INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • February 25th, 2016 • Hussman Investment Trust • Maryland
Contract Type FiledFebruary 25th, 2016 Company JurisdictionTHIS AGREEMENT made as of the 20th day of July, 2000, and last amended as of the 1st day of November, 2015, by and between Hussman Strategic Advisors, Inc. (the "Investment Adviser"), a Maryland corporation, and Hussman Investment Trust (the "Trust"), an Ohio business trust.