0001193125-12-185915 Sample Contracts

ADVISORY AGREEMENT
Advisory Agreement • April 26th, 2012 • Baron Select Funds • New York

This Advisory Agreement, made the 14th day of February, 2012, and amended and restated as of May 8, 2012, by and between BAMCO, Inc., a New York corporation (“BAMCO”) and Baron Global Advantage Fund (“Client”), a series of Baron Select Funds, a Delaware statutory trust.

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