FIRST AMENDMENT TO THE SUB-ADVISORY ADVISORY AGREEMENT
Tidal Trust II 485BPOS
Exhibit 99 (d)(xxix)(a)
FIRST AMENDMENT TO THE
SUB-ADVISORY ADVISORY AGREEMENT
This First Amendment to the Sub-Advisory Agreement (the “Amendment”) is made as of February 13, 2024, by and between TIDAL INVESTMENTS LLC (formerly, Toroso Investments, LLC) (the “Adviser”) and Carbon Collective Investing, LLC (the “Sub-Adviser”).
BACKGROUND:
A. | The Adviser and the Sub-Adviser are parties to a Sub-Advisory Agreement dated as of July 8, 2022 (the “Agreement”). |
B. | The parties desire to supplement Schedule A to the Agreement with the addition of the following new series: |
● | Carbon Collective Short Duration Green Bond ETF. |
TERMS:
NOW, THEREFORE, intending to be legally bound, the parties agree as follows:
1. | Schedule A to the Agreement is hereby amended and restated in its entirety as set forth on the Amended and Restated Schedule A attached hereto. |
2. | Miscellaneous. |
a. | Capitalized terms not defined in this Amendment shall have the respective meanings set forth in the Agreement. |
b. | Except as specifically amended by this Amendment, and except as necessary to conform to the intention of the parties hereinabove set forth, the Agreement shall remain unaltered and in full force and effect and is hereby ratified and confirmed. |
c. | The Agreement, as amended hereby, together with its Schedule, constitutes the complete understanding and agreement of the parties with respect to the subject matter hereof and supersedes all prior communications with respect thereto. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. The facsimile signature of any party to this Amendment shall constitute the valid and binding execution hereof by such party. |
IN WITNESS WHEREOF, the parties have caused this Amendment to be signed by duly authorized representatives as of the date first set forth above.
TIDAL INVESTMENTS LLC | Carbon Collective Investing, LLC | ||||
By: | /s/ Xxx Xxxxxxx | By: | /s/ Xxxx Xxxxx | ||
Name: | Xxx Xxxxxxx | Name: | Xxxx Xxxxx | ||
Title: | CFO | Title: | Co-Founder |
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Amended and Restated Schedule A
to the
Sub-Advisory Agreement
by and between
Tidal Investments LLC
and
Carbon Collective Investing, LLC
Fund Name | Sub-Advisory Fee | Effective Date | Trading Authority | Proxy Voting Authority |
Carbon Collective Climate Solutions U.S. Equity ETF | 0.02% | Commencement of Operations |
[ ] Fully Discretionary [ ] Partially Discretionary [X] Non-Discretionary |
[X] Full [ ] Advisory [ ] None |
Carbon Collective Short Duration Green Bond ETF | 0.02% | Commencement of Operations |
[ ] Fully Discretionary [ ] Partially Discretionary [X] Non-Discretionary |
[X] Full [ ] Advisory [ ] None |
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