0001193125-05-134406 Sample Contracts

INVESTMENT SUB-ADVISORY AGREEMENT By and Among Thrivent Investment Management Inc. and Thrivent Mutual Funds and Westcap Investors LLC
Investment Sub-Advisory Agreement • June 29th, 2005 • Thrivent Mutual Funds • Minnesota

INVESTMENT SUBADVISORY AGREEMENT, made as of the 30th day of June, 2005, (the “Effective Date”) by and among Thrivent Investment Management Inc., a corporation organized and existing under the laws of the State of Delaware (“Adviser”), Thrivent Mutual Funds, a business trust organized and existing under the laws of the State of Massachusetts (“Trust”), and Westcap Investors LLC, a limited liability company organized and existing under the laws of the State of Delaware (“Sub-adviser”).

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INVESTMENT SUB-ADVISORY AGREEMENT By and Among Thrivent Investment Management Inc. and Thrivent Mutual Trusts and Goldman Sachs Asset Management, L.P.
Investment Sub-Advisory Agreement • June 29th, 2005 • Thrivent Mutual Funds • New York

INVESTMENT SUBADVISORY AGREEMENT, made as of the 30th day of June, 2005, (the “Effective Date”) by and among Thrivent Investment Management Inc., a fraternal benefit society organized and existing under the laws of the State of Wisconsin (“Adviser”), Thrivent Mutual Trusts, a corporation organized and existing under the laws of the State of Minnesota (“Trust”), and Goldman Sachs Asset Management, L.P., a limited partnership organized and existing under the laws of the State of Delaware (“Sub-adviser”).

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