TRANSAMERICA FUNDS AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
Exhibit (d)(10)(vii)
AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
THIS AMENDMENT is made as of October 26, 2012 to the Investment Advisory Agreement dated as of June 15, 2004, as amended (the “Agreement”), between Transamerica Funds and Transamerica Asset Management, Inc.
In consideration of the mutual covenants contained herein, the parties agree as follows:
| 1. | Schedule A. Schedule A to the Agreement is hereby deleted entirely and replaced as follows: |
| FUND |
INVESTMENT ADVISER COMPENSATION* | |
| Transamerica Large Company |
0.80% of first $250 million 0.775% over $250 million up to $750 million 0.75% over $750 million up to $1 billion 0.65% over $1 billion up to $2 billion 0.625% in excess of $2 billion | |
| Transamerica Mid Cap Value |
0.85% of the first $100 million 0.80% in excess of $100 million | |
| Transamerica Short-Term Bond |
0.55% of the first $250 million 0.50% over $250 million up to $500 million 0.475% over $500 million up to $1 billion 0.45% in excess of $1 billion | |
| * | As a percentage of average daily net assets on an annual basis. |
In all other respects, the Investment Advisory Agreement dated as of June 15, 2004, as amended, is confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of October 26, 2012.
| TRANSAMERICA FUNDS | ||
| By: | /s/ Xxxxxxxxxxx X. Xxxxxxx | |
| Name: | Xxxxxxxxxxx X. Xxxxxxx | |
| Title: | Vice President | |
| TRANSAMERICA ASSET MANAGEMENT, INC. | ||
| By: | /s/ Xxxxxx X. Xxxxxxxxx | |
| Name: | Xxxxxx X. Xxxxxxxxx | |
| Title: | Senior Vice President, General Counsel and Secretary | |
