INVESTMENT SUBADVISORY AGREEMENT
FIRST AMENDMENT TO
INVESTMENT SUBADVISORY AGREEMENT
Between and Among
X. XXXX PRICE ASSOCIATES, INC.,
X. XXXX PRICE INTERNATIONAL LTD
And
X. XXXX PRICE HONG KONG LIMITED
This amendment, made as of April 24, 2012, is to the Investment Subadvisory Agreement (“SubAdvisory Agreement”), between and among X. Xxxx Price Associates, Inc. (the “Adviser”), a corporation organized and existing under the laws of the State of Maryland, United States of America, X. Xxxx Price International Ltd (the “Subadviser”), a corporation organized and existing under the laws of the United Kingdom and X. Xxxx Price Hong Kong Limited (“TRP Hong Kong”), a corporation organized and existing under the laws of Hong Kong.
WHEREAS, the Adviser has succeeded to all the assets and liabilities of TRPI in a merger transaction consummated on or about December 31, 2010; and accordingly, is the investment adviser to Institutional International, Price International, International Index, International Series and Spectrum Fund (collectively the “Company” or “Companies”), on behalf of the respective series listed on Appendix A (each, a “Fund,” and collectively, with the Strategic Income Fund, the “Funds”) pursuant to each respective Advisory Agreement (“Fund Advisory Agreement”), as restated solely to reflect the name of the Adviser as of the close of business on December 31, 2010;
WHEREAS, the Subadviser is engaged in the business of, among other things, rendering investment advisory services and is registered as an investment adviser in the United States under the Investment Advisers Act of 1940, as amended (“Advisers Act”), the United Kingdom with the Financial Services Association (“FSA”) and other non-U.S. regulatory agencies;
WHEREAS, the certain investment advisory services provided by the Subadviser under the SubAdvisory Agreement with respect to the X. Xxxx Price Spectrum Fund, Inc., on behalf of the Spectrum International Fund, are no longer required; and
WHEREAS, the Adviser has determined to terminate the Subadvisory Agreement with respect to the Spectrum International Fund;
NOW, THEREFORE, in consideration of the premises and mutual promises herein set forth, the parties hereto agree as follows:
1. Appendix A to the SubAdvisory Agreement is hereby amended to delete the reference to the X. Xxxx Price Spectrum Fund, Inc., on behalf of the Spectrum International Fund,
2. Except as provided herein, the SubAdvisory Agreement shall remain in full force and effect and shall continue without modification in accordance with its terms with respect to all other Funds listed in Appendix A.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their duly authorized signatories as of the day and year first above written.
Attest: /s/Xxxxxxx X. Van Horn ______________________________________ Barbara A. Van Horn Secretary | X. XXXX PRICE ASSOCIATES, INC. /s/Xxxxx Oestreicher By: ______________________________ Xxxxx Xxxxxxxxxxx Vice President |
Attest: /s/Xxxxxxx X. Van Horn ______________________________________ Barbara A. Van Horn Secretary | X. XXXX PRICE INTERNATIONAL LTD /s/Xxxxxxxxx X. Morgan By: ______________________________ Xxxxxxxxx X. Xxxxxx Vice President |
Attest: /s/Xxxx X. Flister ______________________________________ Joan E. Flister Assistant Secretary | X. XXXX PRICE HONG KONG LIMITED /s/Xxxxxxxxx X. Morgan By: ______________________________ Xxxxxxxxx X. Xxxxxx Authorized Signatory |
APPENDIX A
Amended as of April 24, 2012
Date of Investment
Management Agreement
X. XXXX PRICE INSTITUTIONAL INTERNATIONAL FUNDS, INC.
X. Xxxx Price Institutional Africa & Middle East Fund February 6, 2008
X. Xxxx Price Institutional Concentrated International Equity Fund April 29, 2010
X. Xxxx Price Institutional Emerging Markets Equity Fund July 24, 2002
X. Xxxx Price Institutional International Bond Fund April 24, 2007
X. Xxxx Price Institutional International Growth Equity Fund October 25, 2000
X. XXXX PRICE INTERNATIONAL FUNDS, INC.
X. Xxxx Price Africa & Middle East Fund April 24, 2007
X. Xxxx Price Emerging Europe & Mediterranean Fund August 8, 2000
X. Xxxx Price Emerging Markets Stock Fund October 25, 2000
X. Xxxx Price European Stock Fund October 25, 2000
X. Xxxx Price International Bond Fund October 25, 2000
X. Xxxx Price International Discovery Fund October 25, 2000
X. Xxxx Price International Growth & Income Fund October 25, 2000
X. Xxxx Price International Stock Fund October 25, 2000
X. Xxxx Price Japan Fund October 25, 2000
X. Xxxx Price Latin America Fund October 25, 2000
X. Xxxx Price New Asia Fund October 25, 2000
X. XXXX PRICE INTERNATIONAL INDEX FUND, INC.
X. Xxxx Price International Equity Index Fund October 25, 2000
X. XXXX PRICE INTERNATIONAL SERIES, INC.
X. Xxxx Price International Stock Portfolio October 25, 2000
X. XXXX PRICE STRATEGIC INCOME FUND, INC. October 21, 2008
