0001193125-06-036513 Sample Contracts

INVESTMENT SUB-ADVISORY AGREEMENT By and Among Thrivent Asset Management, LLC and Thrivent Mutual Funds and Mercator Asset Management, L.P.
Sub-Advisory Agreement • February 22nd, 2006 • Thrivent Mutual Funds • Minnesota

INVESTMENT SUBADVISORY AGREEMENT, made as of the 1st day of January, 2006, (the “Effective Date”) by and among Thrivent Asset Management, LLC, a limited liability company 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”), Mercator Asset Management, L.P., a limited partnership organized and existing under the laws of the State of Delaware (“Sub-adviser”), and, solely with respect to Section XIX.D hereof, Thrivent Investment Management Inc., a corporation organized and existing under the laws of the State of Delaware (“Former Adviser”).

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INVESTMENT SUB-ADVISORY AGREEMENT By and Among Thrivent Asset Management, LLC and Thrivent Mutual Funds and Transamerica Investment Management, LLC
Investment Subadvisory Agreement • February 22nd, 2006 • Thrivent Mutual Funds • Minnesota

INVESTMENT SUBADVISORY AGREEMENT, made as of the 1st day of January, 2006, (the “Effective Date”) by and among Thrivent Asset Management, LLC, a limited liability company 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 Transamerica Investment Management, LLC, a limited liability company organized and existing under the laws of the State of Delaware (“Sub-adviser”).

ACCOUNTING SERVICES AGREEMENT
Accounting Services Agreement • February 22nd, 2006 • Thrivent Mutual Funds • Minnesota

This Accounting Services Agreement is made as of this 1st day of January, 2006 by and between Thrivent Mutual Funds, a Massachusetts business trust (the “Fund”) and Thrivent Asset Management, LLC, a Delaware limited liability company (“TAM” “Administrator”).

INVESTMENT SUBADVISORY AGREEMENT By and Among Thrivent Asset Management, LLC and Thrivent Mutual Funds and
Investment Subadvisory Agreement • February 22nd, 2006 • Thrivent Mutual Funds • Minnesota

INVESTMENT SUBADVISORY AGREEMENT, made as of the 1st day of January, 2006, (the “Effective Date”) by and among Thrivent Asset Management, LLC, a limited liability company 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 T. Rowe Price International, Inc., a corporation organized and existing under the laws of the State of Maryland (“Subadviser”).

ADMINISTRATION CONTRACT THRIVENT MUTUAL FUNDS
Administration Contract • February 22nd, 2006 • Thrivent Mutual Funds • Minnesota

This Agreement is made as of this 1st day of January, 2006, between Thrivent Asset Management, LLC, a Delaware limited liability company (“Thrivent Asset Management”), as provider of administrative management and services, and the Thrivent Mutual Funds, a Massachusetts Business Trust (the “Trust”).

THRIVENT MUTUAL FUNDS INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • February 22nd, 2006 • Thrivent Mutual Funds

AGREEMENT made this 1st day of January, 2006, by and between THRIVENT MUTUAL FUNDS (the “Trust”), a Massachusetts Business Trust, and THRIVENT ASSET MANAGEMENT, LLC, a Delaware limited liability company (the “Adviser”).

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