Amendment to Sub-Advisory Agreement
Exhibit 99.4(pp)
Amendment to
THIS AMENDMENT is made as of February 29, 2024 and effective March 1, 2024 (the “Effective Date”), between UBS ASSET MANAGEMENT (AMERICAS) LLC (formerly known as UBS Asset Management (Americas) Inc. and UBS Global Asset Management (Americas) Inc.) (“UBS AM”), a Delaware limited liability company, and ARGA Investment Management, LP (“Sub- Adviser”), a Delaware limited partnership.
WHEREAS, UBS AM and Sub-Adviser have entered into a Sub-Advisory Agreement dated as of December 19, 2023, as may be amended from time to time (the “Agreement”);
WHEREAS, as of the Effective Date set forth above, UBS AM has converted from a Delaware corporation to a Delaware limited liability company pursuant to Delaware statute, and has changed its name to “UBS Asset Management (Americas) LLC”; and
WHEREAS, UBS AM and Sub-Adviser desire to amend the Agreement to reflect such conversion;
NOW THEREFORE, the Agreement is hereby amended as of the Effective Date as follows:
| 1. | All references to UBS Asset Management (Americas) Inc. are hereby revised to UBS Asset Management (Americas) LLC. |
| 2. | All references to UBS AM as a Delaware Corporation are hereby revised to refer to UBS AM as a Delaware limited liability company. |
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their officers designated below as of the day and year first above written.
| Attest: |
UBS Asset Management (Americas) LLC | |
| /s/ Xxxx Xxxxxxx | /s/ Xxxxx X. Xxxxxx | |
| Name: Xxxx Xxxxxxx | Name: Xxxxx X. Xxxxxx | |
| Title: Director and Assoc. General Counsel | Title: Executive Director and Deputy General Counsel | |
| Attest: | ARGA Investment Management, LP | |
| /s/ Xxxx Xxxxx | /s/ A. Xxxx Xxxxxxx, CFA | |
| Name: Xxxx Xxxxx | Name: X. Xxxx Xxxxxxx, CFA | |
| Title: Chief Compliance Officer | Title: Chief Investment Officer | |
