0000728889-16-002022 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • January 26th, 2016 • Oppenheimer International Bond Fund • Colorado

THIS AGREEMENT dated as of 31st day of July, 2015, by and between OFI Global Asset Management, Inc. ("OFI Global"), a United States registered investment advisor, and OppenheimerFunds, Inc. ("Oppenheimer"), a United States registered investment advisor and a registered commodity trading advisor (the "Sub-Advisor") with respect to Oppenheimer International Bond Fund (Cayman) Ltd. ("the Fund"), an exempted company organized under the laws of the Cayman Islands.

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • January 26th, 2016 • Oppenheimer International Bond Fund • Colorado

AGREEMENT made the 31st day of July, 2015, by and between OPPENHEIMER INTERNATIONAL BOND FUND (CAYMAN) LTD. (hereinafter referred to as the "Fund"), and OFI GLOBAL ASSET MANAGEMENT, INC. (hereinafter referred to as "OFI Global" or the “Investment Adviser”).

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