CUSTODIAN AGREEMENT (FOREIGN AND DOMESTIC SECURITIES)Custodian Agreement • April 29th, 2013 • Chou America Mutual Funds • California
This Custodian Agreement made as of June 17, 2010, and amended September 14, 2012, by and between Chou America Mutual Funds ("Principal") a management investment company registered under the Act with separate portfolios listed in Appendix A (each a "Fund") each acting on its own behalf separately from all other Funds and not jointly or jointly and severally with any other Fund, and UNION BANK, N.A. ("Custodian"). Principal desires that Custodian hold and administer on behalf of Principal certain Securities (as herein defined) with respect to each Fund. Custodian is willing to do so on the terms and conditions set forth in this Agreement. Accordingly, Principal and Custodian agree as follows:
BROKER-DEALER AGREEMENTBroker-Dealer Agreement • April 29th, 2013 • Chou America Mutual Funds • New York
This Agreement made as of ________________________, 2010 between Rafferty Capital Markets, LLC ("RCM"), a corporation organized and existing under the laws of the State of New York, and ______________________________("Broker-Dealer"), a corporation organized and existing under the laws of ____________________________.
