0001133228-19-006663 Sample Contracts

AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS Twelfth AMENDMENT TO Management Agreement
Management Agreement • November 22nd, 2019 • American Beacon Funds

The attached amended and restated Schedule B to remove the American Beacon Ionic Strategic Arbitrage Fund is hereby incorporated into the Management Agreement dated April 4, 2016, as amended, by and between the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust (each, a “Trust”), on behalf of each Fund of a Trust listed on Schedule B hereto, as may be amended from time to time (each, a “Fund”), and American Beacon Advisors, Inc., a Delaware corporation, and supersedes any prior Schedule B to the Agreement.

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To Transfer Agency and Service Agreement Between DST Asset Manager Solutions, Inc. And American Beacon Funds American Beacon Select Funds American Beacon Institutional Funds Trust
Transfer Agency and Service Agreement • November 22nd, 2019 • American Beacon Funds

This Amendment is made as of this 31st day of October 2019, by DST Asset Manager Solutions, Inc. (the “Transfer Agent”) and each of American Beacon Funds, American Beacon Select Funds, and American Beacon Institutional Funds Trust (each a “Fund”, collectively the “Funds”). In accordance with Section 15 (Additional Funds/Portfolios) and Sections 16.1 and/or 17 (Amendment) of the Transfer Agency and Service Agreements between American Beacon Funds and the Transfer Agent dated January 1, 1998, as amended, between American Beacon Select Funds and the Transfer Agent dated December 31, 1999, as amended and between American Beacon Institutional Funds Trust and the Transfer Agent dated March 22, 2017, as amended (together, the “Agreements”), the parties desire to amend each Agreement as set forth herein.

SEVENTH AMENDMENT TO DISTRIBUTION AGREEMENT
Distribution Agreement • November 22nd, 2019 • American Beacon Funds

Seventh Amendment (the “Amendment”) to the Distribution Agreement (the “Agreement”) dated as of the 22nd day of April, 2019 by and between American Beacon Funds and American Beacon Select Funds, each a Massachusetts business trust that acts as an open-end investment company (the “Client”), and Resolute Investment Distributors, Inc., a Delaware limited liability company (“Resolute”).

ADMINISTRATIVE SERVICES AGREEMENT
Administrative Services Agreement • November 22nd, 2019 • American Beacon Funds • Delaware

This Agreement (the “Agreement”), dated the 10th day of June, 2019 is made by and among AMERICAN BEACON FUNDS, a Massachusetts business trust, AMERICAN BEACON INSTITUTIONAL FUNDS TRUST, a Delaware Statutory Trust, (collectively, the “Trusts”), AMERICAN BEACON ADVISORS, INC., a Delaware corporation (“ABA”), and PARAMETRIC PORTFOLIO ASSOCIATES LLC, a Delaware limited liability company (“Parametric”).

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