LETTER AGREEMENT
Xxxxxxx Investment Management Company
0000 Xxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxx 00000
Re: | Supervision and Operational Agreement |
Pursuant to Section 1 of the Supervision and Operational Agreement between Xxxxxxx Exchange Traded Funds Trust (“RET”) and Xxxxxxx Investment Management Company (“RIMCo”) dated May 10, 2011, RET advises you that it is creating three new funds each listed in Appendix A (the “New Funds”). RET desires for RIMCo to provide and/or procure supervisory and operational services with respect to the New Funds pursuant to the terms and conditions of the Supervision and Operational Agreement. The expenses shall be paid pursuant to the Supervision and Operation Agreement dated May 10, 2011.
Please indicate your acceptance to provide supervisory and operational services to the New Funds by executing this letter agreement and returning it to the undersigned.
Sincerely, | ||
XXXXXXX EXCHANGE TRADED FUNDS TRUST | ||
By: | /s/ Xxxxx X. Xxxxxxxx | |
Xxxxx X. Xxxxxxxx | ||
President and Chief Executive Officer | ||
Accepted this 29 day of February 2012. | ||
XXXXXXX INVESTMENT MANAGEMENT COMPANY | ||
By: | /s/ Xxxxx Xxxxxxx | |
Xxxxx Xxxxxxx | ||
President and Chief Executive Officer |
APPENDIX A
Xxxxxxx High Dividend Yield ETF
Xxxxxxx Xxxxx Cap High Dividend Yield ETF
Xxxxxxx International High Dividend Yield ETF