NINTH AMENDMENT TO ADMINISTRATIVE SERVICES AGREEMENT
Exhibit (h)(2)(x)
NINTH AMENDMENT TO
ADMINISTRATIVE SERVICES AGREEMENT
This Amendment made as of October 31, 2008, by and between Natixis Asset Management Advisors, L.P. (“Natixis Advisors”), Natixis Funds Trust I, Natixis Funds Trust II , Natixis Funds Trust III, Natixis Funds Trust IV, Natixis Cash Management Trust, ▇▇▇▇▇▇ ▇▇▇▇▇▇ Funds I, ▇▇▇▇▇▇ ▇▇▇▇▇▇ Funds II, Gateway Trust and ▇▇▇▇▇▇▇▇▇▇ International Series (collectively, the “Trusts”).
WHEREAS, Natixis Advisors and the Trusts are parties to an Administrative Services Agreement dated January 3, 2005, as amended November 1, 2005, January 1, 2006, July 1, 2007, September 17, 2007, February 1, 2008, February 19, 2008, July 1, 2008 and September 29, 2008 (together with the amendments, the “Agreement”), governing the terms and conditions under which Natixis Advisors provides certain administrative services to the series of the Trusts; and
WHEREAS, Natixis Advisors and the Trusts desire to amend Schedule A of the Agreement to reflect changes in Trust Portfolios;
NOW THEREFORE, in consideration of the premises and covenants contained herein, Natixis Advisors and the Trusts hereby agree as follows:
| 1. | Schedule A of the Agreement is deleted in its entirety and replaced with Schedule A attached hereto. |
| 2. | Except as specifically superseded or modified herein, the terms and provisions of the Agreement shall continue to apply with full force and effect. |
| 3. | This Amendment may be executed in one or more counter parts, each of which shall be deemed an original but all of which together will constitute one and the same instrument. |
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
IN WITNESS WHEREOF, each of the parties has caused this instrument to be executed as a sealed instrument in its name and behalf by its duly authorized representative as of the date first above written.
NATIXIS ASSET MANAGEMENT ADVISORS, L.P.
By Natixis Distribution Corporation, its general partner
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇▇ ▇. ▇▇▇▇▇▇, President and Chief Executive Officer
NATIXIS FUNDS TRUST I
NATIXIS FUNDS TRUST II
NATIXIS FUNDS TRUST III
NATIXIS FUNDS TRUST IV
NATIXIS CASH MANAGEMENT TRUST
▇▇▇▇▇▇ ▇▇▇▇▇▇ FUNDS I
▇▇▇▇▇▇ ▇▇▇▇▇▇ FUNDS II
▇▇▇▇▇▇▇▇▇▇ INTERNATIONAL SERIES
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, Treasurer
Schedule A
Trust Portfolios
As of: October 31, 2008
| Natixis Funds Trust I |
| CGM Advisor Targeted Equity Fund |
| ▇▇▇▇▇▇▇▇▇▇ International Fund |
| Natixis Income Diversified Portfolio |
| Natixis U.S. Diversified Portfolio |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Core Plus Bond Fund |
| ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Small Cap Value Fund |
| Natixis Funds Trust II |
| ASG Global Alternatives Fund |
| Delafield Select Fund |
| ▇▇▇▇▇▇ Associates Large Cap Value Fund |
| ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Value Opportunity Fund |
| Natixis Funds Trust III |
| ▇▇▇▇▇▇ Associates Focused Value Fund |
| Natixis Moderate Diversified Portfolio |
| Natixis Funds Trust IV |
| AEW Real Estate Fund |
| Natixis Cash Management Trust |
| Natixis Cash Management Trust – Money Market Series |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Funds I |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Bond Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Fixed Income Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Global Bond Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ High Income Opportunities Fund* |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Inflation Protected Securities Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Institutional High Income Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Intermediate Duration Fixed Income Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Investment Grade Fixed Income Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Securitized Asset Fund* |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Small Cap Value Fund |
*With respect to these Funds only, paragraph 3 of the Agreement is revised to provide that Natixis Advisors shall be entitled to reasonable compensation for its services and expenses as Administrator, but ▇▇▇▇▇▇, ▇▇▇▇▇▇ & Company, L.P. (“▇▇▇▇▇▇ ▇▇▇▇▇▇”), the adviser to the Funds, and not ▇▇▇▇▇▇ ▇▇▇▇▇▇ Funds I, shall be responsible for payment of such compensation and expenses relating to the Funds, as agreed upon by ▇▇▇▇▇▇ ▇▇▇▇▇▇ in separate Letter Agreements dated January 3, 2005 and July 1, 2005, respectively.
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Funds II |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Mid Cap Growth Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Growth Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ High Income Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Investment Grade Bond Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ International Bond Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Limited Term Government and Agency Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Research Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Small Cap Growth Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Strategic Income Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Value Fund |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇ Global Markets Fund |
| ▇▇▇▇▇▇▇▇▇▇ International Series |
| ▇▇▇▇▇▇▇▇▇▇ Emerging Markets Fund |
| ▇▇▇▇▇▇▇▇▇▇ International Value Fund |
| ▇▇▇▇▇▇▇▇▇▇ International Growth Fund |
| ▇▇▇▇▇▇▇▇▇▇ International Core Fund |
| ▇▇▇▇▇▇▇▇▇▇ All Countries Fund (not operational) |
| Gateway Fund |