0001252942-03-000009 Sample Contracts

EXHIBIT d INVESTMENT ADVISORY CONTRACT
Investment Advisory Contract • November 26th, 2003 • Frank Value Fund Inc
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EXHIBIT l SUBSCRIPTION AGREEMENT
L Subscription Agreement • November 26th, 2003 • Frank Value Fund Inc

To provide the initial capital for Frank Value Fund, Inc. (the "Fund"), the persons listed below (the "Undersigned") have agreed to purchase shares of the Fund in the amounts listed below.

Exhibit - h Reimbursement Agreements At present the Frank Value Fund has no plans for compensating officers and directors of the corporation. As the Fund grows in total assets, the Board of Directors may pay directors' travel expenses and compensate...
Frank Value Fund Inc • November 26th, 2003

At present the Frank Value Fund has no plans for compensating officers and directors of the corporation. As the Fund grows in total assets, the Board of Directors may pay directors' travel expenses and compensate officers and dir- ectors of the corporation commensurate with their duties.

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