MANAGER DIRECTED PORTFOLIOS AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT with HOOD RIVER CAPITAL MANAGEMENT LLCExpense Limitation Agreement • October 26th, 2023 • Manager Directed Portfolios • Delaware
This Amended and Restated Expense Limitation Agreement (the “Agreement”) is made as of October 17, 2023 by and between Manager Directed Portfolios (the “Trust”), a Delaware statutory trust, on behalf of each of the series of the Trust listed in Exhibit A hereto, as may be amended from time to time (the “Fund”), and the investment adviser to the Fund, Hood River Capital Management LLC (the “Adviser”), a Delaware limited liability company.
AMENDED SCHEDULE B to the INVESTMENT ADVISORY AGREEMENT Dated May 20, 2020 between MANAGER DIRECTED PORTFOLIOS and HOOD RIVER CAPITAL MANAGEMENT LLC Investment Advisory Fee ScheduleInvestment Advisory Agreement • October 26th, 2023 • Manager Directed Portfolios
Hood River Portfolio Annual Fee as a Percentage of Average Daily Net Assets (“Assets”) Hood River Small-Cap Growth Fund 0.90% Hood River International Opportunity Fund 1.05%
