BUSINESS MANAGEMENT AGREEMENT BETWEEN FENIMORE ASSET MANAGEMENT, INC. AND FENIMORE ASSET MANAGEMENT TRUSTBusiness Management • December 31st, 2015 • Fenimore Asset Management Trust • New York
Contract Type FiledDecember 31st, 2015 Company JurisdictionAGREEMENT dated as of January 1, 2016, between Fenimore Asset Management Trust, a Massachusetts business trust (the “Trust”), on behalf of its investment series listed on Schedule A hereto (the “Funds”), and Fenimore Asset Management, Inc., a New York corporation (the “Company”).