0001193125-21-079665 Sample Contracts

SUBADVISORY AGREEMENT
Subadvisory Agreement • March 12th, 2021 • Amg Funds Iii • Connecticut

The AMG Managers Special Equity Fund (the “Fund”) is a series of a Massachusetts business trust (the “Trust”) that is registered as an investment company under the Investment Company Act of 1940, as amended (the “Act”), and subject to the rules and regulations promulgated thereunder.

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FORM OF SUBADVISORY AGREEMENT
Subadvisory Agreement • March 12th, 2021 • Amg Funds Iii • Massachusetts

AGREEMENT made as of the [_______ day of ____, ____], between AMG FUNDS LLC, a limited liability company organized under the laws of the state of Delaware and having its principal place of business at One Stamford Plaza, 263 Tresser Boulevard, Suite 949, Stamford, Connecticut 06901 (the “Adviser”) and GW&K INVESTMENT MANAGEMENT, LLC, a limited liability company organized under the laws of the State of Delaware and having its principal place of business at 222 Berkeley Street, Boston, Massachusetts 02116 (the “Subadviser”).

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