0000899681-07-000142 Sample Contracts

SPECTRA FUND INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • February 23rd, 2007 • Spectra Fund

Agreement, made as of December 12, 2006 by and between SPECTRA FUND, a Massachusetts business trust (hereinafter sometimes called the “Trust”), and FRED ALGER MANAGEMENT, INC., a New York corporation (hereinafter sometimes called “Alger Management”).

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THE SPECTRA FUND ADMINISTRATION AGREEMENT
Administration Agreement • February 23rd, 2007 • Spectra Fund

The Spectra Fund (the “Fund”), an unincorporated business Trust organized under the laws of the Commonwealth of Massachusetts, on behalf of the portfolios named on Schedule I hereto, as such Schedule may be revised from time to time (each, a “Portfolio”), herewith confirms its agreement with you as follows:

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