0001060349-09-000026 Sample Contracts

TRANSITIONAL ADMINISTRATIVE AND MANAGEMENT SERVICES AGREEMENT
Transitional Administrative And • February 24th, 2009 • Teton Advisors, Inc. • Investment advice • New York

THIS TRANSITIONAL ADMINISTRATIVE AND MANAGEMENT SERVICES AGREEMENT (this “Agreement”) is dated as of February 19, 2009, between GAMCO Investors, Inc., a New York corporation (“GAMCO”), and Teton Advisors, Inc., a Delaware corporation (“TETON”) (sometimes referred to herein individually as “Party”, or together, as “Parties”).

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SEPARATION AND DISTRIBUTION AGREEMENT
Separation and Distribution Agreement • February 24th, 2009 • Teton Advisors, Inc. • Investment advice • New York

This Separation and Distribution Agreement (the “Agreement”) is dated as of February 19, 2009, among GAMCO Investors, Inc. (“GAMCO”) and Teton Advisors, Inc. (“TETON”). As used herein, GAMCO on the one hand, and TETON, on the other hand, are sometimes referred to individually as a “Party”, or together, as “Parties”.

EMPLOYMENT AGREEMENT
Employment Agreement • February 24th, 2009 • Teton Advisors, Inc. • Investment advice • New York

This Employment Agreement is made as of this 18th day of July, 2008 between Nicholas F. Galluccio (the "Executive") and Teton Advisors, Inc. (the "Company").

SERVICE MARK AND NAME LICENSE AGREEMENT
Service Mark and Name License Agreement • February 24th, 2009 • Teton Advisors, Inc. • Investment advice • New York

THIS AGREEMENT, effective as of the 19th day of February, 2009 (“Effective Date”), is by and among GAMCO Investors, Inc., a corporation organized under the laws of New York (“GAMCO” or “Licensor”) and Teton Advisors, Inc., a corporation organized under the laws of Delaware and GAMCO Westwood Funds, a Massachusetts business trust (each a “Licensee” or collectively the Licensees).

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