FIRST INVESTORS INCOME FUNDS FIRST INVESTORS LIFE SERIES FUNDS SUBADVISORY AGREEMENT Agreement made as of the ___ day of April, 2009, by and among FIRST INVESTORS MANAGEMENT COMPANY, INC., a New York corporation (the "Adviser"), MUZINICH & CO., INC.,...Subadvisory Agreement • November 30th, 2009 • First Investors Income Funds • New York
