Amendment No. 1
to the
Management Agreement
This Amendment No. 1 dated as of November 17, 1999 is entered into by
Gabelli Funds, LLC (formerly known as Gabelli Funds, Inc.) (the "Manager") and
The Gabelli Money Market Funds (the "Trust").
WHEREAS, the Manager and the Trust entered into a Management Agreement
dated as of December 16, 1994 (the "Management Agreement"); and
WHEREAS, the Manager and the Trust wish to amend the Management Agreement
to reflect the change in the Manager's name;
NOW, THEREFORE, the parties hereto, intending to be legally bound hereby,
hereby agree as follows:
1. The name "Gabelli Funds, Inc." in the Management Agreement is hereby
deleted in all places where it appears and replaced with the name
"Gabelli Funds, LLC."
2. The Management Agreement shall remain in full force and effect in all
other respects.
IN WITNESS WHEREOF, the undersigned have executed this Amendment No. 1 as
of the date and year first written above.
THE GABELLI MONEY MARKET FUNDS
By: /s/ XXXXX X. XXXXXX
GABELLI FUNDS, LLC
By: /s/ XXXXX X. XXXXXX
