0000320351-01-500015 Sample Contracts

MANAGEMENT CONTRACT BETWEEN FIDELITY SELECT PORTFOLIOS: NATURAL RESOURCES PORTFOLIO AND FIDELITY MANAGEMENT & RESEARCH COMPANY
Management Contract • March 30th, 2001 • Fidelity Select Portfolios • Massachusetts

AGREEMENT AMENDED and RESTATED as of this 1st day of April 2001, by and between Fidelity Select Portfolios, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Fund"), on behalf of Natural Resources Portfolio (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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SUB-ADVISORY AGREEMENT BETWEEN FIDELITY MANAGEMENT & RESEARCH COMPANY AND FIDELITY MANAGEMENT & RESEARCH (U.K.) INC. AND FIDELITY SELECT PORTFOLIOS: ON BEHALF OF NATURAL RESOURCES PORTFOLIO
Sub-Advisory Agreement • March 30th, 2001 • Fidelity Select Portfolios • Massachusetts

AMENDMENT made this 1st day of April, 2001, by and between Fidelity Management & Research Company, a Massachusetts corporation with principal offices at 82 Devonshire Street, Boston, Massachusetts (hereinafter called the "Advisor"); Fidelity Management & Research (U.K.) Inc. (hereinafter called the "Sub-Advisor"); and Fidelity Select Portfolios, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Trust") on behalf of Natural Resources Portfolio (hereinafter called the "Portfolio").

FORM OF SUB-ADVISORY AGREEMENT between FMR CO., INC. and FIDELITY MANAGEMENT & RESEARCH COMPANY
Sub-Advisory Agreement • March 30th, 2001 • Fidelity Select Portfolios • Massachusetts

AGREEMENT made this ___ day of _______, 200_, by and between FMR Co., Inc., a Massachusetts corporation with principal offices at 82 Devonshire Street, Boston, Massachusetts (hereinafter called the ´´Sub-Adviser") and Fidelity Management & Research Company, a Massachusetts corporation with principal offices at 82 Devonshire Street, Boston, Massachusetts (hereinafter called the ´´Adviser").

FORM OF RESEARCH AGREEMENT between FIDELITY MANAGEMENT & RESEARCH (Far East), INC. and FIDELITY INVESTMENTS JAPAN LIMITED
Research Agreement • March 30th, 2001 • Fidelity Select Portfolios • Massachusetts

AGREEMENT made this ___ day of ________, 200_, by and between Fidelity Management & Research (Far East), Inc., a Massachusetts corporation (the "Sub-Advisor"); and Fidelity Investments Japan Limited, a Japanese corporation (the "Japan Sub-Advisor").

Form of FIDELITY GROUP REPO CUSTODIAN AGREEMENT FOR JOINT TRADING ACCOUNT
Repo Custodian Agreement • March 30th, 2001 • Fidelity Select Portfolios • New York

AGREEMENT dated as of ______, among THE BANK OF NEW YORK, a banking corporation organized under the laws of the State of New York ("Repo Custodian"), J.P. MORGAN SECURITIES INC. ("Seller") and each of the entities listed on Schedule A-1, A-2, A-3 and A-4 (collectively, the "Funds" and each a "Fund") hereto, acting on behalf of itself or (i) in the case of the Funds listed on Schedule A-1 or A-2 hereto which are portfolios or series, acting through the series company listed on Schedule A-1 or A-2 hereto, (ii) in the case of the accounts listed on Schedule A-3 hereto, acting through Fidelity Management & Research Company, and (iii) in the case of the commingled or individual accounts listed on Schedule A-4 hereto, acting through Fidelity Management Trust Company (collectively, the "Funds" and each, a "Fund").

Form of CUSTODIAN AGREEMENT Dated as of: _______________ Between Each of the Investment Companies Listed on Appendix "A" Attached Hereto and Brown Brothers Harriman & Company
Custodian Agreement • March 30th, 2001 • Fidelity Select Portfolios

AGREEMENT made as of the ___________ day of ________, _____ between each of the Investment Companies Listed on Appendix "A" hereto, as the same may be amended from time to time (each a "Fund" and collectively the "Funds") and Brown Brothers Harriman & Company (the "Custodian").

SUB-ADVISORY AGREEMENT BETWEEN FIDELITY MANAGEMENT & RESEARCH COMPANY AND FIDELITY MANAGEMENT & RESEARCH (Far East) INC. AND FIDELITY SELECT PORTFOLIOS: ON BEHALF OF NATURAL RESOURCES PORTFOLIO
Sub-Advisory Agreement • March 30th, 2001 • Fidelity Select Portfolios • Massachusetts

AMENDMENT made this 1st day of April, 2001, by and between Fidelity Management & Research Company, a Massachusetts corporation with principal offices at 82 Devonshire Street, Boston, Massachusetts (hereinafter called the "Advisor"); Fidelity Management & Research (Far East) Inc. (hereinafter called the "Sub-Advisor"); and Fidelity Select Portfolios, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Trust") on behalf of Natural Resources Portfolio (hereinafter called the "Portfolio").

SUB-ADVISORY AGREEMENT BETWEEN FIDELITY MANAGEMENT & RESEARCH COMPANY AND FIDELITY MANAGEMENT & RESEARCH (Far East) INC. AND FIDELITY SELECT PORTFOLIOS: ON BEHALF OF DEFENSE AND AEROSPACE PORTFOLIO
Sub-Advisory Agreement • March 30th, 2001 • Fidelity Select Portfolios • Massachusetts

AMENDMENT made this 1st day of April, 2001, by and between Fidelity Management & Research Company, a Massachusetts corporation with principal offices at 82 Devonshire Street, Boston, Massachusetts (hereinafter called the "Advisor"); Fidelity Management & Research (Far East) Inc. (hereinafter called the "Sub-Advisor"); and Fidelity Select Portfolios, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Trust") on behalf of Defense and Aerospace Portfolio (hereinafter called the "Portfolio").

Form of JOINT TRADING ACCOUNT CUSTODY AGREEMENT
Joint Trading Account Custody Agreement • March 30th, 2001 • Fidelity Select Portfolios

AGREEMENT dated as of ___________ by and between The Bank of New York (hereinafter referred to as the "Custodian") and each of the entities listed on Schedules A-1, A-2, A-3 and A-4 hereto, acting on behalf of itself or, (i) in the case of a series company, on behalf of one or more of its portfolios or series listed on Schedule A-1 or A-2 hereto, (ii) in the case of the accounts listed on Schedule A-3 hereto, acting through Fidelity Management & Research Company, and (iii) in the case of the commingled or individual accounts listed on Schedule A-4 hereto, acting through Fidelity Management Trust Company (collectively, the "Funds" and each, a "Fund").

FORM OF GENERAL DISTRIBUTION AGREEMENT between FIDELITY SELECT PORTFOLIOS and FIDELITY DISTRIBUTORS CORPORATION
General Distribution Agreement • March 30th, 2001 • Fidelity Select Portfolios • Massachusetts

Agreement made this ___ day of , 200 , between Fidelity Select Portfolios, a Massachusetts business trust having its principal place of business in Boston, Massachusetts and which may issue one or more series of beneficial interest ("Issuer"), with respect to shares of Pharmaceuticals Portfolio, a series of the Issuer, and Fidelity Distributors Corporation, a Massachusetts corporation having its principal place of business in Boston, Massachusetts ("Distributors").

SUB-ADVISORY AGREEMENT BETWEEN FIDELITY MANAGEMENT & RESEARCH COMPANY AND FIDELITY MANAGEMENT & RESEARCH (U.K.) INC. AND FIDELITY SELECT PORTFOLIOS: ON BEHALF OF CONSTRUCTION AND HOUSING PORTFOLIO
Sub-Advisory Agreement • March 30th, 2001 • Fidelity Select Portfolios • Massachusetts

AMENDMENT made this 1st day of April, 2001, by and between Fidelity Management & Research Company, a Massachusetts corporation with principal offices at 82 Devonshire Street, Boston, Massachusetts (hereinafter called the "Advisor"); Fidelity Management & Research (U.K.) Inc. (hereinafter called the "Sub-Advisor"); and Fidelity Select Portfolios, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Trust") on behalf of Contruction and Housing Portfolio (hereinafter called the "Portfolio").

MANAGEMENT CONTRACT BETWEEN FIDELITY SELECT PORTFOLIOS: MONEY MARKET PORTFOLIO AND FIDELITY MANAGEMENT & RESEARCH COMPANY
Management Contract • March 30th, 2001 • Fidelity Select Portfolios • Massachusetts

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

Form Of [Fidelity Funds Letterhead]
Addendum to Custodian Agreement • March 30th, 2001 • Fidelity Select Portfolios

This letter agreement shall serve as an addendum to the Custodian Agreement (the "Custodian Agreement"), effective as of ___________________, between Brown Brothers Harriman & Company (the "Custodian") and each of the Investment Companies listed on Appendix "A" attached thereto, as the same may be amended from time to time (each a "Fund" and collectively, the "Funds"), on behalf of each of their respective series portfolios listed on such Appendix "A" (each a "Portfolio" and collectively, the "Portfolios"). This Addendum shall also apply to any future Fund or Portfolio added to Appendix A in accordance with the terms of the Custodian Agreement. Capitalized terms not otherwise defined herein shall have the meanings specified in the Custodian Agreement.

Form of FIRST AMENDMENT TO JOINT TRADING ACCOUNT CUSTODY AGREEMENT BETWEEN THE BANK OF NEW YORK AND FIDELITY FUNDS
Joint Trading Account Custody Agreement • March 30th, 2001 • Fidelity Select Portfolios

FIRST AMENDMENT TO JOINT TRADING ACCOUNT CUSTODY AGREEMENT BETWEEN THE BANK OF NEW YORK AND FIDELITY FUNDS, dated as of _______, by and between THE BANK OF NEW YORK ("Custodian") and each of the entities listed on SchedulesA-1, A-2, A-3 and A-4 hereto on behalf of itself or, (i) in the case of a series company, on behalf of one or more of its portfolios or series listed on SchedulesA-1 or A-2 hereto, (ii) in the case of the accounts listed on Schedule A-3 hereto, acting through Fidelity Management & Research Company, and (iii)in the case of the commingled or individual accounts listed on Schedule A-4 hereto, acting through Fidelity Management Trust Company (collectively, the "Funds" and each, a "Fund").

Form of JOINT TRADING ACCOUNT CUSTODY AGREEMENT Between THE BANK OF NEW YORK and FIDELITY FUNDS Dated as of: _________
Joint Trading Account Custody Agreement • March 30th, 2001 • Fidelity Select Portfolios
Form of JOINT TRADING ACCOUNT CUSTODY AGREEMENT Between THE BANK OF NEW YORK and FIDELITY FUNDS Dated as of: _________
Joint Trading Account Custody Agreement • March 30th, 2001 • Fidelity Select Portfolios
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