FORUM FUNDS INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • May 29th, 2012 • Forum Funds • New York
AGREEMENT made as of May 3, 2012, by and between Forum Funds, a Delaware statutory trust, with its principal office and place of business at Three Canal Plaza, Suite 600, Portland, Maine 04101 (the "Trust"), and Carne Capital, LLC a Pennsulvania liability company, with its principal office and place of business at Radnor Court, Suite 210, 259 Radnor Chester Road, Radnor, Pennsylvania 19087 (the "Adviser").
