INVESTMENT ADVISORY AGREEMENT AGREEMENT made as of this 1st day of April, 2007, between VANGUARD FENWAY FUNDS, a Delaware statutory trust (the "Trust"), and PRIMECAP MANAGEMENT COMPANY, a California corporation (the "Advisor"). W I T N E S S E T H...Investment Advisory Agreement • November 24th, 2009 • Vanguard Fenway Funds • Delaware
