LETTER AGREEMENT
Xxxxxxx Investment Management Company
0000 Xxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxx 00000
| Re: | Supervision and Operational Agreement |
This Letter Agreement relates to the Supervision and Operational Agreement between Xxxxxxx Exchange Traded Funds Trust (“RET”) and Xxxxxxx Investment Management Company (“RIMCo”) dated May 10, 2011, as amended (the “Supervision Agreement”). RET advises you that it is liquidating each of the funds listed in Appendix A (the “Passively-Managed Funds”) and that RET desires to remove the Passively-Managed Funds from the Supervision Agreement as of date of the liquidation of the funds.
Please indicate your acceptance to remove the Passively-Managed Funds from the Supervision Agreement by executing this letter agreement and returning it to the undersigned.
Sincerely,
XXXXXXX EXCHANGE TRADED FUNDS TRUST
| By: | /s/ Xxxxxxx Xxxxxxxx | |
| Xxxxxxx Xxxxxxxx | ||
| President and Chief Executive Officer |
Accepted this 28 day October 2012.
XXXXXXX INVESTMENT MANAGEMENT COMPANY
| By: | /s/ Xxxxx Xxxxxxx | |
| Xxxxx Xxxxxxx | ||
| President and Chief Executive Officer |
APPENDIX A
Xxxxxxx Aggressive Growth ETF
Xxxxxxx Consistent Growth ETF
Xxxxxxx Growth at a Reasonable Price ETF
Xxxxxxx Contrarian ETF
Xxxxxxx Equity Income ETF
Xxxxxxx Low P/E ETF
Xxxxxxx Xxxxx & Mid Cap Defensive Value ETF
Xxxxxxx Xxxxx Cap Defensive Value ETF
Xxxxxxx 1000 Low Beta ETF
Xxxxxxx 1000 High Beta ETF
Xxxxxxx 1000 Low Volatility ETF
Xxxxxxx 1000 High Volatility ETF
Xxxxxxx 1000 High Momentum ETF
Xxxxxxx 2000 Low Beta ETF
Xxxxxxx 2000 High Beta ETF
Xxxxxxx 2000 Low Volatility ETF
Xxxxxxx 2000 High Volatility ETF
Xxxxxxx 2000 High Momentum ETF
Xxxxxxx One World Large Cap ETF
Xxxxxxx One World Large Cap Growth ETF
Xxxxxxx One World Large Cap Value ETF
Xxxxxxx One World Small Cap ETF
Xxxxxxx One World Small Cap Growth ETF
Xxxxxxx One World Small Cap Value ETF
Xxxxxxx One World All Cap ETF
Xxxxxxx One World All Cap Growth ETF
Xxxxxxx One World All Cap Value ETF
Xxxxxxx One World ex-U.S. Large Cap ETF
Xxxxxxx One World ex-U.S. Large Cap Growth ETF
Xxxxxxx One World ex-U.S. Large Cap Value ETF
Xxxxxxx One World ex-U.S. Small Cap ETF
Xxxxxxx One World ex-U.S. Small Cap Growth ETF
Xxxxxxx One World ex-U.S. Small Cap Value ETF
Xxxxxxx One World ex-U.S. All Cap ETF
Xxxxxxx One World ex-U.S. All Cap Growth ETF
Xxxxxxx One World ex-U.S. All Cap Value ETF
Xxxxxxx Developed ex-U.S. Large Cap ETF
Xxxxxxx Emerging Markets Large Cap ETF
Xxxxxxx Xxxxx Cap Consistent Growth ETF
Xxxxxxx Xxxxx Cap Low P/E ETF
Xxxxxxx Xxxxx Cap Contrarian ETF
Xxxxxxx Xxxxx Cap Aggressive Growth ETF
Xxxxxxx Developed ex-U.S. High Momentum ETF
Xxxxxxx Developed ex-U.S. High Beta ETF
Xxxxxxx Developed ex-U.S. Low Beta ETF
Xxxxxxx Developed ex-U.S. High Volatility ETF
Xxxxxxx Developed ex-U.S. Low Volatility ETF
Xxxxxxx High Dividend Yield ETF
Xxxxxxx Xxxxx Cap High Dividend Yield ETF
Xxxxxxx International High Dividend Yield ETF
