0000869179-06-000003 Sample Contracts

ADVISORY AGREEMENT
Advisory Agreement • March 13th, 2006 • Ambassador Funds /

THIS AGREEMENT is made as of the Effective Date described in Section 8 by and between AMBASSADOR FUNDS, a Delaware statutory trust (the “Trust”), and AMBASSADOR CAPITAL MANAGEMENT, L.L.C., a Michigan Limited Liability Company (the “Adviser”).

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AMBASSADOR FUNDS AMENDMENT TO THE TRANSFER AGENT SERVICING AGREEMENT
Transfer Agent Servicing Agreement • March 13th, 2006 • Ambassador Funds /

THIS AMENDMENT, dated as of the Effective Date set forth below, to the Transfer Agent Servicing Agreement, dated August 1, 2003, is entered by and between Ambassador Funds, a Delaware statutory trust (the “Trust”) and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”).

AMBASSADOR FUNDS AMENDMENT TO THE CUSTODY AGREEMENT
Custody Agreement • March 13th, 2006 • Ambassador Funds /

THIS AMENDMENT, dated this as of the Effective Date set forth below, to the Custody Agreement, dated as of August 1, 2003, is made by and between Ambassador Funds, a Delaware statutory trust (the “Trust”) and U.S. Bank, N.A., a national banking association (the “Custodian”).

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