0000950152-08-002749 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • April 14th, 2008 • Hirtle Callaghan Trust • Delaware

AGREEMENT made this ___ day of ___, 2008 between HIRTLE CALLAGHAN & CO., INC., a Delaware corporation (“Hirtle Callaghan” or “Adviser”) and THE HIRTLE CALLAGHAN TRUST, a Delaware statutory trust (the “Trust”).

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Hirtle Callaghan Trust Amendment No. 1 to the Investment Advisory Agreement
Investment Advisory Agreement • April 14th, 2008 • Hirtle Callaghan Trust

Amendment No. 1 made as of March 11, 2008 to the Investment Advisory Agreement (“Agreement”) between Hirtle Callaghan Trust (the “Trust”) and Hirtle Callaghan & Co., Inc. (“Hirtle Callaghan”) dated December 27, 2006. All capitalized terms used in this Amendment and not defined herein shall have the same meaning ascribed to them in the Agreement. Except as specifically set forth herein, all other provisions of the Agreement shall remain in full force and effect.

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