FORM OF INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • December 22nd, 2023 • Cavanal Hill Funds • Massachusetts
TIDS INVESTMENT SUB-ADVISORY AGREEMENT (the "Agreement") is between Cavanal Hill Investment Management, Inc., an Oklahoma corporation (the "Adviser"), and LM Capital Group, LLC, a Delaware limited liability company (the "Sub-Adviser") for the Strategic Enhanced Yield Fund series ("Strategic Enhanced Yield Fund") of the Cavanal Hill Funds (the "Trust"), a Massachusetts business trust registered as an open-end, diversified, management investment company under the Investment Company Act of 1940, as amended (the "1940 Act"), and shall be effective as of the 28th day of December, 2022.
