FORM OF LETTER AGREEMENT TimesSquare International Small Cap Fund Investment Management Agreement
TimesSquare International Small Cap Fund
Investment Management Agreement
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Managers Investment Group LLC
000 Xxxxxxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxxx 00000
Attn: Xxxxxx X. Xxxxx, Chief Operating Officer
Re: | Investment Management Agreement between Managers Investment Group LLC and Managers AMG Funds, dated as of October 19, 1999 |
Ladies and Gentlemen:
Pursuant to Section 1(b) of the Investment Management Agreement between Managers Investment Group LLC (f/k/a The Managers Funds LLC) (“Managers”) and Managers AMG Funds (the “Trust”), dated October 19, 1999, as amended from time to time (the “Investment Management Agreement”), the Trust hereby notifies you that it is establishing a new series to be named TimesSquare International Small Cap Fund (the “New Fund”), and that the Trust desires to retain Managers 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 the services contemplated by the Investment Management Agreement to the New Fund by executing this letter agreement in the space provided below and then returning it to the undersigned.
Sincerely, | ||
Managers AMG Funds | ||
By: |
| |
Name: Xxxxxx X. Xxxxxx | ||
Title: Treasurer and Chief Financial Officer | ||
ACKNOWLEDGED AND ACCEPTED | ||
Managers Investment Group LLC | ||
By: |
| |
Name: Xxxxxx X. Xxxxx | ||
Title: Chief Operating Officer | ||
Date: |
Appendix A
ADDENDUM TO
SCHEDULE A
TimesSquare International Small Cap Fund
Advisory Fees pursuant to Section 2(a)
The Trust shall pay to the Advisor an annual gross investment advisory fee equal to 0.90% of the average daily net assets of TimesSquare International Small Cap 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.