0000894189-06-000960 Sample Contracts

CUSTODY AGREEMENT
Custody Agreement • April 27th, 2006 • Baird Funds Inc • Wisconsin

The Shareholder Communications Act of 1985 requires banks and trust companies to make an effort to permit direct communication between a company which issues securities and the shareholder who votes those securities.

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FUND ACCOUNTING SERVICING AGREEMENT
Fund Accounting Servicing Agreement • April 27th, 2006 • Baird Funds Inc • Wisconsin

THIS AGREEMENT is made and entered into as of this 15th day of August, 2005, by and between Robert W. Baird & Co. Incorporated, a Wisconsin corporation (the “Advisor”), Baird Funds, Inc., a Wisconsin corporation (the “Company”), and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”).

SECURITIES LENDING AGREEMENT Customer Agreement
Securities Lending Agreement • April 27th, 2006 • Baird Funds Inc • Minnesota

AGREEMENT, made as of this _____ day of __________ 2006, by and between U.S. Bancorp Asset Management, Inc., a Delaware corporation (hereinafter referred to as “USBAM”), and Baird Funds, Inc. (“Baird Funds”) a Wisconsin corporation, on behalf of each respective series identified in Exhibit A attached hereto (each such series hereinafter referred to as a separate “Customer”).

FUND ADMINISTRATION SERVICING AGREEMENT
Fund Administration Servicing Agreement • April 27th, 2006 • Baird Funds Inc • Wisconsin

THIS AGREEMENT is made and entered into as of this 15th day of August, 2005, by and between Robert W. Baird & Co. Incorporated, a Wisconsin corporation (the “Advisor”), Baird Funds, Inc., a Wisconsin corporation (the “Company”), and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”).

EXPENSE CAP/REIMBURSEMENT AGREEMENT
Expense Cap/Reimbursement Agreement • April 27th, 2006 • Baird Funds Inc

This Agreement is entered into as of the 1st day of January, 2006 between Robert W. Baird & Co. Incorporated (the “Advisor”) and Baird Funds, Inc. (the “Corporation”), on behalf of the Baird LargeCap Fund (the “LargeCap Fund”), Baird MidCap Fund (the “MidCap Fund”) and the Baird SmallCap Fund (the “SmallCap Fund”; the LargeCap Fund, MidCap Fund and SmallCap Fund are hereinafter referred to collectively as the “Funds” and individually as a “Fund”).

TRANSFER AGENT SERVICING AGREEMENT
Transfer Agent Servicing Agreement • April 27th, 2006 • Baird Funds Inc • Wisconsin

THIS AGREEMENT is made and entered into as of this 15th day of August, 2005, by and between Robert W. Baird & Co. Incorporated, a Wisconsin corporation (the “Advisor”), Baird Funds, Inc., a Wisconsin corporation (the “Company”), and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”).

PROSPECT SERVICING AGREEMENT
Prospect Servicing Agreement • April 27th, 2006 • Baird Funds Inc • Wisconsin

THIS AGREEMENT is made and entered into as of this 15th day of August, 2005, by and between Baird Funds, Inc., a Wisconsin corporation (the “Company”), U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”), and, with respect to Section 4 only, Robert W. Baird & Co. Incorporated, a Wisconsin corporation (the “Advisor”).

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