AMENDMENT NO. 2 TO INVESTMENT SUB-ADVISORY AGREEMENT
AMENDMENT NO. 2
TO INVESTMENT SUB-ADVISORY AGREEMENT
This Amendment No. 2 to the Investment Sub-Advisory Agreement dated as of August 14, 2015, by and between Olive Street Investment Advisers, LLC (the “Adviser”) and FIAM LLC (the “Sub-Adviser”) (the “Agreement”), is entered into as of the 1st day of December, 2017 by and among the Adviser, the Sub-Adviser and the Bridge Builder Trust (the “Trust”), on behalf of each Fund indicated on Schedule A to this Amendment. All capitalized terms used, but not defined, herein shall have the meanings given to them in the Agreement and Amendment No. 1 to the Agreement, dated June 9, 2017.
WHEREAS, the Adviser, the Sub-Adviser, and the Trust, on behalf of each Fund, desire to change the annual sub-advisory fee rate due to the Sub-adviser by each Fund for services rendered to the Allocated Portion of each Fund;
WHEREAS, Schedule A to the Agreement sets forth the annual sub-advisory fee rate due to the Sub-adviser by each Fund;
WHEREAS, pursuant to Section 12 of the Agreement, the Agreement may be amended only by a written instrument signed by the parties;
NOW THEREFORE, in consideration of the foregoing and mutual covenants herein contained, the parties hereby amend the Agreement by deleting Schedule A to the Agreement in its entirety and replacing it with Schedule A to this Amendment, attached hereto.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their officers designated below as of the day and year written above.
[SIGNATURE PAGE FOLLOWS]
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on behalf of the series listed on Schedule A hereto |
OLIVE STREET INVESTMENT ADVISERS, LLC | |||||||
| By: | /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ |
By: | /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ | |||||
| Name: | ▇▇▇▇ ▇. ▇▇▇▇▇▇ | Name: | ▇▇▇▇ ▇. ▇▇▇▇▇▇ | |||||
| Title: | President | Title: | President | |||||
| FIAM LLC | ||||||||
| By: | /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ |
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| Name: | ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ | |||||||
| Title: | SVP, Head of Institutional Sales & RM | |||||||
SCHEDULE A
FUNDS AND FEES
Effective December 1, 2017
| Series of Bridge Builder Trust |
Annual Sub-advisory Fee Rate | |||
| Bridge Builder Municipal Bond Fund |
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