FORUM FUNDS INVESTMENT ADVISORY AGREEMENT Appendix A November 1, 2016

FORUM FUNDS
INVESTMENT ADVISORY AGREEMENT
Appendix A
November 1, 2016

	Funds of the Trust			Fee as a % of the Annual Average Daily Net Assets of the Fund
	Xxxxxx Focus Fund			0.80%

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed all as of the day and year first written above.

				FORUM FUNDS
				By:			/s/ Xxxxxxx Xxxxx
							Xxxxxxx Xxxxx
				Title:			President

				XXXXXX ASSET MANAGEMENT, LLC
				By:			/s/ X. Xxxxxxx Xxxxxx
							X. Xxxxxxx Xxxxxx
				Title:			President