AMENDMENT TO SUB-INVESTMENT MANAGEMENT CONTRACT
Xxxx Xxxxxxx Capital Series
on behalf of Xxxx Xxxxxxx U.S. Global Leaders Growth Fund
AMENDMENT TO SUB-INVESTMENT MANAGEMENT CONTRACT
AMENDMENT made as of the 1st day of June, 2013 to the Sub-Investment Management Contract dated February 16, 2004, as amended (the “Agreement”), among Xxxx Xxxxxxx Advisers, LLC, a Delaware limited liability company, Sustainable Growth Advisers, LP, a Delaware limited partnership, and Xxxx Xxxxxxx Capital Series, on behalf of Xxxx Xxxxxxx U.S. Global Leaders Growth Fund (the “Fund”). In consideration of the mutual covenants contained herein, the parties agree as follows:
1. CHANGE IN SECTION 4 – COMPENSATION OF THE SUB-ADVISER
Section 4 of the Agreement, “Compensation of the Sub-Adviser,” is hereby amended to reflect the following fee schedule for the Fund and any contrary fee schedule information is hereby superseded:
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Fund |
First $500 Million of Average Daily Net Assets |
Next $500 Million of Average Daily Net Assets |
Next $1 Billion of Average Daily Net Assets |
Next $3 Billion of Average Daily Net Assets |
Excess over $5 Billion of Average Daily Net Assets |
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Xxxx Xxxxxxx U.S. Global Leaders Growth Fund |
[ ]% |
[ ]% |
[ ]% |
[ ]% |
[ ]% |
2. EFFECTIVE DATE
This Amendment shall become effective as of the date first mentioned above.
3. DEFINED TERMS
Unless otherwise defined herein, capitalized terms used herein have the meanings specified in or pursuant to the Agreement.
4. OTHER TERMS OF THE AGREEMENT
Except as specifically amended hereby, all of the terms and conditions of the Agreement shall continue to be in full force and effect and shall be binding upon the parties in accordance with their respective terms.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by their duly authorized officers as of the date first mentioned above.
XXXX XXXXXXX CAPITAL SERIES
on behalf of Xxxx Xxxxxxx U.S. Global Leaders Growth Fund
By: /s/ Xxxx XxXxxxxx
Xxxx XxXxxxxx
President
XXXX XXXXXXX ADVISERS, LLC
By: /s/ Xxx Xxxxxxx
Xxx Xxxxxxx
Senior Vice President and Chief Investment Officer
SUSTAINABLE GROWTH ADVISERS, LP
By: /s/ Xxxxxx X. Xxxxxxxx
Name: Xxxxxx X. Xxxxxxxx
Title: Founding Principal
