AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT for the FRONTIER CAPITAL APPRECIATION FUND
Exhibit
(d)(7)
AMENDMENT
TO INVESTMENT SUB-ADVISORY AGREEMENT
for
the
FRONTIER
CAPITAL APPRECIATION FUND
This
Amendment (the “Amendment”)
is made and entered into April 16, 2009 among M Financial Investment Advisers,
Inc., a Colorado corporation (the “Adviser”)
and Frontier Capital Management Company, LLC a Delaware limited liability
company (the “Sub-Adviser;”
and with the Adviser, the “Parties”).
RECITALS
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A.
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The
parties entered into an Investment Sub-Advisory Agreement for the Frontier
Capital Appreciation Fund dated January 14, 1998 (the “Agreement”).
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B.
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It
has come to the attention of the parties that the Agreement contains an
error regarding the payment schedule from the Adviser to the
Sub-Adviser.
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C.
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The
parties desire to amend the Agreement to correct the
error.
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AGREEMENT
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1.
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Amendment. Section
4 of the Agreement is amended to read in its entirety as
follows:
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Compensation of the Sub-Adviser. For the services to be provided by the Sub-Adviser pursuant to this Agreement, the Adviser shall pay to the Sub-Adviser, and the Sub-Adviser agrees to accept as full compensation therefore, a sub-advisory fee at the rates specified in Schedule A, which is attached hereto and made part of this Agreement. The fee shall be calculated by applying a daily rate, based on the annual percentage rates as specified in Schedule A, to the average daily net assets of the Portfolio and shall be paid to the Sub-Adviser quarterly. The Sub-Adviser may, in its discretion and from time to time, waive all of a portion of its fee. |
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3.
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Other
Provisions. The provisions of the Agreement that are not
amended or deleted by this Amendment remain unchanged and in full force
and effect.
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4.
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Defined
Terms. All capitalized terms used, but not defined in
this Amendment, have the definitions given them in the
Agreement.
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5.
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Signatures. This
Amendment may be signed in counterparts. A fax of portable
document format (pdf) transmission of a signature page will be considered
an original signature page. At the request of a party, the
other party will confirm a fax- or pdf-transmitted signature page by
delivering an original signature page to the requesting
party.
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[This space is intentionally
blank.]
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The
Parties have caused this AMENDMENT TO THE SUB-ADVISORY AGREEMENT for the
FRONTIER CAPITAL APPRECIATION FUND to be executed by their duly authorized
officers as of the day and year first written above.
M
FINANCIAL ADVISERS, INC.
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/s/ Xxxxxx Xxxxx
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By: Xxxxxx
Xxxxx, President
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Frontier
Capital Management Company, LLC
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/s/ Xxxxxxx X. Xxxxxx
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By:
Xxxxxxx X. Xxxxxx
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Its:
Chief Operating Officer
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