0001111830-10-000290 Sample Contracts

MUTUAL FUND SERVICES AGREEMENT
Mutual Fund Services Agreement • March 2nd, 2010 • Berwyn Funds • Ohio

THIS AGREEMENT is made as of this 1st day of February, 2005, by and between THE BERWYN FUNDS (the "Trust"), a Delaware business trust, and ULTIMUS FUND SOLUTIONS, LLC ("Ultimus"), a limited liability company organized under the laws of the State of Ohio and having its principal place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246.

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