ADVISORY AGREEMENTAdvisory Agreement • December 23rd, 2010 • Baron Select Funds • New York
Contract Type FiledDecember 23rd, 2010 Company JurisdictionThis Advisory Agreement, made the 25th day of October, 2010 by and between BAMCO, Inc., a New York corporation (“BAMCO”) and Baron Emerging Markets Fund (“Client”), a series of Baron Select Funds, a Delaware statutory trust.