0001144204-18-013023 Sample Contracts

VIRTUS EQUITY TRUST Virtus KAR Small-Mid Cap Core Fund FORM OF SUBADVISORY AGREEMENT
Subadvisory Agreement • March 6th, 2018 • Virtus Equity Trust • Delaware

Virtus Equity Trust (the “Trust”) is an open-end investment company of the series type registered under the Investment Company Act of 1940, as amended (the “Act”), and is subject to the rules and regulations promulgated thereunder. The shares of the Trust are offered or may be offered in several series, including Virtus KAR Small-Mid Cap Core Fund (sometimes hereafter referred to as the “Series”).

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NINTH AMENDMENT TO AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • March 6th, 2018 • Virtus Equity Trust

THIS AMENDMENT effective as of the 6th day of March, 2018 amends that certain Amended and Restated Investment Advisory Agreement dated as of November 20, 2002, and amended as of October 21, 2004, July 29, 2005, July 13, 2007, March 10, 2008, June 22, 2009, January 1, 2010, June 25, 2010 and May 8, 2017 (the “Agreement”), by and between Virtus Equity Trust, a Delaware statutory trust (the “Trust”), and Virtus Investment Advisers, Inc., a Massachusetts corporation (the “Adviser”), as follows:

SEVENTEENTH AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT VIRTUS EQUITY TRUST
Expense Limitation Agreement • March 6th, 2018 • Virtus Equity Trust • Delaware

This Seventeenth Amended and Restated Expense Limitation Agreement (the “Agreement”), effective as of March 6, 2018, amends and restates that certain Sixteenth Amended and Restated Expense Limitation Agreement effective as of January 29, 2018, by and between Virtus Equity Trust, a Delaware statutory trust (the “Registrant”), on behalf of each series of the Registrant listed in Appendix A (each a “Fund” and collectively, the “Funds”) and the Adviser of each of the Funds, Virtus Investment Advisers, Inc., a Massachusetts corporation (the “Adviser”).

to AMENDED AND RESTATED ADMINISTRATION AGREEMENT
Administration Agreement • March 6th, 2018 • Virtus Equity Trust

THIS AMENDMENT made effective as of the 6th day of March, 2018 amends that certain amended and restated administration agreement, dated as of January 1, 2010, as amended, between the Trusts listed on Schedule A including the Funds listed under each Trust and Virtus Fund Services, LLC, a Delaware limited liability company (such party, the “Administrator” and such agreement, the “Agreement”) as herein below provided.

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