ADDENDUM TO INVESTMENT SUB-ADVISORY AGREEMENT
BETWEEN TOUCHSTONE ADVISORS, INC.
AND XXXXXX INVESTMENT PARTNERS, INC.
This Agreement is entered into as of July 20, 2007 by and between Touchstone
Advisors, Inc. (the "Advisor") and Xxxxxx Investment Partners, Inc. (the
"Sub-Adviser").
WHEREAS, the Advisor and the Sub-Adviser entered into an Investment
Sub-Advisory Agreement dated as of February 17, 2006, as amended as of April 1,
2007 (the "Sub-Advisory Agreement"); and
WHEREAS, the Advisor and the Sub-Adviser wish to enter into this Addendum
to the Sub-Advisory Agreement in order to change the compensation to the
Sub-Adviser for the services to be provided to the Small Cap Value Opportunities
Fund;
NOW, THEREFORE, it is agreed by and between the parties that Schedule C-1
of the Sub-Advisory Agreement containing the sub-advisory fee rate payable to
the Sub-Adviser be amended as of the date of this Agreement to reflect the
revised compensation payable on behalf of the Small Cap Value Opportunities Fund
as follows:
SCHEDULE C-1
TO THE
INVESTMENT SUB-ADVISORY AGREEMENT
LISTING OF FUNDS AND FEE RATES
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NAME OF FUND FEE RATE
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Touchstone Small Cap Value Opportunities Fund 0.55% on the first $50 million of Allocated Assets;
0.50% on Allocated Assets above $50 million
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Touchstone Healthcare and Biotechnology Fund 0.50%
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Touchstone Mid Cap Fund 0.50%
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1. This Addendum shall supersede the Addendum to the Sub-Advisory
Agreement entered into as of April 1, 2007 in its entirety.
2. Except for the revised Schedule C-1 to the Sub-Advisory Agreement,
the Sub-Advisory Agreement shall continue in full force and effect
and be binding upon the parties notwithstanding the execution and
delivery of this Addendum.
3. This Addendum shall be binding upon the parties and, to the extent
permitted by law and the Sub-Advisory Agreement, their respective
successors and assigns.
IN WITNESS WHEREOF, each of the parties hereto has caused this Addendum to be
duly executed and delivered in its name and on its behalf by their respective
officers thereunto duly authorized, all as of the day and year first above
written.
TOUCHSTONE ADVISORS, INC. XXXXXX INVESTMENT PARTNERS, INC.
By: /s/ Xxxxxxx Xxxx By: /s/ Xxxxx X. XxXxxxx
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Print Name: Print Name:
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Print Title: Senior Vice President Print Title: General Counsel & CCO
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Date: June 20, 2007 Date: June 28, 2007
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