0001056288-03-000288 Sample Contracts

INVESTMENT ADVISORY CONTRACT LETTER AGREEMENT
Investment Advisory Contract • April 28th, 2003 • Huntington Va Funds

Under the Investment Advisory Contract between Huntington Asset Advisors, Inc. (the "Advisor") and Huntington VA Funds (the "Trust"), dated May 12, 2001, the Adviser agrees to contractually waive all or a portion of its investment advisory fee (based on average daily net assets) to which it is otherwise entitled to receive from the Funds listed below and/or to reimburse certain operating expenses of the Funds in order to limit each Fund's total operating expenses to not more than 1.00% of the Fund's average daily net assets, for the period starting January 1, 2003 through April 30, 2004.

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