AMENDMENT NO. 1 TO THE SUB-ADVISORY AGREEMENT
Exhibit 99.B(d)(4)(b)
AMENDMENT NO. 1 TO THE
THIS AMENDMENT NO. 1 dated as of December 6, 2017 to the Sub-Advisory Agreement dated as of July 29, 2016 (“Agreement”), is made by and among Victory Capital Management Inc., a New York corporation (“Adviser”), and SailingStone Capital Partners LLC, a Delaware limited liability company (“Sub-Adviser”). Capitalized terms not otherwise defined herein are to be ascribed the definitions in the Agreement.
WHEREAS, the Parties entered into the Agreement pursuant to which the Sub-Adviser provides investment management services to Victory Global Natural Resources Fund (“Fund”), a series of shares of beneficial interest of Victory Portfolios; and
WHEREAS, the Parties desire to revise Schedule A of the Agreement to reflect a change to the compensation to be paid to Sub-Adviser under the Agreement;
NOW, THEREFORE, in consideration of the terms and conditions hereinafter set forth and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is agreed as follow:
1. Schedule A of the Agreement is hereby deleted in its entirety and replaced with the attached new Schedule A, effective as of January 1, 2018.
2. All other terms of the Agreement, as amended, shall remain in full force and effect.
IN WITNESS WHEREOF, the Parties have duly executed this Amendment No. 1 as of the date first written above.
|
|
VICTORY CAPITAL MANAGEMENT INC. | ||
|
|
|
| |
|
|
|
| |
|
|
By: |
/s/ Xxxxxxx Xxxxxxxxx | |
|
|
Name: |
|
Xxxxxxx Xxxxxxxxx |
|
|
Title: |
|
Chief Financial Officer and Chief Operating Officer |
|
|
|
| |
|
|
SAILINGSTONE CAPITAL PARTNERS LLC | ||
|
|
| ||
|
|
|
| |
|
|
By: |
/s/ Xxxxx X. Xxxxxxxxxx | |
|
|
|
Name: |
Xxxxx X. Xxxxxxxxxx |
|
|
|
Title: |
Chief Financial Officer |
