0001193125-15-025718 Sample Contracts

SPIRIT OF AMERICA INVESTMENT FUND, INC.
Spirit of America Investment Fund Inc • January 29th, 2015

This letter is to provide notice of the addition of a new series under the Company: Spirit of America Energy Fund (the “New Fund”). The New Fund is to be considered a Fund under the Agreement and shall be subject to the terms set forth under the Agreement unless otherwise provided herein. The Adviser shall be compensated for services rendered under the Agreement as is consistent with the Agreement, including but not limited to Exhibit A to the Agreement as amended on May 14, 2014 and attached hereto.

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