0000930413-10-005766 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • November 22nd, 2010 • Van Eck Funds • New York

AGREEMENT made this 29th day of May, 2009 between Van Eck Associates Corporation, a corporation organized under the laws of the State of Delaware and having its principal place of business in New York, New York (the “Adviser”), and Van Eck Funds, a Massachusetts business trust having its principal place of business in New York, New York (the “Trust”).

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Van Eck Funds 335 Madison Avenue – 19th Floor New York, New York 10017
Van Eck Funds • November 22nd, 2010

Pursuant to Section 1 of the Distribution Agreement, dated July 30, 1985 (the “Agreement”), between Van Eck Funds (the “Trust”) and Van Eck Securities Corporation (the “Distributor”), please be advised that the Trust has established two additional series of the Trust, namely, Van Eck CM Commodity Index Fund and Van Eck Long/Flat Commodity Index Fund (collectively, the “Funds”). The Funds have adopted the Agreement and retained the Distributor to render services contemplated by the Agreement for the Funds.

VAN ECK FUNDS AMENDMENT NO. 26 TO THE AMENDED AND RESTATED MASTER TRUST AGREEMENT
Master Trust Agreement • November 22nd, 2010 • Van Eck Funds

Amendment No. 26 to the Amended and Restated Master Trust Agreement dated February 6, 1992, as amended (the “Agreement”) of Van Eck Funds (the “Trust”), made at New York, New York, this 22nd day of November, 2010.

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