0000884110-03-000001 Sample Contracts

INVESTMENT SUBADVISORY AGREEMENT
Investment Subadvisory Agreement • January 30th, 2003 • Calvert World Values Fund Inc • Maryland

INVESTMENT SUBADVISORY AGREEMENT, effective March 8, 2002, by and between Calvert Asset Management Company, Inc., a Delaware corporation registered as an investment advisor under the Investment Advisers Act of 1940 (the "Advisor"), and Grantham, Mayo, Van Otterloo & Co. LLC, a Massachusetts limited liability company (the "Subadvisor").

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