Common use of Renewal and Amendment Clause in Contracts

Renewal and Amendment. The Investment Counsel and the Fund hereby renew the Agreement for an additional term of one year, beginning August 1, 2001, and hereby amend the Agreement to provide that during any period of time that the Fund is being operated solely by the Trustees, without officers, all references to officers of the Fund or functions to be performed by one or more officers of the Fund shall be deemed to refer to the Board of Trustees of the Fund and such functions shall be performed by the Board of Trustees of the Fund acting as a Board, except to the extent that particular functions may be delegated to a single Trustee. Southeastern Asset Management, Inc. By: O. ▇▇▇▇▇ ▇▇▇▇▇▇▇, Chairman of the Board Longleaf Partners Small-Cap Fund By: ▇▇▇▇▇▇▇▇ ▇. Child,Trustee ADDENDUM TO INVESTMENT COUNSEL AGREEMENT AGREEMENT made in Boston, Massachusetts, this 31st day of May, 2001, between Longleaf Partners Realty Fund (the "Fund"), the third series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as "the Investment Counsel."). In consideration of the mutual covenants herein made, the Fund and the Investment Counsel understand and agree as follows:

Renewal and Amendment. The Investment Counsel and the Fund hereby renew the Agreement for an additional term of one year, beginning August 1, 2001, and hereby amend the Agreement to provide that during any period of time that the Fund is being operated solely by the Trustees, without officers, all references to officers of the Fund or functions to be performed by one or more officers of the Fund shall be deemed to refer to the Board of Trustees of the Fund and such functions shall be performed by the Board of Trustees of the Fund acting as a Board, except to the extent that particular functions may be delegated to a single Trustee. Southeastern Asset Management, Inc. By: O. ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇ Chairman of the Board Longleaf Partners Small-Cap Realty Fund By: ▇▇▇▇▇▇▇▇ ▇. Child,Trustee ADDENDUM TO INVESTMENT COUNSEL AGREEMENT AGREEMENT made in Boston, Massachusetts, this 31st day of May, 2001, between Longleaf Partners Realty International Fund (the "Fund"), the third fourth series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as "the Investment Counsel."). In consideration of the mutual covenants herein made, the Fund and the Investment Counsel understand and agree as follows:

Renewal and Amendment. The Investment Counsel and the Fund hereby renew the Agreement for an additional term of one year, beginning August 1, 2001, and hereby amend the Agreement to provide that during any period of time that the Fund is being operated solely by the Trustees, without officers, all references to officers of the Fund or functions to be performed by one or more officers of the Fund shall be deemed to refer to the Board of Trustees of the Fund and such functions shall be performed by the Board of Trustees of the Fund acting as a Board, except to the extent that particular functions may be delegated to a single Trustee. Southeastern Asset Management, Inc. By: O. ▇▇▇▇▇ ▇▇▇▇▇▇▇, Chairman of the Board Longleaf Partners Small-Cap Fund By: ▇▇▇▇▇▇▇▇ ▇. Child,Child Trustee ADDENDUM TO INVESTMENT COUNSEL AGREEMENT AGREEMENT made in Boston, Massachusetts, this 31st day of May, 2001, between Longleaf Partners Realty Small-Cap Fund (the "Fund"), the third second series of LONGLEAF PARTNERS FUNDS TRUST, a Massachusetts business trust, and SOUTHEASTERN ASSET MANAGEMENT, INC., a Tennessee corporation (hereinafter referred to as "the Investment Counsel."). In consideration of the mutual covenants herein made, the Fund and the Investment Counsel understand and agree as follows: