AMENDMENT NO. 3 TO INVESTMENT SUBADVISORY AGREEMENT
AMENDMENT NO. 3 TO INVESTMENT SUBADVISORY AGREEMENT
This Amendment (“Amendment”) to the Agreement (defined below), is effective as of May 1, 2014, by
and among Vantagepoint Investment Advisers, LLC, a Delaware limited liability company (“Client”),
Xxxxxx & Rygel, a Delaware corporation (“Subadviser”), and The Vantagepoint Funds, a Delaware
statutory trust.
WHEREAS, the Client, Subadviser and The Vantagepoint Funds entered into an Investment
Subadvisory Agreement effective as of October 27, 2007, as amended April 3, 2009 and September 28,
2009, with respect to the Vantagepoint Diversifying Strategies Fund (formerly the Vantagepoint
Diversified Assets Fund), a series of The Vantagepoint Funds (the “Agreement”);
WHEREAS, the Client, Subadviser and The Vantagepoint Funds desire to further amend the
Agreement as set forth below.
NOW, THEREFORE, in consideration of the mutual covenants herein set forth, the parties hereto
agree as follows:
| 1. | Schedule A, Fee Schedule shall be replaced in its entirety with the schedule attached to this Amendment. | ||
| 2. | The listing of Key Personnel in Section 2(d) of the Agreement is hereby deleted and replaced with the following: |
Key Personnel:
|
Xxxxx X. Xxxxxxxx | |
| Xxxx Xxxx Xxxx | ||
| Xxxx X. Xxxxx |
| 3. | All other provisions of the Agreement remain in full force and effect. | ||
| 4. | Unless otherwise defined in this Amendment, all terms used in this Amendment shall have the same meaning given to them in the Agreement. | ||
| 5. | This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. |
IN WITNESS WHEREOF, THE PARTIES HERETO EXECUTE THIS AGREEMENT:
THE VANTAGEPOINT FUNDS, on behalf of the Vantagepoint Diversifying Strategies Fund
| By: | /s/ Xxxxxx Xxxxxx | |||||
| Xxxxxx Xxxxxx, Secretary | ||||||
Date:
|
4/14/2014 | |||||
| Approved by: | /s/ Xxxxx Xxxxxx | |||||
| Xxxxx Xxxxxx, Chief Investment
Officer and Manager Vantagepoint Investment Advisers, LLC |
||||||
| Date: 4/14/2014 | ||||||
|
VANTAGEPOINT INVESTMENT ADVISERS, LLC
|
||||||
| By: | /s/ Xxxxxx Xxxxxx | |||||
| Xxxxxx Xxxxxx, Assistant Secretary | ||||||
Date:
|
4/14/2014 | |||||
| Approved by: | /s/ Xxxxx Xxxxxx | |||||
| Xxxxx Xxxxxx, Chief Investment
Officer and Manager Vantagepoint Investment Advisers, LLC |
||||||
| Date: 4/14/2014 | ||||||
XXXXXX & RYGEL
By:
|
/s/ Xxxxx X. Xxxxxxxx | |||
Title:
|
Xxxxx X. Xxxxxxxx, Managing Principal | |||
Date:
|
April 15, 2014 |
Schedule A
VANTAGEPOINT INVESTMENT ADVISERS, LLC
VANTAGEPOINT INVESTMENT ADVISERS, LLC
Fee Schedule
For
Xxxxxx & Rygel
DIVERSIFYING STRATEGIES FUND
Fee Schedule for Xxxxxx & Rygel’s Low Duration Plus Strategy Portfolio
The Subadviser’s quarterly fee shall be calculated based on the average daily net asset value of
the assets under the Subadviser’s management as provided by the Client or Custodian, at Client’s
discretion, based on the following annual rate.
First |
$200 million | 0.10 percent | ||||||
Next |
$100 million | 0.09 percent | ||||||
Over |
$300 million | 0.08 percent | ||||||
Fee Schedule for Xxxxxx & Rygel’s Enhanced Equity Strategy Portfolio
The Subadviser’s quarterly fee shall be calculated based on the average daily net asset value of
the assets under the Subadviser’s management as provided by the Client or Custodian, at Client’s
discretion, based on the following annual rate.
First |
$250 million | 0.150 percent | ||||||
Next |
$250 million | 0.125 percent | ||||||
Next |
$250 million | 0.100 percent | ||||||
Over |
$750 million | 0.075 percent | ||||||
