0000722885-15-000013 Sample Contracts

PEAR TREE ADVISORS, INC. SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • May 29th, 2015 • Pear Tree Funds • Massachusetts

This Sub-Advisory Agreement (this “Agreement”) is dated October 30, 2014 by and between PEAR TREE ADVISORS, INC., a Delaware corporation (the “Manager”), and POLARIS CAPITAL MANAGEMENT, LLC, a Delaware corporation (the “Subadviser”).

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