0001162044-07-000386 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • July 26th, 2007 • Neiman Funds • Ohio

The Trust has been organized to engage in the business of an investment company. The Trust currently offers three series of shares to investors, one called the Neiman Fusion Fund (the “Fund”).

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INVESTMENT SUB-ADVISORY AGREEMENT NEIMAN FUNDS
Sub-Advisory Agreement • July 26th, 2007 • Neiman Funds • Ohio

THIS AGREEMENT is made as of December 27, 2006, by and between NEIMAN CAPITAL MANAGEMENT, LLC (the "Adviser"), WESPAC ADVISORS, LLC (the "Sub-Adviser"), and NEIMAN FUNDS, an Ohio business trust (the "Trust"), on behalf of the series of the Trust now or hereafter identified on Schedule A (each a "Fund" and collectively, the "Funds").

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