to AMENDED AND RESTATED ADMINISTRATION AGREEMENT
Exhibit 99.(h).(3).(m)
THIRTEENTH AMENDMENT
to
AMENDED AND RESTATED ADMINISTRATION AGREEMENT
THIS AMENDMENT made effective as of the 8th day of January 2016 amends that certain amended and restated administration agreement, dated as of January 1, 2010, as amended, between the Trusts listed on Schedule A including the Funds listed under each Trust and Virtus Fund Services, LLC (successor in interest to VP Distributors, LLC (formerly VP Distributors, Inc.)) (the “Administration Agreement”) as herein below provided.
W I T N E S S E T H:
WHEREAS, Pursuant to Section 8, Amendments to the Agreement, of the Administration Agreement, the Trusts and the Funds wish to amend Schedule A of the Administration Agreement to add the Virtus Retirement Trust (the “Trust”), and each series of the Trust listed on Schedule A, and to otherwise update the schedule.
NOW, THEREFORE, in consideration of the foregoing premise, the parties to the Administration Agreement hereby agree that the Administration Agreement is amended as follows:
| 1. | Schedule A to the Administration Agreement is hereby replaced with Schedule A attached hereto and made a part hereof. |
| 2. | Except as herein provided, the Administration Agreement shall be and remain unmodified and in full force and effect. All initial capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Administration Agreement. |
| 3. | This Amendment may be executed in any number of counterparts (including executed counterparts delivered and exchanged by facsimile transmission) with the same effect as if all signing parties had originally signed the same document, and all counterparts shall be construed together and shall constitute the same instrument. For all purposes, signatures delivered and exchanged by facsimile transmission shall be binding and effective to the same extent as original signatures. |
[signature page follows]
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their duly authorized officers.
VIRTUS MUTUAL FUNDS
VIRTUS EQUITY TRUST
VIRTUS INSIGHT TRUST
VIRTUS OPPORTUNITIES TRUST
By: /s/ W. Xxxxxxx Xxxxxxx
Name: W. Xxxxxxx Xxxxxxx
Title: Senior Vice President, Chief Financial Officer & Treasurer
VIRTUS FUND SERVICES, LLC
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Vice President & Assistant Treasurer
SCHEDULE A
(as of January 8, 2016)
| Virtus Equity Trust |
|
Virtus Balanced Fund Virtus Contrarian Value Fund |
| Virtus Growth & Income Fund |
| Virtus Mid-Cap Core Fund |
| Virtus Mid-Cap Growth Fund |
| Virtus Quality Large-Cap Value Fund |
| Virtus Quality Small-Cap Fund |
| Virtus Small-Cap Core Fund |
| Virtus Small-Cap Sustainable Growth Fund |
| Virtus Strategic Growth Fund |
| Virtus Tactical Allocation Fund |
| Virtus Insight Trust |
| Virtus Emerging Markets Opportunities Fund |
| Virtus Low Duration Income Fund |
| Virtus Tax-Exempt Bond Fund |
| Virtus Opportunities Trust |
| Virtus Alternatives Diversifier Fund |
| Xxxxxx Xxxx Fund |
| Virtus CA Tax-Exempt Bond Fund |
| Virtus Dynamic Trend Fund |
| Virtus Emerging Markets Debt Fund |
|
Virtus Emerging Markets Equity Income Fund Virtus Emerging Markets Small-Cap Fund Virtus Equity Trend Fund Virtus Essential Resources Fund |
| Virtus Foreign Opportunities Fund |
| Virtus Global Equity Trend Fund |
| Virtus Global Infrastructure Fund |
| Virtus Global Opportunities Fund |
| Virtus Global Real Estate Securities Fund |
| Virtus Greater European Opportunities Fund |
| Xxxxxx Xxxxxxxx Fund |
| Virtus High Yield Fund |
| Virtus International Equity Fund |
| Virtus International Real Estate Securities Fund |
| Virtus International Small-Cap Fund |
| Virtus International Wealth Masters Fund |
| Virtus Low Volatility Equity Fund |
| Virtus Multi-Asset Trend Fund |
| Virtus Multi-Sector Intermediate Bond Fund |
| Virtus Multi-Sector Short Term Bond Fund |
| Virtus Real Estate Securities Fund |
| Virtus Sector Trend Fund |
| Virtus Senior Floating Rate Fund |
| Virtus Wealth Masters Fund |
| Virtus Retirement Trust |
| Virtus DFA 2015 Target Date Retirement Income Fund |
| Virtus DFA 2020 Target Date Retirement Income Fund |
| Virtus DFA 2025 Target Date Retirement Income Fund |
| Virtus DFA 2030 Target Date Retirement Income Fund |
| Virtus DFA 2035 Target Date Retirement Income Fund |
| Virtus DFA 2040 Target Date Retirement Income Fund |
| Virtus DFA 2045 Target Date Retirement Income Fund |
| Virtus DFA 2050 Target Date Retirement Income Fund |
| Virtus DFA 2055 Target Date Retirement Income Fund |
| Virtus DFA 2060 Target Date Retirement Income Fund |
Any Fund with net assets in excess of $10 billion will receive an offsetting credit to its administrative fee, such that the portion of its net assets in excess of $10 billion will only be assessed an administrative fee of .07%. The fees for the portion of such a Fund’s net assets up to and inclusive of the first $10 billion will remain consistent with the fee schedule above.
