0000932471-11-001971 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • March 21st, 2011 • Vanguard Convertible Securities Fund • Delaware

THIS AGREEMENT is made as of this 1st day of March, 2011, between Vanguard Convertible Securities Fund, a Delaware statutory trust (the “Trust”), and Oaktree Capital Management, L.P., a Delaware limited partnership (the “Advisor”).

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