0001628280-20-007027 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 7th, 2020 • Kinetics Mutual Funds Inc • Delaware

AGREEMENT made as of March 14, 2018 between KINETICS MARKET OPPORTUNITY FUND CORPORATION (the "Company"), a Delaware Corporation and a wholly-owned subsidiary of Kinetics Market Opportunity Trust (the "Portfolio"), a series of Kinetics Portfolios Trust, a Delaware business trust (the "Trust"), and KINETICS ASSET MANAGEMENT LLC, a Delaware limited liability company (the "Adviser").

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KINETICS MUTUAL FUNDS, INC. AMENDMENT TO THE
Kinetics Mutual Funds Inc • May 7th, 2020

THIS FIRST AMENDMENT dated as of the 1st day of September 2019, to the Transfer Agent Servicing Agreement is entered into by and among Kinetics Mutual Funds, Inc., a Maryland corporation (the "Corporation") and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").

KINETICS MUTUAL FUNDS, INC. AMENDMENT TO THE
Kinetics Mutual Funds Inc • May 7th, 2020

THIS AMENDMENT dated as of the 1st day of September 2019 to the Fund Administration Servicing Agreement, is entered into by and between Kinetics Mutual Funds, Inc., a Maryland corporation (the "Corporation") and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").

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