INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • February 24th, 2010 • Vanguard Trustees' Equity Fund • Delaware
Contract Type FiledFebruary 24th, 2010 Company JurisdictionAGREEMENT made as of this 26 day of February, 2007, between Vanguard Trustees' Equity Funds, a Delaware statutory trust (the "Trust"), and Hansberger Global Investors, Inc., a Delaware corporation (the "Advisor").