AMENDMENT NO. 1 TO INVESTMENT SUB-ADVISORY AGREEMENT between EATON VANCE MANAGEMENT and PARAMETRIC PORTFOLIO ASSOCIATES LLC for PARAMETRIC TABS INTERMEDIATE-TERM MUNICIPAL BOND FUND
EXHIBIT (d)(9)(b)
AMENDMENT NO. 1 TO
INVESTMENT SUB-ADVISORY AGREEMENT
between
XXXXX XXXXX MANAGEMENT
and
PARAMETRIC PORTFOLIO ASSOCIATES LLC
for
PARAMETRIC TABS INTERMEDIATE-TERM MUNICIPAL BOND FUND
This AMENDMENT NO. 1 to the Investment Sub-Advisory Agreement (“Amendment”) made as of July 1, 2022, between Xxxxx Xxxxx Management, a Massachusetts business trust (the “Adviser”), and Parametric Portfolio Associates LLC, a Delaware limited liability company (the “Sub-Adviser”), with respect to Xxxxx Xxxxx Municipals Trust II, a Massachusetts Business Trust (the “Trust), on behalf of Parametric TABS Intermediate-Term Municipal Bond Fund.
WHEREAS, the Adviser has entered into an Investment Sub-Advisory Agreement dated March 1, 2021 (the “Sub-Advisory Agreement”) with the Sub-Adviser, which Sub-Advisory Agreement provides that the Sub-Adviser shall be entitled to receive compensation at a certain rate; and
WHEREAS, the Adviser has agreed with the Sub-Adviser and the Board of Trustees of the Trust to reduce such sub-advisory fee rate, and the Trust has accepted such fee reduction on behalf of the Fund, such fee reduction being effective as of July 1, 2022; and
WHEREAS, the Adviser and the Sub-Adviser wish to memorialize said fee reduction in writing;
NOW THEREFORE, in consideration of the mutual covenants and agreements contained herein and for other good and valuable consideration, receipt of which is hereby acknowledged, the Adviser and the Sub-Adviser hereby jointly and severally agree as follows:
1.Appendix A of the Sub-Advisory Agreement is replace in its entirety with the Appendix A attached hereto.
2.Except as specifically set forth herein, all of the other terms of the Sub-Advisory Agreement shall remain in full force and effective.
3.This Amendment may be executed by the parties hereto in any number of counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. This Amendment may be executed in written form or using electronic or digital technology, whether it is a computer-generated signature, an electronic copy of the party’s true ink signature, DocuSign, facsimile or otherwise. Delivery of an executed counterpart of the Amendment by facsimile, e-mail transmission via portable document format (.pdf), DocuSign, or other electronic means will be equally as effective and binding as delivery of a manually executed counterpart.
[Signature page follows.]
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the day and year first above written.
XXXXX XXXXX MANAGEMENT
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By: | /s/ Xxxxxx X. Xxxxx |
| Xxxxxx X. Xxxxx |
| Vice President and not individually |
PARAMETRIC PORTFOLIO ASSOCIATES LLC
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By: | /s/ Xxxxxx Xxx |
Name: | Xxxxxx Xxx |
Title: | CIO |
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Xxxxxxxxxxxx and agreed to as of the day
and year first above written:
XXXXX XXXXX MUNICIPALS TRUST II
(on behalf of PARAMETRIC TABS
INTERMEDIATE-TERM MUNICIPAL BOND FUND)
By: | /s/ Xxxx X. Xxxxx |
Name: | Xxxx X. Xxxxx |
Title: | Secretary and not individually |
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