LETTER AGREEMENT
Xxxxxxx Investment Management Company
0000 Xxxxxx Xxxxxx
00xx Xxxxx
Xxxxxxx, XX 00000
| Re: | Amended and Restated Management Agreement |
Pursuant to Section 9 of the Amended and Restated Management Agreement between Xxxxxxx Exchange Traded Funds Trust (“RET”) and Xxxxxxx Investment Management Company (“RIMCo”) dated February 23, 2011, RET advises you that it is creating the new funds each listed in Appendix A (“New Funds”). RET desires RIMCo to serve as Investment Advisor with respect to the New Funds pursuant to the terms and conditions of the Amended and Restated Management Agreement. The fees to be charged by the advisor in return for its services shall be as set forth in Appendix A.
Please indicate your acceptance to act as advisor with respect to the New Funds by executing this letter agreement and returning to the undersigned.
Sincerely,
XXXXXXX EXCHANGE TRADED FUNDS TRUST
| By: | /s/ Xxxxx X. Xxxxxxxx | |
| Xxxxx X. Xxxxxxxx | ||
| President and Chief Executive Officer |
Accepted this 29 day of September.
XXXXXXX INVESTMENT MANAGEMENT COMPANY
| By: | /s/ Xxxx Xxxxxxx | |
| Xxxx Xxxxxxx | ||
| President and Chief Executive Officer |
XXXXX XXXXXXX COMPANY
| By: | /s/ Xxx Xxxxxxx | |
| Xxx Xxxxxxx | ||
| Chief Executive Officer |
APPENDIX A
| Name of Fund |
Management Fee | |
| Xxxxxxx Xxxxx Cap Aggressive Growth ETF |
45 bps | |
| Xxxxxxx Xxxxx Cap Consistent Growth ETF |
45 bps | |
| Xxxxxxx Xxxxx Cap Low P/E ETF |
45 bps | |
| Xxxxxxx Xxxxx Cap Contrarian ETF |
45 bps | |
| Xxxxxxx Developed ex-U.S. Low Beta ETF |
59 bps | |
| Xxxxxxx Developed ex-U.S. High Beta ETF |
59 bps | |
| Xxxxxxx Developed ex-U.S. Low Volatility ETF |
59 bps | |
| Xxxxxxx Developed ex-U.S. High Volatility ETF |
59 bps | |
| Xxxxxxx Developed ex-U.S. High Momentum ETF |
59 bps |
