0000708950-06-000002 Sample Contracts

INVESTMENT SUBADVISORY AGREEMENT
Investment Subadvisory Agreement • March 1st, 2006 • Calvert Variable Series Inc • Maryland

INVESTMENT SUBADVISORY AGREEMENT, effective September 16, 2005 ("Effective Date"), by and between Calvert Asset Management Company, Inc., a Delaware corporation registered as an investment advisor under the Investment Advisors Act of 1940 (the "Advisor"), and New Amsterdam Partners LLC, a Delaware Limited Liability Company (the "Subadvisor").

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