0001133228-20-005750 Sample Contracts

AMERICAN BEACON FUNDS
Investment Sub-Advisory Agreement • September 10th, 2020 • American Beacon Funds • Texas

THIS INVESTMENT SUB-ADVISORY AGREEMENT is made this 21 day of August, 2020, by and among American Beacon Funds, a Massachusetts Business Trust (“Trust”), American Beacon Advisors, Inc., a Delaware Corporation (the “Manager”), and National Investment Services of America, LLC, a Delaware limited liability company (the “Adviser”);

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To Transfer Agency and Service Agreement Between DST Asset Manager Solutions, Inc. And American Beacon Funds American Beacon Select Funds American Beacon Institutional Funds Trust
Transfer Agency and Service Agreement • September 10th, 2020 • American Beacon Funds

This Amendment is made as of this 25th day of August 2020, by DST Asset Manager Solutions, Inc. (the “Transfer Agent”) and each of American Beacon Funds, American Beacon Select Funds, and American Beacon Institutional Funds Trust (each a “Fund”, collectively the “Funds”). In accordance with Section 15 (Additional Funds/Portfolios) and Sections 16.1 and/or 17 (Amendment) of the Transfer Agency and Service Agreements between American Beacon Funds and the Transfer Agent dated January 1, 1998, as amended, between American Beacon Select Funds and the Transfer Agent dated December 31, 1999, as amended and between American Beacon Institutional Funds Trust and the Transfer Agent dated March 22, 2017, as amended (together, the “Agreements”), the parties desire to amend each Agreement as set forth herein.

AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS SIXTEENTH AMENDMENT TO Management Agreement
Management Agreement • September 10th, 2020 • American Beacon Funds

The attached amended and restated Schedule B to add the American Beacon NIS Core Plus Bond Fund is hereby incorporated into the Management Agreement dated April 4, 2016, as amended, by and between 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 B hereto, as may be amended from time to time (each, a “Fund”), and American Beacon Advisors, Inc., a Delaware corporation, and supersedes any prior Schedule B to the Agreement.

ELEVENTH AMENDMENT TO DISTRIBUTION AGREEMENT
Distribution Agreement • September 10th, 2020 • American Beacon Funds

This Eleventh Amendment (the “Amendment”) to the Distribution Agreement (the “Agreement”) dated as of the 1st day of March 2018 by and between American Beacon Funds and American Beacon Select Funds, each a Massachusetts business trust that acts as an open-end investment company (the “Client”), and Resolute Investment Distributors, Inc., a Delaware corporation (“Resolute”) is entered into as of September 10, 2020 (the “Effective Date”).

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