Subadvisory Agreement Between Acuitas Investments And Sample Contracts

SUBADVISORY AGREEMENT BETWEEN ACUITAS INVESTMENTS AND DEPRINCE, RACE & ZOLLO, INC.
Subadvisory Agreement Between Acuitas Investments And • June 30th, 2014 • Forum Funds Ii • New York

AGREEMENT made as of the 18th day of June, 2014, by and between Acuitas Investments, LLC, a Washington limited liability company with its principal office and place of business at 520 Pike Street, Seattle, WA 98101 (the "Adviser") and DePrince, Race & Zollo, Inc., a Florida corporation with its principal office and place of business at 250 Park Ave South, Suite 250, Winter Park, FL 32789 (the "Subadviser").

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