0001435109-13-000231 Sample Contracts

FORUM FUNDS INVESTMENT ADVISORY AGREEMENT
Forum Funds Investment Advisory Agreement • May 15th, 2013 • Forum Funds • New York

AGREEMENT made as of May 14, 2013, 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 Monongahela Capital Management, Inc. a Pennsylvania corporation, with its principal office and place of business at 800 Cranberry Woods Drive, Suite 200, Cranberry Township, Pennsylvania, 16066 (the "Adviser").

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