0000932471-14-006456 Sample Contracts

INVESTMENT ADVISORY AGREEMENT

Investment Advisory Agreement • August 15th, 2014 • Vanguard Explorer Fund • Delaware

• Contract Type
  Investment Advisory Agreement
• Filed
  August 15th, 2014
• Company
  Vanguard Explorer Fund
• Jurisdiction
  Delaware

THIS AGREEMENT is made as of this 16th day of June, 2014, between Vanguard Explorer Fund, a Delaware statutory trust (the “Trust”), and Arrowpoint Asset Management, LLC (the “Advisor”), a Delaware limited liability company.