0001006387-99-000008 Sample Contracts

April 26, 1999
Investment Advisory Agreement • April 27th, 1999 • Royce Capital Fund

Reference is made to the Investment Advisory Agreement dated December 1, 1996 (the "Agreement") by and between Royce Capital Fund (the "Fund") on behalf of Royce Premier Portfolio, Royce Total Return Portfolio and Royce Micro-Cap Portfolio (each a "Series") and Royce & Associates, Inc. (the "Adviser").

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