0001121624-06-000002 Sample Contracts

INVESTMENT SUBADVISORY AGREEMENT
Investment Subadvisory Agreement • January 30th, 2006 • Calvert Impact Fund Inc • Maryland

INVESTMENT SUBADVISORY AGREEMENT, effective October 1, 2004, by and between Calvert Asset Management Company, Inc., a Delaware corporation registered as an investment advisor under the Investment Advisers Act of 1940 (the "Advisor"), and Channing Capital Management, LLC, a Delaware Limited Liability Company (the "Subadvisor").

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DISTRIBUTION AGREEMENT Calvert Group Funds Calvert Distributors, Inc. SCHEDULE I
Distribution Agreement • January 30th, 2006 • Calvert Impact Fund Inc
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