0001193125-14-160153 Sample Contracts

LETTER AGREEMENT
Investment Advisory Agreement • April 25th, 2014 • Driehaus Mutual Funds

This Agreement is made as of this 1st day of January, 2014 between DRIEHAUS MUTUAL FUNDS, a Delaware statutory trust (the “Trust”), and DRIEHAUS CAPITAL MANAGEMENT LLC, a Delaware limited liability company (the “Adviser”).

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