0000819118-08-000003 Sample Contracts

MANAGEMENT CONTRACT between PAS CORE INCOME FUND OF FUNDS and STRATEGIC ADVISERS, INC.
Management Contract • April 29th, 2008 • Fidelity Rutland Square Trust • Massachusetts

AGREEMENT made as of the 6th day of September, 2007 by and between Fidelity Rutland Square Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Fund"), on behalf of PAS Core Income Fund of Funds, its single existing series of shares of beneficial interest, (hereinafter called the "Portfolio"), and Strategic Advisers, Inc., a Massachusetts corporation (hereinafter called the "Adviser") as set forth in its entirety below.

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EXPENSE REIMBURSEMENT AGREEMENT
Expense Reimbursement Agreement • April 29th, 2008 • Fidelity Rutland Square Trust

This Expense Reimbursement Agreement, dated as of the 6th day of September, 2007 (the "Agreement"), is made and entered into by and between Fidelity Rutland Square Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the "Trust"), on behalf of PAS Income Opportunities Fund of Funds (the "Fund"), and Strategic Advisers, Inc. (the "Manager").

ADMINISTRATION AGREEMENT between STRATEGIC ADVISERS, INC. and FIDELITY MANAGEMENT & RESEARCH COMPANY
Administration Agreement • April 29th, 2008 • Fidelity Rutland Square Trust • Massachusetts

AGREEMENT dated as of this 6th day of September, 2007 between Strategic Advisers, Inc., a Massachusetts corporation (the "Adviser"), and Fidelity Management & Research Company, a Massachusetts corporation (the "Administrator").

GENERAL DISTRIBUTION AGREEMENT between FIDELITY RUTLAND SQUARE TRUST and FIDELITY DISTRIBUTORS CORPORATION
General Distribution Agreement • April 29th, 2008 • Fidelity Rutland Square Trust • Massachusetts

AGREEMENT made as of this 6th day of September, 2007 between Fidelity Rutland Square Trust, a Delaware statutory trust having its principal place of business in Boston, Massachusetts and which may issue one or more series of beneficial interest ("Issuer"), with respect to shares of PAS Income Opportunities Fund of Funds, a series of the Issuer, and Fidelity Distributors Corporation, a Massachusetts corporation having its principal place of business in Boston, Massachusetts ("Distributors").

CUSTODIAN AGREEMENT Dated as of June 16, 2005 Between Fidelity Rutland Square Trust And The Bank of New York
Custodian Agreement • April 29th, 2008 • Fidelity Rutland Square Trust
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