INVESTMENT ADVISORY AGREEMENT FPA FUNDS TRUST FPA INTERNATIONAL VALUE FUND
Exhibit 99.D.3
FPA INTERNATIONAL VALUE FUND
AGREEMENT made this by and between FPA Funds Trust, a Delaware business trust (the “Fund”), and First Pacific Advisors, LLC, a Delaware limited liability company (the “Adviser”).
In the event of termination of this Agreement, the fee provided in this Section shall be computed on the basis of the period ending on the last business day on which this Agreement is in effect subject to a pro rata adjustment based on the number of days elapsed in the current fiscal month as a percentage of the total number of days in such month.
4. Other Services. At the request of the Fund, the Adviser in its
discretion may make available to the Fund office facilities, equipment, personnel and other services. Such office facilities, equipment, personnel and services shall be provided for or rendered by the Adviser and billed to the Fund at the Adviser’s cost.
time, without the payment of any penalty, by vote of a majority of the entire Board of Trustees of the Fund or by vote of a majority of the outstanding voting securities of the Portfolio on 60 days’ written notice to the Adviser.
This Agreement may be terminated by the Adviser at any time, without the payment of any penalty, upon 90 days’ written notice to the Fund. This Agreement will automatically and immediately terminate in the event of its assignment. Any notice under this Agreement shall be given in writing, addressed and delivered or mailed postpaid, to the other party at the principal office of such party.
As used in this Section 9, the terms “assignment”, “interested persons”, and “a vote of a majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19) and Section 2(a)(42) of the 1940 Act.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of this .
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By |
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Xxxxxx X. Xxxxxx |
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President |
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FIRST PACIFIC ADVISORS, LLC | |
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By |
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J. Xxxxxxx Xxxxxx |
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Managing Partner & COO |