INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • January 29th, 2016 • Boulder Growth & Income Fund • Colorado
Contract Type FiledJanuary 29th, 2016 Company JurisdictionTHIS INVESTMENT ADVISORY AGREEMENT (this "Agreement") is made as of the 20th day of March, 2015, by and among STEWART WEST INDIES TRADING CO., LTD. (aka Stewart Investment Advisers), a Barbados international business company (the "Adviser") and BOULDER GROWTH & INCOME FUND, INC., a Maryland corporation (the "Fund").