0001410368-09-000099 Sample Contracts

SUB-ITEM 77Q(1)(e)(5)

Investment Sub-Advisory Agreement • August 28th, 2009 • M Fund Inc • Maryland

• Contract Type
  Investment Sub-Advisory Agreement
• Filed
  August 28th, 2009
• Company
  M Fund Inc
• Jurisdiction
  Maryland

AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT for the BRANDES INTERNATIONAL EQUITY FUND

Investment Sub-Advisory Agreement • August 28th, 2009 • M Fund Inc

• Contract Type
  Investment Sub-Advisory Agreement
• Filed
  August 28th, 2009
• Company
  M Fund Inc

This Amendment (the “Amendment”) is made and entered into April 16, 2009 among M Financial Investment Advisers, Inc., a Colorado corporation (the “Adviser”) and Brandes Investment Partners, L.P. a California limited partnership (the “Sub-Adviser;” and with the Adviser, the “Parties”).

AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT for the FRONTIER CAPITAL APPRECIATION FUND

Investment Sub-Advisory Agreement • August 28th, 2009 • M Fund Inc

• Contract Type
  Investment Sub-Advisory Agreement
• Filed
  August 28th, 2009
• Company
  M Fund Inc

This Amendment (the “Amendment”) is made and entered into April 16, 2009 among M Financial Investment Advisers, Inc., a Colorado corporation (the “Adviser”) and Frontier Capital Management Company, LLC a Delaware limited liability company (the “Sub-Adviser;” and with the Adviser, the “Parties”).