FORUM FUNDS INVESTMENT ADVISORY AGREEMENT AGREEMENT made as of September 30, 2005, by and between Forum Funds, a Delaware statutory trust, with its principal office and place of business at Two Portland Square, Portland, Maine 04101 (the "Trust"), and...Investment Advisory Agreement • December 28th, 2005 • Forum Funds • New York
December __, 2005 Mr. J. Michael Parish Chairman, Board of Trustees Forum Funds Two Portland Square Portland, Maine 04101 RE: Contractual Waivers and Reimbursements Dear Mr. Parish: Brown Investment Advisory Incorporated (the "Adviser") agrees to...Waiver and Reimbursement Agreement • December 28th, 2005 • Forum Funds
This agreement can only be terminated or amended upon the approval of the Trust's Board of Trustees and is automatically terminated if the Adviser is no longer a service provider to the Fund. Unless otherwise amended or terminated, this agreement will terminate on October 1, 2006.
