SECOND AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
SECOND AMENDMENT TO THE
THIS SECOND AMENDMENT dated as of the 18th day of November, 2015, to the Investment Advisory Agreement, dated as of May 4, 2011, (the “Agreement”), is entered into by and between Managed Portfolio Series, a Delaware statutory trust (“Trust”) and Nuance Investments, LLC, a Kansas Limited Liability Company (“Adviser”).
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to amend the Agreement to incorporate newly created series of the Trust; and
WHEREAS, Section 10 of the Agreement allows for its amendment by a written instrument executed by all of the parties.
NOW, THEREFORE, the parties agree to amend and restate Schedule A as attached hereto to add the Nuance Concentrated Value Long-Short Fund, a new series of Managed Portfolio Series.
Except to the extent amended hereby, the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be executed by a duly authorized officer, as applicable, on one or more counterparts as of the date set forth above.
MANAGED PORTFOLIO SERIES: | ||||
By:
|
/s/ Xxxxx X. Xxxxxx
|
|||
Xxxxx X. Xxxxxx
|
||||
President and Principal Executive Officer
|
NUANCE INVESTMENTS, LLC: | ||||
By:
|
/s/ Xxxxx X. Xxxxx
|
|||
Xxxxx X. Xxxxx, CFA
|
||||
President and Chief Investment Officer
|
SCHEDULE A
FUNDS AND FEES
Series of Managed Portfolio Series
|
Annual Fee Rate as % of
Current Net Assets
|
|
Nuance Concentrated Value Fund
|
0.85%
|
|
Nuance Mid Cap Value Fund
|
0.75%
|
|
Nuance Concentrated Value Long-Short Fund
|
1.00%
|