0000892712-04-000672 Sample Contracts

EXPENSE CAP/REIMBURSEMENT AGREEMENT
Expense Cap/Reimbursement Agreement • June 30th, 2004 • Baird Funds Inc

This Agreement is entered into as of the 24th day of June, 2004 between Robert W. Baird & Co. Incorporated (the “Advisor”) and Baird Funds, Inc. (the “Corporation”) on behalf of the Baird SmallCap Fund (the “Fund”), a series of the Corporation.

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