0000930413-16-007487 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • June 24th, 2016 • Mercer Funds • New York

AGREEMENT made as of the 27th day of June, 2016 by and between Mercer Investment Management, Inc., a Delaware corporation (the “Advisor”), and AJO, LP a Delaware limited partnership (the “Sub-Advisor”).

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AMENDMENT #1 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • June 24th, 2016 • Mercer Funds

THIS AMENDMENT #1 (“Amendment”) to the Sub-Advisory Agreement (“Agreement”) dated October 21, 2011, by and between Mercer Investment Management, Inc., a Delaware Corporation (the “Advisor”) and Brandywine Global Investment Management, LLC, a Delaware limited liability company (the “Sub-Advisor”), is made effective as of the 27th day of June, 2016.

AMENDMENT #1 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • June 24th, 2016 • Mercer Funds

THIS AMENDMENT #1 (“Amendment”) to the Sub-Advisory Agreement (“Agreement”) dated October 1, 2014, by and between Mercer Investment Management, Inc., a Delaware Corporation (the “Advisor”) and NWQ Investment Management Company, LLC, a Delaware limited liability company (the “Sub-Advisor”), is made effective as of the 27th day of June, 2016.

AMENDMENT No. 1 TO INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • June 24th, 2016 • Mercer Funds

THIS AMENDMENT No. 1 (“Amendment”) to the Investment Management Agreement (“Agreement”) dated July 1, 2014 by and between Mercer Investment Management, Inc., a Delaware Corporation (the “Advisor”) and Mercer Funds (the “Trust”) is made effective as of the 27th day of June, 2016.

FIRST AMENDMENT TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • June 24th, 2016 • Mercer Funds

THIS FIRST AMENDMENT (“Amendment”) to the Sub-Advisory Agreement dated April 2, 2014 (the “Sub-Advisory Agreement”), by and between Mercer Investment Management, Inc. (the “Advisor”) and Columbia Management Investment Advisers, LLC (the “Sub-Advisor”), is made effective this 27th day of June, 2016.

AMENDMENT #1 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • June 24th, 2016 • Mercer Funds

THIS AMENDMENT #1 (“Amendment”) to the Sub-Advisory Agreement (“Agreement”) dated July 2, 2015 by and between Mercer Investment Management, Inc., a Delaware Corporation (the “Advisor”) and LSV Asset Management, a Delaware general partnership (the “Sub-Advisor”), is made effective as of the 27th day of June, 2016.

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