EX-99.(D)(16)(I) 3 f3605d3.htm AMENDMENT NO. 1, (3-11-2020) TO THE SUBADVISORY AGREEMENT (BAILLIE GIFFORD)

AMENDMENT NO. 1 

TO THE SUBADVISORY AGREEMENT 

  

This Amendment No. 1 (the “Amendment”), made and entered into as of March 11, 2020, is made a part of the Subadvisory Agreement between Columbia Management Investment Advisers, LLC, a Minnesota limited liability company (“Investment Manager”) and Baillie Gifford Overseas Limited, a company incorporated in Scotland under Registered Number 084807 and having its registered office at Calton Square, 1 Greenside Row, Edinburgh, Scotland (“Subadviser”), dated March 7, 2018 (the “Agreement”). 

  

WHEREAS, Investment Manager and Subadviser desire to amend the Agreement.  

  

NOW, THEREFORE, the parties, intending to be legally bound, agree as follows: 

  

1.

The following shall be, and is hereby added as Section 22 to the Agreement: 

  

Delegation.  Subadviser may delegate some or all of its duties under this Agreement to affiliated or unaffiliated subadvisers (each a “Subadviser-Delegatee”); provided, however, that (i) Subadviser provides written notice to Investment Manager, (ii) any delegation of advisory duties is subject to and conditioned on the Fund Boards’ and/or Fund shareholder’s approval pursuant to Section 15 of the 1940 Act, (iii) no additional charges, fees or other compensation will be paid for such services, (iv) Subadviser hereby agrees to advise Investment Manager of any changes required to be made to the disclosure in the Fund’s registration statement relating to the Fund’s portfolio managers provided by Subadviser or any Subadviser-Delegatee, and (v) Subadviser always remains liable to the Investment Manager and the Fund for its obligations hereunder regardless whether services hereunder are provided by Subadviser or any Subadviser-Delegatee.  To the extent that such delegation occurs, references to the provision of services by Subadviser herein shall be deemed to include reference to any Subadviser-Delegatee, as the context may require. 

  

  

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their officers designated below as of the day and year first above written. 

  

Columbia Management Investment 

Advisers, LLC 

Baillie Gifford Overseas Limited 

By: 

/s/ David A. Weiss 

  

By: 

/s/ Kathrin Hamilton 

  

Signature 

  

  

Signature 

  

  

Name: 

  

  

David A. Weiss 

  

  

  

Name: 

Kathrin Hamilton 

  

Printed 

  

  

Printed 

  

Title: 

Assistant Secretary  

  

  

Title: 

Director 

  

  

Date:March 11, 2020