0001133228-21-004606 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 27th, 2021 • American Beacon Funds • Texas

AGREEMENT made this 24th day of August, 2021 by and among American Beacon Funds, a Massachusetts Business Trust (“Trust”), American Beacon Advisors, Inc., a Delaware Corporation (the “Manager”), and TwentyFour Asset Management (US) LP, a Delaware Limited Partnership (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 • August 27th, 2021 • American Beacon Funds

This Amendment is made as of this 12th day of July 2021, 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.

TO SUB-ADMINISTRATIVE SERVICES FEE AGREEMENT
Sub-Administrative Services Fee Agreement • August 27th, 2021 • American Beacon Funds

This Eleventh 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 August 2, 2021. Capitalized terms used in this Amendment without definition shall have the respective meanings ascribed to such terms in the Agreement (as defined below).

AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS NINETEENTH AMENDMENT TO Management Agreement
Management Agreement • August 27th, 2021 • American Beacon Funds

The attached amended and restated Schedule B to change the name of the American Beacon TwentyFour Short Term Bond Fund to the American Beacon TwentyFour Sustainable Short Term 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.

FOURTEENTH AMENDMENT TO DISTRIBUTION AGREEMENT
Distribution Agreement • August 27th, 2021 • American Beacon Funds

This Fourteenth 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 July 16, 2021 (the “Effective Date”).

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