Management Agreement
Category: 270 Legal Recent Posts, Management
MANAGEMENT AGREEMENT
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Paradigm Funds (the “Trust”) herewith confirms our agreement with you.
The Trust has been organized to engage in the business of an investment company. The Trust currently offers several series of shares to investors, one called the Paradigm Intrinsic Value Fund (the “Fund”).
You have been selected to act as the sole investment Advisor of the Fund and to provide certain other services, as more fully set forth below, and you are willing to act as such investment Advisor and to perform such services under the terms and conditions hereinafter set forth. Accordingly, the Trust agrees with you as follows effective upon the date of the execution of this Agreement.
1.
ADVISORY SERVICES
You will regularly provide the Fund with such investment advice as you in your discretion deem advisable and will furnish a continuous investment program for the Fund consistent with the Fund’s investment objective and policies. You will determine the securities to be purchased for the Fund, the portfolio securities to be held or sold by the Fund and the portion of the Fund’s assets to be held uninvested, subject always to the Fund’s investment objective, policies and restrictions, as each of the same shall be from time to time in effect, and subject further to such policies and instructions as the Board of Trustees may from time to time establish.
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