0001413042-12-000196 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • June 29th, 2012 • Neiman Funds • California

The Trust has been organized to engage in the business of an investment company. The Trust currently offers multiple series of shares to investors, including shares of the Neiman Tactical Income Fund (the “Fund”).

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INVESTMENT SUB-ADVISORY AGREEMENT NEIMAN FUNDS
Investment Sub-Advisory Agreement Neiman Funds • June 29th, 2012 • Neiman Funds • Ohio

THIS AGREEMENT is made as of June 27, 2012, by and between Neiman Funds Management LLC (the "Adviser") and PageOne Funds Management, LLC (the "Sub-Adviser, on behalf of those series of Neiman Funds (the “Trust”), an Ohio business trust, now or hereafter identified on Schedule A (each a "Fund" and collectively, the "Funds").

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