0000898432-10-001311 Sample Contracts

FORM OF FORUM FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • October 5th, 2010 • Forum Funds • Delaware

AGREEMENT made as of ____________, 2010, by and between Forum Funds, a Delaware statutory trust, with its principal office and place of business at Three Canal Plaza, Suite 600, Portland, Maine 04101 (the “Trust”), and ICICI Securities Holdings Inc. [D/B/A ICICI Investment Advisors], a _____________ corporation, with its principal office and place of business at 415 Madison Avenue, Suite 1427, New York, NY 10017 (the “Adviser”).

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D/B/A ICICI Investment Advisors]
Forum Funds • October 5th, 2010

This agreement can only be terminated or amended upon the approval of the Forum Funds Board of Trustees and is automatically terminated if the Adviser is no longer a service provider to the Fund. Unless otherwise amended or terminated, this agreement will terminate on ____, 2012.

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