0001438390-08-000005 Sample Contracts

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 26th, 2008 • Calvert SAGE Fund • Maryland

INVESTMENT ADVISORY AGREEMENT, made this 30th day of September, 2008, by and between CALVERT ASSET MANAGEMENT COMPANY, INC., a Delaware corporation having its principal place of business in Bethesda, Maryland (the "Advisor"), and CALVERT SAGE FUND, a Maryland trust (the "Trust"), both having their principal place of business at 4550 Montgomery Avenue, Bethesda, Maryland.

ADMINISTRATIVE SERVICES AGREEMENT Calvert SAGE Fund
Administrative Services Agreement • August 26th, 2008 • Calvert SAGE Fund • Maryland

ADMINISTRATIVE SERVICES AGREEMENT, made this 30th day of September, 2008 by and between CALVERT ADMINISTRATIVE SERVICES COMPANY, a Delaware corporation ("CASC"), and Calvert SAGE FUND, organized as a Maryland trust (the "Fund"), each having its principal place of business at 4550 Montgomery Avenue, Bethesda, Maryland.

SUBSCRIPTION AGREEMENT (for initial capital)
Subscription Agreement • August 26th, 2008 • Calvert SAGE Fund

In connection with the initial capitalization of Calvert SAGE Fund ("the Fund"), the undersigned hereby purchases shares of common stock ("shares") and tenders the amount in payment thereof set forth below.

SERVICING AGREEMENT
Servicing Agreement • August 26th, 2008 • Calvert SAGE Fund • Maryland

This Agency Agreement, originally entered into January 1, 1998, by and between Calvert Shareholder Services, Inc., a Delaware corporation having its principal place of business in Bethesda, Maryland ("CSS"), and registered investment companies sponsored by Calvert Group, Ltd. and its subsidiaries and set forth on Schedule A ("Calvert Group Funds" or "Funds") and amended and restated June 22, 2000 to add Calvert Impact Fund, Inc. as a party, and amended and restated September 30, 2008 to add Calvert SAGE Fund as a party. The Funds have entered into a transfer agency and service agreement with the State Street Bank and Trust of Boston, Massachusetts ("State Street") ("State Street Agreement").

DISTRIBUTION AGREEMENT
Distribution Agreement • August 26th, 2008 • Calvert SAGE Fund

This DISTRIBUTION AGREEMENT, dated as of December 5, 2001 by and between EACH CALVERT FUND LISTED IN THE SCHEDULE OF FUNDS ATTACHED HERETO AS SCHEDULE I (each a "Fund" and together the "Funds"), as such schedule may, from time to time be amended, and CALVERT DISTRIBUTORS, INC., a Delaware corporation (the "Distributor").

RESEARCH AGREEMENT AMONG CALVERT _______________ FUND AND [___________________]
Research Agreement • August 26th, 2008 • Calvert SAGE Fund • Maryland

This RESEARCH AGREEMENT, made as of this ____ day of ___________, 200_, by and between ____________________ ("Consultant") and, separately as to itself, each of Calvert _____________ Fund, a _______________ (the "Fund").

CALVERT SAGE FUND ADDENDUM TO APPENDIX A AMENDED AND RESTATED CUSTODIAN AGREEMENT
Custodian Agreement • August 26th, 2008 • Calvert SAGE Fund

Listed below are Funds that are entitled to receive custodial services from State Street Bank and Trust Company under the Custodian Agreement dated December 1, 2000, and which will pay annual fees to State Street Bank and Trust Company pursuant to the Agreement.

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