0000797136-15-000041 Sample Contracts

AMENDED INVESTMENT ADVISORY AGREEMENT FAM SMALL CAP FUND
Investment Advisory Agreement • December 31st, 2015 • Fenimore Asset Management Trust

THIS AMENDED INVESTMENT ADVISORY AGREEMENT, made by and between Fenimore Asset Management Trust (the "Trust"), a Massachusetts business trust, and Fenimore Asset Management, Inc. ("FAM"), a New York corporation:

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FUND ACCOUNTING AGREEMENT BETWEEN FAM SHAREHOLDER SERVICES, INC. AND FENIMORE ASSET MANAGEMENT TRUST INSTITUTIONAL SHARES
Fund Accounting • December 31st, 2015 • Fenimore Asset Management Trust • New York

AGREEMENT dated as of January 1, 2016, between Fenimore Asset Management Trust, a Massachusetts business trust (the “Trust”), on behalf of each of its investment series listed on Schedule A hereto (the “Funds”), and FAM Shareholder Services Inc., a New York corporation (the “Company”), with respect to Institutional Shares of the Funds.

AMENDED INVESTMENT ADVISORY AGREEMENT FAM VALUE FUND
Investment Advisory Agreement • December 31st, 2015 • Fenimore Asset Management Trust

THIS AMENDED INVESTMENT ADVISORY AGREEMENT, made by and between Fenimore Asset Management Trust (the “Trust), a Massachusetts business trust, and Fenimore Asset Management, Inc., (“FAM”), a New York corporation:

SHAREHOLDER ACCOUNT SERVICES AGREEMENT BETWEEN FAM SHAREHOLDER SERVICES, INC. AND FENIMORE ASSET MANAGEMENT TRUST INVESTOR SHARES
Shareholder Account Services Agreement • December 31st, 2015 • Fenimore Asset Management Trust • New York

AGREEMENT dated as of January 1, 2016 between Fenimore Asset Management Trust, a Massachusetts business trust (the “Trust”), on behalf of its investment series listed on Schedule A hereto (the “Funds”) and FAM Shareholder Services Inc., a New York corporation (the “Company”), with respect to Investor Shares of the Funds.

SHAREHOLDER ACCOUNT SERVICES AGREEMENT BETWEEN FAM SHAREHOLDER SERVICES, INC. AND FENIMORE ASSET MANAGEMENT TRUST INSTITUTIONAL SHARES
Shareholder Account Services Agreement • December 31st, 2015 • Fenimore Asset Management Trust • New York

AGREEMENT dated as of January 1, 2016 between Fenimore Asset Management Trust, a Massachusetts business trust (the “Trust”), on behalf of its investment series listed on Schedule A hereto (the “Funds”) and FAM Shareholder Services Inc., a New York corporation (the “Company”), with respect to Institutional Shares of the Funds.

BUSINESS MANAGEMENT AGREEMENT BETWEEN FENIMORE ASSET MANAGEMENT, INC. AND FENIMORE ASSET MANAGEMENT TRUST
Business Management • December 31st, 2015 • Fenimore Asset Management Trust • New York

AGREEMENT dated as of January 1, 2016, between Fenimore Asset Management Trust, a Massachusetts business trust (the “Trust”), on behalf of its investment series listed on Schedule A hereto (the “Funds”), and Fenimore Asset Management, Inc., a New York corporation (the “Company”).

DISTRIBUTION AGREEMENT
Distribution Agreement • December 31st, 2015 • Fenimore Asset Management Trust • New York

AGREEMENT made as of this 1st day of January, 2002, between Fenimore Asset Management Trust (the “Trust”), and Fenimore Securities Inc. (the “Distributor”).

EXPENSE LIMITATION AGREEMENT FOR FENIMORE ASSET MANAGEMENT TRUST
Expense Limitation Agreement • December 31st, 2015 • Fenimore Asset Management Trust

THIS AGREEMENT, dated as of January 1, 2016, is made and entered into by and between Fenimore Asset Management Trust, a Massachusetts business trust (the “Trust”), on behalf of each of its series set forth on Schedule A attached hereto (the “Funds”), and Fenimore Asset Management, Inc. (the “Adviser”).

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