Wilshire Associates Incorporated
_________,
2008
Wilshire
Associates Incorporated
0000
Xxxxx Xxxxxx, Xxxxx 000
Santa
Monica, CA 90401
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Re:
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Investment
Advisory Agreement between Wilshire
Associates
|
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Incorporated
(the “Advisor”) and Wilshire Mutual Funds,
Inc.
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(the “Company”) dated
April 1, 2002 (the
“Agreement”)
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Ladies
and Gentlemen:
Pursuant
to Section 1(B) of the Agreement, we are hereby providing notification of a new
series of the Company called “Wilshire/MAXAM Diversity Fund” (the “New
Fund”). The New Fund shall pay the Advisor a fee based on the average
net assets of the New Fund at an annual rate of 0.90% in accordance with the
terms of the Fee Schedule to the Agreement. The Agreement shall
become effective with respect to the New Fund as of the date hereof and its
initial term shall end on August 31, 2009.
By
signing below, you agree to render the investment advisory services to the New
Fund under the terms of the Agreement and this letter.
WILSHIRE
MUTUAL FUNDS, INC.
By: ___________________________
Name: Xxxxxxxx
X. Xxxxxxx
Its: President
Accepted
this ___ day
of
___________, 2008
WILSHIRE
ASSOCIATES INCORPORATED
By: ________________________
Name: Xxxxxxxx
X. Xxxxxxx
Its: President