APPENDIX A LSV INVESTMENT SUB-ADVISORY AGREEMENT WELLS FARGO MASTER TRUST
EX-99.B(d)(2)(xii)
APPENDIX A
LSV INVESTMENT SUB-ADVISORY AGREEMENT
XXXXX FARGO MASTER TRUST
| Master Trust Funds |
| International Value Portfolio |
Most recent annual approval by the Board of Trustees: April 4, 2005
Appendix A amended: October 1, 2005
1
APPENDIX B
LSV INVESTMENT SUB-ADVISORY AGREEMENT
XXXXX FARGO MASTER TRUST
This fee agreement is made as of the 31st day of October, 2003, by and between Xxxxx Fargo Funds Management, LLC (the “Adviser”) and LSV Asset Management (the “Sub-Adviser”).
WHEREAS, the parties and Xxxxx Fargo Master Trust (the “Trust”) have entered into an Investment Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides management and other services to each series of the Trust listed in Appendix A to the Sub-Advisory Agreement (each a “Fund” and collectively the “Funds”); and
WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as indicated on Appendix B;
NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated and paid on a monthly basis by applying the annual rates indicated below to each Fund’s average daily net assets throughout the month:
| Name of Fund |
Breakpoints |
Sub-Advisory Rate |
|||
| International Value Portfolio |
$0-$150M $150M-$500M $500M-$750M $750M-$1B >$1B |
0.35 0.40 0.35 0.325 0.30 |
% % % % % |
If the Sub-Adviser shall provide management and other services for less than the whole of a month, the foregoing compensation shall be prorated based on the number of days in the month that such Sub-Adviser provided management and other services to the Funds.
2
The foregoing fee schedule is agreed to as of October 1, 2005 and shall remain in effect until changed in writing by the parties.
| XXXXX FARGO FUNDS MANAGEMENT, LLC | ||
| By: | /s/ XXXXXX XXXX | |
| Xxxxxx Xxxx Senior Vice President | ||
| LSV ASSET MANAGEMENT | ||
| By: | /s/ XXXXXXXX XXXXXXXX | |
| Xxxxxxxx Xxxxxxxx Partner and Chief Operating Officer | ||
3
