BROWN ADVISORY FUNDS FORM OF INVESTMENT SUB-ADVISORY AGREEMENT for the BROWN ADVISORY EMERGING MARKETS SMALL-CAP FUNDInvestment Sub-Advisory Agreement • October 31st, 2014 • Brown Advisory Funds • Delaware
Contract Type FiledOctober 31st, 2014 Company JurisdictionThis Investment Sub-Advisory Agreement is made as of __, 2014, by and between Brown Advisory LLC (the “Adviser”) and Macquarie Funds Management Hong Kong Ltd. (the “Sub-Adviser”).