INVESTMENT ADVISORY AGREEMENT AGREEMENT made as of __________, 1996 between WARBURG, PINCUS TAX FREE FUND, INC., a Maryland corporation (herein called the "Company"), and Warburg, Pincus Counsellors, Inc. (herein called the "Investment Advisor")....Investment Advisory Agreement • March 1st, 1996 • Warburg Pincus Tax Free Fund Inc • New York
