By-Laws of PARADIGM FUNDS As Amended September 20, 2004Paradigm Funds • October 29th, 2004
PARADIGM FUNDS AGREEMENT AND DECLARATION OF TRUST September 13, 2002Agreement and Declaration of Trust • October 11th, 2002 • Paradigm Funds • Ohio
AGREEMENT AND DECLARATION OF TRUST made this 13th day of September 2002, by the Trustees hereunder, and by the holders of Shares of beneficial interest to be issued hereunder as hereinafter provided.
CUSTODY AGREEMENT BETWEEN US BANK, N.A. ANDCustody Agreement • December 19th, 2002 • Paradigm Funds • Ohio
This agreement (the "Agreement") is entered into as of the 11th day of December, 2002, by and between Paradigm Funds, an Ohio business trust (the "Trust") and US Bank, National Association, (the "Custodian"), a national banking association having its principal office at 425 Walnut Street, Cincinnati, Ohio, 45202.
MANAGEMENT AGREEMENTManagement Agreement • December 21st, 2007 • Paradigm Funds
The Trust has been organized to engage in the business of an investment company. The Trust currently offers several series of shares to investors, one called the Paradigm Intrinsic Value Fund (the “Fund”).
EXHIBIT H.2 FUND ADMINISTRATION SERVICING AGREEMENTFund Administration Servicing Agreement • December 19th, 2002 • Paradigm Funds • California
THIS AGREEMENT is made and entered into as of December 11th, 2002, by and among Paradigm Funds, an Ohio business trust (hereinafter referred to as the "Trust") and Premier Fund Solutions, Inc., a corporation organized under the laws of the State of California (hereinafter referred to as "PFS").
EX-99.23.b By-Laws of PARADIGM FUNDSParadigm Funds • October 11th, 2002
DISTRIBUTION AGREEMENTDistribution Agreement • April 29th, 2011 • Paradigm Funds • New York
THIS AGREEMENT is made as of August 10, 2010, between Paradigm Funds (“Fund”), an Ohio Business Trust, and Rafferty Capital Markets, LLC, (“RCM”), a corporation organized and existing under the laws of the State of New York.
Letter AgreementLetter Agreement • April 27th, 2018 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Opportunity Fund (the “Fund”), pursuant to a Management Agreement dated December 29, 2004 and amended December 16, 2005. Effective May 1, 2018, the advisor hereby contractually agrees to reduce management fees and reimburse expenses to the extent necessary to maintain total annual operating expenses (excluding brokerage fees and commissions, interest and other borrowing expenses, taxes, extraordinary expenses and indirect costs of investing in Acquired Funds) at 1.25% of the Opportunity Fund’s average daily net assets through April 30, 2019.
AGREEMENT AND PLAN OF REORGANIZATION AND TERMINATIONAgreement and Plan of Reorganization and Termination • September 30th, 2019 • Paradigm Funds • Ohio
THIS AGREEMENT AND PLAN OF REORGANIZATION AND TERMINATION (the “Agreement”) is made as of September [*], 2019, among PARADIGM FUNDS, an Ohio business trust, with its principal place of business at Nine Elk Street, Albany, New York 12207 (the “Trust”), on behalf of Paradigm Opportunity Fund, a series of the Trust (the “Target Fund”) and on behalf of Paradigm Micro-Cap Fund, a series of the Trust (the “Survivor Fund”); and, solely for purposes of paragraph 6, Paradigm Funds Advisor LLC, investment adviser to the Target Fund and Survivor Fund (the “Advisor”). Each of the Target Fund and Survivor Fund is sometimes referred to herein as a “Fund.” Notwithstanding anything to the contrary contained herein, (1) the agreements, covenants, representations, warranties, actions, and obligations (collectively, “Obligations”) of and by each Fund and of and by the Trust of which that Fund is a series, on that Fund’s behalf shall be the Obligations of that Fund only, (2) all rights and benefits create
AMENDMENT TO MANAGEMENT AGREEMENTManagement Agreement • April 24th, 2006 • Paradigm Funds
This Amendment, dated as of December 16, 2005, amends the Management Agreement dated December 11, 2002 (the "Agreement") between Paradigm Funds (the "Trust"), on behalf of the Paradigm Value Fund (the "Fund"), and Paradigm Capital Management, Inc. (the "Company").
Amendment to Management AgreementManagement Agreement • April 28th, 2008 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Value Fund (the “Fund”), pursuant to a Management Agreement dated December 11, 2002 and amended December 16, 2005. Effective May 1, 2008, the advisor hereby contractually agrees that the first paragraph of Section 3 of the Agreement is revised to read as follows:
Letter AgreementLetter Agreement • April 25th, 2016 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Value Fund (the “Fund”), pursuant to a Management Agreement dated December 11, 2002 and amended December 16, 2005. Effective May 1, 2016, the advisor hereby contractually agrees to reduce management fees and reimburse expenses to the extent necessary to maintain total annual operating expenses (excluding brokerage fees and commissions, interest and other borrowing expenses, taxes, extraordinary expenses and indirect costs of investing in Acquired Funds) at 1.50% of the Value Fund’s average daily net assets through April 30, 2017.
Letter AgreementLetter Agreement • April 25th, 2017 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Opportunity Fund (the “Fund”), pursuant to a Management Agreement dated December 29, 2004 and amended December 16, 2005. Effective May 1, 2017, the advisor hereby contractually agrees to reduce management fees and reimburse expenses to the extent necessary to maintain total annual operating expenses (excluding brokerage fees and commissions, interest and other borrowing expenses, taxes, extraordinary expenses and indirect costs of investing in Acquired Funds) at 1.25% of the Opportunity Fund’s average daily net assets through April 30, 2018.
Letter AgreementLetter Agreement • April 29th, 2024 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Select Fund (the "Fund"), pursuant to a Management Agreement dated December 29, 2004 and amended December 16, 2005. Effective May 1, 2024, the advisor hereby contractually agrees to reduce management fees and reimburse expenses to the extent necessary to maintain total annual operating expenses (excluding brokerage fees and commissions, interest and other borrowing expenses, taxes, extraordinary expenses and indirect costs of investing in Acquired Funds) at 1.15% of the Select Fund's average daily net assets through April 30, 2025.
EXHIBIT L SUBSCRIPTION AGREEMENT BETWEEN THE TRUST AND THE INVESTORSSubscription Agreement • December 19th, 2002 • Paradigm Funds
The undersigned (the “Purchaser”) hereby subscribes to purchase a beneficial interest (“Interest”) of the Paradigm Fund, a series of the Paradigm Funds, in the amount of one hundred thousand dollars ($100,000.00) for five thousand (5,000) shares at net asset value of twenty dollars ($20.00) per share, in consideration for which the Purchase agrees to transfer to you upon demand cash in the amount of one hundred thousand dollars ($100,000.00).
Letter AgreementLetter Agreement • April 26th, 2019 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Opportunity Fund (the "Fund"), pursuant to a Management Agreement dated December 29, 2004 and amended December 16, 2005. Effective May 1, 2019, the advisor hereby contractually agrees to reduce management fees and reimburse expenses to the extent necessary to maintain total annual operating expenses (excluding brokerage fees and commissions, interest and other borrowing expenses, taxes, extraordinary expenses and indirect costs of investing in Acquired Funds) at 1.25% of the Opportunity Fund's average daily net assets through April 30, 2020.
Letter AgreementLetter Agreement • April 29th, 2021 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Select Fund (the "Fund"), pursuant to a Management Agreement dated December 29, 2004 and amended December 16, 2005. Effective May 1, 2021, the advisor hereby contractually agrees to reduce management fees and reimburse expenses to the extent necessary to maintain total annual operating expenses (excluding brokerage fees and commissions, interest and other borrowing expenses, taxes, extraordinary expenses and indirect costs of investing in Acquired Funds) at 1.15% of the Select Fund's average daily net assets through April 30, 2022.
Letter AgreementLetter Agreement • April 27th, 2022 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Select Fund (the "Fund"), pursuant to a Management Agreement dated December 29, 2004 and amended December 16, 2005. Effective May 1, 2022, the advisor hereby contractually agrees to reduce management fees and reimburse expenses to the extent necessary to maintain total annual operating expenses (excluding brokerage fees and commissions, interest and other borrowing expenses, taxes, extraordinary expenses and indirect costs of investing in Acquired Funds) at 1.15% of the Select Fund's average daily net assets through April 30, 2023.
Letter AgreementLetter Agreement • April 28th, 2023 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Select Fund (the "Fund"), pursuant to a Management Agreement dated December 29, 2004 and amended December 16, 2005. Effective May 1, 2023, the advisor hereby contractually agrees to reduce management fees and reimburse expenses to the extent necessary to maintain total annual operating expenses (excluding brokerage fees and commissions, interest and other borrowing expenses, taxes, extraordinary expenses and indirect costs of investing in Acquired Funds) at 1.15% of the Select Fund's average daily net assets through April 30, 2024.
Letter AgreementLetter Agreement • April 27th, 2020 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Select Fund (the "Fund"), pursuant to a Management Agreement dated December 29, 2004 and amended December 16, 2005. Effective May 1, 2020, the advisor hereby contractually agrees to reduce management fees and reimburse expenses to the extent necessary to maintain total annual operating expenses (excluding brokerage fees and commissions, interest and other borrowing expenses, taxes, extraordinary expenses and indirect costs of investing in Acquired Funds) at 1.15% of the Select Fund's average daily net assets through April 30, 2021.
CUSTODY AGREEMENTCustody Agreement • April 29th, 2024 • Paradigm Funds • Ohio
THIS CUSTODY AGREEMENT (“Agreement”), dated as of March 6, 2024, is entered into by and between THE HUNTINGTON NATIONAL BANK, a national banking association organized under the laws of the United States (the “Custodian” or “Bank”), and Paradigm Funds, a statutory trust formed under the laws of the Ohio (the “Company”).
EXHIBIT H.1 ACCOUNTING SERVICES AGREEMENTAccounting Services Agreement • December 19th, 2002 • Paradigm Funds • Ohio
THIS AGREEMENT is made and entered into this 11th day of December, 2002 by and between Paradigm Funds, a registered management investment company (the "Fund"), and Mutual Shareholder Services LLC ("MSS") a Delaware Limited Liability Company.
Amendment to Management AgreementManagement Agreement • April 25th, 2017 • Paradigm Funds
You have engaged us to act as the sole investment advisor to the Paradigm Value Fund (the “Fund”), pursuant to a Management Agreement dated December 11, 2002 and amended December 16, 2005. Effective May 1, 2017, the advisor hereby contractually agrees that the first paragraph of Section 3 of the Agreement is revised to read as follows:
