0000932471-05-000925 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 26th, 2005 • Vanguard Fixed Income Securities Funds

AGREEMENT made as of this 1st day of May, 2005, by and between VANGUARD FIXED INCOME SECURITIES FUNDS, a Delaware Statutory Trust (the “Trust”) and WELLINGTON MANAGEMENT COMPANY, LLP, a Massachusetts Partnership (the “Advisor”).

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AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 26th, 2005 • Vanguard Fixed Income Securities Funds • Delaware

THIS AGREEMENT is made as of this 1st day of May, 2005, between Vanguard Fixed Income Securities Funds, a Delaware statutory trust (the “Trust”), and Wellington Management Company, LLP (the “Advisor”), a Massachusetts partnership.

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