0001133228-20-007859 Sample Contracts

AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS EIGHTEENTH AMENDMENT TO Management Agreement
Management Agreement • December 14th, 2020 • American Beacon Funds

The attached amended and restated Schedule B to add the American Beacon AHL TargetRisk Core 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.

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TWELFTH AMENDMENT TO DISTRIBUTION AGREEMENT
Distribution Agreement • December 14th, 2020 • American Beacon Funds

This Twelfth 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 November 2, 2020 (the “Effective Date”).

SECOND AMENDMENT TO AMERICAN BEACON FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 14th, 2020 • American Beacon Funds

This Second Amendment to the American Beacon Funds Investment Advisory Agreement (“Second Amendment”) is effective as of November 3, 2020, by and among American Beacon Funds, a Massachusetts business trust (the “Trust”), American Beacon Advisors, Inc., a Delaware corporation (the “Manager”), and AHL Partners LLP, an England and Wales limited liability partnership (the “Adviser”);

TO SUB-ADMINISTRATIVE SERVICES FEE AGREEMENT
Sub-Administrative Services Fee Agreement • December 14th, 2020 • American Beacon Funds

This Tenth Amendment (“Amendment”) to the Sub-Administrative Services Fee Agreement dated April 30, 2017 (“Agreement”) by and between the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust, the American Beacon Institutional Funds Trust, the American Beacon Sound Point Enhanced Income Fund and the American Beacon Apollo Total Return Fund, each a Delaware statutory trust, (collectively, the “Trusts”), and American Beacon Advisors, Inc., a Delaware corporation (the “Manager”) is effective as of November 2, 2020. Capitalized terms used in this Amendment without definition shall have the respective meanings ascribed to such terms in the Agreement (as defined below).

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 • December 14th, 2020 • American Beacon Funds

This Amendment is made as of this 30th day of October 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.

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