0000910472-12-002623 Sample Contracts

THE DUNHAM FUNDS SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • August 31st, 2012 • Dunham Funds • California

This AGREEMENT is dated June 19, 2012 and effective on or about September 1, 2012, among DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC., a California corporation (the “Adviser”), DUNHAM FUNDS, a Delaware statutory trust (the “Trust”) and HARBOR SPRINGS FINANCIAL MANAGEMENT, LLC, an Indiana limited liability corporation (the “Sub-Adviser”) (each a “Party,” and together, the “Parties”).

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Underwriting Agreement Schedule A
Underwriting Agreement • August 31st, 2012 • Dunham Funds
SHAREHOLDER SERVICING PLAN AND AGREEMENT
Shareholder Servicing Plan and Agreement • August 31st, 2012 • Dunham Funds
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