0001160378-01-500005 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • November 15th, 2001 • Nicholas Family of Funds Inc • Wisconsin

This Investment Advisory Agreement is made as of this ____ day of November, 2001, between NICHOLAS FAMILY OF FUNDS, INC., a Maryland corporation (the "Corporation") on behalf of its series, Nicholas Liberty Fund (the "Fund"), and NICHOLAS COMPANY, INC., a Wisconsin corporation (the "Adviser").

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CUSTODIAN SERVICING AGREEMENT
Custodian Servicing Agreement • November 15th, 2001 • Nicholas Family of Funds Inc • Wisconsin

THIS AGREEMENT is made and entered into as of this ___ day of _November, 2001, by and between Nicholas Family of Funds, Inc., (hereinafter referred to as the ("Company") and Firstar Bank , N.A., a limited liability company organized under the laws of the State of Wisconsin (hereinafter referred to as the "Custodian").

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