Nuveen Arizona Dividend Advantage Municipal Fund 3 Sample Contracts

WITNESSETH ----------
Investment Management Agreement • August 22nd, 2002 • Nuveen Arizona Dividend Advantage Municipal Fund 3
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UNDERWRITING AGREEMENT
Underwriting Agreement • January 24th, 2011 • Nuveen Arizona Dividend Advantage Municipal Fund 3 • New York
NUVEEN ARIZONA DIVIDEND ADVANTAGE MUNICIPAL FUND 3 RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • March 1st, 2010 • Nuveen Arizona Dividend Advantage Municipal Fund 3

This Agreement made this 31st day of July 2008 by and between Nuveen Arizona Dividend Advantage Municipal Fund 3, a Massachusetts business trust (the “Fund”), and Nuveen Asset Management, a Delaware corporation (the “Adviser”), to be effective August 1, 2008.

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • March 1st, 2010 • Nuveen Arizona Dividend Advantage Municipal Fund 3 • Illinois

AGREEMENT made this 13th day of November 2007, by and between Nuveen Arizona Dividend Advantage Municipal Fund 3, a Massachusetts business trust (the “Fund”), and NUVEEN ASSET MANAGEMENT, a Delaware corporation (the “Adviser”).

I. GENERAL
Master Agreement • November 6th, 2002 • Nuveen Arizona Dividend Advantage Municipal Fund 3 • New York
UNDERWRITING AGREEMENT
Underwriting Agreement • September 24th, 2002 • Nuveen Arizona Dividend Advantage Municipal Fund 3 • Arizona
NUVEEN ARIZONA DIVIDEND ADVANTAGE MUNICIPAL FUND 3 RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • March 1st, 2010 • Nuveen Arizona Dividend Advantage Municipal Fund 3

This Agreement made this 28th day of May 2009 by and between Nuveen Arizona Dividend Advantage Municipal Fund 3, a Massachusetts business trust (the “Fund”), and Nuveen Asset Management, a Delaware corporation (the “Adviser”);

INVESTMENT SUB-ADVISORY AGREEMENT (Nuveen Closed-End Municipal Bond Funds)
Investment Sub-Advisory Agreement • January 24th, 2011 • Nuveen Arizona Dividend Advantage Municipal Fund 3 • Illinois

THIS AGREEMENT is made as of the 31st day of December, 2010, between Nuveen Fund Advisors, Inc., a Delaware corporation (the “Adviser”), and Nuveen Asset Management, LLC a Delaware limited liability company (the “Sub-Adviser”).

WITNESSETH:
Nuveen Arizona Dividend Advantage • September 24th, 2002 • Nuveen Arizona Dividend Advantage Municipal Fund 3
NUVEEN ARIZONA DIVIDEND ADVANTAGE MUNICIPAL FUND 3 RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT
Agreement • January 24th, 2011 • Nuveen Arizona Dividend Advantage Municipal Fund 3

This Agreement made this 26th day of May 2010 by and between Nuveen Arizona Dividend Advantage Municipal Fund 3, a Massachusetts business trust (the “Fund”), and Nuveen Asset Management, a Delaware corporation (the “Adviser”);

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