0001193125-24-049897 Sample Contracts

Clearwater Investment Trust SUBADVISORY AGREEMENT
Subadvisory Agreement • February 28th, 2024 • Clearwater Investment Trust

This Subadvisory Agreement, made as of the 18th day of May, 2023 (the “Agreement”), by and among Clearwater Investment Trust (“Trust”), a Massachusetts business trust, Clearwater Management Co., Inc. (the “Manager”), a Minnesota corporation, and MacKay Shields LLC, a Delaware limited liability company (the “Subadvisor”).

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Fiduciary Counselling, Inc. SUBADVISORY AGREEMENT
Subadvisory Agreement • February 28th, 2024 • Clearwater Investment Trust

This Subadvisory Agreement, made as of the 30th day of September, 2023 (the “Agreement”), by and among Clearwater Investment Trust (“Trust”), a Massachusetts business trust, Clearwater Management Co., Inc. (the “Manager”), a Minnesota corporation, and Fiduciary Counselling, Inc, a Minnesota corporation (the “Subadvisor”).

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