0001133228-14-002808 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 20th, 2014 • American Beacon Funds • Texas

AGREEMENT made this 2nd day of July, 2014. by and among American Beacon Funds, a Massachusetts Business Trust (“Trust”), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and AHL Partners LLP, a England and Wales limited liability partnership (the "Adviser");

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 20th, 2014 • American Beacon Funds • Texas

AGREEMENT dated the 12th day of September, 2008 and amended and restated this 7th day of July, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Templeton Investment Counsel, LLC (the "Adviser");

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 20th, 2014 • American Beacon Funds • Texas

AGREEMENT dated December 17, 2010, as amended on July 1, 2012, and amended and restated this 16th day of June, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Fox Asset Management LLC (the "Adviser");

AMENDED AND RESTATED AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 20th, 2014 • American Beacon Funds • Texas

AGREEMENT dated the 12th day of September, 2008 and amended and restated this 16th day of June, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Lazard Asset Management LLC (the "Adviser");

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 20th, 2014 • American Beacon Funds • Texas

AGREEMENT dated November 17, 2011, as amended on July 1, 2012 and May 1, 2013, and amended and restated this 5th day of June, 2014 by and among American Beacon Funds, a Massachusetts Business Trust (the "Trust"), American Beacon Advisors, Inc., a Delaware corporation (the "Manager"), and Bridgeway Capital Management, Inc., a Texas corporation (the "Adviser");

AMERICAN BEACON CAYMAN MANAGED FUTURES STRATEGY FUND, LTD. MANAGEMENT AGREEMENT
Management Agreement • August 20th, 2014 • American Beacon Funds • Texas

This Agreement is made as of July 9, 2014, by and between the American Beacon Cayman Managed Futures Strategy Fund, Ltd. (the “Company”), an exempted company organized under the laws of the Cayman Islands, and American Beacon Advisors, Inc., a Delaware corporation (“Manager”).

AMERICAN BEACON CAYMAN MANAGED FUTURES STRATEGY FUND, LTD. ADMINISTRATION AGREEMENT
Administration Agreement • August 20th, 2014 • American Beacon Funds • Texas

This Agreement is made as of July 1, 2014, by and among the American Beacon Cayman Managed Futures Strategy Fund, Ltd., an exempted company organized under the laws of the Cayman Islands (the “Company”), and American Beacon Advisors, Inc., a Delaware corporation (“AmBeacon”).

AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS AMENDED AND RESTATED MANAGEMENT AGREEMENT
Management Agreement • August 20th, 2014 • American Beacon Funds • Texas

This Amended and Restated Agreement (“Agreement”) is made as of July 9, 2014, by and among the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust (each, a “Trust”), on behalf of each Fund of a Trust listed on Schedule A hereto, as may be amended from time to time (each, a “Fund”), and American Beacon Advisors, Inc., a Delaware corporation (“Manager”).

ELEVENTH AMENDMENT TO DISTRIBUTION AGREEMENT
Distribution Agreement • August 20th, 2014 • American Beacon Funds

This Amendment (the “Amendment”) to the Distribution Agreement (the “Agreement”) dated as of the 31st day of March 2009, as amended, by and between American Beacon Funds and American Beacon Select Funds, each a Massachusetts business trust that acts as an open-end investment company (each a “Client” and, collectively, the “Clients”) and Foreside Fund, Services, LLC, a Delaware limited liability company (“Foreside”) is entered into as of July 14, 2014 (the “Effective Date”).

AMERICAN BEACON CAYMAN MANAGED FUTURES STRATEGY FUND, LTD. MANAGEMENT AGREEMENT
Management Agreement • August 20th, 2014 • American Beacon Funds • Texas

This Agreement is made as of July 9, 2014, by and between the American Beacon Cayman Managed Futures Strategy Fund, Ltd. (the “Company”), an exempted company organized under the laws of the Cayman Islands, and American Beacon Advisors, Inc., a Delaware corporation (“Manager”).

EIGHTH AMENDMENT TO AMENDED AND RESTATED ADMINSTRATIVE SERVICES AGREEMENT
Administrative Services Agreement • August 20th, 2014 • American Beacon Funds

This Eighth Amendment to Amended and Restated Administrative Services Agreement (the “Amendment”) is made as of July 7, 2014 by and among AMERICAN BEACON FUNDS, a Massachusetts business trust (the “Trust”), AMERICAN BEACON ADVISORS, INC., a Delaware corporation (“ABA”), and STATE STREET BANK AND TRUST COMPANY, a Massachusetts trust company (“State Street”).

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