ADVISORY AGREEMENTAdvisory Agreement • January 27th, 2012 • BARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND) • New York
This Advisory Agreement, made the 18th day of January, 2000, and amended and restated as of August 29, 2011, by and between BAMCO, Inc., a New York corporation (“BAMCO”) and Baron Opportunity Fund (formerly known as Baron iOpportunity Fund) (“Client”), a series of Baron Investment Funds Trust (formerly known as Baron Asset Fund), a Massachusetts business trust.
BAMCO, INC.BARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND) • January 27th, 2012
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.
Credit Services Copley Place Tower July 15, 2011 Box 5303 Boston, MA 02206BARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND) • January 27th, 2012
