0001104659-11-069958 Sample Contracts

FORM OF INVESTMENT SUB-ADVISORY AGREEMENT SEI TAX EXEMPT TRUST
Investment Sub-Advisory Agreement • December 16th, 2011 • Sei Tax Exempt Trust • Massachusetts

AGREEMENT made this day of June, 2008 between SEI Investments Management Corporation (the “Adviser”) and Wells Capital Management, Inc. (the “Sub-Adviser”).

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Schedule C to the Investment Advisory Agreement between SEI Tax Exempt Trust and SEI Investments Management Corporation
Investment Advisory Agreement • December 16th, 2011 • Sei Tax Exempt Trust

This Schedule C forms a supplement to the Investment Advisory Agreement (the “Agreement”) dated April 16, 1996 between SEI Tax Exempt Trust (the “Trust”) and SEI Investments Management Corporation, f/k/a SEI Financial Management Corporation (the “Adviser”).

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