February 27, 2019

February 27, 2019

Mondrian Investment Partners Limited

Attention: Managing Director

00 Xxxxxxx Xx, 0xx Floor

London, EC2V 7JD United Kingdom

Re: Amendment to Schedule B

Dear Sir or Madam:

This letter agreement serves to amend Schedule B (“Schedule B”) to our Investment Sub-Advisory Agreement dated July 12, 2011(the “Agreement”).

The amended Schedule B reflects the new breakpoints with respect to the sub-advisory fees. Amended Schedule B shall replace the existing Schedule B effective March 1, 2019.

The Agreement otherwise remains unchanged and shall continue in full force and effect.

In the space provided below, please acknowledge your agreement to the foregoing.

						Very truly yours,
						Xxxxxxx Xxxxxx Investment Management, Inc.
						By:		/s/ Xxxxxxxx xx Xx. Xxxx
						Name:		Xxxxxxxx xx Xx. Xxxx
						Title:		President
ACKNOWLEDGED AND AGREED TO:
Mondrian Investment Partners Limited
By:		/s/ Xxxxx Xxxxxxxx
Name:		Xxxxx Xxxxxxxx
Title:		Chief Investment Officer

SCHEDULE B

TO THE

INVESTMENT SUB-ADVISORY AGREEMENT

BETWEEN

XXXXXXX XXXXXX INVESTMENT MANAGEMENT, INC.

AND

MONDRIAN INVESTMENT PARTNERS LIMITED

FEES

Fees will be accrued each day by applying to the Net Asset Value of the Managed Assets at the end of that day, the daily rate, using a 365-day year, equivalent to the applicable fee percentage set forth below (“Company Percentage”). Sub-Adviser represents and warrants that the Company Percentage now is and in the future will be equal to or less than the applicable fee percentage payable to Sub-Adviser under any other advisory or sub-advisory agreement for comparable investment advisory services (each a “Third Party Percentage”). If at any time, the Company Percentage is greater than any Third Party Percentage, the Company Percentage will be reduced to the lowest Third Party Percentage, including with respect to any advisory or sub-advisory agreement amended or entered into by Sub-Adviser after the effective date of this Schedule. Fees will be paid within 30 days following the end of each calendar quarter.

COMPANY PERCENTAGE

First $350 million:		57.5 Basis Points annually
Thereafter:		55.0 Basis Points annually

The above fee scale is subject to a minimum funding of $100 million, or fees equivalent thereto.

The maximum amount of Managed Assets that may be held in the account is $750 million of Net Deposits (the “Capacity”). Sub-Adviser agrees to review its capacity positions should the Managed Assets reach $650 million to determine if the Capacity may be adjusted. The Sub-Adviser agrees to hold the Capacity until March 1, 2021. For purposes of this paragraph “Net Deposits” means subscriptions into Sub-Adviser’s Managed Assets less redemptions out of Sub-Adviser’s Managed Assets.

Effective Date of this Schedule B: March 1, 2019