0001193125-08-167637 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 6th, 2008 • MFS California Insured Municipal Fund

INVESTMENT ADVISORY AGREEMENT, dated this 29th day of June, 2007, by and between MFS CALIFORNIA INSURED MUNICIPAL FUND, a Massachusetts business trust (the “Trust”), and MASSACHUSETTS FINANCIAL SERVICES COMPANY, a Delaware corporation (the “Adviser”).

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