0000897436-11-000286 Sample Contracts

AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
M Fund Inc • August 25th, 2011

This Amendment (the “Amendment”) is made and entered into effective March 1, 2011 among M Financial Investment Advisers, Inc., a Colorado corporation (the “Adviser”) and M Fund, Inc. a Maryland corporation (the “Fund” and with the Adviser, the “Parties”).

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Sub-Item 77Q(1)(e)(2)
M Fund Inc • August 25th, 2011 • Maryland
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