0001193125-06-092960 Sample Contracts

AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 28th, 2006 • Oberweis Funds

Agreement dated as of the 1st day of October, 2005 as amended and restated the 15th day of February, 2006 by and between The Oberweis Funds (the “Trust”), a Massachusetts business trust, on behalf of the Oberweis China Opportunities Fund (the “Fund”) and Oberweis Asset Management, Inc., an Illinois corporation (the “Adviser”).

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AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 28th, 2006 • Oberweis Funds

Agreement dated as of the 7th day of May, 2003 as further amended and restated the 12th day of February, 2004, the 14th day of February, 2005, and the 15th day of February, 2006 by and between The Oberweis Funds (the “Trust”), a Massachusetts business trust, on behalf of each of the Oberweis Micro-Cap Fund, Oberweis Emerging Growth Fund and Oberweis Mid-Cap Fund (each a “Fund” and collectively, the “Funds”) and Oberweis Asset Management, Inc., an Illinois corporation (the “Manager”).

DISTRIBUTION AND SHAREHOLDER SERVICE AGREEMENT
Distribution and Shareholder Service Agreement • April 28th, 2006 • Oberweis Funds • Illinois

THIS AGREEMENT made as of the 2nd day of January, 1997, as amended and restated the 18th day of November, 2003 and further amended and restated the 10th day of November, 2005, between The Oberweis Funds, a Massachusetts business trust (the “Fund”), and Oberweis Securities, Inc., an Illinois corporation (“OSI”);

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