0000898432-14-001388 Sample Contracts

AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 19th, 2014 • American Beacon Funds • Texas

AGREEMENT made this 19th day of August, 2014. by and among American Beacon Funds, a Massachusetts Business Trust (“Trust”), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Hillcrest Asset Management, LLC, a Delaware limited liability company (the "Adviser");

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AMENDED AND RESTATED AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 19th, 2014 • American Beacon Funds • Texas

AGREEMENT dated December 20, 2010, as amended on July 1, 2012, and amended and restated this 24th day of March, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Strategic Income Management, LLC (the "Adviser");

AMENDED AND RESTATED AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 19th, 2014 • American Beacon Funds • Texas

AGREEMENT dated June 24, 2011, as amended on July 1, 2012, and amended and restated this 9th day of April, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Pacific Investment Management Company LLC (the "Adviser");

AMENDED AND RESTATED AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 19th, 2014 • American Beacon Funds • Texas

AGREEMENT dated September 12, 2008, as amended on January 1, 2009, and amended and restated this 10th day of April, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the “Trust”), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Morgan Stanley Investment Management Inc. (the "Adviser");

SECOND AMENDED AND RESTATED AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 19th, 2014 • American Beacon Funds • Delaware

AGREEMENT dated December 3, 2009, as amended and restated on January 20, 2011, and amended and restated this 1st day of October 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Standish Mellon Asset Management Company LLC (the "Adviser");

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