0000932471-12-004645 Sample Contracts

FIFTH AMENDED AND RESTATED FUNDS’ SERVICE AGREEMENT
Funds’ Service Agreement • May 29th, 2012 • Vanguard Specialized Funds

This Fifth Amended and Restated Funds’ Service Agreement, made as of the 8th day of June, 2009 (the “Agreement”), between and among the investment companies registered under the Investment Company Act of 1940 (“1940 Act”), whose names are set forth on the signature page of this Agreement, which together with any additional investment companies which may become a party to this Agreement pursuant to Section 5.4 and 5.5 are collectively called the “Funds”; and The Vanguard Group, Inc., a Pennsylvania corporation (“Service Company”).

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 29th, 2012 • Vanguard Specialized Funds • Delaware

THIS AGREEMENT is made as of this 1st day of February, 2006, between Vanguard Specialized Funds, a Delaware statutory trust (the “Trust”), and M&G Investment Management Limited, a corporation organized under the laws of England and authorized and regulated by the Financial Services Authority of the United Kingdom (the “Advisor”).

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