0001435109-15-001218 Sample Contracts

Amendment to Expense Waiver Agreement between Tributary Funds, Inc. and Tributary Capital Management
Expense Waiver Agreement • December 30th, 2015 • Tributary Funds, Inc.

This Amendment is made by and between Tributary Funds, Inc. (the "Company") on behalf of certain investment series (each, a "Fund," and collectively, the "Funds"), and Tributary Capital Management, LLC ("Adviser").

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Second Amendment to Investment Sub-Advisory Agreement between Tributary Capital Management, LLC and First National Fund Advisers
Investment Sub-Advisory Agreement • December 30th, 2015 • Tributary Funds, Inc.

This Amendment is made by and between Tributary Capital Management, LLC, a Colorado limited liability company ("Adviser") and First National Bank (Omaha), a national banking association having its principal place of business in Omaha, Nebraska and doing business as First National Fund Advisers ("Sub-Adviser").

Amendment to Investment Advisory Agreement between Tributary Capital Management, LLC and Tributary Funds, Inc (formerly known as "First Focus Funds, Inc.")
Investment Advisory Agreement • December 30th, 2015 • Tributary Funds, Inc.

This Amendment is made by and between Tributary Capital Management, LLC, a Colorado limited liability company ("Adviser") and the Tributary Funds, Inc. formerly known as First Focus Funds, Inc., a registered open-end management investment company organized as a Nebraska corporation ("Company").

UNDERWRITING AGREEMENT Between TRIBUTARY FUNDS, INC. and NORTHERN LIGHTS DISTRIBUTORS, LLC
Underwriting Agreement • December 30th, 2015 • Tributary Funds, Inc. • Nebraska

AGREEMENT effective this 30th day of April, 2015, by and between TRIBUTARY FUNDS, INC., a Nebraska corporation, having its principal office and place of business at 1620 Dodge Street, Omaha Nebraska 68197 (the "Corporation"), and NORTHERN LIGHTS DISTRIBUTORS, LLC, a Nebraska limited liability company having its principal office and place of business at 17605 Wright Street, Omaha, Nebraska 68130 ("NLD").

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