0001398344-20-018537 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • September 15th, 2020 • Delaware Wilshire Private Markets Master Fund • Delaware

WHEREAS, pursuant to authority granted to the Adviser by the Board of Trustees (the “Board”) of Wilshire Private Markets Master Fund (the “Master Fund”), Wilshire Private Markets Fund (“Feeder Fund A”), and Wilshire Private Markets Tender Fund (“Feeder Fund T” and, collectively with Master Fund and Feeder Fund A, the “Fund”1), each a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and pursuant to the provisions of the Investment Advisory Agreement, dated as of September 11, 2020, by and between the Adviser and the Master Fund, Feeder Fund A, and Feeder Fund T (the “Management Agreement”), the Adviser has selected the Sub-Adviser to act as sub-investment adviser of the Fund and to provide certain related services, as more fully set forth below, and to perform these services under the terms and conditions hereinafter set forth;

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AGREEMENT AND DECLARATION OF TRUST
Agreement and Declaration of Trust • September 15th, 2020 • Delaware Wilshire Private Markets Master Fund
Services Agreement
Services Agreement • September 15th, 2020 • Delaware Wilshire Private Markets Master Fund • Massachusetts
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