0000929638-05-000094 Sample Contracts

BETWEEN
Investment Advisory Agreement • April 11th, 2005 • CRM Mutual Fund Trust • Delaware
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FORM OF
Expense Limitation Agreement • April 11th, 2005 • CRM Mutual Fund Trust

This Expenses Limitation Agreement is hereby entered into as of _________ __, 2005 between Cramer Rosenthal McGlynn, LLC ("CRM") and CRM Mutual Fund Trust (the "Trust"), on behalf of the portfolios listed on Exhibit A attached hereto (the "Funds")

OF
CRM Mutual Fund Trust • April 11th, 2005 • Delaware
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