Exhibit (d)(15)
_______ __, 200_
Aston Asset Management LLC
000 Xxxxx XxXxxxx Xxxxxx, 00xx Xxxxx
Xxxxxxx, XX 00000
Re: Sub-Investment Advisory Agreement with Optimum Investment Advisors, LLC
dated November 30, 2006 (the "Sub-Investment Advisory Agreement")
Ladies and Gentlemen:
Pursuant to the Sub-Investment Advisory Agreement, we are hereby providing
notification of an amendment to the Subadvisory Fee Rate for the Aston/Optimum
Mid Cap Fund as provided on Schedule B of the Sub-Investment Advisory Agreement.
Attached hereto is an amended Schedule B to the Sub-Investment Advisory
Agreement to reflect, among other things, the amended Subadvisory Fee Rate for
the Aston/Optimum Mid Cap Fund.
By acknowledging below, you agree to render the investment advisory and
management services to Aston/Optimum Mid Cap Fund under the terms of the
Sub-Investment Advisory Agreement and the amended Schedule B attached hereto.
ASTON ASSET MANAGEMENT LLC
By: _______________________
Name: Xxxxxxx X. Xxxxxxxx
Its: President
Accepted this ___ day
of ________, ____.
OPTIMUM INVESTMENT ADVISORS, LLC
By: ____________________________________
Name: X. Xxxxx Xxxxxx, Xx.
Its: Vice Chairman
Chief Investment Officer
Exhibit (d)(15)
SCHEDULE B
FUND SUBADVISORY FEE RATE
------------------------------------------- --------------------------------------------------------------
Aston/Optimum Mid Cap Fund................. 0.30% for the first $100 million
0.25% for the next $300 million
0.20% for the next $600 million
0.30% over $1 billion
Aston/Optimum Large Cap Opportunity Fund... 50% of the positive difference, if any, of (x) the advisory
fee payable to the Investment Adviser with respect to the
Allocated Assets of the Fund (before reduction of the fee
payable to Subadviser) minus (y) the sum of: (i) any
investment advisory fees waived by the Investment Adviser
pursuant to an Expense Limitation Agreement with the Fund,
(ii) any reimbursement of expenses by the Investment Adviser
pursuant to an Expense Limitation Agreement with the Fund, and
(iii) any payments made by the Investment Adviser to third
parties that provide distribution, shareholder services or
similar services on behalf of the Fund. If the foregoing
calculation results in a negative amount, such amount shall be
payable by the Subadviser within 30 days of receipt of notice
from the Investment Adviser, which notice shall include the
basis for the calculation.
