AMENDMENT NO. 1 TO INVESTMENT SUBADVISORY AGREEMENT
Exhibit (d)(92)
AMENDMENT NO. 1 TO INVESTMENT SUBADVISORY AGREEMENT
This Amendment to the Investment Subadvisory Agreement effective as of October 27, 2007 (the
“Agreement”) by and among Vantagepoint Investment Advisers, LLC, a Delaware limited liability
company (“Client”), Xxxxxx & Rygel, a Delaware limited liability company (“Subadviser”), and The
Vantagepoint Funds, a Delaware statutory trust shall be effective as of April 3, 2009.
WHEREAS, the Client, Subadviser and The Vantagepoint Funds entered into the Agreement for the
management of the assets of the Vantagepoint Diversified Assets Fund, a series of The Vantagepoint
Funds;
WHEREAS, the Client, Subadviser and The Vantagepoint Funds desire to further amend the
Agreement as set forth below.
NOW, THEREFORE, in consideration of the mutual covenants herein set forth, the parties hereto
agree as follows:
1. Schedule A, Fee Schedule shall be replaced in its entirety with the schedule attached to
this Amendment.
2. All other provisions of the Agreement, as previously amended, remain in full force and
effect.
3. Unless otherwise defined in this Amendment, all terms used in this Amendment shall have
the same meaning given to them in the Agreement.
4. This Amendment may be executed in two or more counterparts, each of which shall be deemed
an original, but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, THE PARTIES HERETO EXECUTE THIS AGREEMENT:
THE VANTAGEPOINT FUNDS, on behalf of the Vantagepoint Diversified Assets Fund
| By: | /s/ Xxxxxx Xxxxxx
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| Xxxxxx Xxxxxx, Secretary | ||||||
| Date: | April 3, 2009 |
| Approved by: | /s/ Xxxxx Xxxxxx
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| Xxxxx Xxxxxx, Chief Investment Officer and Manager | ||||||
| Vantagepoint Investment Advisers, LLC | ||||||
| Date: April 3, 2009 | ||||||
VANTAGEPOINT INVESTMENT ADVISERS, LLC
| By: | /s/ Xxxxxx Xxxxxx
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| Xxxxxx Xxxxxx, Assistant Secretary | ||||||
| ICMA Retirement Corporation | ||||||
| Date: | April 3, 2009 |
| Approved by: | /s/ Xxxxx Xxxxxx
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| Xxxxx Xxxxxx, Chief Investment Officer and Manager | ||||||
| Vantagepoint Investment Advisers, LLC | ||||||
| Date: April 3, 2009 | ||||||
XXXXXX & RYGEL
| By: | Xxxxx X. Xxxxxxxx
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| Title: | Managing Principal
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| Date: | March 30, 2009
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Schedule A
VANTAGEPOINT INVESTMENT ADVISERS, LLC
VANTAGEPOINT INVESTMENT ADVISERS, LLC
Fee Schedule
For
Xxxxxx & Rygel
DIVERSIFIED ASSETS FUND
Fee Schedule for Xxxxxx & Rygel’s Enhanced Cash Strategy Portfolio
The Subadviser’s quarterly fee shall be calculated based on the average daily net asset value of
the assets under the Subadviser’s management as provided by the Client or Custodian, at Client’s
discretion, based on the following annual rate.
First
|
$200 million | 0.10 percent | ||
Next
|
$100 million | 0.09 percent | ||
Over
|
$300 million | 0.08 percent |
Fee Schedule for Xxxxxx & Rygel’s Low Duration Plus Strategy Portfolio
The Subadviser’s quarterly fee shall be calculated based on the average daily net asset value of
the assets under the Subadviser’s management as provided by the Client or Custodian, at Client’s
discretion, based on the following annual rate.
0.19 percent
