0001193125-10-044731 Sample Contracts

AMENDED AND RESTATED MASTER CUSTODIAN AGREEMENT
Master Custodian Agreement • March 1st, 2010 • Nuveen Arizona Dividend Advantage Municipal Fund 2 • Massachusetts

This Agreement between those NUVEEN INVESTMENT COMPANIES (each such investment company and each investment company made subject to this Agreement in accordance with Section 19 herein, be referred to as a “Fund” and collectively as the “Funds”) listed on Appendix A hereto (hereinafter “Appendix A” as it may be amended from time to time), which may be Massachusetts business trusts or have such other form of organization as may be indicated, and STATE STREET BANK and TRUST COMPANY, a Massachusetts trust company (the “Custodian”).

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NUVEEN ARIZONA DIVIDEND ADVANTAGE MUNICIPAL FUND 2 RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • March 1st, 2010 • Nuveen Arizona Dividend Advantage Municipal Fund 2

This Agreement made this 31st day of July 2008 by and between Nuveen Arizona Dividend Advantage Municipal Fund 2, a Massachusetts business trust (the “Fund”), and Nuveen Asset Management, a Delaware corporation (the “Adviser”), to be effective August 1, 2008.

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • March 1st, 2010 • Nuveen Arizona Dividend Advantage Municipal Fund 2 • Illinois

AGREEMENT made this 13th day of November 2007, by and between Nuveen Arizona Dividend Advantage Municipal Fund 2, a Massachusetts business trust (the “Fund”), and NUVEEN ASSET MANAGEMENT, a Delaware corporation (the “Adviser”).

NUVEEN ARIZONA DIVIDEND ADVANTAGE MUNICIPAL FUND 2 RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • March 1st, 2010 • Nuveen Arizona Dividend Advantage Municipal Fund 2

This Agreement made this 28th day of May 2009 by and between Nuveen Arizona Dividend Advantage Municipal Fund 2, a Massachusetts business trust (the “Fund”), and Nuveen Asset Management, a Delaware corporation (the “Adviser”);

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