0000894189-09-001287 Sample Contracts

PROFESSIONALLY MANAGED PORTFOLIOS INTERIM INVESTMENT ADVISORY AGREEMENT with Brown Investment Advisory Incorporated

Interim Investment Advisory Agreement • April 28th, 2009 • Professionally Managed Portfolios • Delaware

• Contract Type
  Interim Investment Advisory Agreement
• Filed
  April 28th, 2009
• Company
  Professionally Managed Portfolios
• Jurisdiction
  Delaware

THIS INVESTMENT ADVISORY AGREEMENT is made as of the 31st day of March, 2009 by and between Professionally Managed Portfolios, a Massachusetts business trust (hereinafter called the “Trust”), on behalf of the series of the Trust listed on Schedule A as may be amended from time to time (each a “Fund”, collectively the “Funds”) and Brown Investment Advisory Incorporated (the “Advisor”).

PROFESSIONALLY MANAGED PORTFOLIOS INTERIM OPERATING EXPENSES LIMITATION AGREEMENT

Operating Expenses Limitation Agreement • April 28th, 2009 • Professionally Managed Portfolios • Delaware

• Contract Type
  Operating Expenses Limitation Agreement
• Filed
  April 28th, 2009
• Company
  Professionally Managed Portfolios
• Jurisdiction
  Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 31st day of March, 2009, by and between Professionally Managed Portfolios, a Massachusetts business trust (the “Trust”), on behalf of each series of the Trust listed on Schedule A, as may be amended from time to time (each a “Fund” and collectively, the “Funds”) and Brown Investment Advisory Incorporated (the “Advisor”).