0000897101-15-000255 Sample Contracts

Clearwater Investment Trust SUBADVISORY AGREEMENT
Subadvisory Agreement • February 27th, 2015 • Clearwater Investment Trust • Minnesota

This Subadvisory Agreement, made as of the 4th day of February, 2015 (the “Agreement”), by and among Clearwater Investment Trust (“Trust”), a Massachusetts business trust, Clearwater Management Co., Inc. (the “Manager”), a Minnesota corporation, and O’Shaughnessy Asset Management, LLC, a Delaware Limited Liability Company (the “Subadvisor”).

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Clearwater Investment Trust SUBADVISORY AGREEMENT
Subadvisory Agreement • February 27th, 2015 • Clearwater Investment Trust • Minnesota

This Subadvisory Agreement, made as of the 3rd day of February, 2015 (the “Agreement”), by and among Clearwater Investment Trust (“Trust”), a Massachusetts business trust, Clearwater Management Co., Inc. (the “Manager”), a Minnesota corporation, and AQR Capital Management, LLC, a Delaware limited liability company (the “Subadvisor”).

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