Loomis, Sayles & Company, L.P. One Financial Center Boston, MA 02111
Exhibit (d)(7)(iii)
Xxxxxx, Xxxxxx & Company, L.P.
One Financial Center
Boston, MA 02111
July 1, 2023
Xxxxxx Xxxxxx Funds II
Xxxxxx Xxxxxx Strategic Income Fund
000 Xxxxxxxx Xxxxxx, Xxxxx 000
Boston, MA 02199-8197
Attn: Xxxxx XxXxxx Xxxxx, Secretary
Re: Xxxxxx Xxxxxx Strategic Income Fund Advisory Agreement Addendum
Dear Xx. Xxxxx:
The Advisory Agreement dated September 12, 2003 between Xxxxxx Xxxxxx Funds II (the “Trust”), with respect to its Xxxxxx Xxxxxx Strategic Income Fund (the “Series”), and Xxxxxx, Xxxxxx & Company, L.P. (the “Adviser”) is hereby revised, effective July 1, 2023, to delete Section 7 and to replace it with the following:
7. As full compensation for all services rendered, facilities furnished and expenses borne by the Adviser hereunder, the Trust shall pay the Adviser compensation at the annual percentage rate of 0.64% of the first $200 million of the average daily net assets of the Series, 0.59% of the next $1.8 billion of the average daily net assets of the Series, 0.54% of the next $23 billion of the average daily net assets of the Series, 0.53% thereafter of such assets, respectively, or such lesser rate as the Adviser may agree to from time to time. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Board of Trustees of the Trust may from time to time determine and specify in writing to the Adviser. The Adviser hereby acknowledges that the Trust’s obligation to pay such compensation is binding only on the assets and property belonging to the Series.
To indicate your approval and acceptance of the terms of this letter, please sign below where indicated.
| Xxxxxx, Xxxxxx & Company, L.P. | ||
| By: Xxxxxx, Xxxxxx & Company, Inc., its general partner | ||
| By: | /s/ Xxxxxxx Xxxxxxxx | |
| Xxxxxxx Xxxxxxxx | ||
| Title: | Chief Accounting Officer, Finance Director and Treasurer | |
| ACCEPTED AND AGREED TO: | ||
| Xxxxxx Xxxxxx Funds II, on behalf of | ||
| Xxxxxx Xxxxxx Strategic Income Fund | ||
| By: | /s/ Xxxxx XxXxxx Xxxxx | |
| Xxxxx XxXxxx Xxxxx | ||
| Title: | Executive Vice President, General Counsel and Secretary | |
Date: July 1, 2023
| 2 |
