0001435109-14-000890 Sample Contracts

FORUM FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 23rd, 2014 • Forum Funds • Delaware

AGREEMENT made as of September 30, 2008, 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 Absolute Investment Advisers LLC a Massachusetts limited liability company, with its principal office and place of business at 350 Lincoln Street, Suite 216, Hingham, MA 02043 (the "Adviser").

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FORUM FUNDS SERVICES AGREEMENT
Services Agreement • December 23rd, 2014 • Forum Funds

In connection with its Services Agreement (the "Services"), Atlantic Fund Administration, LLC (together with its subsidiaries "Atlantic") is providing this certification for the Fund(s) with respect to the period [Date - Date] (the "Period") for the purpose of assisting you in meeting the requirements of Rule 38a-1 under the Investment Company Act of 1940, as amended ("Rule 38a-1").

EXPENSE LIMITATION AGREEMENT Forum Funds c/o Atlantic Fund Administration Three Canal Plaza, Suite 600 Portland, ME 04101
Expense Limitation Agreement • December 23rd, 2014 • Forum Funds

This Agreement is made and to be performed principally in the states of New York and Maine, and except insofar as the Investment Company Act of 1940, as amended, or other federal laws and regulations may be controlling, this Agreement shall be governed by, and construed and enforced in accordance with, the internal laws of the State of Delaware.

EXPENSE LIMITATION AGREEMENT Forum Funds c/o Atlantic Fund Administration Three Canal Plaza, Suite 600 Portland, ME 04101
Expense Limitation Agreement • December 23rd, 2014 • Forum Funds

This Agreement is made and to be performed principally in the states of Ohio and Maine, and except insofar as the Investment Company Act of 1940, as amended, or other federal laws and regulations may be controlling, this Agreement shall be governed by, and construed and enforced in accordance with, the internal laws of the State of Delaware.

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