SUB-ADMINISTRATION AGREEMENTSub-Administration Agreement • April 30th, 2007 • Paypal Funds • California
Contract Type FiledApril 30th, 2007 Company JurisdictionTHIS AGREEMENT is made as of the 27 day of April 2006, between PAYPAL ASSET MANAGEMENT, INC., a Delaware corporation (“Administrator”), and Barclays Global Investors, N.A. (“BGI”), a national banking association.