LETTER AGREEMENT
LETTER AGREEMENT
Xxxxxxx Investment Management Company
0000 Xxxxxx Xxxxxx
00xx Xxxxx
Xxxxxxx, XX 00000
| Re: | Amended and Restated Management Agreement |
Pursuant to Section 9 of the Amended and Restated Management Agreement between Xxxxxxx Exchange Traded Funds Trust (“RET”) and Xxxxxxx Investment Management Company (“RIMCo”) dated February 23, 2011, RET advises you that it is creating three new funds each listed in Appendix A (“New Funds”). RET desires RIMCo to serve as Investment Advisor with respect to the New Funds pursuant to the terms and conditions of the Amended and Restated Management Agreement. The fees to be charged by the advisor in return for its services shall be as set forth in Appendix A.
Please indicate your acceptance to act as advisor with respect to the New Funds by executing this letter agreement and returning to the undersigned.
| Sincerely, | ||
| XXXXXXX EXCHANGE TRADED FUNDS TRUST | ||
| By: |
| |
| Xxxxx X. Xxxxxxxx | ||
| President and Chief Executive Officer | ||
| Accepted this day of . | ||
| XXXXXXX INVESTMENT MANAGEMENT COMPANY | ||
| By: |
| |
| Xxxxx Xxxxxxx | ||
| President and Chief Executive Officer | ||
| XXXXX XXXXXXX COMPANY | ||
| By: |
| |
| Xxx Xxxxxxx | ||
| Chief Executive Officer | ||
APPENDIX A
| Name of Fund |
Management Fee | |
| Xxxxxxx High Dividend Yield ETF |
33 bps | |
| Xxxxxxx Xxxxx Cap High Dividend Yield ETF |
38 bps | |
| Xxxxxxx International High Dividend Yield ETF |
48 bps |
