Exhibit (d)(15)
_______ __, 200_
Aston Asset Management LLC
000 Xxxxx XxXxxxx Xxxxxx, 00xx Xxxxx
Xxxxxxx, XX 00000
Re: Sub-Investment Advisory Agreement with Optimum Investment Advisors,
LLC dated November 30, 2006 (the "Sub-Investment Advisory Agreement")
Ladies and Gentlemen:
Pursuant to the Sub-Investment Advisory Agreement, we are hereby providing
notification of an amendment to the Subadvisory Fee Rate for the Aston/Optimum
Mid Cap Fund as provided on Schedule B of the Sub-Investment Advisory Agreement.
Attached hereto is an amended Schedule B to the Sub-Investment Advisory
Agreement to reflect, among other things, the amended Subadvisory Fee Rate for
the Aston/Optimum Mid Cap Fund.
By acknowledging below, you agree to render the investment advisory and
management services to Aston/Optimum Mid Cap Fund under the terms of the
Sub-Investment Advisory Agreement and the amended Schedule B attached hereto.
ASTON ASSET MANAGEMENT LLC
By:
------------------------------------
Name: Xxxxxxx X. Xxxxxxxx
Its: President
Accepted this ___ day
of ________, ____.
OPTIMUM INVESTMENT ADVISORS, LLC
By:
---------------------------------
Name: X. Xxxxx Xxxxxx, Xx.
Its: Vice Chairman
Chief Investment Officer
SCHEDULE B
FUND SUBADVISORY FEE RATE
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Aston/Optimum Mid Cap Fund 0.30% for the first $100 million
0.25% for the next $300 million
0.20% for the next $600 million
0.30% over $1 billion
Aston/Optimum Large Cap 50% of the positive difference, if any, of (x) the
Opportunity Fund advisory fee payable to the Investment Adviser with
respect to the Allocated Assets of the Fund (before
reduction of the fee payable to Subadviser) minus
(y) the sum of: (i) any investment advisory fees
waived by the Investment Adviser pursuant to an
Expense Limitation Agreement with the Fund, (ii)
any reimbursement of expenses by the Investment
Adviser pursuant to an Expense Limitation Agreement
with the Fund, and (iii) any payments made by the
Investment Adviser to third parties that provide
distribution, shareholder services or similar
services on behalf of the Fund. If the foregoing
calculation results in a negative amount, such
amount shall be payable by the Subadviser within 30
days of receipt of notice from the Investment
Adviser, which notice shall include the basis for
the calculation.
