AMENDMENT NO. 1 TO INVESTMENT SUB-ADVISORY AGREEMENT
AMENDMENT NO. 1
Amendment No. 1 to the INVESTMENT SUB-ADVISORY AGREEMENT dated as of June 12, 2015, by and between the Sub-Adviser and the Adviser (the "Agreement") hereby amends the Agreement as follows, effective May 18, 2016.
The following is added as the penultimate sentence in the last paragraph of Section 5 of the Agreement.
Additionally, the Sub-Adviser agrees that the Sub-Adviser shall be responsible for reasonable expenses incurred by the Fund or Adviser in responding to a legal, administrative, judicial or regulatory action, claim, or suit involving the Sub-adviser to which neither the Fund nor the Adviser is a party and does not arise out of the Sub-Adviser’s obligations to the Fund and the Adviser hereunder or the fees payable by the Adviser to the Sub-Adviser.
Except as modified herein, all terms and conditions of the Agreement remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to the Agreement to be duly executed by their duly authorized officers, all on the day and year first set forth above.
OLIVE STREET INVESTMENT ADVISERS, LLC
(the Adviser)
By: /s/ Xxxxxxx Xxxxx
Name: Xxxxxxx Xxxxx
Title: Vice President
METROPOLITAN WEST ASSET MANAGEMENT, LLC
(the Sub-Adviser)
By: /s/ Xxxxx Xxxxxxx
Name: Xxxxx Xxxxxxx
Title: Chief Executive Officer