0001273515-05-000023 Sample Contracts

CUSTODY AGREEMENT BETWEEN THE HUNTINGTON NATIONAL BANK AND
Custody Agreement • May 6th, 2005 • Pennsylvania Avenue Funds • Ohio

This agreement (the "Agreement") is entered into as of the ____ day of March 2005, by and between the Pennsylvania Avenue Funds, a Delaware business trust (the "Trust") and The Huntington National Bank, (the "Custodian"), a national banking association having its principal office at 41 South High Street, Columbus, Ohio 43215.

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