XXXXXX BROTHERS INCOME FUNDS
SUB-ADVISORY 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
SUB-ADVISORY AGREEMENT
SCHEDULE B
RATE OF COMPENSATION
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FUND RATE OF COMPENSATION BASED
ON EACH FUND'S AVERAGE DAILY
NET ASSETS
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Xxxxxx Brothers California Tax-Free Money Fund 0.03%
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Xxxxxx Brothers Core Bond Fund 0.15%
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Xxxxxx Brothers New York Municipal Money Fund 0.03%
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Date: September 15, 2007