SEVENTH AMENDMENT TO SHAREHOLDER SERVICES AGREEMENT
Exhibit (h)(3)(xiii)
SEVENTH AMENDMENT
TO
SHAREHOLDER SERVICES AGREEMENT
This Seventh Amendment (the “Amendment”) to the Shareholder Services Agreement is made as of the 1st day of May, 2014 by and between AQR Funds, on behalf of each series listed on Schedule A, and AQR Capital Management, LLC.
WHEREAS, the parties hereto have entered into a Shareholder Services Agreement dated as of December 4, 2008, as amended and in effect prior to giving effect to this Amendment (the “Agreement”); and
WHEREAS, the parties hereto wish to amend Schedule A of the Agreement in order to remove the AQR Risk Parity II MV Fund, AQR Risk Parity II HV Fund and AQR Risk-Balanced Commodities Strategy Fund.
NOW, THEREFORE, for good and adequate consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows:
1. AMENDMENT OF SCHEDULE A. Schedule A of the Agreement is hereby amended by deleting it in its entirety and replacing it with the Schedule A attached hereto.
2. Except as modified hereby, the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.
| AQR CAPITAL MANAGEMENT, LLC | ||
| By: | /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ | |
| Name: | ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ | |
| Title: | Principal & Chief Legal Officer | |
| AQR FUNDS | ||
| By: | /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ | |
| Name: | ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ | |
| Title: | Vice President | |
SCHEDULE A
TO
SHAREHOLDER SERVICES AGREEMENT
| Fund |
Class |
Maximum Fees For the Services | ||||
| AQR Global Equity Fund |
Class Y | None | ||||
| Class I | 0.30 | % | ||||
| Class N | 0.30 | % | ||||
| Class R6 | 0.20 | % | ||||
| AQR International Equity Fund |
Class Y | None | ||||
| Class I | 0.30 | % | ||||
| Class N | 0.30 | % | ||||
| Class R6 | 0.20 | % | ||||
| AQR U.S. Defensive Equity Fund |
Class I | 0.15 | % | |||
| Class N | 0.15 | % | ||||
| AQR International Defensive Equity Fund |
Class I | 0.15 | % | |||
| Class N | 0.15 | % | ||||
| AQR Emerging Defensive Equity Fund |
Class I | 0.15 | % | |||
| Class N | 0.15 | % | ||||
| Dormant Funds | ||||||
| AQR International Small Cap Fund |
Class Y | None | ||||
| Class I | 0.25 | % | ||||
| Class N | 0.25 | % | ||||
| AQR Emerging Markets Fund |
Class Y | None | ||||
| Class I | 0.25 | % | ||||
| Class N | 0.25 | % | ||||
| AQR Equity Plus Fund |
Class I | 0.30 | % | |||
| Class N | 0.35 | % | ||||
| AQR Small Cap Core Fund |
Class I | 0.30 | % | |||
| Class N | 0.35 | % | ||||
| AQR Small Cap Growth Fund |
Class I | 0.30 | % | |||
| Class N | 0.35 | % | ||||
| AQR Risk-Balanced Commodities Strategy LV Fund |
Class I | 0.25 | % | |||
| Class N | 0.25 | % | ||||
Effective: May 1, 2014