0000929638-05-000094 Sample Contracts

BETWEEN
Investment Advisory Agreement • April 11th, 2005 • CRM Mutual Fund Trust • Delaware
FORM OF
Expense Limitation Agreement • April 11th, 2005 • CRM Mutual Fund Trust

This Expenses Limitation Agreement is hereby entered into as of _________ __, 2005 between Cramer Rosenthal McGlynn, LLC ("CRM") and CRM Mutual Fund Trust (the "Trust"), on behalf of the portfolios listed on Exhibit A attached hereto (the "Funds")

OF
Trust Agreement • April 11th, 2005 • CRM Mutual Fund Trust • Delaware