INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • October 26th, 2018 • Bridge Builder Trust • Delaware
This AGREEMENT is made as of the 1st day of May, 2018, by and among Edinburgh Partners Limited, a company incorporated in Scotland, located at 27-31 Melville Street, Edinburgh, EH3 7JF Scotland, United Kingdom (the "Sub-adviser"), Olive Street Investment Advisers, LLC, a Missouri limited liability company located at 12555 Manchester Road, St. Louis, MO 63131 (the "Adviser"), and the Bridge Builder Trust, a Delaware statutory trust located at 615 East Michigan Street, Milwaukee, WI 53202 (the "Trust") on behalf of the series of the Trust indicated on Schedule A to this Agreement (each a "Fund" and collectively, the "Funds").
AMENDMENT NO. 3 TO INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • October 26th, 2018 • Bridge Builder Trust • Delaware
This Amendment No. 3 to the Investment Sub-advisory Agreement, dated as of June 30, 2015, and amended as of May 18, 2016 and June 9, 2017 (the "Sub-advisory Agreement"), by and among Olive Street Investment Advisers, LLC (the "Adviser"), T. Rowe Price Associates, Inc. (the "Sub-adviser"), and the Bridge Builder Trust (the "Trust") is entered into as of the 28th day of September, 2018, by and among the Adviser, the Sub-adviser, and the Trust, on behalf of the series of the Trust indicated on Schedule A to this Amendment (each, a "Fund" and collectively, the "Funds"). All capitalized terms used, but not defined, herein shall have the meanings given to them in the Sub-advisory Agreement.
AMENDMENT NO. 3 TO INVESTMENT SUB-ADVISORY AGREEMENTSub-Advisory Agreement • October 26th, 2018 • Bridge Builder Trust • Delaware
This Amendment No. 3 to the Investment Sub-advisory Agreement, dated as of February 19, 2015, and amended as of May 18, 2016 and June 9, 2017 (the "Sub-advisory Agreement"), by and among Olive Street Investment Advisers, LLC (the "Adviser"), BlackRock Investment Management, LLC (the "Sub-adviser"), and the Bridge Builder Trust (the "Trust") is entered into as of the 1st day of October 2018, by and among the Adviser, the Sub-adviser, and the Trust, on behalf of the series of the Trust indicated on Schedule A to this Amendment (each, a "Fund" and collectively, the "Funds"). All capitalized terms used, but not defined, herein shall have the meanings given to them in the Sub-advisory Agreement.
May 10, 2018 Mr. William H. Broderick, III Chair of the Board Bridge Builder Trust 12555 Manchester Road St. Louis, MO 63131Bridge Builder Trust • October 26th, 2018
This letter is to confirm the continuation of the agreement of Olive Street Investment Advisers, LLC ("Olive Street") with Bridge Builder Trust (the "Trust") to waive the management fees it is entitled to receive as the investment adviser of each series of the Trust listed on Schedule A to this agreement (each a "Fund," and collectively, the "Funds") to the extent the management fees to be paid to Olive Street exceed the management fees paid to the sub-advisers for management of allocated portions of a Fund or Funds. This waiver became effective as of the launch date of each Fund and shall continue until at least October 28, 2019. This waiver will continue thereafter for subsequent one year periods unless terminated by Olive Street with the consent of the Board of Trustees, which consent will not be unreasonably withheld, except that Olive Street may, at its election, terminate this agreement, effective upon the end of the then current one-year period, by providing the Trust at least n
