0001104659-12-060692 Sample Contracts

INVESTMENT SUB-ADVISORY AGREEMENT NEW COVENANT FUNDS
Investment Sub-Advisory Agreement • August 29th, 2012 • New Covenant Funds • Delaware

AGREEMENT made as of this 30th day of March, 2012 between SEI Investments Management Corporation (the “Adviser”) and Western Asset Management Company (the “Sub-Adviser”).

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INVESTMENT SUB-ADVISORY AGREEMENT NEW COVENANT FUNDS
Investment Sub-Advisory Agreement • August 29th, 2012 • New Covenant Funds • Delaware

AGREEMENT made as of this 27th day of March, 2012 between SEI Investments Management Corporation (the “Adviser”) and WestEnd Advisors LLC (the “Sub-Adviser”).

INVESTMENT SUB-ADVISORY AGREEMENT NEW COVENANT FUNDS
Investment Sub-Advisory Agreement • August 29th, 2012 • New Covenant Funds • Delaware

AGREEMENT made as of this 30th day of March, 2012 between SEI Investments Management Corporation (the “Adviser”) and J.P. Morgan Investment Management Inc. (the “Sub-Adviser”).

DISTRIBUTION AGREEMENT
Distribution Agreement • August 29th, 2012 • New Covenant Funds • Pennsylvania

THIS AGREEMENT is made as of this 23rd day of March, 2012 between New Covenant Funds (the “Trust”), a Delaware statutory trust, and SEI Investments Distribution Co. (the “Distributor”), a Pennsylvania corporation.

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