0001741773-20-002203 Sample Contracts

AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT Between
Investment Management Agreement • July 31st, 2020 • T. Rowe Price Institutional Income Funds, Inc.

This Amendment (the “Amendment”) to the Investment Management Agreement is made as of the 30th day of July, 2020, by and between T. ROWE PRICE INSTITUTIONAL INCOME FUNDS, INC., a Maryland corporation (the “Corporation”), on behalf of the T. Rowe Price Institutional Core Plus Fund (the “Fund”), a separate series of the Corporation, and T. ROWE PRICE ASSOCIATES, INC., a corporation organized and existing under the laws of the State of Maryland (hereinafter called the “Manager”).

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