0001193125-11-336013 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • December 9th, 2011 • Driehaus Mutual Funds

EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of August 22, 2011 by and between Driehaus Capital Management LLC, a Delaware limited liability company (the “Adviser”), and Driehaus Mutual Funds (the “Trust”), on behalf of the Driehaus Emerging Markets Small Cap Growth Fund series of the Trust (the “Fund”).

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LETTER AGREEMENT
Letter Agreement • December 9th, 2011 • Driehaus Mutual Funds

This Agreement is made as of this 19th day of August, 2011 between DRIEHAUS MUTUAL FUNDS, a Delaware statutory trust (the “Trust”), and DRIEHAUS CAPITAL MANAGEMENT LLC, a Delaware limited liability company (the “Adviser”).

DRIEHAUS MUTUAL FUNDS AMENDMENT TO TRANSFER AGENCY SERVICES AGREEMENT
Transfer Agency Services Agreement • December 9th, 2011 • Driehaus Mutual Funds

THIS AMENDMENT is dated as of the 12th day of October, 2011, by and between BNY MELLON INVESTMENT SERVICING (US) INC. (formerly, PNC Global Investment Servicing (U.S.) Inc. and prior, PFPC Inc.) (“BNYM”) and DRIEHAUS MUTUAL FUNDS (the “Fund”).

AMENDED AND RESTATED BY-LAWS OF DRIEHAUS MUTUAL FUNDS
Driehaus Mutual Funds • December 9th, 2011
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