0000950134-03-009540 Sample Contracts

INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • June 26th, 2003 • W&r Target Funds Inc • Kansas

THIS AGREEMENT, made as of the day of , 2003, by and between Waddell & Reed Investment Management Company, a Kansas corporation, registered as an investment adviser under the Investment Advisers Act of 1940 (the “Adviser”) and State Street Research & Management Company, a Delaware corporation, registered as an investment adviser under the Investment Advisers Act of 1940 (the “Sub-Adviser”).

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