0001169187-13-000003 Sample Contracts

INVESTMENT MANAGEMENT AGREEMENT Between
Investment Management Agreement • May 23rd, 2013 • T. Rowe Price Institutional Income Funds, Inc.

INVESTMENT MANAGEMENT AGREEMENT, made as of the 5TH day of February, 2013, 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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