the “Facility Letter”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Facility Letter.
THE NORTHERN TRUST COMPANY Chicago, Illinois 60603Overdraft Facility Renewal Amendment • January 25th, 2019 • Ariel Investment Trust • Illinois
Reference is made to that certain letter agreement dated as of April 1, 2016 by and between The Northern Trust Company (the “Bank”) and Ariel Investment Trust, a registered open-end management investment company (the “Trust”) on behalf of the accounts, series or portfolios of the Trust which are listed beneath the Trust’s name on the signature page thereto (each such account, series or portfolio, a “Borrower” and, collectively, the “Borrowers”), in respect of an overdraft facility not exceeding $125,000,000 (such letter as amended, restated supplemented or otherwise modified from time to time, the “Facility Letter”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Facility Letter.
