Agreement for Administrative Services This contract is for federated funds only. (revised as of 2/25/11)

Exhibit 28h(16) under Form N-1A

Exhibit 10 under Item 601/Reg. S-K

Agreement for Administrative Services

EXHIBIT 1

This contract is for federated funds only.

(revised as of 2/25/11)

CONTRACT

DATE                      INVESTMENT COMPANY

11/1/03                      Federated U.S. Government Securities Fund: 2-5 Years

11/1/03                                           Class R Shares

11/1/03                                           Institutional Service Shares

11/1/03                                           Institutional Shares