AMENDMENT TO SUB-ADVISORY AGREEMENT
EX-99.d.25.i
AMENDMENT
THIS AMENDMENT (“Amendment”) to the Sub-Advisory Agreement (“Agreement”) dated December 10, 2018, by and between Mercer Investments LLC (formerly known as Mercer Investment Management, Inc.), a Delaware limited liability company (the “Advisor”), and Veritas Asset Management LLP, a limited liability partnership (the “Sub-Advisor”), is made as of June 5, 2024.
RECITALS
WHEREAS, pursuant to the Agreement, the Advisor has engaged the Sub-Advisor to assist the Advisor in the provision of a continuous investment program for that portion of one or more of the Trust’s series’ assets which the Advisor has assigned to the Sub-Advisor;
WHEREAS, as compensation for the Sub-Advisor’s services rendered pursuant to the Agreement, the Advisor shall pay the Sub-Advisor a fee set forth in Exhibit A of the Agreement;
WHEREAS, the parties desire to amend the fee schedule set forth in Exhibit A of the Agreement; and
WHEREAS, Section 15 of the Agreement provides that the parties may mutually agree to amend the Agreement by a written instrument signed by both the Advisor and the Sub-Advisor.
AGREEMENT
NOW THEREFORE, in consideration of the promises and mutual agreements set forth herein, the parties hereby agree to amend the Agreement, as follows:
1. Effective as of June 4, 2024, Exhibit A of the Agreement, “Fee Schedule”, is hereby deleted and replaced with the Exhibit A attached to this Amendment.
2. All other terms and provisions of the Agreement shall remain in full force and effect, except as modified hereby.
[Signature page to follow.]
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.
Xxxxxx Investments LLC (f/k/a Mercer Investment Management, Inc.)
| By: | /s/ Xxxxx Xxxxxxx | |||
| Name: | Xxxxx Xxxxxxx | |||
| Title: | Senior Portfolio Manager - Equities | |||
Veritas Asset Management LLP
| By: | /s/ Xxxxxx Xxxxx | |||
| Name: | Xxxxxx Xxxxx | |||
| Title: | Chief Operating Officer | |||
