SCHEDULE
AS LAST AMENDED MAY 31, 2017
TO THE INVESTMENT ADVISORY AGREEMENT
DATED MAY 31, 2000, AS AMENDED MAY 21, 2001,
BETWEEN THE ADVISORS' INNER CIRCLE FUND II AND HORIZON ADVISERS
Pursuant to Article 3, the Trust shall pay the Adviser compensation at an
annual rate as follows:
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PORTFOLIO FEE
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Burkenroad Small Cap Fund 0.95% on the first $500 million in assets;
0.90% for assets between $500 million and
$1 billion; and 0.85% on assets over
$1 billion
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Diversified Income Fund 0.70% on the first $500 million in assets;
0.65% for assets between $500 million and
$1 billion; and 0.60% on assets over
$1 billion
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Diversified International Fund 1.00% on the first $100 million in assets
and 0.90% on assets over $100 million
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Quantitative Long/Short Fund 0.80% on the first $500 million in assets;
0.75% for assets between $500 million and
$1 billion; and 0.70% on assets over
$1 billion
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Louisiana Tax-Free Income Fund 0.60% on the first $500 million in assets;
0.55% for assets between $500 million and
$1 billion; and 0.50% on assets over
$1 billion
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Mississippi Tax-Free Income Fund 0.60% on the first $500 million in assets;
0.55% for assets between $500 million and
$1 billion; and 0.50% on assets over
$1 billion
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U.S. Small Cap Fund 0.80% on the first $500 million in assets;
0.75% for assets between $500 million and
$1 billion; and 0.70% on assets over
$1 billion
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Dynamic Asset Allocation Fund 0.70% on the first $500 million in assets;
0.65% for assets between $500 million and
$1 billion; and 0.60% on assets over
$1 billion
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International Small Cap Fund 1.10% on the first $500 million in assets;
1.05% for assets between $500 million and
$1 billion; and 1.00% on assets over
$1 billion
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Microcap Fund 1.00% on the first $500 million in assets;
0.95% for assets between $500 million and
$1 billion; and 0.90% on assets over
$1 billion
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Acknowledged and Accepted by:
HORIZON ADVISERS
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: EVP/CIO
THE ADVISORS' INNER CIRCLE FUND II
/s/ ▇▇▇▇ ▇▇▇
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Name: ▇▇▇▇ ▇▇▇
Title: Vice President