0001104659-11-053988 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • September 29th, 2011 • Pace Select Advisors Trust • New York

Agreement dated as of July 1, 2011 between UBS Global Asset Management (Americas) Inc. (“UBS Global AM”), a Delaware corporation, and CBRE Clarion Securities, LLC (“Sub- Adviser”), a Delaware limited liability company (the “Agreement”).

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • September 29th, 2011 • Pace Select Advisors Trust • New York

Agreement made as of July 20, 2011 between UBS GLOBAL ASSET MANAGEMENT (AMERICAS) INC. (“UBS Global Americas”), a Delaware corporation, and MONDRIAN INVESTMENT PARTNERS LIMITED (“Sub-Adviser”), a limited company organized under the laws of the United Kingdom (the “Agreement”).

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