Dunham Funds Sample Contracts

THE DUNHAM FUNDS SUB-ADVISORY AGREEMENT
Dunham Funds • March 4th, 2008 • Dunham Funds • California

AGREEMENT dated January 15, 2008, and effective March 1, 2008, among DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC., a California corporation (the "Adviser"), DUNHAM FUNDS, a Delaware statutory trust (the “Trust”) and VAN ECK ASSOCIATES CORPORATION, a Delaware corporation (the "Sub-Adviser") (each a “Party,” and together, the “Parties”).

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THE DUNHAM FUNDS SUB-ADVISORY AGREEMENT
Dunham Funds • December 30th, 2005 • Advisorone Funds • California

AGREEMENT made by and between DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC., a California corporation (the “Adviser”), and SENECA CAPITAL MANAGEMENT LLC, a California Limited Liability Company (the “Sub-Adviser”) (each a “Party,” and together, the “Parties”).

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