THE TIMOTHY PLAN INVESTMENT ADVISORY AGREEMENT JANUARY 19, 1994 CONSOLIDATED AND RESTATED AS OF FEBRUARY 26, 2021 Amended as of November 21, 2022
THE XXXXXXX PLAN INVESTMENT ADVISORY AGREEMENT
JANUARY 19, 1994
CONSOLIDATED AND RESTATED
AS OF FEBRUARY 26, 2021
Xxxxxxx as of November 21, 2022
THIS AGREEMENT, originally made by and between THE XXXXXXX PLAN, a Delaware business trust, (hereinafter called the "Trust") and XXXXXXX PARTNERS, LTD., a Florida limited partnership, (hereinafter called "Investment Adviser") as of January 19, 1994, and as amended from time to time from that date and consolidated and restated as of February 26, 2021, is hereby amended as follows:
WITNESSETH:
WHEREAS, the Trust has been organized and operates as an investment company registered under the Investment Company Act of 1940 (the "1940 Act") and engages in the business of investing and reinvesting its assets in securities, and the Investment Adviser is a registered Investment Adviser under the Investment Advisers Act of 1940 (the "Advisers Act") and engages in the business of providing investment management services; and
WHEREAS, the Trust has selected the Investment Adviser to serve as the investment advisor for the Trust; and
WHEREAS, the Trust has initiated the filing of a new ETF named the Xxxxxxx Plan Market Neutral ETF, and the parties hereto desire that the Advisor shall provide those services set forth in the Investment Advisory Agreement dated January 19, 1994 as restated on February 26, 2021.
NOW, THEREFORE, in consideration of the mutual covenants herein contained and as set forth in the Investment Advisory Agreement dated January 19, 1994 as restated on February 26, 2021, and each of the parties hereto intending to be legally bound, it is agreed as follows:
1. The Trust hereby employs the Investment Adviser to manage the investment and reinvestment of the new series of the Trust referred to as the Xxxxxxx Plan Market Neutral ETF and the Investment Adviser hereby accepts such employment and agrees render the services and assume the obligations as set forth in the Xxxxxxx Plan Investment Advisory Agreement as Restated and shall provide such services for the compensation herein provided on Schedule A attached hereto.
2. This Amendment shall be executed and become effective as of the date written below if approved by the vote of a majority of the outstanding voting securities of the Trust. This Agreement shall continue in effect for a period of two years and may be renewed thereafter only so long as such renewal and continuance is specifically approved at least annually by the Board of Trustees or by vote of a majority of the outstanding voting securities of the Trust and only if the terms and the renewal hereof have been approved by the vote of a majority of the Trustees of the Trust who are not parties hereto or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval.
IN WITNESS WHEREOF, the parties hereto have caused their corporate seals to be affixed and duly attested and their presents to be signed by their duly authorized officers the 21st day of November, 2022.
| Attest: | THE XXXXXXX PLAN |
| By: |
| Xxxxxx X. Xxxx |
| Attest: | XXXXXXX PARTNERS, LTD. | ||
| By: COVENANT FUNDS, INC. | |||
| Managing General Partner |
| By: |
| Xxxxxx X. Xxxx, President |
SCHEDULE A
TO INVESTMENT ADVISORY AGREEMENT
DATED JANUARY 19, 1994
CONSOLIDATED AS OF FEBRUARY 26, 2021
LAST AMENDED AS OF
November 21, 2022
| Name of Trust Series | Investment
Advisory Fee |
| Xxxxxxx Plan Aggressive Growth Fund | 0.85% |
| Xxxxxxx Plan Large/Mid Cap Growth Fund | 0.85% |
| Xxxxxxx Plan Small Cap Value Fund | 0.85% |
| Xxxxxxx Plan Large/Mid Cap Value Fund | 0.85% |
| Xxxxxxx Plan Growth and Income Fund | 0.85% |
| Xxxxxxx Plan International Fund | 1.00% |
| Xxxxxxx Plan Israel Common Value Fund | 1.00% |
| Xxxxxxx Xxxx Defensive Strategies Fund | 0.60% |
| Xxxxxxx Plan Fixed Income Fund | 0.60% |
| Xxxxxxx Plan High Yield Bond Fund | 0.60% |
| Xxxxxxx Plan Strategic Growth Fund | 0.65% |
| Xxxxxxx Plan Conservative Growth Fund | 0.65% |
| Xxxxxxx Plan Strategic Growth Portfolio Variable Series | 0.10% |
| Xxxxxxx Plan Conservative Growth Portfolio Variable Series | 0.10% |
| Xxxxxxx Plan US Large/Mid Cap Core ETF | 0.52% |
| Xxxxxxx Plan Small Cap Core ETF | 0.52% |
| Xxxxxxx Plan High Dividend Stock ETF | 0.52% |
| Xxxxxxx Plan International ETF | 0.62% |
| Xxxxxxx Plan Large/Mid Cap Core Enhanced ETF | 0.52% |
| Xxxxxxx Plan High Dividend Stock Enhanced ETF | 0.52% |
| Xxxxxxx Plan Market Neutral ETF | 0.65% |
