AMENDMENT NO. 2 TO INVESTMENT SUB-ADVISORY AGREEMENT
AMENDMENT NO. 2
TO INVESTMENT SUB-ADVISORY AGREEMENT
This Amendment No. 2 to the Investment Sub-Advisory Agreement dated as of August 1, 2013 by and between Olive Street Investment Advisers, LLC (the “Adviser”) and X.X. Xxxxxx Investment Management Inc. (the “Sub-Adviser”) (the “Agreement”), is entered into as of the day of September 2017 by and among the Adviser, the Sub-Adviser and Bridge Builder Trust, a Delaware statutory trust located at 000 Xxxx Xxxxxxxx Xxxxxx, Xxxxxxxxx, XX 00000, (the “Trust”) on behalf of the series of the Trust indicated on Schedule A to this Amendment (each a “Fund” and collectively, the “Funds”). All capitalized terms used, but not defined, herein shall have the meanings given to them in the Agreement and Amendment No. 1 to the Agreement, dated June 9, 2017.
WHEREAS, the Adviser, the Sub-Adviser, and the Trust, on behalf of each Fund, desire to change the annual sub-advisory fee rate as set forth on Schedule A to the Agreement due to the Sub-adviser by each Fund for services rendered to the Allocated Portion of each Fund;
WHEREAS, pursuant to Section 12 of the Agreement, the Agreement may be amended only by a written instrument signed by all parties;
NOW THEREFORE, in consideration of the foregoing and the mutual covenants herein contained, the parties hereby amend the Agreement by deleting Schedule A to the Agreement in its entirety and replacing it with Schedule A to this Amendment, attached hereto.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their officers designated below as of the day and year written above.
[SIGNATURE PAGE FOLLOWS]
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| on behalf of the series listed on Schedule A hereto |
OLIVE STREET INVESTMENT ADVISERS, LLC | |||||||
| By: | /s/ Xxxx X. Xxxxxx |
By: | /s/ Xxxx X. Xxxxxx | |||||
| Name: | Xxxx X. Xxxxxx | Name: | Xxxx X. Xxxxxx | |||||
| Title: | President | Title: | President | |||||
| X.X. XXXXXX INVESTMENT MANAGEMENT INC. | ||
| By: | /s/ Xxx Brands | |
| Name: | Xxx Brands | |
| Title: | Vice President | |
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SCHEDULE A
FUNDS AND FEES
Effective December 1, 2017
| Series of Bridge Builder Trust |
Annual Sub-Advisory Fee Rate | |||
| Bridge Builder Core Bond Fund |
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