0001169187-04-000008 Sample Contracts

INVESTMENT MANAGEMENT AGREEMENT Between
Investment Management Agreement • September 16th, 2004 • T Rowe Price Institutional Income Funds Inc

INVESTMENT MANAGEMENT AGREEMENT, made as of the 20th day of September, 2004, by and between T. ROWE PRICE INSTITUTIONAL INCOME FUNDS, INC., a Maryland corporation (the "Corporation"), and T. ROWE PRICE ASSOCIATES, INC., a corporation organized and existing under the laws of the State of Maryland (hereinafter called the "Manager").

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Custodian Agreement
Custodian Agreement • September 16th, 2004 • T Rowe Price Institutional Income Funds Inc • Massachusetts

This Agreement is made as of January 28, 1998 by and between each entity set forth on Appendix A hereto (as such Appendix A may be amended from time to time) which executes a copy of this Agreement (each referred to herein as the "Fund"), and State Street Bank and Trust Company, a Massachusetts trust company with its principal place of business at 225 Franklin Street, Boston, Massachusetts 02110 (the "Custodian").

AGREEMENT between
Agreement • September 16th, 2004 • T Rowe Price Institutional Income Funds Inc • Maryland
TRANSFER AGENCY AND SERVICE AGREEMENT between and THE T. ROWE PRICE FUNDS
Transfer Agency and Service Agreement • September 16th, 2004 • T Rowe Price Institutional Income Funds Inc • Maryland
AGREEMENT between
Agreement • September 16th, 2004 • T Rowe Price Institutional Income Funds Inc • Maryland
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