LETTER AGREEMENT
LETTER AGREEMENT
Xxxxxxx Investment Management Company
0000 Xxxxxx Xxxxxx, 00xx Xxxxx
Xxxxxxx, XX 00000
This Letter Agreement relates to the Advisory Agreement between Xxxxxxx Investment Company (“RIC”) and Xxxxxxx Investment Management Company (“RIMCo”) dated , 201 (the “Agreement”). RIC advises you that it is creating a new fund to be named the Unconstrained Total Return Fund (the “New Fund”). RIC desires RIMCo to provide advisory services to the New Fund pursuant to the terms and conditions of the Agreement. Exhibit A of the Agreement is hereby amended to include the New Fund, with an annual advisory fee rate equal to the amount of average daily net assets as set forth below and payable as set forth in Section 4 of the Agreement.
| Fund |
Asset Level |
Fee | ||||
| Unconstrained Total Return Fund |
Less than $2 billion |
1.00 | % | |||
| $2 billion to less than $5 billion | 0.96 | % | ||||
| $5 billion to less than $10 billion | 0.93 | % | ||||
| $10 billion and greater | 0.91 | % | ||||
Please indicate your acceptance of the amendment to the Agreement by executing this Letter Agreement and returning it to the undersigned.
Sincerely,
XXXXXXX INVESTMENT COMPANY
By:
Xxxx X. Xxxxxxx, Treasurer
Accepted this day of , 201 .
XXXXXXX INVESTMENT
MANAGEMENT COMPANY
By:
Xxxxxxx X. Xxxxxx, President
