MANAGER DIRECTED PORTFOLIOS INVESTMENT ADVISORY AGREEMENT with VERT ASSET MANAGEMENT LLCInvestment Advisory Agreement • November 9th, 2023 • Manager Directed Portfolios • Delaware
THIS INVESTMENT ADVISORY AGREEMENT (the “Agreement”) is made as of the 17th day of August, 2023, by and between Manager Directed Portfolios, a Delaware statutory trust (hereinafter called the “Trust”), on behalf of the series of the Trust as indicated on Schedule A attached hereto, as may be amended from time to time (the “Fund”), and Vert Asset Management LLC (hereinafter called the “Adviser”), a California limited liability company.
ETF DISTRIBUTION AGREEMENTEtf Distribution Agreement • November 9th, 2023 • Manager Directed Portfolios • Delaware
This distribution agreement (the “Agreement”) is effective this 11th day of September, 2023, and made by Manager Directed Portfolios, a Delaware statutory trust (the “Trust”) having its principal place of business at615 East Michigan Street, Milwaukee, Wisconsin 53202, and Quasar Distributors, LLC, a Delaware limited liability company (the “Distributor”) having its principal place of business at 111 E. Kilbourn Avenue, Suite 2200, Milwaukee, WI 53202.
FORM OF AUTHORIZED PARTICIPANT AGREEMENT Manager Directed PortfoliosAuthorized Participant Agreement • November 9th, 2023 • Manager Directed Portfolios • New York
This Authorized Participant Agreement (the “Agreement”) is entered into by and between Quasar Distributors, LLC (the “Distributor”) and __________ (the “Participant”) and is subject to acceptance by [ ] (the “[Transfer Agent/Index Receipt Agent]”), and is further subject to acknowledgement and agreement by Manager Directed Portfolios (the “Trust”), a series trust offering a number of portfolios of securities (each a “Fund” and collectively the “Funds”), solely with respect to Sections 4(c) and 12(c) herein. Capitalized terms used but not defined herein are defined in the current prospectus for each Fund as it may be supplemented or amended from time to time and included in the Trust’s Registration Statement on Form N-1A, as it may be amended from time to time, or otherwise filed with the U.S. Securities and Exchange Commission (“SEC”) (together with such Fund’s Statement of Additional Information incorporated therein, the “Prospectus”).
Certain identified information has been excluded from the exhibit because it is both not material and the type that the Registrant treats as private or confidential. AMENDMENT TO THE MANAGER DIRECTED PORTFOLIOS FUND ADMINISTRATION SERVICING AGREEMENTFund Administration Servicing Agreement • November 9th, 2023 • Manager Directed Portfolios
THIS AMENDMENT, signed as of the last date in the signature block and effective as of November 3, 2023 (the “Effective Date”), to the Fund Administration Servicing Agreement dated as of July 1, 2016, as amended (the “Agreement”), is entered into by and between MANAGER DIRECTED PORTFOLIOS, a Delaware statutory trust (the “Trust”), and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
Certain identified information has been excluded from the exhibit because it is both not material and the type that the Registrant treats as private or confidential. AMENDMENT TO THE MANAGER DIRECTED PORTFOLIOS CUSTODY AGREEMENTCustody Agreement • November 9th, 2023 • Manager Directed Portfolios
THIS AMENDMENT, signed as of the last date in the signature block and effective as of November 3, 2023 (the “Effective Date”), to the Custody Agreement, dated as of July 1, 2016, as amended (the “Agreement”), is entered into by and between MANAGER DIRECTED PORTFOLIOS, a Delaware statutory trust (the “Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association (the “Custodian”).
MANAGER DIRECTED PORTFOLIOS OPERATING EXPENSE LIMITATION AGREEMENT with VERT ASSET MANAGEMENT LLCOperating Expense Limitation Agreement • November 9th, 2023 • Manager Directed Portfolios • Delaware
THIS OPERATING EXPENSE LIMITATION AGREEMENT (the “Agreement”) is made as of the 17th day of August, 2023, by and between Manager Directed Portfolios (the “Trust”), a Delaware statutory trust, on behalf of the series of the Trust listed in Schedule A hereto, as may be amended from time to time (the “Fund”), and the investment adviser to the Fund, Vert Asset Management LLC (the “Adviser”), a California limited liability company.
INVESTMENT SUBADVISORY AGREEMENTInvestment Subadvisory Agreement • November 9th, 2023 • Manager Directed Portfolios • Delaware
This Investment Subadvisory Agreement (the “Agreement”) is effective as of August 17, 2023 by and between Vert Asset Management LLC, a California limited liability company (“Manager”), and Dimensional Fund Advisors LP, a Delaware limited partnership (“Subadviser”).
Certain identified information has been excluded from the exhibit because it is both not material and the type that the Registrant treats as private or confidential. AMENDMENT TO THE MANAGER DIRECTED PORTFOLIOS TRANSFER AGENT SERVICING AGREEMENTTransfer Agent Servicing Agreement • November 9th, 2023 • Manager Directed Portfolios
THIS AMENDMENT, signed as of the last date in the signature block and effective as of November 3, 2023 (the “Effective Date”), to the Transfer Agent Servicing Agreement dated as of July 1, 2016, as amended (the “Agreement”), is entered into by and between MANAGER DIRECTED PORTFOLIOS, a Delaware statutory trust (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
Certain identified information has been excluded from the exhibit because it is both not material and the type that the Registrant treats as private or confidential. AMENDMENT TO THE MANAGER DIRECTED PORTFOLIOS FUND ACCOUNTING SERVICING AGREEMENTFund Accounting Servicing Agreement • November 9th, 2023 • Manager Directed Portfolios
THIS AMENDMENT, signed as of the last date in the signature block and effective as of November 3, 2023 (the “Effective Date”), to the Fund Accounting Servicing Agreement dated as of July 1, 2016, as amended (the “Agreement”), is entered into by and between MANAGER DIRECTED PORTFOLIOS, a Delaware statutory trust (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
