INVESTMENT ADVISORY AGREEMENT Warburg, Pincus Counsellors, Inc. 466 Lexington Avenue New York, New York 10017-3147 Dear Sirs: Warburg, Pincus Small Company Value Fund, Inc. (the "Fund"), a corporation organized and existing under the laws of the State...Investment Advisory Agreement • December 19th, 1995 • Warburg Pincus Small Co Value Fund Inc
