0000913131-06-000003 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • January 31st, 2006 • Nicholas Equity Income Fund Inc • Wisconsin

THIS AGREEMENT is made and entered into as of this 1st day of May, 2005, by and among the funds comprising the Nicholas mutual fund complex set forth on Exhibit A, each a Maryland business corporation (collectively, the “Funds” and each, a “Fund”), Nicholas Company, Inc., a Wisconsin corporation (the “Adviser”) and Quasar Distributors, LLC, a Delaware limited liability company (the “Distributor”).

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