0000950123-09-029012 Sample Contracts

AMERICAN BEACON FUNDS AMERICAN BEACON MILEAGE FUNDS AMERICAN BEACON SELECT FUNDS AMERICAN BEACON MASTER TRUST AMENDMENT TO ADMINISTRATION AGREEMENT

Administration Agreement • August 3rd, 2009 • American Beacon Funds

• Contract Type
  Administration Agreement
• Filed
  August 3rd, 2009
• Company
  American Beacon Funds

The attached amended Schedule A is hereby incorporated into the Administration Agreement (“Agreement”) dated September 12, 2008, as amended, by and among the American Beacon Funds, the American Beacon Mileage Funds, the American Beacon Select Funds and the American Beacon Master Trust, each a Massachusetts business trust (each a “Trust”), and American Beacon Advisors, Inc., a Delaware corporation (“ABA”).

FORM OF AMENDMENT TO AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT

Investment Advisory Agreement • August 3rd, 2009 • American Beacon Funds

• Contract Type
  Investment Advisory Agreement
• Filed
  August 3rd, 2009
• Company
  American Beacon Funds

This Amendment to the Investment Advisory Agreement (“Amendment”) by and between American Beacon Advisors, Inc., a Delaware corporation (the “Manager”), and Morgan Stanley Investment Management Inc. (the “Adviser”), is effective as of January 1, 2009;