ADDENDUM TO INVESTMENT COUNSEL AGREEMENT
ADDENDUM TO INVESTMENT COUNSEL AGREEMENT
AGREEMENT made in Boston, Massachusetts, this 12th day of September, 2023, between Longleaf Partners Fund (the “Fund”), the first series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as “the Investment Counsel.”).
In consideration of the mutual covenants herein made, the Fund and the Investment Counsel understand and agree as follows:
1. Recitations.
The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Investment Counsel is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Investment Counsel are parties to an Investment Counsel Agreement dated August 1, 1994, and subsequently renewed from time to time (the “Agreement”) under which the Investment Counsel provides investment advisory and management services to the Fund.
2. Renewal and Amendment.
The Investment Counsel and the Fund hereby renew the Agreement for an additional term of one year, beginning November 1, 2023, and expiring October 31, 2024.
IN WITNESS WHEREOF, the parties have executed this Addendum this 12th day of September, 2023.
| Southeastern Asset Management, Inc. | Longleaf Partners Fund | |||||||
| /s/ Xxxx Xxxxxxxxx |
/s/ Xxxxxxxx X. Child | |||||||
| By: | Xxxx Xxxxxxxxx CEO |
By: | Xxxxxxxx X. Child Trustee | |||||
ADDENDUM TO INVESTMENT COUNSEL AGREEMENT
AGREEMENT made in Boston, Massachusetts, this 12th day of September, 2023, between Longleaf Partners Small-Cap Fund (the “Fund”), the second series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as “the Investment Counsel.”).
In consideration of the mutual covenants herein made, the Fund and the Investment Counsel understand and agree as follows:
1. Recitations.
The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to an amendment effective December 21, 1988 to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Investment Counsel is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Investment Counsel are parties to an Investment Counsel Agreement dated August 1, 1994, and subsequently renewed from time to time (the “Agreement”) under which the Investment Counsel provides investment advisory and management services to the Fund.
2. Renewal and Amendment.
The Investment Counsel and the Fund hereby renew the Agreement for an additional term of one year, beginning November 1, 2023, and expiring October 31, 2024.
IN WITNESS WHEREOF, the parties have executed this Addendum this 12th day of September, 2023.
| Southeastern Asset Management, Inc. | Longleaf Partners Small-Cap Fund | |||||||
| /s/ Xxxx Xxxxxxxxx |
/s/ Xxxxxxxx X. Child | |||||||
| By: | Xxxx Xxxxxxxxx CEO |
By: | Xxxxxxxx X. Child Trustee | |||||
ADDENDUM TO INVESTMENT COUNSEL AGREEMENT
AGREEMENT made in Boston, Massachusetts, this 12th day of September, 2023, between Longleaf Partners International Fund (the “Fund”), the third series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as “the Investment Counsel.”).
In consideration of the mutual covenants herein made, the Fund and the Investment Counsel understand and agree as follows:
1. Recitations.
The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to an amendment effective August 11, 1998 to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Investment Counsel is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Investment Counsel are parties to an Investment Counsel Agreement dated August 11, 1998, and subsequently renewed from time to time (the “Agreement”) under which the Investment Counsel provides investment advisory and management services to the Fund.
2. Temporary Fee Cap.
The Investment Counsel and the Fund hereby agree that effective November 1, 2023, the Investment Counsel shall waive its fees and/or reimburse expenses so that total annual fund operating expenses (excluding interest, taxes, brokerage commissions, and extraordinary expenses) do not exceed 1.05% of average daily net assets. Amounts waived and/or reimbursed shall not be subject to recoupment by the Investment Counsel. This expense cap shall terminate April 30, 2025, unless the Investment Counsel agrees to an extension.
3. Renewal and Amendment.
The Investment Counsel and the Fund hereby renew the Agreement, as amended above, for an additional term of one year, beginning November 1, 2023, and expiring October 31, 2024.
IN WITNESS WHEREOF, the parties have executed this Addendum this 12th day of September, 2023.
| Southeastern Asset Management, Inc. | Longleaf Partners International Fund | |||||||
| /s/ Xxxx Xxxxxxxxx |
/s/ Xxxxxxxx X. Child | |||||||
| By: | Xxxx Xxxxxxxxx CEO |
By: | Xxxxxxxx X. Child Trustee | |||||
ADDENDUM TO INVESTMENT COUNSEL AGREEMENT
AGREEMENT made in Boston, Massachusetts, this 12th day of September, 2023, between Longleaf Partners Global Fund (the “Fund”), the fourth series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as “the Investment Counsel.”).
In consideration of the mutual covenants herein made, the Fund and the Investment Counsel understand and agree as follows:
1. Recitations.
The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to an amendment effective July 2, 2012 to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Investment Counsel is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Investment Counsel are parties to an Investment Counsel Agreement dated August 7, 2012 (the “Agreement”) under which the Investment Counsel provides investment advisory and management services to the Fund.
2. Temporary Fee Cap.
The Investment Counsel and the Fund hereby agree that effective November 1, 2023, the Investment Counsel shall waive its fees and/or reimburse expenses so that total annual fund operating expenses (excluding interest, taxes, brokerage commissions, and extraordinary expenses) do not exceed 1.05% of average daily net assets. Amounts waived and/or reimbursed shall not be subject to recoupment by the Investment Counsel. This expense cap shall terminate April 30, 2025, unless the Investment Counsel agrees to an extension.
3. Renewal and Amendment.
The Investment Counsel and the Fund hereby renew the Agreement for an additional term of one year, beginning November 1, 2023, and expiring October 31, 2024.
IN WITNESS WHEREOF, the parties have executed this Addendum this 12th day of September, 2023.
| Southeastern Asset Management, Inc. | Longleaf Partners Global Fund | |||||||
| /s/ Xxxx Xxxxxxxxx |
/s/ Xxxxxxxx X. Child | |||||||
| By: | Xxxx Xxxxxxxxx CEO |
By: | Xxxxxxxx X. Child Trustee | |||||
ADDENDUM TO FUND ADMINISTRATION AGREEMENT
AGREEMENT made in Boston, Massachusetts, this 12th day of September, 2023, between Longleaf Partners Fund (the “Fund”), the first series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as “the Administrator”).
In consideration of the mutual covenants herein made, the Fund and the Administrator understand and agree as follows:
1. Recitations.
The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Administrator is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Administrator are parties to a Fund Administration Agreement dated August 1, 1994, and subsequently renewed from time to time (the “Agreement”) under which the Administrator provides fund administration services to the Fund.
2. Renewal and Amendment.
The Administrator and the Fund hereby renew the Agreement for an additional term of one year, beginning November 1, 2023, and ending October 31, 2024.
IN WITNESS WHEREOF, the parties have executed this Addendum this 12th day of September, 2023.
| Southeastern Asset Management, Inc. | Longleaf Partners Fund | |||||||
| /s/ Xxxx Xxxxxxxxx |
/s/ Xxxxxxxx X. Child | |||||||
| By: | Xxxx Xxxxxxxxx CEO |
By: | Xxxxxxxx X. Child Trustee | |||||
ADDENDUM TO FUND ADMINISTRATION AGREEMENT
AGREEMENT made in Boston, Massachusetts, this 12th day of September, 2023, between Longleaf Partners Small-Cap Fund (the “Fund”), the second series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as “the Administrator”).
In consideration of the mutual covenants herein made, the Fund and the Administrator understand and agree as follows:
1. Recitations.
The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to an amendment effective December 21, 1988 to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Administrator is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Administrator are parties to a Fund Administration Agreement dated August 1, 1994, and subsequently renewed from time to time (the “Agreement”) under which the Administrator provides fund administration services to the Fund.
2. Renewal and Amendment.
The Administrator and the Fund hereby renew the Agreement for an additional term of one year, beginning November 1, 2023, and ending October 31, 2024.
IN WITNESS WHEREOF, the parties have executed this Addendum this 12th day of September, 2023.
| Southeastern Asset Management, Inc. | Longleaf Partners Small-Cap Fund | |||||||
| /s/ Xxxx Xxxxxxxxx |
/s/ Xxxxxxxx X. Child | |||||||
| By: | Xxxx Xxxxxxxxx CEO |
By: | Xxxxxxxx X. Child Trustee | |||||
ADDENDUM TO FUND ADMINISTRATION AGREEMENT
AGREEMENT made in Boston, Massachusetts, this 12th day of September, 2023, between Longleaf Partners International Fund (the “Fund”), the third series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as “the Administrator”).
In consideration of the mutual covenants herein made, the Fund and the Administrator understand and agree as follows:
1. Recitations.
The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to an amendment effective August 11, 1998 to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Administrator is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Administrator are parties to a Fund Administration Agreement dated August 11, 1998, and subsequently renewed from time to time (the “Agreement”) under which the Administrator provides fund administration services to the Fund.
2. Renewal and Amendment.
The Administrator and the Fund hereby renew the Agreement for an additional term of one year, beginning November 1, 2023, and ending October 31, 2024.
IN WITNESS WHEREOF, the parties have executed this Addendum this 12th day of September, 2023.
| Southeastern Asset Management, Inc. | Longleaf Partners International Fund | |||||||
| /s/ Xxxx Xxxxxxxxx |
/s/ Xxxxxxxx X. Child | |||||||
| By: | Xxxx Xxxxxxxxx CEO |
By: | Xxxxxxxx X. Child Trustee | |||||
ADDENDUM TO FUND ADMINISTRATION AGREEMENT
AGREEMENT made in Boston, Massachusetts, this 12th day of September, 2023, between Longleaf Partners Global Fund (the “Fund”), the fourth series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as “the Administrator”).
In consideration of the mutual covenants herein made, the Fund and the Administrator understand and agree as follows:
1. Recitations.
The Fund is an investment company registered with the Securities and Exchange Commission under the provisions of the Investment Company Act of 1940, and was organized pursuant to an amendment effective July 2, 2012 to the Declaration of Trust of Longleaf Partners Funds Trust, originally effective on November 26, 1986, under the name Southeastern Asset Management Value Trust (the “Master Trust”). The Administrator is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Fund and the Administrator are parties to a Fund Administration Agreement dated August 7, 2012, (the “Agreement”) under which the Administrator provides fund administration services to the Fund.
2. Renewal and Amendment.
The Administrator and the Fund hereby renew the Agreement for an additional term of one year, beginning November 1, 2023, and ending October 31, 2024.
IN WITNESS WHEREOF, the parties have executed this Addendum this 12th day of September, 2023.
| Southeastern Asset Management, Inc. | Longleaf Partners Global Fund | |||||||
| /s/ Xxxx Xxxxxxxxx |
/s/ Xxxxxxxx X. Child | |||||||
| By: | Xxxx Xxxxxxxxx CEO |
By: | Xxxxxxxx X. Child Trustee | |||||
