0001193125-08-237777 Sample Contracts

NORTHERN FUNDS FORM OF SUB-ADVISORY AGREEMENT Multi-Manager Emerging Markets Equity Fund
Sub-Advisory Agreement • November 17th, 2008 • Northern Funds • Illinois

Sub-Advisory Agreement (this “Agreement”) entered into as of the day of November, 2008, by and among Northern Trust Investments, N.A. and Northern Trust Global Advisors, Inc. (together, the “Advisers”), and PanAgora Asset Management, Inc., a Delaware corporation (the “Sub-Adviser”).

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NORTHERN FUNDS ADDENDUM NO. 27 TO THE TRANSFER AGENCY AGREEMENT
Transfer Agency Agreement • November 17th, 2008 • Northern Funds

This Addendum, dated as of the 7th day of November, 2008, is entered into between NORTHERN FUNDS (the “Trust”), a Delaware statutory trust, and THE NORTHERN TRUST COMPANY, an Illinois state bank (the “Transfer Agent”).

NORTHERN FUNDS FORM OF ADDENDUM NO. 2 TO THE INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • November 17th, 2008 • Northern Funds

This Addendum, dated as of the of , 2008, is entered into between NORTHERN FUNDS (the “Trust”), a Delaware business trust, NORTHERN TRUST INVESTMENTS, N.A., an Illinois state-chartered trust company, and NORTHERN TRUST GLOBAL ADVISORS, INC., a Delaware corporation (each, an “Adviser” and together, the “Advisers”).

PURCHASE AGREEMENT
Purchase Agreement • November 17th, 2008 • Northern Funds
PURCHASE AGREEMENT
Purchase Agreement • November 17th, 2008 • Northern Funds
NORTHERN FUNDS ADDENDUM NO. 12 TO THE FOREIGN CUSTODY AGREEMENT
Foreign Custody Agreement • November 17th, 2008 • Northern Funds

This Addendum No. 12, dated as of the 7th day of November, 2008, is entered into between NORTHERN FUNDS (the “Trust”), a Delaware statutory trust, and THE NORTHERN TRUST COMPANY (“Northern”), an Illinois state bank.

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