July 1, 2020 Loomis Sayles Funds II Loomis Sayles Limited Term Government and Agency Fund

Exhibit (d)(7)(ii)

July 1, 2020

Xxxxxx Xxxxxx Funds II

Xxxxxx Xxxxxx Limited Term Government and Agency Fund

000 Xxxxxxxx Xxxxxx

Xxxxxx, XX 00000-0000

Attn: Xxxxx Xxxxxx, President

Re: Xxxxxx Xxxxxx Limited Term Government and Agency Fund Advisory Agreement Addendum

Dear Xx. Xxxxxx:

The Advisory Agreement dated September 12, 2003 between Xxxxxx Xxxxxx Funds II (the “Fund”), with respect to its Xxxxxx Xxxxxx Limited Term Government and Agency Fund (the “Series”), and Xxxxxx, Xxxxxx & Company, L.P. (the “Adviser”) is hereby revised, effective July 1, 2020, to delete section 7 and to replace it with the following:

7.    As full compensation for all services rendered, facilities furnished and expenses borne by the Adviser hereunder, the Trust shall pay the Adviser compensation at the annual percentage rate of 0.325% of the first $500 million of the average daily net assets of the Series and 0.30% over $500 million of such assets, respectively, or such lesser rate as the Adviser may agree to from time to time. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Board of Trustees of the Trust may from time to time determine and specify in writing to the Adviser. The Adviser hereby acknowledges that the Trust’s obligation to pay such compensation is binding only on the assets and property belonging to the Series.

To indicate your approval and acceptance of the terms of this letter, please sign below where indicated.

XXXXXX, XXXXXX & COMPANY, L.P.
By:		Xxxxxx, Xxxxxx & Company, Inc., its general partner
By:
Name:
Title:
ACCEPTED AND AGREED TO:
Xxxxxx Xxxxxx Trust II, on behalf of
Xxxxxx Xxxxxx Limited Term Government and Agency Fund

Exhibit (d)(7)(ii)

By:		/s/ Xxxxx X. Xxxxxx
		Xxxxx X. Xxxxxx
Title:		President
Date:

2