0001193125-07-017457 Sample Contracts

INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT
Investment Advisory and Management Agreement • January 31st, 2007 • Oberweis Funds • Illinois

AGREEMENT made as of the 1st day of February, 2007 by and between THE OBERWEIS FUNDS, a Massachusetts business trust (the “Trust”), on behalf of the Oberweis International Opportunities Fund (the “Fund”) and OBERWEIS ASSET MANAGEMENT, INC., an Illinois corporation (the “Adviser”).

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EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • January 31st, 2007 • Oberweis Funds

Agreement dated as of the 1st day of February, 2007 by and between The Oberweis Funds (the “Trust”), a Massachusetts business trust, on behalf of the Oberweis International Opportunities Fund (the “Fund”) and Oberweis Asset Management, Inc., an Illinois corporation (the “Adviser”).

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