0001398344-20-008688 Sample Contracts

SUBADVISORY AGREEMENT
Subadvisory Agreement • April 28th, 2020 • Pax World Funds Series Trust I • New Hampshire

Agreement made as of the 30th day of September, 2019 by and between Impax Asset Management LLC, a Delaware limited liability company ("Manager"), and Aperio Group, LLC (“Subadviser").

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

Amended and Restated Advisory Contract (this "Contract") dated as of January 18, 2018, March 15, 20181, June 18, 20182, June 13, 20193 and April 30, 20204 between PAX WORLD FUNDS SERIES TRUST I, a Massachusetts business trust (the “Trust”), and IMPAX ASSET MANAGEMENT LLC, a Delaware limited liability company (the “Manager”).

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 28th, 2020 • Pax World Funds Series Trust I • Delaware

Agreement made as of the _____ day of June, 2018, by and between Impax Asset Management LLC, a Delaware limited liability company (“Adviser”), and Impax Asset Management Ltd. (“Sub-Adviser”).

AMENDMENT 2
Pax World Funds Series Trust I • April 28th, 2020

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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