Prudential Short-Term Corporate Bond Fund, Inc. AMENDMENT TO MANAGEMENT AGREEMENT
Prudential Short-Term Corporate Bond Fund, Inc.
AMENDMENT TO MANAGEMENT AGREEMENT
Amendment to Management Agreement made this 1st day of July, 2014, between Prudential Short-Term Corporate Bond Fund, Inc. (the
Fund), and Prudential Investments LLC (the Manager).
WHEREAS the Fund and the Manager have mutually agreed to revise Schedule A of the Management Agreement, in order to reduce the
management fee rate pursuant to which the Fund compensates the Manager for the services provided by the Manager to the Fund;
NOW THEREFORE, the parties mutually agree as follows:
1. The management fee rate schedule appearing in Schedule A is hereby deleted in its entirety and is replaced with the following
new management fee rate schedule applicable to the Fund:
0.40% up to $10 billion of average daily net assets;
0.39% of average daily net assets over $10 billion.
2. The Management Agreement is unchanged in all other respects.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their officers designated below as of the day and year first above written.
PRUDENTIAL SHORT-TERM CORPORATE BOND FUND, INC.
By: /s/ Xxxxx X. Xxxxxxxx
Xxxxx X. Xxxxxxxx, Vice President
PRUDENTIAL INVESTMENTS LLC
By: /s/ Xxxxxx X. Xxxxxx
Xxxxxx X. Xxxxxx, President