0001104659-08-053903 Sample Contracts

MUTUAL FUND CUSTODY AGREEMENT
Mutual Fund Custody Agreement • August 19th, 2008 • Victory Portfolios

THIS AGREEMENT is made as of July 1, 2008 by and between The Victory Portfolios, a Delaware business trust (the “Trust”), which may issue one or more series of shares of beneficial interest (each a “Fund”), and KeyBank National Association, a bank chartered under the laws of the United States, having its principal office at 127 Public Square, Cleveland, Ohio 44114-1306 (the “Custodian”).

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GLOBAL CUSTODIAL SERVICES AGREEMENT THE VICTORY PORTFOLIOS ACTING FOR AND ON BEHALF OF EACH FUND
Custodial Services Agreement • August 19th, 2008 • Victory Portfolios • New York

THIS GLOBAL CUSTODIAL SERVICES AGREEMENT is made on August 5th, 2008, by and between The Victory Portfolios, acting for and on behalf of each Fund, a business trust organised under the laws of Delaware, (the “Client “) and Citibank, N.A. acting through its offices located in New York (the “Custodian”).

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