0001193125-10-291642 Sample Contracts

THE TORRAY FUND MANAGEMENT CONTRACT
Torray Fund • December 30th, 2010 • Torray Fund

Management Contract executed as of December 31, 2010, between THE TORRAY FUND, a Massachusetts business trust (the “Trust”), on behalf of its separate investment series THE TORRAY RESOLUTE FUND (the “Fund”) and TORRAY LLC, a Delaware limited liability company (the “Manager”).

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