LETTER AGREEMENT AMG GW&K Municipal Enhanced SMA Shares Administration Agreement
LETTER AGREEMENT
AMG GW&K Municipal Enhanced SMA Shares
[ ]
AMG Funds LLC
000 Xxxxxxxxxx Xxxxxxxxx, Xxxxx 000
Xxxxxxxx, XX 00000
Attn: Xxxxxx X. Xxxxx, Chief Operating Officer
| Re: | Amended and Restated Administration Agreement between AMG Funds LLC (the “Administrator”) and AMG Funds (the “Trust”), dated as of October 1, 2016, and as amended from time to time (the “Administration Agreement”) |
Ladies and Gentlemen:
Pursuant to Section 1 of the Administration Agreement, the Trust hereby notifies you that it is establishing a new series to be named AMG GW&K Municipal Enhanced SMA Shares (the “New Fund”), and that the Trust desires to retain the Administrator to provide or procure administrative and other services with respect to the New Fund pursuant to the terms and conditions of the Administration Agreement. Attached as Appendix A is an addendum to Exhibit A to the Administration Agreement.
Please acknowledge your agreement to provide or procure such administrative and other services to the New Fund by executing this letter agreement in the space provided below and then returning it to the undersigned.
| Sincerely, | ||
| AMG Funds | ||
| By: | ||
| Name: Xxxxxx Xxxxxxx | ||
| Title: Treasurer, Chief Financial Officer and Principal Financial Officer | ||
| ACKNOWLEDGED AND ACCEPTED | ||
| AMG Funds LLC | ||
| By: | ||
| Name: Xxxxxx X. Xxxxx | ||
| Title: Chief Operating Officer Date: | ||
Appendix A
ADDENDUM TO
EXHIBIT A
Schedule to Administration Agreement
as of [ ]
| Fund |
Fee Rate |
|||
| AMG GW&K Municipal Enhanced SMA Shares |
0.00 | %* | ||
| * | The Trust shall not pay any fee to the Administrator under this Agreement with respect to AMG GW&K Municipal Enhanced SMA Shares. The Administrator acknowledges and agrees that AMG GW&K Municipal Enhanced SMA Shares is an integral part of separately managed account programs, and that the Administrator or an affiliate of the Administrator will be compensated directly or indirectly by separately managed account sponsors or program participants for services rendered hereunder. The Administrator acknowledges and agrees that such compensation is sufficient consideration hereunder. |
IN WITNESS WHEREOF, the parties hereto have caused this Schedule to Administration Agreement to be executed by their officers designated below on the day and year first above written.
| AMG FUNDS | ||
| By: | ||
| Name: Xxxxxx Xxxxxxx | ||
| Title: Treasurer, Chief Financial Officer and Principal Financial Officer | ||
| AMG FUNDS LLC | ||
| By: | ||
| Name: Xxxxxx X. Xxxxx | ||
| Title: Chief Operating Officer | ||
