PEAR TREE ADVISORS, INC. SUB-ADVISORY AGREEMENTSub-Advisory Agreement • June 5th, 2013 • Pear Tree Funds • Massachusetts
Contract Type FiledJune 5th, 2013 Company JurisdictionThis Sub-Advisory Agreement (this “Agreement”) is dated June 4, 2013 by and between PEAR TREE ADVISORS, INC., a Delaware corporation (the “Manager”), and PANAGORA ASSET MANAGEMENT, INC., a Delaware corporation (the “Subadviser”).