AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT Between
AMENDMENT TO
INVESTMENT MANAGEMENT AGREEMENT
Between
X. XXXX PRICE INTERMEDIATE TAX-FREE HIGH YIELD FUND, INC.
and
X. XXXX PRICE ASSOCIATES, INC.
This is an Amendment (the “Amendment”) to the Investment Management Agreement (the “Agreement”), as amended, made as of the 1st day of October, 2021, by and between X. XXXX PRICE INTERMEDIATE TAX-FREE HIGH YIELD FUND, INC., (the “Corporation”), a corporation existing under the laws of the State of Maryland, on behalf of the X. Xxxx Price Intermediate Tax-Free High Yield Fund (the “Fund”) and X. XXXX PRICE ASSOCIATES, INC. (the “Manager”), a corporation organized and existing under the laws of the State of Maryland.
1. Paragraph 3.B. of the Agreement is amended to read as follows:
B. Fund Fee. The monthly Fund Fee (“Monthly Fund Fee”) shall be the sum of the daily Fund Fee accruals (“Daily Fund Fee Accruals”) for each month. The Daily Fund Fee Accrual for any particular day will be computed by multiplying the fraction of one (1) over the number of calendar days in the year by the Fund Fee Rate of 0.07% and multiplying this product by the net assets of the Fund for that day, as determined in accordance with
the Corporation’s prospectus as of the close of business on the previous business day on which the Fund was open for business.
2. All other terms and conditions of the Agreement remain in full force and effect until April 30, 2022, unless terminated on an earlier date pursuant to the provisions of Paragraph 13 of the Agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be signed by their respective officers thereunto duly authorized and their respective seals to be hereunto affixed, as of the day and year first above written.
Attest: | |
Shannon Hofher Xxxxxx, Assistant Secretary | /s/Xxxxx
Xxxxxxxxxxx |
Attest: | X. XXXX PRICE ASSOCIATES, INC. |
Kathryn X. Xxxxxx, Assistant Secretary | /s/Xxxx
Xxxxxxx-Xxxx |
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