DRAFT RESEARCH AGREEMENT

EX-99.H OTH MAT CONT 18 csfexhibith4moody.htm CSF RESEARCH AGREEMENT - MOODY DRAFT RESEARCH AGREEMENT - MOODY

AMENDMENT TO RESEARCH AGREEMENT

Amendment dated this 30th day of September, 2008, to the RESEARCH AGREEMENT, dated December 31, 2005 and amended October 11, 2006, by and between Stephen H. Moody ("Moody") and, separately as to itself, each of Calvert Social Investment Fund, a Massachusetts business trust, and Calvert World Values Fund, Inc. and Calvert Impact Fund, Inc., both Maryland corporations (each, a "Fund").

RECITALS

WHEREAS, each Fund is registered as an investment company under the Investment Company Act of 1940; and invests in certain types of securities generally referred to by the Fund in its prospectus as special equities ("Special Equities"); and

WHEREAS, each Fund has previously entered into a Research Agreement with Moody pursuant to which Moody furnishes it with investment research, analysis and related services in connection with the Fund's Special Equities investments; and

WHEREAS, each Fund and Moody desire to amend the current Research Agreement, to add Calvert SAGE Fund as a party;

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:

1. Calvert SAGE Fund is hereby added as a party to this agreement with the same rights and responsibilities as Calvert Social Investment Fund, Calvert World Values Fund, Inc. and Calvert Impact Fund, Inc.

2. All other provisions of the December 31, 2005 (as amended October 11, 2006) shall remain in force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their officers designated below as of the day and year first above written.

CALVERT SOCIAL INVESTMENT FUND