Contract
EX-99d.9.i
AMENDMENT #1 TO SUB-ADVISORY AGREEMENT
THIS AMENDMENT #1 (“Amendment”) to the Sub-Advisory Agreement (“Agreement”) dated June 27, 2006, by and between Mercer Global Investments, Inc., a Delaware Corporation (the “Advisor”) and AQR Capital Management, LLC , a Delaware limited liability company (the “Sub-Advisor”), is made effective as of the 1st day of July, 2009.
RECITALS
WHEREAS, the Sub-Advisor manages an allocated portion of the assets of the MGI US Small/Mid Cap Value Equity Fund, a series of the MGI Funds (the “Trust”) under the Agreement, and the Sub-Advisor and the Advisor wish to amend the Agreement.
WHEREAS, the Agreement provides that the parties may mutually agree to supplement or amend any provision of the Agreement;
AGREEMENT
NOW THEREFORE, in consideration of the promises and mutual agreements set forth herein, the parties hereby agree to amend the Agreement, as follows:
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1.
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Exhibit A, the Fee Schedule of the Agreement is hereby deleted in its entirety and replaced with Exhibit A to this Amendment.
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2.
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All other terms and provisions of the Sub-Advisory Agreement shall remain in full force and effect, except as modified hereby.
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Xxxxxx Global Investments, Inc.
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AQR Capital Management, LLC
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By: /s/ Xxxxx Xxxxxx
Name: Xxxxx Xxxxxx
Title: Chief Investment Officer
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By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Principal and General Counsel
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EXHIBIT A
BETWEEN XXXXXX GLOBAL INVESTMENTS, INC.
AND
AQR CAPITAL MANAGEMENT, LLC
July 1, 2009
MGI Small/Mid Cap Value Equity Fund
FEE SCHEDULE
The fees for investment management services provided by the Sub-Advisor are based upon the value of the Sub-Advisor Assets under management and calculated as follows:
ASSETS COMPENSATION
On first $50 Million 0.70%
Assets over $50 Million 0.50%
