0000910472-04-000090 Sample Contracts

INVESTMENT ADVISORY AGREEMENT between ADVISORONE FUNDS and DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC.
Investment Advisory Agreement • July 23rd, 2004 • Advisorone Funds • California

AGREEMENT made this __ day of _________, 2004, by and between ADVISORONE FUNDS, a Delaware business trust (the "Trust"), on behalf of each of its series listed on Schedule A hereto, and DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC., a corporation organized under the laws of the State of California (the "Adviser").

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • July 23rd, 2004 • Advisorone Funds • California

AGREEMENT made as of the ____ day of _____, 2004, by and between DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC., a California corporation (the "Adviser"), and ___________________ (the "Sub-Adviser").

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