0001558370-16-008858 Sample Contracts

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • October 28th, 2016 • Waddell & Reed Financial Inc • Security brokers, dealers & flotation companies

THIS AGREEMENT, made as of September 1, 2016, is entered into by and between IVY NEXTSHARES (hereinafter called the “Trust”), and IVY INVESTMENT MANAGEMENT COMPANY (hereinafter called “IICO”), with respect to each series of the Trust listed in Appendix A (each, a “Fund” and collectively, the “Funds”).

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INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • October 28th, 2016 • Waddell & Reed Financial Inc • Security brokers, dealers & flotation companies

THIS AGREEMENT, dated as of July 29, 2016, is entered into by and between Ivy Variable Insurance Portfolios f/k/a Ivy Funds Variable Insurance Portfolios (the "Trust") and Ivy Investment Management Company ("IICO"), with respect to each series of the Trust listed in Appendix A (each, a "Fund").

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • October 28th, 2016 • Waddell & Reed Financial Inc • Security brokers, dealers & flotation companies

THIS AGREEMENT, dated as of July 29, 2016, is entered into by and between Ivy Variable Insurance Portfolios f/k/a Ivy Funds Variable Insurance Portfolios (the “Trust”) and Ivy Investment Management Company ("IICO"), with respect to each series of the Trust listed in Appendix A (each, a “Fund”).

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