0000278001-01-500026 Sample Contracts

MANAGEMENT CONTRACT BETWEEN FIDELITY PHILLIPS STREET TRUST: FIDELITY CASH RESERVES AND FIDELITY MANAGEMENT & RESEARCH COMPANY
Management Contract • July 26th, 2001 • Fidelity Phillips Street Trust • Massachusetts

AGREEMENT AMENDED and RESTATED as of this 1st day of January 2001, by and between Fidelity Phillips Street Trust, a Delaware business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Fund"), on behalf of Fidelity Cash Reserves (hereinafter called the "Portfolio"), and Fidelity Management & Research Company, a Massachusetts corporation (hereinafter called the "Adviser") as set forth in its entirety below.

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MANAGEMENT CONTRACT BETWEEN FIDELITY PHILLIPS STREET TRUST: FIDELITY U.S. GOVERNMENT RESERVES AND FIDELITY MANAGEMENT & RESEARCH COMPANY
Management Contract • July 26th, 2001 • Fidelity Phillips Street Trust • Massachusetts

AGREEMENT AMENDED and RESTATED as of this 1st day of January 2001, by and between Fidelity Phillips Street Trust, a Delaware business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Fund"), on behalf of Fidelity U.S. Government Reserves (hereinafter called the "Portfolio"), and Fidelity Management & Research Company, a Massachusetts corporation (hereinafter called the "Adviser") as set forth in its entirety below.

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