0001133228-14-001856 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
American Beacon Funds • May 28th, 2014 • American Beacon Funds • Texas

AGREEMENT dated September 12, 2008, as amended on the July 1, 2012, and amended and restated this 28th day of March, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and The Boston Company Asset Management, LLC (the "Adviser");

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AMENDED AND RESTATED AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 28th, 2014 • American Beacon Funds • Texas

AGREEMENT dated September 12, 2008 and amended and restated this 1st day of May, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Brandywine Global Investment Management LLC, a wholly owned subsidiary of Legg Mason, Inc. (the "Adviser");

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 28th, 2014 • American Beacon Funds • Texas

AGREEMENT dated June 24, 2011, as amended on July 1, 2012, and amended and restated this 1st day of May, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Brandywine Global Investment Management LLC, a wholly owned subsidiary of Legg Mason, Inc. (the "Adviser");

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