INVESTMENT SUBADVISORY CONTRACT FOR THE CLEARWATER INTERNATIONAL FUND, A SERIES OF CLEARWATER INVESTMENT TRUSTInvestment Subadvisory Contract • April 30th, 2014 • Clearwater Investment Trust • Minnesota
Contract Type FiledApril 30th, 2014 Company JurisdictionAGREEMENT made as of March 12, 2014, by and among CLEARWATER INVESTMENT TRUST, a Massachusetts business trust (the “Trust”), CLEARWATER MANAGEMENT CO., INC., a Minnesota corporation (the “Manager”), and ARTISAN PARTNERS LIMITED PARTNERSHIP, (the “Subadviser”).