AMENDMENT TO ADMINISTRATION AGREEMENTAdministration Agreement • January 28th, 2016 • BARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND)
This Amendment to the Administration Agreement (the “Amendment”) is made as of September 23, 2015 by and among State Street Bank and Trust Company, a Massachusetts trust company (the “Administrator”), Baron Investment Funds Trust, a Massachusetts business trust, and Baron Select Funds, a Delaware statutory trust (each, a “Trust” and collectively, the “Trusts”).
BAMCO, INC.BARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND) • January 28th, 2016
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.
Each of the Borrowers listed On Appendix I heretoBARON INVESTMENT FUNDS TRUST (F/K/a BARON ASSET FUND) • January 28th, 2016
