AMENDMENT NO. 9 TO ADMINISTRATIVE SERVICES AGREEMENT (Thrivent Mutual Funds)
Exhibit (h)(10)
AMENDMENT NO. 9
TO ADMINISTRATIVE SERVICES AGREEMENT
Thrivent Asset Management, LLC (“TAM”) and Thrivent Mutual Funds (“TMF”) hereby agree that, with respect to the Administrative Services Agreement dated January 1, 2009, as amended, between TAM and TMF (the “Agreement”), effective January 1, 2019, the first sentence of Item 3 of the Administrative Services Agreement, dated January 1, 2009 between TAM and TMF, is amended to read as follows:
For receiving Services under this Agreement, whether such Services are provided by TAM, its affiliates or other vendors, the Trust will pay TAM an annual fee (the “Fee”) equal to (a) 0.017 percent (0.017%) of each Fund’s average daily net assets (the “Variable Portion”), plus (b) a fixed fee of $70,000 per Fund.
By: /s/ Xxxxx X. Royal
Xxxxx X. Royal
President and Chief Investment Officer
THRIVENT ASSET MANAGEMENT, LLC
By: /s/ Xxxxxx X. Xxxxxxxxxxxx
Xxxxxx X. Xxxxxxxxxxxx
Vice President, Chief Financial Officer and Treasurer