AMENDMENT NO. 5 TO THE SUB-ADVISORY AGREEMENT BETWEEN HENDERSON GLOBAL INVESTORS (NORTH AMERICA) INC. AND HENDERSON INVESTMENT MANAGEMENT LIMITED
AMENDMENT NO. 5
TO THE SUB-ADVISORY AGREEMENT BETWEEN
▇▇▇▇▇▇▇▇▇ GLOBAL INVESTORS (NORTH AMERICA) INC.
AND ▇▇▇▇▇▇▇▇▇ INVESTMENT MANAGEMENT LIMITED
AMENDMENT NO. 5 (this “Amendment”), dated as of December 18, 2013, to the Sub-Advisory Agreement, dated August 31, 2001 as amended (the “Sub-Advisory Agreement”), between ▇▇▇▇▇▇▇▇▇ GLOBAL INVESTORS (NORTH AMERICA) INC. (hereinafter referred to as the “Adviser”) and ▇▇▇▇▇▇▇▇▇ INVESTMENT MANAGEMENT LIMITED (hereinafter referred to as the “Sub-Adviser”) shall be effective as of the date first written above. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute but one instrument.
W I T N E S S E T H:
WHEREAS, the Sub-Adviser has been retained by the Adviser, a Delaware corporation, to provide investment advisory services to ▇▇▇▇▇▇▇▇▇ All Asset Fund, ▇▇▇▇▇▇▇▇▇ Dividend & Income Builder Fund, ▇▇▇▇▇▇▇▇▇ Emerging Markets Opportunities Fund, ▇▇▇▇▇▇▇▇▇ European Focus Fund, ▇▇▇▇▇▇▇▇▇ Global Equity Income Fund, ▇▇▇▇▇▇▇▇▇ Global Technology Fund and ▇▇▇▇▇▇▇▇▇ International Opportunities Fund, each a series of the Trust, pursuant to the Sub-Advisory Agreement; and
WHEREAS, the parties wish to amend the Sub-Advisory Agreement to add the ▇▇▇▇▇▇▇▇▇ Unconstrained Bond Fund as a Portfolio covered by the Sub-Advisory Agreement pursuant to Paragraph 1 of the Sub-Advisory Agreement; and
WHEREAS, capitalized terms used herein which are not defined herein and which are defined in the Sub-Advisory Agreement shall have the same meanings as therein defined.
NOW THEREFORE, in consideration of the mutual agreements herein contained, and intending to be bound thereby, the parties agree as follows:
A. Schedule A of the Sub-Advisory Agreement is amended and restated in its entirety as provided in Schedule A attached hereto.
B. This Amendment does not in any way limit the ability to add additional Portfolios to the Sub-Advisory Agreement pursuant to the provisions of Paragraph 1 or to amend Schedule A thereto pursuant to the provisions of Paragraph 11 of the Sub-Advisory Agreement.
C. If any provision of this Amendment shall be held or made invalid by a court decision, statute, rule or otherwise, the remainder of the Sub-Advisory Agreement shall not be affected thereby. Except to the extent governed by federal law including the Investment Company Act of 1940, as amended, this Amendment shall be governed by, and construed in accordance with, the laws of the State of Delaware, without applying the principles of conflicts of law thereunder.
[The Remainder of Page Intentionally Left Blank]
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be signed by their duly authorized officers as of the day and year first above written.
| ▇▇▇▇▇▇▇▇▇ GLOBAL INVESTORS | ||
| (NORTH AMERICA) INC. | ||
| By: | ||
| Name: | ▇▇▇▇▇ ▇. ▇’▇▇▇▇▇ | |
| Title: | Managing Director | |
| ▇▇▇▇▇▇▇▇▇ INVESTMENT | ||
| MANAGEMENT LIMITED | ||
| By: | ||
| Name: | ||
|
Title:
|
||
2
SCHEDULE A
|
▇▇▇▇▇▇▇▇▇ All Asset Fund:
|
▇▇▇▇▇▇▇▇▇ Global Technology Fund:
|
|
|
0.35% of all assets under management
|
0.35% of all assets under management
|
|
|
▇▇▇▇▇▇▇▇▇ Dividend & Income Builder Fund:
|
▇▇▇▇▇▇▇▇▇ International Opportunities Fund:
|
|
|
0.35% of all assets under management
|
0.35% of all assets under management
|
|
|
▇▇▇▇▇▇▇▇▇ Emerging Markets Opportunities Fund:
|
▇▇▇▇▇▇▇▇▇ Unconstrained Bond Fund:
|
|
|
0.35% of all assets under management
|
0.35% of all assets under management
|
|
|
▇▇▇▇▇▇▇▇▇ European Focus Fund:
|
||
|
0.35% of all assets under management
|
||
|
▇▇▇▇▇▇▇▇▇ Global Equity Income Fund:
|
||
|
0.35% of all assets under management
|
Schedule A - Page 1