0001193125-14-284073 Sample Contracts

INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • July 29th, 2014 • Ivy Funds

THIS AGREEMENT (“Agreement”), effective as of July 2, 2014, by and between Ivy Investment Management Company, a Delaware corporation, registered as an Investment Adviser under the Investment Advisers Act of 1940 (the “Adviser”) and Wall Street Associates, a California corporation, registered as an Investment Adviser under the Investment Advisers Act of 1940 (the “Sub-Adviser”).

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SHAREHOLDER SERVICING AGREEMENT EXHIBIT B COMPENSATION
Shareholder Servicing Agreement • July 29th, 2014 • Ivy Funds

An amount payable on the first day of each month of $1.5042 for each Class A account of the Fund which was in existence during any portion of the immediately preceding month.

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