INVESTMENT ADVISORY AND SERVICE AGREEMENT
AMENDMENT TO THE
AMERICAN FUNDS RETIREMENT INCOME PORTFOLIO SERIES
INVESTMENT ADVISORY AND SERVICE AGREEMENT
This Amendment to the American Funds Retirement Income Portfolio Series Investment Advisory and Service Agreement, dated August 14, 2015 (the “Agreement”), is entered into effective January 1, 2016 by and between American Funds Retirement Income Portfolio Series (“AFRIS”) and Capital Research and Management Company (“CRMC”), the Investment Adviser to AFRIS. Each of AFRIS and CRMC is referred to herein as a “Party” and together as the “Parties.” All capitalized terms used herein and not otherwise defined shall have the meaning ascribed such term in the Agreement.
RECITALS
WHEREAS, AFRIS and CRMC agree that the relationship between the parties continues to be mutually beneficial and the parties wish to amend the fee structure contemplated in the original Agreement;
NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, and of the mutual expectations of benefit occurring from the activities herein contemplated, the Parties hereto agree as follows:
| 1. | Section 4 is deleted in its entirety and replaced with the following: |
“4. The Investment Adviser acknowledges that it receives compensation in its role as investment adviser to the underlying funds in which the Funds are invested and accordingly, the Investment Adviser agrees that its provision of the services under this Agreement shall not be subject to any additional compensation.”
| 2. | Except as expressly amended hereby, all of the terms and conditions of the Agreement will remain unchanged and will continue to be in full force and effect. |
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IN WlTNESS WHEREOF, the Parties hereto have executed this Amendment to the Investment Advisory and Service Agreement as of the day and year first written above.
AMERICAN FUNDS RETIREMENT INCOME PORTFOLIO SERIES
By: /s/ Xxxxxx X. Koszalka___________
Name: Xxxxxx X. Xxxxxxxx
Title: Secretary
CAPITAL RESEARCH AND MANAGEMENT COMPANY
By: /s/ Xxxxxxx X. Downer__________
Name: Xxxxxxx X. Xxxxxx
Title: Senior Vice President and Secretary
