LETTER AGREEMENT

AMG River Road Dividend All Cap Value Fund

Investment Advisory Agreement

July 1, 2022

AMG Funds LLC

680 Washington Boulevard, Suite 500

Stamford, Connecticut 06901

Attn: Compliance

 

Re:    Investment Advisory Agreement between AMG Funds IV (the “Trust”) and AMG Funds LLC (the “Adviser”), dated as of May 30, 2014, and as amended from time to time (the “Advisory Agreement”)

Ladies and Gentlemen:

Pursuant to Section 15 of the Advisory Agreement, the Trust hereby notifies you that Schedule B to the Advisory Agreement is amended, effective as of the date hereof, to reflect a revised advisory fee (the “New Advisory Fee”) that has been agreed to by the Trust and the Adviser with respect to AMG River Road Dividend All Cap Value Fund, a series of the Trust. Attached as Appendix A is an amendment to Schedule B to the Advisory Agreement setting forth the annual fee AMG River Road Dividend All Cap Value Fund will pay to the Adviser pursuant to Section 7 of the Advisory Agreement. Appendix A supplements and supersedes any information to the contrary relating to AMG River Road Dividend All Cap Value Fund in Schedule B to the Advisory Agreement.

Please acknowledge your agreement to the New Advisory Fee as set forth on Appendix A by executing this letter agreement in the space provided below and then returning it to the undersigned.

 

Sincerely,
AMG Funds IV
By:  

/s/ Thomas G. Disbrow

  Name: Thomas G. Disbrow
  Title: Treasurer, Chief Financial Officer and Principal Financial Officer


ACKNOWLEDGED AND ACCEPTED
AMG Funds LLC
By:  

/s/ Keitha L. Kinne

  Name: Keitha L. Kinne
  Title: Chief Operating Officer
  Date: July 1, 2022


Appendix A

AMENDMENT TO SCHEDULE B

 

Fund

  

Fee Rate

AMG River Road Dividend All Cap Value Fund    0.50% of the Fund’s average daily net assets