0001162044-09-000772 Sample Contracts

TRANSFER AGENT AGREEMENT
Transfer Agent Agreement • December 31st, 2009 • Sparrow Funds • Ohio

THIS AGREEMENT is made and entered into this 1st day of April, 2009, by and between the Sparrow Capital (the “Trust”), an MO business trust having its principal place of business at 11330 Olive Blvd., Ste. 230, St. Louis, MO 63141, and Mutual Shareholder Services, LLC, a Delaware Limited Liability Company (“MSS”).

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ACCOUNTING SERVICES AGREEMENT
Accounting Services Agreement • December 31st, 2009 • Sparrow Funds • Ohio

THIS AGREEMENT is made and entered into this 1st day of April, 2009, by and between the Sparrow Capital (the “Trust”), an MO business trust having its principal place of business at 11330 Olive Blvd., Ste. 230, St. Louis, MO 63141, and Mutual Shareholder Services, LLC, a Delaware Limited Liability Company (“MSS”).

DISTRIBUTION AGREEMENT
Distribution Agreement • December 31st, 2009 • Sparrow Funds • New York

THIS AGREEMENT is made as of January 12, 2009, between Sparrow Funds (“Fund”), a mutual fund, and Rafferty Capital Markets, LLC, (“RCM”), a corporation organized and existing under the laws of the State of New York.

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