0000894189-20-002786 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • April 17th, 2020 • Wilshire Variable Insurance Trust • Delaware

are subject to acceptance or rejection, and we reserve the right to suspend or limit the sale of Shares. You are not authorized to make any representations concerning Shares of any Fund except such representations as are contained in the Prospectus and in such supplemental written information that the Fund or the Distributor (acting on behalf of the Fund) may provide to you with respect to a Fund. All orders that are accepted for the purchase of Shares shall be executed at the next determined public offering price per share (i.e., the net asset value per share plus the applicable sales load, if any) and all orders for the redemption of Shares shall be executed at the next determined net asset value per share and subject to any applicable redemption fee or contingent deferred sales load, in each case as described in the Prospectus.

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EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 17th, 2020 • Wilshire Variable Insurance Trust

EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of May 1, 2020, by and between Wilshire Associates Incorporated, a California corporation (the “Adviser”) and Wilshire Variable Insurance Trust (the “Trust”), on behalf of the Wilshire Global Allocation Fund (“Fund”).

CUSTODY AGREEMENT
Custody Agreement • April 17th, 2020 • Wilshire Variable Insurance Trust • New York

THIS AGREEMENT is made and entered into effective as of November 25, 2019, by and between WILSHIRE VARIABLE INSURANCE TRUST, a Delaware statutory trust (the “Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America with its principal place of business at Minneapolis, Minnesota (the “Custodian”).

FUND ADMINISTRATION SERVICING AGREEMENT
Fund Administration Servicing Agreement • April 17th, 2020 • Wilshire Variable Insurance Trust • Delaware

THIS AGREEMENT is made and entered into effective as of November 25, 2019 by and between WILSHIRE VARIABLE INSURANCE TRUST, a Delaware statutory trust (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC d/b/a U.S. Bank Global Fund Services, a Wisconsin limited liability company (“USBFS”).

PARTICIPATION AGREEMENT
Participation Agreement • April 17th, 2020 • Wilshire Variable Insurance Trust • Delaware

THIS AGREEMENT, dated as of March 9, 2018, is between Wilshire Mutual Funds, Inc., a corporation organized under the laws of the State of Maryland (the "Trust") on behalf of itself and its series listed on Schedule A hereto, (each, a "Fund"), and Northern Lights Fund Trust ("NLFT"), on behalf of its series listed on Schedule B hereto (each an "Investing Fund").

FUND ACCOUNTING SERVICING AGREEMENT
Fund Accounting Servicing Agreement • April 17th, 2020 • Wilshire Variable Insurance Trust • Delaware

THIS AGREEMENT is made and entered into effective as of November 25, 2019 by and between WILSHIRE VARIABLE INSURANCE TRUST, a Delaware statutory trust (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC d/b/a U.S. Bank Global Fund Services, a Wisconsin limited liability company (“USBFS”).

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