0000102681-03-000005 Sample Contracts

Exhibit 10ii REIMBURSEMENT AGREEMENT The Valley Forge Fund, Inc. reimburses officers and directors not affiliated with the Investment Adviser to compensate for travel expenses associated with performance of their duties. A total of $2,584 was paid in...
Reimbursement Agreement • February 28th, 2003 • Valley Forge Fund Inc

The Valley Forge Fund, Inc. reimburses officers and directors not affiliated with the Investment Adviser to compensate for travel expenses associated with performance of their duties. A total of $2,584 was paid in this regard in 2002. As the Fund grows in total assets, the Board of Directors may authorize salaries commensurate with their duties.

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