0000825202-02-000002 Sample Contracts

INVESTMENT ADVISORY AGREEMENT BETWEEN ROYCE VALUE TRUST, INC. AND ROYCE & ASSOCIATES, INC.
Investment Advisory Agreement • February 28th, 2002 • Royce Value Trust Inc

Agreement made this 1st day of October, 2001, by and between ROYCE VALUE TRUST, INC., a Maryland corporation (the "Fund"), and ROYCE & ASSOCIATES, INC., a New York corporation (the "Adviser").

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