Common use of Investment Description; Appointment Clause in Contracts

Investment Description; Appointment. WM Advisors desires to employ such portion of the capital of the Fund as may from time to time be determined by WM Advisors by investing and reinvesting in investments of the kind and in accordance with the limitations specified in the Trust's Master Trust Agreement, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended from time to time, and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the Trust. Copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement, as amended, have been or will be submitted to the Sub-Advisor. WM Advisors agrees to provide copies of all amendments or supplements to the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement to the Sub-Advisor during the continuance of this Agreement before or at the time such amendments or supplements become effective. WM Advisors agrees to furnish the Sub-Advisor with minutes of meetings of the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements or reports prepared for the Fund by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund to its shareholders or to any governmental body or securities exchange, and any further materials or information which the Sub-Advisor may reasonably request to enable it to perform its functions under this Agreement. WM Advisors desires to employ and hereby appoints the Sub-Advisor to act as investment sub-adviser to the Fund. The Sub-Advisor accepts the appointment and agrees to furnish the services described herein for the compensation set forth below.

Investment Description; Appointment. WM Advisors desires to employ such portion of the capital of the Fund as may from time to time be determined by WM Advisors by investing and reinvesting in investments of the kind and in accordance with the limitations specified in the Trust's Master Trust Agreement, as amended, the Bylaws, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended from time to time, and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the Trust. Copies of the Fund's Prospectus and Statement of Additional Information Information, Bylaws, and the Trust's Master Trust Agreement, each as amended, have been or will be submitted to the Sub-Advisor. WM Advisors agrees to provide copies of all amendments or supplements to the Fund's Prospectus and Statement of Additional Information Information, Bylaws, and the Trust's Master Trust Agreement to the Sub-Advisor during the continuance of this Agreement before or at the time such amendments or supplements become effectiveeffective provided, however, that if any such amendment or supplement relates to the Sub-Advisor or may reasonably be expected to materially affect the Sub-Advisor's duties or obligations under this Agreement, WM Advisors agrees to provide copies of such amendment or supplement prior to its effectiveness. WM Advisors agrees to furnish the Sub-Advisor with minutes of meetings of resolutions approved by the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements or reports prepared for the Fund by certified or the Trust's independent registered public accountants, and with copies of any financial statements or reports made by the Fund to its shareholders or to any governmental body or securities exchange, and any further materials or information which the Sub-Advisor may reasonably request to enable it to perform its functions under this Agreementthe services hereunder. WM Advisors desires to employ and hereby appoints the Sub-Advisor to act as investment sub-adviser to the Fundportion of the Fund allocated to the Sub-Advisor by WM Advisors from time to time. The Sub-Advisor accepts the appointment and agrees to furnish the services described herein for the compensation set forth below.

Investment Description; Appointment. WM Advisors desires to employ such portion of the capital of the Fund as may from time to time be determined by WM Advisors by investing and reinvesting in investments of the kind and in accordance with the limitations specified in the Trust's Master Trust Agreement, as amended, the Bylaws, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended from time to time, and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the Trust. Copies of the Fund's Prospectus and Statement of Additional Information Information, Bylaws, and the Trust's Master Trust Agreement, each as amended, have been or will be submitted to the Sub-Advisor. WM Advisors agrees to provide copies of all amendments or supplements to the Fund's Prospectus and Statement of Additional Information Information, Bylaws, and the Trust's Master Trust Agreement to the Sub-Advisor during the continuance of this Agreement before or at the time such amendments or supplements become effective; provided, however, that if any such amendment or supplement relates to the Sub-Advisor or may reasonably be expected to materially affect the Sub-Advisor's duties or obligations under this Agreement, WM Advisors agrees to provide copies of such amendment or supplement prior to its effectiveness. WM Advisors agrees to furnish the Sub-Advisor with minutes of meetings of resolutions approved by the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements or reports prepared for the Fund by certified or the Trust's independent registered public accountants, and with copies of any financial statements or reports made by the Fund to its shareholders or to any governmental body or securities exchange, and any further materials or information which the Sub-Advisor may reasonably request to enable it to perform its functions under this Agreementservices hereunder. WM Advisors desires to employ and hereby appoints the Sub-Advisor to act as investment sub-adviser to the Fundportion of the Fund allocated to the Sub-Advisor by WM Advisors from time to time. The Sub-Advisor accepts the appointment and agrees to furnish the services described herein for the compensation set forth below.

Investment Description; Appointment. WM Advisors desires to employ such portion of the capital of the Fund as may from time to time be determined by WM Advisors by investing and reinvesting in investments of the kind and in accordance with the limitations specified in the Trust's Master Trust Agreement, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended from time to time, and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the Trust. Copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement, as amended, have been or will be submitted to the Sub-Advisor. WM Advisors agrees to provide copies of all amendments or supplements to the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement to the Sub-Advisor during the continuance of this Agreement before or at the time such amendments or supplements become effective. Until WM Advisors delivers any such amendment or supplement to the Sub-Advisor, the Sub-Advisor shall be fully protected in relying on the Prospectus and Statement of Additional information and any supplements thereto previously furnished to the Sub-Advisor. WM Advisors agrees to furnish the Sub-Advisor with minutes of meetings of the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements or reports prepared for the Fund by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund to its shareholders or to any governmental body or securities exchange, and any further materials or information which the Sub-Advisor may reasonably request to enable it to perform its functions under this Agreement. WM Advisors desires to employ and hereby appoints the Sub-Advisor to act as investment sub-adviser advisor to the Fund. The Sub-Advisor accepts the appointment and agrees to furnish the services described herein for the compensation set forth below.

Investment Description; Appointment. WM Advisors The Manager, with the approval of the Trust, desires to employ such portion and hereby appoints the Sub-Adviser to act as investment sub-adviser to the Funds. The Sub-Adviser accepts the appointment and agrees to furnish the services described herein for the compensation set forth below. In performance of its duties, the capital of the Fund as may from time to time be determined by WM Advisors by investing and reinvesting in investments of the kind and in accordance Sub-Adviser will comply with the limitations specified in the Trust's Master Trust Agreement, the By-laws of the Trust and the stated investment objectives, policies and restrictions of each Fund as amended, and set forth in the Prospectus and Trust's Registration Statement of Additional Information relating to the Fund on Form N-1A, File No. 33-57732, as in effect and which may be amended from time to timetime (the "Registration Statement"), and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the Trust. Copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement, as amendedRegistration Statement, have been or will be submitted to the Sub-AdvisorSub- Adviser. WM Advisors agrees to provide copies Copies of all amendments or supplements to the Fund's Prospectus and Registration Statement of Additional Information and the Trust's Master Agreement and Declaration of Trust Agreement will be provided to the Sub-Advisor Sub- Adviser during the continuance of this Agreement before or at the time such amendments or supplements become effective. WM Advisors The Manager agrees to furnish the Sub-Advisor Adviser with minutes of meetings of the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-AdvisorAdviser, a certified copy of any financial statements or reports prepared for the Fund by certified or independent public accountantsaccountants for the Trust which relate to the Funds, and with copies of any financial statements or reports made by the Fund Trust to its shareholders or to any governmental body or securities exchange, and any further materials or information which the Sub-Advisor Adviser may reasonably request to enable it to perform its functions under this Agreement. WM Advisors desires to employ and hereby appoints the Sub-Advisor to act as investment sub-adviser to the Fund. The Sub-Advisor accepts the appointment and agrees to furnish the services described herein for the compensation set forth below.

Investment Description; Appointment. WM Advisors Account GIS desires to employ such portion of the its capital of the Fund as may from time to time be determined by WM Advisors by investing and reinvesting in investments of the kind and in accordance with the investment(s), policies and limitations specified in the Trustprospectus (the "Prospectus") and the statement of additional information (the "SAI") filed with the Securities and Exchange Commission (the "SEC") as part of Account GIS's Master Trust AgreementRegistration Statement on Form N-3, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended or supplemented from time to time, and in such the manner and to such the extent as may from time to time be approved by the Board of Trustees Managers of Account GIS (the "Board"). TAMIC will supply copies of the Trust. Copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement, as amended, have been or will be submitted SAI to the Sub-AdvisorAdviser promptly after Account GIS's Registration Statement is declared effective. WM Advisors TAMIC agrees promptly to provide copies of all amendments or and supplements to the Fund's current Prospectus and Statement the SAI, and copies of Additional Information and any procedures adopted by the Trust's Master Trust Agreement Board applicable to the Sub-Advisor during Adviser and any amendments thereto (the continuance of this Agreement before "Board Procedures"), to the Sub-Adviser on an on-going basis. Until TAMIC delivers any such amendment or at supplement or Board Procedures, the time such amendments or supplements become effectiveSub-Adviser shall be fully protected in relying on the Prospectus and SAI and any Board Procedures, if any, as previously furnished to the Sub-Adviser. WM Advisors agrees to In addition, TAMIC shall furnish the Sub-Advisor Adviser with minutes of meetings of the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements statement or reports report prepared for the Fund Account GIS by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund Account GIS to its shareholders contract owners or to any governmental body state or securities exchange, and federal regulatory agency. TAMIC shall also inform the Sub-Adviser of the results of any audits or examinations by regulatory authorities pertaining to Account GIS. TAMIC further agrees to furnish the Sub-Adviser with any materials or information which that the Sub-Advisor Adviser may reasonably request to enable it to perform its functions under this Agreement. WM Advisors TAMIC and Account GIS desires to employ and hereby appoints appoint the Sub-Advisor Adviser to act as investment the sub-investment adviser to Account GIS. Subject to the Fund. The terms and conditions of this 4 Agreement, Sub-Advisor Adviser accepts the appointment and agrees to furnish the services described herein for the compensation and for the term set forth below. Except as specified herein, the Sub-Adviser agrees that it shall not delegate any material obligation assumed pursuant to this Agreement to any third party without first obtaining the written consent of both Account GIG and TAMIC.

Investment Description; Appointment. WM Advisors The Company desires to employ such portion of the capital of the Fund as may from time to time be determined by WM Advisors by investing and reinvesting in investments of the kind and in accordance with the limitations specified in the Trust's its Master Trust Agreement, as amended, and in the its Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended from time to time, and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the TrustCompany. Copies of the Fund's Prospectus and 2 Statement of Additional Information and the Trust's Master Trust AgreementInformation, as amended, have been or will be submitted to the Sub-Advisor. WM Advisors The Company agrees to provide copies of all amendments or supplements to the Fund's Prospectus and Statement of Additional Information and the TrustCompany's Master Trust Agreement to the Sub-Advisor during the continuance of this Agreement before or at the time such amendments or supplements become effective. WM Advisors The Company agrees to furnish the Sub-Advisor with minutes of meetings of the Board of Trustees of the Trust Fund to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements or reports prepared for the Fund Fund, by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund to its shareholders or to any governmental body or securities exchange, and any further materials or information which the Sub-Advisor may reasonably request to enable it to perform its functions under this Agreement. WM Advisors The Company desires to employ and hereby appoints the Sub-Advisor to act as investment sub-adviser to the Fund. The Sub-Advisor accepts the appointment and agrees to furnish the services described herein for the compensation set forth below.

Investment Description; Appointment. WM Advisors The Trust, which is divided into segments including the segment known as the NWQ Large Cap Portfolio ( the "Portfolio") desires to employ such portion of its capital relating to the capital of the Fund as may from time to time be determined by WM Advisors Portfolio by investing and reinvesting in investments of the kind and in accordance with the investment(s), policies and limitations specified in the prospectus (the "Prospectus") and the statement of additional information (the "SAI") filed with the Securities and Exchange Commission (the "SEC") as part of the Trust's Master Trust AgreementRegistration Statement on Form N-1A, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended or supplemented from time to time, and in such the manner and to such the extent as may from time to time be approved by the Board of Trustees of the TrustTrust (the "Board"). Copies TAMIC will supply copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement, as amended, have been or will be submitted SAI to the Sub-AdvisorAdviser promptly after the Trust's Registration Statement is declared effective. WM Advisors TAMIC agrees promptly to provide copies of all amendments or and supplements to the Fund's current Prospectus and Statement the SAI, and copies of Additional Information and any procedures adopted by the Trust's Master Trust Agreement Board applicable to the Sub-Advisor during Adviser and any amendments thereto (the continuance of this Agreement before "Board Procedures"), to the Sub-Adviser on an on-going basis. Until TAMIC delivers any such amendment or at supplement or Board Procedures, the time such amendments or supplements become effectiveSub-Adviser shall be fully protected in relying on the Prospectus and SAI and any Board Procedures, if any, as previously furnished to the Sub-Adviser. WM Advisors agrees to In addition, TAMIC shall furnish the Sub-Advisor Adviser with minutes of meetings of the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements statement or reports report prepared for the Fund Trust with respect to the Portfolio by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund Trust to its shareholders or to any governmental body state or securities exchange, and federal regulatory agency. TAMIC shall also inform the Sub-Adviser of the results of any audits or examinations by regulatory authorities pertaining to the Portfolio. TAMIC further agrees to furnish the Sub-Adviser with any materials or information which that the Sub-Advisor Adviser may reasonably request to enable it to perform its functions under this Agreement. WM Advisors desires TAMIC and the Trust desire to employ and hereby appoints appoint the Sub-Advisor Adviser to act as investment the sub-investment adviser to the FundPortfolio. The Subject to the terms and conditions of this Agreement, Sub-Advisor Adviser accepts the appointment and agrees to furnish the services described herein for the compensation and for the term set forth below. Except as specified herein, the Sub-Adviser agrees that it shall not delegate any material obligation assumed pursuant to this Agreement to any third party without first obtaining the written consent of both the Trust and TAMIC.

Investment Description; Appointment. WM Advisors The Trust, which is divided into segments including the segment known as the Strategic Stock Portfolio ( the "Portfolio") desires to employ such portion of its capital relating to the capital of the Fund as may from time to time be determined by WM Advisors Portfolio by investing and reinvesting in investments of the kind and in accordance with the investment(s), policies and limitations specified in the prospectus (the "Prospectus") and the statement of additional information (the "SAI") filed with the Securities and Exchange Commission (the "SEC") as part of the Trust's Master Trust AgreementRegistration Statement on Form N-1A, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended or supplemented from time to time, and in such the manner and to such the extent as may from time to time be approved by the Board of Trustees of the TrustTrust (the "Board"). Copies TAMIC will supply copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement, as amended, have been or will be submitted SAI to the Sub-AdvisorAdviser promptly after the Trust's Registration Statement is declared effective. WM Advisors TAMIC agrees promptly to provide copies of all amendments or and supplements to the Fund's current Prospectus and Statement the SAI, and copies of Additional Information and any procedures adopted by the Trust's Master Trust Agreement Board applicable to the Sub-Advisor during Adviser and any amendments thereto (the continuance of this Agreement before "Board Procedures"), to the Sub-Adviser on an on-going basis. Until TAMIC delivers any such amendment or at supplement or Board Procedures, the time such amendments or supplements become effectiveSub-Adviser shall be fully protected in relying on the Prospectus and SAI and any Board Procedures, if any, as previously furnished to the Sub-Adviser. WM Advisors agrees to In addition, TAMIC shall furnish the Sub-Advisor Adviser with minutes of meetings of the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements statement or reports report prepared for the Fund Trust with respect to the Portfolio by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund Trust to its shareholders or to any governmental body state or securities exchange, and federal regulatory agency. TAMIC shall also inform the Sub-Adviser of the results of any audits or examinations by regulatory authorities pertaining to the Portfolio. TAMIC further agrees to furnish the Sub-Adviser with any materials or information which that the Sub-Advisor Adviser may reasonably request to enable it to perform its functions under this Agreement. WM Advisors desires TAMIC and the Trust desire to employ and hereby appoints appoint the Sub-Advisor Adviser to act as investment the sub-investment adviser to the FundPortfolio. The Subject to the terms and conditions of this Agreement, Sub-Advisor Adviser accepts the appointment and agrees to furnish the services described herein for the compensation and for the term set forth below. Except as specified herein, the Sub-Adviser agrees that it shall not delegate any material obligation assumed pursuant to this Agreement to any third party without first obtaining the written consent of both the Trust and TAMIC.

Investment Description; Appointment. WM Advisors The Company desires to employ such portion of the capital of the Fund as may from time to time be determined by WM Advisors by investing and reinvesting in investments of the kind and in accordance with the limitations specified in the Trust's its Master Trust Agreement, as amended, and in the its Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended from time to time, and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the TrustCompany. Copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust AgreementInformation, as amended, have been or will be submitted to the Sub-Advisor. WM Advisors agrees to provide copies of all amendments or supplements to the Fund's Prospectus and Statement of Additional Information and the TrustCompany's Master Trust Agreement to the Sub-Advisor during the continuance of this Agreement before or at the time such amendments or supplements become effective. WM Advisors agrees to furnish the Sub-Advisor with minutes of meetings of the Board of Trustees of the Trust Company to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements or reports prepared for the Fund by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund to its shareholders or to any governmental body or securities exchange, and any further materials or information which the Sub-Advisor may reasonably request to enable it to perform its functions under this Agreement. WM Advisors desires to employ and hereby appoints the Sub-Advisor to act as investment sub-adviser to the Fund. The Sub-Advisor accepts the appointment and agrees to furnish the services described herein for the compensation set forth below.

Investment Description; Appointment. WM Advisors The Company desires to employ such portion of the capital of the Company's Growth Fund as may from time to time be determined by WM Advisors (the "Fund") by investing and reinvesting in investments of the kind and in accordance with the limitations specified in the Trust's its Master Trust Agreement, as amended, and in the its Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended from time to time, and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the TrustCompany. Copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust AgreementInformation, as amended, have been or will be submitted to the Sub-Advisor. WM Advisors The Company agrees to provide copies of all amendments or supplements to the Fund's Prospectus and Statement of Additional Information and the TrustCompany's Master Trust Agreement to the Sub-Advisor during the continuance of this Agreement before or at the time such amendments or supplements become effective. WM Advisors The Company agrees to furnish the Sub-Advisor with minutes of meetings of the Board of Trustees of the Trust Fund to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements or reports prepared for the Fund Fund, by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund to its shareholders or to any governmental body or securities exchange, and any further materials or information which the Sub-Advisor may reasonably request to enable it to perform its functions under this Agreement. WM Advisors The Company desires to employ and hereby appoints the Sub-Advisor to act as investment sub-adviser to the Fund. The Sub-Advisor accepts the appointment and agrees to furnish the services described herein for the compensation set forth below.

Investment Description; Appointment. WM Advisors The Advisor desires to employ such portion of the capital of the WM Prime Income Fund, formerly known as the Sierra Prime Income Fund as may from time to time be determined by WM Advisors (the "Trust") by investing and reinvesting in investments of the kind and in accordance with the limitations specified in the its Agreement and Declaration of Trust's Master Trust Agreement, as amendedamended ("Declaration of Trust"), and in the its Prospectus and Statement of Additional Information relating to the Fund Trust as in effect and which may be amended from time to time, and in such manner and to such extent as may from time to time be approved by the Board of Trustees of the Trust. Copies of the FundTrust's Prospectus and Statement of Additional Information and the Trust's Master Trust AgreementDeclaration of Trust, as amendedamended or restated, have been or will be submitted to the Sub-Advisor. WM Advisors The Trust agrees to provide copies of all amendments to or supplements to restatements of the FundTrust's Prospectus and Statement of Additional Information and the Trust's Master Declaration of Trust Agreement to the Sub-Advisor during the continuance of this Agreement before or at the on a timely and on-going basis but in all events prior to such time such as said amendments or supplements restatements become effective. WM Advisors agrees The Sub- Advisor will be entitled to furnish the Sub-Advisor with minutes of meetings of the Board of Trustees of rely on all such documents furnished to it by the Trust to or the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements or reports prepared for the Fund by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund to its shareholders or to any governmental body or securities exchange, and any further materials or information which the Sub-Advisor may reasonably request to enable it to perform its functions under this Agreement. WM Advisors The Trust desires to employ and hereby appoints the Sub-Advisor to act as investment sub-adviser advisor to the FundTrust. The Sub-Advisor accepts the appointment and agrees to furnish the services described herein for the compensation set forth below.

Investment Description; Appointment. WM Advisors The Trust, which is divided into segments including the segment known as The Mid-Cap Disciplined Equity Fund (the "Portfolio") desires to employ such portion of its capital relating to the capital of the Fund as may from time to time be determined by WM Advisors Portfolio by investing and reinvesting in investments of the kind and in accordance with the investment(s), policies and limitations specified in the prospectus (the "Prospectus") and the statement of additional information (the "SAI") filed with the Securities and Exchange Commission (the "SEC") as part of the Trust's Master Trust AgreementRegistration Statement on Form N-1A, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended or supplemented from time to time, and in such the manner and to such the extent as may from time to time be approved by the Board of Trustees of the TrustTrust (the "Board"). Copies TAMIC will supply copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement, as amended, have been or will be submitted SAI to the Sub-AdvisorAdviser promptly after the Trust's Registration Statement is declared effective. WM Advisors TAMIC agrees promptly to provide copies of all amendments or and supplements to the Fund's current Prospectus and Statement the SAI, and copies of Additional Information and any procedures adopted by the Trust's Master Trust Agreement Board applicable to the Sub-Advisor during Adviser and any amendments thereto (the continuance of this Agreement before 2 "Board Procedures"), to the Sub-Adviser on an on-going basis. Until TAMIC delivers any such amendment or at supplement or Board Procedures, the time such amendments or supplements become effectiveSub-Adviser shall be fully protected in relying on the Prospectus and SAI and any Board Procedures, if any, as previously furnished to the Sub-Adviser. WM Advisors agrees to In addition, TAMIC shall furnish the Sub-Advisor Adviser with minutes of meetings of the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements statement or reports report prepared for the Fund Trust with respect to the Portfolio by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund Trust to its shareholders or to any governmental body state or securities exchange, and federal regulatory agency. TAMIC shall also inform the Sub-Adviser of the results of any audits or examinations by regulatory authorities pertaining to the Portfolio. TAMIC further agrees to furnish the Sub-Adviser with any materials or information which that the Sub-Advisor Adviser may reasonably request to enable it to perform its functions under this Agreement. WM Advisors desires TAMIC and the Trust desire to employ and hereby appoints appoint the Sub-Advisor Adviser to act as investment the sub-investment adviser to the FundPortfolio. The Sub-Advisor Adviser accepts the appointment and agrees to furnish the services described herein for the compensation and for the term set forth below. Except as specified herein, the Sub-Adviser agrees that it shall not delegate any material obligation assumed pursuant to this Agreement to any third party without first obtaining the written consent of both the Trust and TAMIC.

Investment Description; Appointment. WM Advisors The Trust, which is divided into segments including the segment known as the Disciplined Small Cap Stock Portfolio ( the "Portfolio") desires to employ such portion of its capital relating to the capital of the Fund as may from time to time be determined by WM Advisors Portfolio by investing and reinvesting in investments of the kind and in accordance with the investment(s), policies and limitations specified in the prospectus (the "Prospectus") and the statement of additional information (the "SAI") filed with the Securities and Exchange Commission (the "SEC") as part of the Trust's Master Trust AgreementRegistration Statement on Form N-1A, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended or supplemented from time to time, and in such the manner and to such the extent as may from time to time be approved by the Board of Trustees of the TrustTrust (the "Board"). Copies TAMIC will supply copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement, as amended, have been or will be submitted SAI to the Sub-AdvisorAdviser promptly after the Trust's Registration Statement is declared effective. WM Advisors TAMIC agrees promptly to provide copies of all amendments or and supplements to the Fund's current Prospectus and Statement the SAI, and copies of Additional Information and any procedures adopted by the Trust's Master Trust Agreement Board applicable to the Sub-Advisor during Adviser and any amendments thereto (the continuance of this Agreement before "Board Procedures"), to the Sub-Adviser on an on-going basis. Until TAMIC delivers any such amendment or at supplement or Board Procedures, the time such amendments or supplements become effectiveSub-Adviser shall be fully protected in relying on the Prospectus and SAI and any Board Procedures, if any, as previously furnished to the Sub-Adviser. WM Advisors agrees to In addition, TAMIC shall furnish the Sub-Advisor Adviser with minutes of meetings of the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements statement or reports report prepared for the Fund Trust with respect to the Portfolio by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund Trust to its shareholders or to any governmental body state or securities exchange, and federal regulatory agency. TAMIC shall also inform the Sub-Adviser of the results of any audits or examinations by regulatory authorities pertaining to the Portfolio. TAMIC further agrees to furnish the Sub-Adviser with any materials or information which that the Sub-Advisor Adviser may reasonably request to enable it to perform its functions under this Agreement. WM Advisors desires TAMIC and the Trust desire to employ and hereby appoints appoint the Sub-Advisor Adviser to act as investment the sub-investment adviser to the FundPortfolio. The Subject to the terms and conditions of this Agreement, Sub-Advisor Adviser accepts the appointment and agrees to furnish the services described herein for the compensation and for the term set forth below. Except as specified herein, the Sub-Adviser agrees that it shall not delegate any material obligation assumed pursuant to this Agreement to any third party without first obtaining the written consent of both the Trust and TAMIC.

Investment Description; Appointment. WM Advisors The Trust, which is divided into segments including the segment known as the Jurika & Voylxx Xxxe Equity Portfolio ( the "Portfolio") desires to employ such portion of its capital relating to the capital of the Fund as may from time to time be determined by WM Advisors Portfolio by investing and reinvesting in investments of the kind and in accordance with the investment(s), policies and limitations specified in the prospectus (the "Prospectus") and the statement of additional information (the "SAI") filed with the Securities and Exchange Commission (the "SEC") as part of the Trust's Master Trust AgreementRegistration Statement on Form N-1A, as amended, and in the Prospectus and Statement of Additional Information relating to the Fund as in effect and which may be amended or supplemented from time to time, and in such the manner and to such the extent as may from time to time be approved by the Board of Trustees of the TrustTrust (the "Board"). Copies TAMIC will supply copies of the Fund's Prospectus and Statement of Additional Information and the Trust's Master Trust Agreement, as amended, have been or will be submitted SAI to the Sub-AdvisorAdviser promptly after the Trust's Registration Statement is declared effective. WM Advisors TAMIC agrees promptly to provide copies of all amendments or and supplements to the Fund's current Prospectus and Statement the SAI, and copies of Additional Information and any procedures adopted by the Trust's Master Trust Agreement Board applicable to the Sub-Advisor during Adviser and any amendments thereto (the continuance of this Agreement before "Board Procedures"), to the Sub-Adviser on an on-going basis. Until TAMIC delivers any such amendment or at supplement or Board Procedures, the time such amendments or supplements become effectiveSub-Adviser shall be fully protected in relying on the Prospectus and SAI and any Board Procedures, if any, as previously furnished to the Sub-Adviser. WM Advisors agrees to In addition, TAMIC shall furnish the Sub-Advisor Adviser with minutes of meetings of the Board of Trustees of the Trust to the extent they may affect the duties of the Sub-Advisor, a certified copy of any financial statements statement or reports report prepared for the Fund Trust with respect to the Portfolio by certified or independent public accountants, and with copies of any financial statements or reports made by the Fund Trust to its shareholders or to any governmental body state or securities exchange, and federal regulatory agency. TAMIC shall also inform the Sub-Adviser of the results of any audits or examinations by regulatory authorities pertaining to the Portfolio. TAMIC further agrees to furnish the Sub-Adviser with any materials or information which that the Sub-Advisor Adviser may reasonably request to enable it to perform its functions under this Agreement. WM Advisors desires TAMIC and the Trust desire to employ and hereby appoints appoint the Sub-Advisor Adviser to act as investment the sub-investment adviser to the FundPortfolio. The Subject to the terms and conditions of this Agreement, Sub-Advisor Adviser accepts the appointment and agrees to furnish the services described herein for the compensation and for the term set forth below. Except as specified herein, the Sub-Adviser agrees that it shall not delegate any material obligation assumed pursuant to this Agreement to any third party without first obtaining the written consent of both the Trust and TAMIC.