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 Funds average daily net assets |