0001265551-07-000019 Sample Contracts

MANAGEMENT CONTRACT between PAS SMALL CAP FUND OF FUNDS and STRATEGIC ADVISERS, INC.
Management Contract • April 27th, 2007 • Fidelity Rutland Square Trust • Massachusetts

AGREEMENT made as of the 16th day of June, 2005 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 Small Cap 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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AMENDED AND RESTATED EXPENSE REIMBURSEMENT AGREEMENT
Expense Reimbursement Agreement • April 27th, 2007 • Fidelity Rutland Square Trust

This Amended and Restated Expense Reimbursement Agreement, dated as of the 8th day of March, 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 International 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 27th, 2007 • Fidelity Rutland Square Trust • Massachusetts

AGREEMENT dated as of this 1st day of March, 2006 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 27th, 2007 • Fidelity Rutland Square Trust • Massachusetts

Agreement made as of this 16th day of June, 2005 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 Small Cap 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").

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