0001193125-11-015562 Sample Contracts

ADVISORY AGREEMENT
Advisory Agreement • January 27th, 2011 • BARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND) • New York

This Advisory Agreement, made the 3rd day of January, 1995, and amended and restated as of May 18, 2010, by and between BAMCO, Inc., a New York corporation (“BAMCO”) and Baron Growth Fund (“Client”) (formerly known as Baron Growth & Income Fund), a series of Baron Investment Funds Trust (formerly known as Baron Asset Fund), a Massachusetts business trust.

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Distribution Agreement Amended and Restated as of May 18, 2010
Distribution Agreement • January 27th, 2011 • BARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND) • New York

This Distribution Agreement, entered into the 12th day of June, 1987, and amended and restated as of May 18, 2010 by and between Baron Capital, Inc. (“BCI”), a New York corporation and Baron Investment Funds Trust (formerly known as Baron Asset Fund), a Massachusetts business trust (the “Trust”) with respect to the shares of beneficial interest of all series of the Trust now in existence or subsequently created (each, a “Fund” and collectively, the “Funds”).

Credit Services Copley Place Tower Box 5303 Boston, MA 02206
BARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND) • January 27th, 2011
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