EXHIBIT 2(g)(6)
AMENDMENT TO SUB-ADVISORY AGREEMENT BY AND AMONG
KIEWIT INVESTMENT FUND LLLP,
OFFIT HALL CAPITAL MANAGEMENT LLC
AND
XXXXXX & RYGEL
Reference is made to the sub-advisory agreement ("Agreement") dated as of
July 26, 2005, by and among Kiewit Investment Fund LLLP, a Delaware limited
liability limited partnership (the "Fund"), Offit Hall Capital Management LLC, a
Delaware limited liability company (the "Adviser"), and Xxxxxx & Rygel, a
California corporation (the "Sub-Adviser"). Capitalized terms used but not
defined herein have the meanings given to them in the Agreement.
WHEREAS, the Fund, the Adviser and the Sub-Adviser wish to amend the
Agreement to change the fee schedule; and
WHEREAS, the Directors of the Fund, including a majority of the Independent
Directors, approved this Amendment at a meeting held on November 18, 2005;
NOW, THEREFORE, pursuant to Section 6 of the Agreement, the Fund, the
Adviser and the Sub-Adviser agree as follows:
1. Attachment 2 to the Agreement shall be replaced in its entirety by the
attached Attachment 2.
2. Except as set forth herein, the provisions of the Agreement remain in
full force and effect.
IN WITNESS WHEREOF, the undersigned have caused this Amendment to be signed
as of the 20th day of March, 2006.
KIEWIT INVESTMENT FUND LLLP
By: /s/ Xxxxxx Xxxxxxxx
----------------------------------
Name: Xxxxxx Xxxxxxxx
Title: CFO
OFFIT HALL CAPITAL MANAGEMENT LLC
By: /s/ Xxxxxxx X. Xxxx
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Name: Xxxxxxx X. Xxxx
Title: Co-CEO, CIO
XXXXXX & RYGEL
By: /s/ Xxxx Xxxx Xxxx
----------------------------------
Name: Xxxx Xxxx Xxxx
Title: Managing Principal
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ATTACHMENT 2
FEE SCHEDULE
As consideration for the Sub-Adviser's services to the Fund, the Sub-Adviser
shall receive from the Fund an annual Advisory Fee, accrued daily at the rate of
1/365th of the applicable Advisory Fee rate and payable on the first business
day of each month. For the purposes of calculating the Advisory Fee, the value
of the assets will be based on the average daily net assets during the month,
obtained from a report issued by X.X. Xxxxxx Investor Services Co. (or any
successor administrator) and provided by the Fund. The Advisory Fee rates are as
follows:
FIXED INCOME ASSETS
(i) 0.22 of 1% on the first $50,000,000 and
(ii) 0.15 of 1% thereafter.
CASH AND EQUIVALENT ASSETS
(i) 0.15 of 1% on all assets
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