0000894189-22-003759 Sample Contracts

INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • May 10th, 2022 • Wilshire Mutual Funds Inc • California

This Investment Sub-Advisory Agreement (“Agreement”) is made as of the 3rd day of November, 2021 (the “Effective Date”) by and between Wilshire Advisors LLC, a Delaware limited liability company (“Adviser”), and Granahan Investment Management, a registered investment adviser (“Sub-Adviser”).

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EXPENSE LIMITATION AGREEMENT LARGE COMPANY VALUE PORTFOLIO
Expense Limitation Agreement • May 10th, 2022 • Wilshire Mutual Funds Inc

EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of January 1, 2022 by and between Wilshire Advisors LLC, a California limited liability company (the “Adviser”) and Wilshire Mutual Funds, Inc. (the “Company”), on behalf of the Large Company Value Portfolio (the “Fund”).

Distribution Agreement
Distribution Agreement • May 10th, 2022 • Wilshire Mutual Funds Inc

THIS DISTRIBUTION AGREEMENT (“Agreement”), effective as of the closing of the Transaction (as defined below) (the “Closing Date”), is by and between Compass Distributors,

AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • May 10th, 2022 • Wilshire Mutual Funds Inc

This Amendment is made as of the 13th day of May, 2021, to the Investment Sub-advisory Agreement dated January 8, 2021 (the “Agreement”) by and between Wilshire Advisors LLC, a Delaware limited liability company (“Adviser”), and Fred Alger Management, LLC, a registered investment adviser (“Sub-Adviser”).

AMENDMENT NO. 1
Investment Sub-Advisory Agreement • May 10th, 2022 • Wilshire Mutual Funds Inc

THIS AMENDMENT NO. 1 (this “First Amendment”) dated as of November 3, 2021 (the “Effective Date”), amends the Investment Sub-Advisory Agreement made as of January 8, 2021 (the “Agreement”) by and between Wilshire Advisors LLC (the “Adviser”) and Hotchkis & Wiley Capital Management, LLC (the “Sub-Adviser”) with respect to the Wilshire Mutual Funds, Inc. (the “Fund”). All capitalized but otherwise undefined terms shall have the meaning ascribed in the Agreement.

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