July 1, 2019 Natixis Funds Trust I Natixis Oakmark International Fund
Exhibit (d)(2)(ix)
July 1, 2019
Natixis Oakmark International Fund
000 Xxxxxxxx Xxxxxx, Xxxxx 000
Xxxxxx, XX 00000-0000
Re: | Natixis Oakmark International Fund Sub-Advisory Agreement Addendum |
Dear Ladies and Gentleman:
The Advisory Agreement dated December 13, 2010 between Natixis Funds Trust I (the “Trust”), with respect to its Natixis Oakmark International Fund (the “Series”), and Natixis Advisors, L.P. (the “Adviser”) and Xxxxxx Associates L.P., (the “Sub-Adviser”), is hereby revised, effective July 1, 2019, to delete Section 7 and to replace it with the following:
7. Compensation of the Sub-Adviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Sub-Adviser hereunder, the Sub-Adviser shall be paid at the annual rate of 0.60% on the first $150 million of the average daily net assets of the Series, 0.50% on the next $850 million of the average daily net assets of the Series and 0.45% thereafter (or such lesser amount as the Sub-Adviser may from time to time agree to receive). Such compensation shall be paid by the Trust (except to the extent that the Trust, the Sub-Adviser and the Manager otherwise agree in writing from time to time). Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Series pursuant to the Advisory Agreement.
To indicate your approval and acceptance of the terms of this letter, please sign below where indicated.
on behalf of its Natixis Oakmark International Fund series | ||
By: | /s/ Xxxxx X. Xxxxxx | |
Name: | Xxxxx X. Xxxxxx | |
Title: | President and Chief Executive Officer |
Xxxxxx Associates L.P. | ||
By Xxxxxx Associates Inc., its general partner | ||
By: | /s/ Xxxxxx X. Xxxxxxx | |
Name: | Xxxxxx X. Xxxxxxx | |
Title: | President | |
Natixis Advisors, L.P. | ||
By: Natixis Distribution Corporation, its general partner | ||
By: | /s/ Xxxxxxx Xxxx | |
Name: | Xxxxxxx Xxxx | |
Title: | Executive Vice President, General Counsel, Secretary & Clerk |
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