0000950134-01-509875 Sample Contracts

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Participation Agreement • December 28th, 2001 • Berger Institutional Products Trust • Delaware
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Administrative Services Agreement • December 28th, 2001 • Berger Institutional Products Trust • Colorado
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Investment Advisory Agreement • December 28th, 2001 • Berger Institutional Products Trust • Colorado
December 31, 2001
Berger Institutional Products Trust • December 28th, 2001

As you know, Section 4 of our Investment Advisory Agreement, dated December 31, 2001 (the "Agreement"), provides for compensation to Berger LLC ("Berger") with respect to the series of the Trust known as the Berger IPT-Large Cap Value Fund (the "Fund"). Berger hereby agrees to waive all or a portion of its fee under the Agreement and further to reimburse the Fund for expenses as follows:

December 31, 2001
Berger Institutional Products Trust • December 28th, 2001

As you know, Section 6 of our Investment Advisory Agreement, dated December 31, 2001 (the "Agreement"), provides for compensation to Berger LLC ("Berger") with respect to the series of the Trust known as the Berger IPT-Mid Cap Value Fund (the "Fund"). Berger hereby agrees to waive all or a portion of its fee under the Agreement and further to reimburse the Fund for expenses as follows:

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