EX-99.(D)(II)(B 3 sub-avsry_agrmt.htm AMENDED SCHEDULE A TO INVESTMENT SUB-ADVISORY AGREEMENT BETWEEN THE TRUST, EXCHANGE TRADED CONCEPTS, LLC AND VIDENT INVESTMENT ADVISORY, LLC (CHNA)


SCHEDULE A
to the
INVESTMENT SUB-ADVISORY AGREEMENT
Dated December 23, 2014 by and among
EXCHANGE TRADED CONCEPTS, LLC
and
VIDENT INVESTMENT ADVISORY, LLC
and
ETF SERIES SOLUTIONS

The Adviser will pay to the Sub-Adviser as compensation for the Sub-Adviser's services rendered, a fee, computed daily at an annual rate based on the greater of (1) the minimum fee or (2) the daily net assets of the respective Fund in accordance with the following fee schedule:
Fund
Minimum Fee
Rate
Vident Core U.S. Equity Fund
$50,000
0.04%
AlphaClone Alternative Alpha ETF
$20,000
0.05%
Vident Core U.S. Bond Strategy ETF
$75,000
6 bps (0.06%) on first $250 million
5 bps (0.05%) on next $250 million
4 bps (0.04%) on next $500 million
3 bps (0.03%) on balance over $1 billion
Vident International Equity Fund
$75,000*
8 bps (0.08%) on first $500 million
7 bps (0.07%) on next $500 million
5 bps (0.05%) on balance over $1 billion
Loncar Cancer Immunotherapy ETF
$15,000
0.05%
PPTY – U.S. Diversified Real Estate ETF
$20,000
0.05%
Loncar China BioPharma ETF
$25,000
0.06%
* once assets in the Vident International Equity Fund exceed $1 billion dollars the Fund will be charged 8 basis points (0.08%) for the first $500 million dollars of assets. Should this threshold be crossed during a billing period then the assets will be charged at the lower rate for the remaining days of the billing period and not applied retrospectively.

IN WITNESS WHEREOF, the parties hereto have caused this Schedule A to be signed on their behalf by their duly authorized officers as of August 1, 2018.
EXCHANGE TRADED CONCEPTS, LLC
 
By: /s/ J. Garrett Stevens                                        
Name: J. Garrett Stevens
Title: Chief Executive Officer
 
VIDENT INVESTMENT ADVISORY, LLC
 
By: /s/ Denise Krisko                                              
Name:  Denise Krisko
Title:  President
 
ETF SERIES SOLUTIONS
 
By: /s/ Michael D. Barolsky                                   
Name:  Michael D. Barolsky
Title:  Vice President and Secretary