ASSIGNMENT AND ASSUMPTION AGREEMENT by and among TURNER INVESTMENT PARTNERS, INC. and TURNER INVESTMENTS, L.P. and INDEPENDENCE CAPITAL MANAGEMENT, INC. relating toAssignment and Assumption Agreement • April 26th, 2012 • Penn Series Funds Inc • Maryland
THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (“Agreement”), effective as of January 1, 2012, is made by and among TURNER INVESTMENT PARTNERS, INC. (“Assignor”), TURNER INVESTMENTS, L.P. (“Assignee”) and INDEPENDENCE CAPITAL MANAGEMENT, INC. (“Adviser”) with reference to the following Recitals.
AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • April 26th, 2012 • Penn Series Funds Inc
Amendment dated as of November 17, 2011 to the Investment Sub-Advisory Agreement dated as of August 22, 2008 between Independence Capital Management, Inc. (the “Adviser”) and AllianceBernstein L.P. (the “Sub-Adviser”) with respect to the SMID Cap Value Fund (the “Fund”), a portfolio of the Penn Series Funds, Inc.
CONSENT TO ASSIGNMENTCustodian Agreement • April 26th, 2012 • Penn Series Funds Inc
This Consent to Assignment relates to the Amended and Restated Custodian Agreement between Penn Series Funds, Inc. (the “Fund”) and BNY Mellon Investment Servicing Trust Company (formerly PFPC Trust Company and successor to Provident National Bank) (“Trust Company”) dated October 28, 1992 (the “Agreement”).
