0001133228-15-005717 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
American Beacon Funds • October 27th, 2015 • American Beacon Funds • Texas

AGREEMENT made this 13th day of August, 2015. by and among American Beacon Funds, a Massachusetts Business Trust (“Trust”), American Beacon Advisors, Inc., a Delaware Corporation (the "Manager"), and Payden & Rygel, a California corporation (the "Adviser");

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AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS ADMINISTRATION AGREEMENT
Administration Agreement • October 27th, 2015 • American Beacon Funds • Texas

This Agreement is made as of April 30, 2015, by and among the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust (each a “Trust”), and American Beacon Advisors, Inc., a Delaware corporation (“AmBeacon”).

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