EX-99.d.4.i
AMENDMENT TO SUB-ADVISORY AGREEMENT
REVENUESHARES ETF TRUST
This amendment (the "Amendment") is effective as of August 15, 2008, by and
between VTL Associates, LLC, a Pennsylvania limited liability company (the
"Investment Adviser"), and Mellon Capital Management Corporation, an indirect
wholly owned subsidiary of The Bank of New York Mellon Corporation (the
"Sub-Adviser").
WHEREAS the parties entered into a Sub-Advisory Agreement (the "Agreement")
dated August 1, 2008; and
WHEREAS the parties now wish to amend the Agreement, in accordance with
Section 14 thereof, by changing Appendices A and B thereof to include additional
series of the Trust;
NOW THEREFORE, the parties agree as follows:
Appendices A and B to the Agreement are hereby deleted and replaced with
the Appendix A and Appendix B, respectively, attached hereto and incorporated by
reference herein.
Except to the extent modified by this Amendment, the remaining provisions
of the Agreement shall remain in full force and effect. In the event of a
conflict between the provisions of the Agreement and those of this Amendment,
the Amendment shall control.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed as of the day and year first written above.
VTL Associates, LLC Mellon Capital Management
Corporation
By: /s/ Xxxxxxx X. Xxxxx By: /s/ Xxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxx Name: Xxxxxx X. Xxxxxx
Title: Chief Executive Officer Title: EVP & Chief Administrative
Officer
APPENDIX A
TO
SUB-ADVISORY AGREEMENT
RevenueShares Large Cap Fund
RevenueShares Mid Cap Fund
RevenueShares Small Cap Fund
RevenueShares Consumer Discretionary Sector Fund
RevenueShares Consumer Staples Sector Fund
RevenueShares Energy Sector Fund
RevenueShares Financials Sector Fund
RevenueShares Health Care Sector Fund
RevenueShares Industrials Sector Fund
RevenueShares Information Technology Sector Fund
RevenueShares Materials Sector Fund
RevenueShares Utilities Sector Fund
RevenueShares ADR Fund
RevenueShares Navellier Overall A-100 Fund
APPENDIX B
TO
SUB-ADVISORY AGREEMENT
SUB ADVISORY SERVICES - ANNUAL FEES - MELLON CAPITAL MANAGEMENT CORPORATION
For RevenueShares Large Cap Fund, RevenueShares Mid Cap Fund and RevenueShares
Small Cap Fund:
o 8.0 basis points (0.08%) per annum on the fund's daily average net
assets up to $75 Million
o 6.0 basis points (0.06%) per annum on the next $50 Million.
o 3.0 basis points (0.03%) per annum on the excess
Minimum Annual Fees:
Each fund will be subject to the following minimum fee schedule:
$35,000 minimum annual fee per fund.
For RevenueShares Consumer Discretionary Sector Fund, RevenueShares Consumer
Staples Sector Fund, RevenueShares Energy Sector Fund, RevenueShares Financials
Sector Fund, RevenueShares Health Care Sector Fund, RevenueShares Industrials
Sector Fund, RevenueShares Information Technology Sector Fund, RevenueShares
Materials Sector Fund, RevenueShares Utilities Sector Fund, RevenueShares ADR
Fund and RevenueShares Navellier Overall A-100 Fund:
o 10.0 basis points (0.10%) per annum on the fund's daily average net
assets up to $100 Million
o 5.0 basis points (0.05%) per annum on the excess
Minimum Annual Fees:
Each fund will be subject to the following minimum fee schedule:
Year 1: $35,000 minimum fee per fund.
Year 2: $75,000 minimum fee per fund.
Year 3: $100,000 minimum fee per fund.
The above Annual Fees will be billed quarterly in arrears based on the average
daily market value of each Fund or at the minimum rate applied pro rata.
