0001193125-11-328689 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 2nd, 2011 • Plan Investment Fund Inc • Delaware

AGREEMENT, made as of , 2011, between PLAN INVESTMENT FUND, INC., a Maryland corporation (herein called the “Investment Company”), and MERGANSER CAPITAL MANAGEMENT, INC., a Delaware corporation (herein called “MCMI”), registered as an investment adviser under the Investment Advisers Act of 1940, as amended, and wholly owned by Annaly Capital Management, Inc.

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INVESTMENT ADVISORY AND SERVICE AGREEMENT
Investment Advisory Agreement • December 2nd, 2011 • Plan Investment Fund Inc • Delaware

AGREEMENT, made as of July 20, 2011, between PLAN INVESTMENT FUND, INC., a Maryland corporation (herein called the “Investment Company”), and BLACKROCK ADVISORS, LLC, a Delaware corporation (herein called “BALLC”), registered as an investment adviser under the Investment Advisers Act of 1940, as amended, and wholly owned by BlackRock Advisors, Inc.

INVESTMENT ADVISORY AND SERVICE AGREEMENT
Investment Advisory and Service Agreement • December 2nd, 2011 • Plan Investment Fund Inc • Delaware

AGREEMENT, made as of July , 2011 between PLAN INVESTMENT FUND, INC., a Maryland corporation (herein called the “Investment Company”), and BLACKROCK ADVISORS, LLC, a Delaware corporation (herein called “BALLC”), registered as an investment adviser under the Investment Advisers Act of 1940, as amended.

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