▇▇▇▇▇▇ BROTHERS INCOME FUNDS
INSTITUTIONAL CLASS
ADMINISTRATION AGREEMENT
SCHEDULE A
The Institutional Class of the Series of ▇▇▇▇▇▇ Brothers Income Funds
currently subject to this Agreement are as follows:
▇▇▇▇▇▇ Brothers Core Bond Fund
▇▇▇▇▇▇ Brothers Core Plus Bond Fund
Date: February 28, 2008
▇▇▇▇▇▇ BROTHERS INCOME FUNDS
INSTITUTIONAL CLASS
ADMINISTRATION AGREEMENT
SCHEDULE B
Compensation pursuant to Paragraph 3 of the ▇▇▇▇▇▇ Brothers Income Funds
Institutional Class Administration Agreement shall be:
(1) For the services provided to the Trust or to each Series without
regard to class, 0.06% per annum of the average daily net assets of
the Institutional Class of each Series;
(2) For the services provided to the Institutional Class of a Series and
its shareholders, 0.09% per annum of the average daily net assets of
the Institutional Class of said Series; plus in each case
(3) certain out-of-pocket expenses for technology used for shareholder
servicing and shareholder communication, subject to the prior
approval of an annual budget by the Trust's Board of Trustees,
including a majority of those Trustees who are not interested
persons of the Trust or of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Management Inc., and
periodic reports to the Board of Trustees on actual expenses.
Date: February 28, 2008