0001829126-21-002287 Sample Contracts

THIRD AVENUE INTERNATIONAL REAL ESTATE VALUE FUND INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • April 5th, 2021 • Third Avenue Trust • New York

Investment Advisory Agreement dated as of April 7, 2021, between Third Avenue Trust (the “Trust”), a Delaware business trust, on behalf of its series, Third Avenue International Real Estate Value Fund (the “Fund”), and Third Avenue Management LLC (the “Adviser”), a Delaware limited liability company.

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OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • April 5th, 2021 • Third Avenue Trust • Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (this “Agreement”) is made as of March 1, 2021, by and between Third Avenue Trust (the “Trust”), on behalf of its series listed on Schedule A (each, the “Fund”), and Third Avenue Management LLC, the Funds’ investment adviser (the “Adviser”).

OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • April 5th, 2021 • Third Avenue Trust • Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (this “Agreement”) is made as of April 7, 2021, by and between Third Avenue Trust (the “Trust”), on behalf of its series listed on Schedule A (the “Fund”), and Third Avenue Management LLC, the Fund’s investment adviser (the “Adviser”).

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