0001209286-11-000771 Sample Contracts

INVESTMENT ADVISORY AGREEMENT COMMONWEALTH INTERNATIONAL SERIES TRUST on behalf of its Fund AFRICA FUND

Investment Advisory Agreement • November 1st, 2011 • Commonwealth International Series Trust • Massachusetts

• Contract Type
  Investment Advisory Agreement
• Filed
  November 1st, 2011
• Company
  Commonwealth International Series Trust
• Jurisdiction
  Massachusetts

THIS AGREEMENT, effective commencing on November 1, 2011, between FCA CORP (the “Adviser”) and COMMONWEALTH INTERNATIONAL SERIES TRUST (the “Trust”) with respect to the AFRICA FUND (the “Fund”).

FEE REDUCTION AGREEMENT

Fee Reduction Agreement • November 1st, 2011 • Commonwealth International Series Trust

• Contract Type
  Fee Reduction Agreement
• Filed
  November 1st, 2011
• Company
  Commonwealth International Series Trust

THIS AGREEMENT (“Agreement”), is dated this 27th day of September, 2011 and shall be effective on November 1, 2011, is made by and between FCA Corp (the “Adviser”) and Commonwealth International Series Trust (the “Trust”), on behalf its series portfolio, the Africa Fund (the “Fund”).