ADDENDUM NO. 1 TO INVESTMENT MANAGEMENT AGREEMENT
ADDENDUM NO. 1 TO
This Addendum dated as of the 29th day of August, 2019 is entered into by and between Xxxxxxx Mutual Funds Trust (the “Trust”), a statutory trust duly organized and existing under the laws of the State of Delaware, and Xxxxxxx Asset Management, LP, a limited partnership duly organized and existing under the laws of the State of Texas (the “Investment Adviser”).
WHEREAS, the Trust and the Investment Adviser have entered into an Investment Management Agreement, dated as of September 12, 2017 (the “Management Agreement”) pursuant to which the Trust appointed the Investment Adviser to act as investment adviser to certain Funds established as separate series of the Trust; and
WHEREAS, each Fund for which the Investment Adviser serves as investment adviser is set forth on Appendix A to the Management Agreement; and
WHEREAS, pursuant the Trust has notified the Investment Adviser that it is establishing The Xxxxxxx Small Cap Growth Fund (the “Small Cap Growth Fund”) as a new series of the Trust and that it desires to retain the Investment Adviser to act as the investment adviser therefore, and the Investment Adviser has notified the Trust that it is willing to serve as investment adviser to the Small Cap Growth Fund;
NOW, THEREFORE, the parties hereto, intending to be legally bound, hereby agree as follows:
1. Appointment. The Trust hereby appoints the Investment Adviser to act as investment adviser to the Small Cap Growth Fund for the period and on the terms set forth in the Management Agreement. The Investment Adviser hereby accepts such appointment and agrees to render the services set forth in the Management Agreement with respect to the Small Cap Growth Fund for the compensation herein provided.
2. Appendix A. Appendix A to the Management Agreement is hereby amended and restated as attached hereto. Upon the effectiveness of the Management Agreement with respect to the Small Cap Growth Fund, the term “Fund” as used in the Management Agreement shall be deemed to include the Small Cap Growth Fund.
3. Miscellaneous. Except to the extent supplemented hereby, the Management Agreement shall remain unchanged and in full force and effect, and is hereby ratified and confirmed in all respects as supplemented hereby.
IN WITNESS WHEREOF, the parties to have executed and delivered this Addendum No. 1 to the Management Agreement as of the date first above written.
XXXXXXX FUNDS TRUST
By: /s/ Xxxxx X. Xxxxx
Name: Xxxxx X. Xxxxx
Title: Chief Executive Officer and
President
XXXXXXX ASSET MANAGEMENT, LP
By: /s/ Xxxxx X. Xxxxx
Name: Xxxxx X. Xxxxx
Title: Managing Partner
Appendix A
Fund | Annual Percentage Rate | Effective with respect to the Fund as of |
The Xxxxxxx MLP Infrastructure Fund | 1.00% | September 12, 2017 |
The Xxxxxxx Small Cap Growth Fund | 0.80% | August 29, 2019 |
Exhibit A last amended on:
August 29, 2019
112
