SCHEDULE A to the INVESTMENT SUB-ADVISORY AGREEMENT Dated May 23, 2012 between EXCHANGE TRADED CONCEPTS, LLC and INDEX MANAGEMENT SOLUTIONS, LLC and ETF SERIES SOLUTIONS
SCHEDULE A
to the
INVESTMENT SUB-ADVISORY AGREEMENT
Dated May 23, 2012 between
EXCHANGE TRADED CONCEPTS, LLC
and
INDEX MANAGEMENT SOLUTIONS, LLC
and
The Adviser will pay to the Sub-Adviser as compensation for the Sub-Adviser’s services rendered, a fee, computed daily at an annual rate based on the greater of (1) the minimum fee or (2) the average daily net assets of the respective Fund in accordance with the following fee schedule:
|
Fund
|
Minimum Fee
|
Rate
|
|
AlphaClone Alternative Alpha ETF
|
$10,000
|
0.055%
|
|
Vident Core U.S. Equity Fund
|
$10,000
|
0.0275%
|
IN WITNESS WHEREOF, the parties hereto have caused this Schedule A to be executed as of November 25, 2013.
| EXCHANGE TRADED CONCEPTS, LLC |
|
By: /s/ J. Xxxxxxx Xxxxxxx
Name: J. Xxxxxxx Xxxxxxx
Title: Chief Executive Officer
|
| INDEX MANAGEMENT SOLUTIONS, LLC |
|
By: /s/ Xxxxxxx X. Xxxxxxx
Name: Xxxxxxx X. Xxxxxxx
Title: Chief Executive Officer
|
| ETF SERIES SOLUTIONS |
|
By: /s/ Xxxxxxx X. Xxxxxxx
Name: Xxxxxxx X. Xxxxxxx
Title: President
|
