ADVISORY AGREEMENTAdvisory Agreement • December 22nd, 2011 • Baron Select Funds • New York
This Advisory Agreement, made the 27th day of October, 2008, and amended and restated as of August 29, 2011, by and between BAMCO, Inc., a New York corporation (“BAMCO”) and Baron International Growth Fund (“Client”), a series of Baron Select Funds, a Delaware statutory trust.
AMENDMENT AGREEMENT NO. 4Agreement • December 22nd, 2011 • Baron Select Funds • New York
This AMENDMENT AGREEMENT NO. 4 (this “Amendment”) is made as of September 23, 2011, by and among BARON SELECT FUNDS, ON BEHALF OF ITS SERIES BARON PARTNERS FUND (the “Borrower”), the lending institutions listed on the signature pages hereof (collectively, the “Banks”), STATE STREET BANK AND TRUST COMPANY, as operations agent for itself and the other Banks (in such capacity, the “Operations Agent”) and STATE STREET BANK AND TRUST COMPANY, as administrative agent for itself and the other Banks (in such capacity, the “Administrative Agent”; the Administrative Agent and the Operations Agent are collectively referred to herein as the “Agents”).
BAMCO, INC.Baron Select Funds • December 22nd, 2011
This Agreement is effective immediately. This Agreement shall have an initial eleven year term beginning on August 29, 2011 and ending on August 29, 2022 and will automatically renew annually for an eleven year term. For example, on August 29, 2012, this Agreement will automatically renew for a eleven year term ending on August 29, 2023. This Agreement can only be amended by agreement of the Trust, upon approval by the Trust’s Board of Trustees, including a majority of the Trust’s trustees who are not interested persons (as that term is defined in the Investment Company Act of 1940, as amended) of the Trust, on the one hand, and BAMCO, on the other, to increase the percentage shown and will terminate automatically in the event of termination of the Advisory Agreement between BAMCO and each of the Funds.
