0001193125-07-093308 Sample Contracts

INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT
Investment Advisory and Management Agreement • April 27th, 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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AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 27th, 2007 • Oberweis Funds

Agreement dated as of the 7th day of May, 2003 as further amended and restated the 14th day of February, 2007, 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”).

AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 27th, 2007 • Oberweis Funds

Agreement dated as of the 1st day of October, 2005 as further amended and restated the 14th day of February, 2007 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”).

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 27th, 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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