0000932471-10-000031 Sample Contracts

INVESTMENTADVISORY AGREEMENT
Investment Advisory Agreement • January 13th, 2010 • Vanguard Windsor Funds • Delaware

THIS AGREEMENT is made as of this day of January, 2010, between Vanguard Windsor Funds, a Delaware statutory nust (the "Trust"), and Sanders Capital, LLC (the "Advisor"), a New York limited liability company.

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