XXXXXX BROTHERS INCOME FUNDS
MANAGEMENT AGREEMENT
SCHEDULE A
SERIES OF XXXXXX BROTHERS INCOME FUNDS
Xxxxxx Brothers California Tax-Free Money Fund
Xxxxxx Brothers Core Bond Fund
Xxxxxx Brothers New York Municipal Money Fund
Date: September 15, 2007
XXXXXX BROTHERS INCOME FUNDS
MANAGEMENT AGREEMENT
SCHEDULE B
RATE OF COMPENSATION
Compensation pursuant to Paragraph 3 of the Management Agreement shall be
calculated in accordance with the following schedules:
XXXXXX BROTHERS CALIFORNIA TAX-FREE MONEY FUND
XXXXXX BROTHERS CORE BOND FUND
XXXXXX BROTHERS NEW YORK MUNICIPAL MONEY FUND
0.250% of the first $500 million of average daily net assets
0.225% of the next $500 million of average daily net assets
0.200% of the next $500 million of average daily net assets
0.175% of the next $500 million of average daily net assets
0.150% of average daily net assets in excess of $2 billion
Date: September 15, 2007