0001398344-20-008680 Sample Contracts

AMENDED AND RESTATED INVESTMENT ADVISORY CONTRACT
Investment Advisory Contract • April 28th, 2020 • Pax World Funds Series Trust Iii

Amended and Restated Investment Advisory Contract (this "Contract") dated as of January 18, 2018 March 15, 2018 and June 13, 2019 between PAX WORLD FUNDS SERIES TRUST III, a Massachusetts business trust (the “Trust”), on behalf of its Pax Ellevate Global Women’s Leadership Fund (the “Fund”), and PAX ELLEVATE MANAGEMENT LLC, a Delaware limited liability company (the “Manager”).

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AMENDMENT 1
Distribution Agreement • April 28th, 2020 • Pax World Funds Series Trust Iii

Except as amended hereby, all terms of the Existing Agreement remain in full force and effect. This Amendment includes the amendments in Schedule A and general terms in Schedule B.

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