0001193125-22-057728 Sample Contracts

INVESTMENT SUB-ADVISORY AGREEMENT between PENN MUTUAL ASSET MANAGEMENT, LLC and DELAWARE INVESTMENTS FUND ADVISERS
Investment Sub-Advisory Agreement • February 28th, 2022 • Penn Series Funds Inc

INVESTMENT SUB-ADVISORY AGREEMENT, made as of April 30, 2021 by and between PENN MUTUAL ASSET MANAGEMENT, LLC (the “Adviser”), a limited liability company organized and existing under the laws of the Commonwealth of Pennsylvania, and DELAWARE INVESTMENTS FUND ADVISERS (the “Sub-Adviser”), a series of Macquarie Investment Management Business Trust, a statutory trust organized and existing under the laws of the State of Delaware.

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