0000894189-08-001390 Sample Contracts

AMENDMENT TO ADMINISTRATION AGREEMENT
Administration Agreement • April 30th, 2008 • Baird Funds Inc

This Amendment to Administration Agreement is entered into this 30th day of April, 2007 by and between Baird Funds, Inc., a Wisconsin corporation (the “Corporation”), and Robert W. Baird & Co. Incorporated (the “Administrator”). This Amendment amends the Administration Agreement dated September 29, 2000 by and between the Corporation and the Administrator (the “Administration Agreement”).

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DEFICIENCY PAYMENT AGREEMENT
Deficiency Payment Agreement • April 30th, 2008 • Baird Funds Inc • Wisconsin

THIS AGREEMENT is made and entered into as of the 22nd day of February, 2008, by and among FAF Advisors, Inc., a Delaware corporation (“FAF”), U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”), and Baird Funds, Inc., a Wisconsin corporation (“Baird”).

EXPENSE CAP/REIMBURSEMENT AGREEMENT
Expense Cap/Reimbursement Agreement • April 30th, 2008 • Baird Funds Inc

This Agreement is entered into as of the 1st day of January, 2008 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”).

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