0000950123-11-013593 Sample Contracts

AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT

Investment Advisory Agreement • February 14th, 2011 • American Beacon Funds • Texas

• Contract Type
  Investment Advisory Agreement
• Filed
  February 14th, 2011
• Company
  American Beacon Funds
• Jurisdiction
  Texas

AGREEMENT made this 20th day of December, 2010 by and between American Beacon Advisors, Inc., a Delaware Corporation (the “Manager”), and Strategic Income Management, LLC (the “Adviser”);

CUSTODIAN AGREEMENT AMENDED SCHEDULE D DATED: FEBRUARY 14, 2011 Fund Listing

Custodian Agreement • February 14th, 2011 • American Beacon Funds

• Contract Type
  Custodian Agreement
• Filed
  February 14th, 2011
• Company
  American Beacon Funds

American Beacon Balanced Fund American Beacon Large Cap Value Fund American Beacon Intermediate Bond Fund American Beacon Short-Term Bond Fund American Beacon Master Trust Money Market Portfolio American Beacon U.S. Government Select Fund American Beacon Small Cap Value Fund American Beacon Large Cap Growth Fund American Beacon High Yield Bond Fund American Beacon Retirement Income and Appreciation Fund American Beacon Treasury Inflation Protected Securities Fund American Beacon Mid-Cap Value Fund