EX-99.(D)(7) 3 ea023109101_ex99d7.htm EXHIBIT (D)(7)

Exhibit (d)(7)

 

Schedule A

to the

Sub-Advisory Agreement

by and between

Exchange Traded Concepts LLC

and

Madison Avenue Financial Solutions, LLC1

 

EXCHANGE TRADED CONCEPTS TRUST

 

Sub-Advisory Fee. Pursuant to Section 4, the Adviser shall pay the Sub-Adviser compensation at an annual rate based on a percentage of the average daily net assets of each Fund as follows:

 

Fund Rate Effective Date
ETC 6 Meridian Low Beta Equity Strategy ETF 0.19% January 1, 2025*
ETC 6 Meridian Mega Cap Equity ETF 0.19% January 1, 2025*
ETC 6 Meridian Small Cap Equity ETF 0.19% January 1, 2025*
ETC 6 Meridian Hedged Equity-Index Option Strategy ETF 0.19% January 1, 2025*
ETC 6 Meridian Quality Growth ETF 0.19% January 1, 2025**
ETC 6 Meridian Quality Dividend Yield ETF 0.19% January 1, 2025**
ETC 6 Meridian Quality Value ETF 0.19% January 1, 2025**
*Initially effective on May 6, 2020 pursuant to an agreement that automatically terminated as a result of a change in control.
**Initially effective on May 7, 2021 pursuant to an agreement that automatically terminated as a result of a change in control.

 

Agreed and Accepted on January 1, 2025:

 

ADVISER:   SUB-ADVISER:
         
Exchange Traded Concepts, LLC   Madison Avenue Financial Solutions, LLC
     
By: /s/ J. Garrett Stevens   By: /s/ Scot Kees
Name:  J. Garrett Stevens   Name:  Scot Kees
Title: Chief Executive Officer   Title: Chief Administrative Officer

 

 

1Effective November 1, 2022, the sub-advisory services provided to the Funds by Hightower 6M Holding, LLC (“6M”) transitioned to Madison Avenue Financial Solutions, LLC (“Madison Avenue”) as part of an internal reorganization by Hightower Holding, LLC, which wholly owns both 6M and Madison Avenue.