FORM OF LETTER AGREEMENT AMG SouthernSun Global Opportunities Fund Investment Management Agreement
FORM OF LETTER AGREEMENT
AMG SouthernSun Global Opportunities Fund
Investment Management Agreement
July 11, 2016
AMG Funds LLC
000 Xxxxxxxxx Xxxx, Xxxxx 000
Xxxxxxxxx, XX 00000
Attn: Xxxxxx X. Xxxxx, Chief Operating Officer
| Re: | Investment Management Agreement between AMG Funds LLC (formerly known as Managers Investment Group LLC, which was formerly known as The Managers Funds LLC) and AMG Funds (formerly known as Managers AMG Funds), dated as of October 19, 1999, and as amended from time to time (the “Investment Management Agreement”) |
Ladies and Gentlemen:
Pursuant to Section 1(b) of the Investment Management Agreement, AMG Funds (the “Trust”) hereby notifies you that it is establishing a new series to be named AMG SouthernSun Global Opportunities Fund (the “New Fund”), and that the Trust desires to retain AMG Funds to provide management and investment advisory services with respect to the New Fund pursuant to the terms and conditions of the Investment Management Agreement. Attached as Appendix A is an addendum to Schedule A to the Investment Management Agreement.
Please acknowledge your agreement to provide such management and investment advisory services to the New Fund by executing this letter agreement in the space provided below and then returning it to the undersigned.
| Sincerely, | ||
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| By: |
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| Name: Xxxxxx X. Xxxxxx | ||
| Title: Treasurer, Chief Financial Officer and Principal Financial Officer | ||
| ACKNOWLEDGED AND ACCEPTED
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| AMG Funds LLC
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| By: |
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| Name: | ||
| Title: | ||
| Date: | ||
Appendix A
ADDENDUM TO
SCHEDULE A
AMG SouthernSun Global Opportunities Fund
Advisory Fees pursuant to Section 2(a)
The Trust shall pay to the Adviser an annual gross investment advisory fee equal to 1.00% of the average daily net assets of AMG SouthernSun Global Opportunities Fund. Such fee shall be accrued daily and paid as soon as practical after the last day of each calendar month.
Administration Fees Pursuant to Section 2(b)
None.
