0001193125-14-384859 Sample Contracts

MASTER INTERFUND LENDING AGREEMENT
Master Interfund Lending Agreement • October 28th, 2014 • Waddell & Reed Advisors Funds • Delaware

This Master Interfund Lending Agreement (the “Master Agreement”), dated as of August 13, 2014 (the “Effective Date”), is by and among the series listed for Ivy Funds, Waddell & Reed Advisors Funds, Ivy Funds Variable Insurance Portfolios, and Invested Portfolios on Schedule A or Schedule B hereto (collectively, the “Trusts,” and each portfolio series of a Trust shall be referred to herein as a “Fund” and collectively as the “Funds”); Ivy Investment Management Company (“IICO”); and Waddell & Reed Investment Management Company (“WRIMCO” and together with IICO, the “Advisers”).

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