0001169187-13-000053 Sample Contracts

INVESTMENT MANAGEMENT AGREEMENT Between

Investment Management Agreement • October 17th, 2013 • T. Rowe Price Institutional Income Funds, Inc.

• Contract Type
  Investment Management Agreement
• Filed
  October 17th, 2013
• Company
  T. Rowe Price Institutional Income Funds, Inc.

INVESTMENT MANAGEMENT AGREEMENT, made as of the 24th day of July, 2013, by and between T. ROWE PRICE INSTITUTIONAL INCOME FUNDS INC., a Maryland corporation (the “Corporation”), and T. ROWE PRICE ASSOCIATES, INC., a corporation organized and existing under the laws of the State of Maryland (hereinafter called the “Manager”).

INVESTMENT SUB-ADVISORY AGREEMENT Between

Investment Sub-Advisory Agreement • October 17th, 2013 • T. Rowe Price Institutional Income Funds, Inc. • Maryland

• Contract Type
  Investment Sub-Advisory Agreement
• Filed
  October 17th, 2013
• Company
  T. Rowe Price Institutional Income Funds, Inc.
• Jurisdiction
  Maryland

This INVESTMENT SUB-ADVISORY AGREEMENT (“Agreement”) is dated as of July 24, 2013, by and between T. Rowe Price Associates, Inc. (the “Adviser”), a corporation organized and existing under the laws of the State of Maryland, United States of America, and T. Rowe Price International Ltd (the “Sub-adviser”), a corporation organized and existing under the laws of the United Kingdom.