Common use of Performance of Daily Accounting Services Clause in Contracts

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsPortfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports reports, as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus SMC shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees Directors (hereafter referred to as “Trustees”the "Board"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviseran independent pricing service, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue all necessary and appropriate expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsPortfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”the "Board"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize vii)Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide xii)Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsPortfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio according to instruction received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following The Fund Accountant will provide such fund accounting services daily for each Fundas the Funds may reasonably request, each in accordance with the Fund’s prospectus and statement of additional informationincluding: (i) Calculate Daily pricing of portfolio securities and computing the net asset value per share utilizing prices obtained from and the sources described net income of the Funds in subsection 1(b)(ii) belowaccordance with the Funds’ prospectuses and statements of additional information; (ii) Obtain security prices from independent pricing servicesCalculating the dividend and capital gain distributions (including that needed to avoid all Federal excise taxes) and dividend factors, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”)any; (iii) Verify Verifying and reconcile reconciling each Fund’s daily trade activity with the Fund’s sub-adviser on a daily basis and the Funds’ custodian all daily trade activityon a weekly basis and on each month end; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, Calculating yields, and effective yields, weighted average portfolio maturity, and total returns, as applicable, on all applicable Funds and all classes thereof and such other measure(s) of performance as may be reasonably requested by the Funds; (v) Review Reviewing daily the net asset value calculation and dividend factor (factor, if any) , for each Fund prior to release to shareholders, check checking and confirm confirming the net asset values and dividend factors for reasonableness and deviations, and distribute distributing net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine Determining unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (vii) Amortize Amortizing premiums and accrete accreting discounts on securities purchased at a price other than face value, if requested by the Trusta Fund; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, on variable interest rate instruments; (ix) Post Posting Fund transactions to appropriate categories; (xix) Accrue Accruing all necessary and appropriate expenses of each Fund; (xix) Determine Determining the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions transactions, and (3) income and expense accounts; (xiixi) Provide accounting Preparing the following reports: (1) a current security position report; (2) a summary report of transactions and pending maturities (including the principal, cost, and accrued interest on each portfolio security in maturity date order); (3) a current cash position report (including cash available from portfolio sales and maturities and sales of a Fund’s Shares less cash needed for redemptions and settlement of portfolio purchases); (4) a statement of assets and liabilities; (5) a statement of operations; (6) a statement of changes in net assets; (7) periodic reports to a Fund’s shareholders and the U.S. Securities and Exchange Commission (“SEC”); and (8) such other reports as may be reasonably requested by the Funds from time to time, including with respect to information typically supplied in connection the investment company industry to companies that track or report the price, performance or other information with the Trust’s regular annual audit and other audits and examinations by regulatory agenciesrespect to investment companies; and (xiiixii) Provide such periodic reports Such other similar services with respect to a Fund as may be reasonably requested by the parties shall reasonably agree uponFunds.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus the Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); ; (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports reports, as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees (hereafter referred to as “Trustees”)Directors; (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Company's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus RFS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain In accordance with the Trust’s then current valuation policies and procedures, obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as the “TrusteesBoard”); (iii) Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviseran independent pricing service, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue all necessary and appropriate expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees (hereafter referred to as “the "Trustees”"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Company's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus MNA shall perform the following accounting services daily for each series of the Fund: (i) Journalize investment, capital share and income and expense activities; (ii) Verify investment buy/sell trade tickets when received from the investment adviser for a Series (the “Adviser”) and verify and transmit and reconcile trades to the Fund’s custodian (the “Custodian”) for proper settlement, including a monthly reconciliation with the Custodian; (iii) Maintain individual ledgers for investment securities; (iv) Maintain historical tax lots for each security; (v) Reconcile cash and investment balances of the Fund with the Custodian, and provide the Adviser with the beginning cash balance available for investment purposes; (vi) Update the cash availability throughout the day as required by the Adviser; (vii) Post to and prepare the Statement of Assets and Liabilities and the Statement of Operations; (viii) Calculate various contractual expenses (e.g., advisory and custody fees); (ix) Monitor the expense accruals and notify an officer of the Fund of any proposed adjustments; (x) Control all disbursements and authorize such disbursements upon Written Instructions; (xi) Calculate capital gains and losses; (xii) Determine net income; (xiii) Obtain security market quotes and currency exchange rates from independent pricing sources approved by the Board of Directors, of if such quotes or rates are unavailable, then obtain the same from the Adviser, and in either case calculate the market value of the Fund’s investments in accordance with the Fund’s prospectus and statement valuation policies or guidelines; provided, however, that PNC shall not under any circumstances be under a duty to independently price or value any of additional information:the Fund’s investments itself or to confirm or validate any information or valuation provided by the Adviser or any other pricing source, nor shall PNC have any liability relating to inaccuracies or otherwise with respect to such information or valuations; (ixiv) Calculate Transmit or make available a copy of the daily portfolio valuation to the Adviser; (xv) Compute net asset value per share utilizing prices obtained from and transmit NAV to third parties as instructed by the sources described in subsection 1(b)(ii) belowCompany; (iixvi) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”)perform multi-class accounting; (iiixvii) Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports perform necessary steps in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agenciesany corporate actions; and (xiiixvi) Provide such periodic reports as the parties shall reasonably agree uponAs appropriate, compute yields, total return (including on an after tax basis), expense ratios, portfolio turnover rate, and, if required, portfolio average dollar-weighted maturity.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio according to instruction received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsPortfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus RFS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationTrust: (i) Calculate On each day that the Fund calculates the net asset values, calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fundthe Trust’s investment adviser or its designee, as determined in accordance with procedures adopted and approved by the Trust’s Board of Trustees (hereafter referred to as the “TrusteesBoard”); (iii) Verify and reconcile with the Funds’ Trust’s custodian all daily trade activity; (iv) Compute, as appropriate, each Fundthe Trust’s net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily On each day that the Fund calculates net asset values, review the net asset value calculation and dividend factor (if any) for each Fund the Trust prior to release to shareholdersrelease, check and confirm the net asset values and dividend factors for reasonableness and deviationsreasonableness, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fundyields; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsTrust; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviseran independent pricing service, on variable interest rate instruments; (ix) Post Fund Trust transactions to appropriate categories; (x) Accrue all necessary and appropriate expenses of each Fundthe Trust; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Trust share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); ; (iii) Verify iii)Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize vii)Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio according to instruction received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide xii)Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus SMC shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) : Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) ; Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees Directors (hereafter referred to as “Trustees”the "Board"); (iii) ; Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) ; Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) ; Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) NASDAQ; Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (vii) ; Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Company; Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviseran independent pricing service, on variable interest rate instruments; (ix) ; Post Fund transactions to appropriate categories; (x) ; Accrue all necessary and appropriate expenses of each Fund; (xi) ; Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) ; Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) and Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each FundPortfolio’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the FundsPortfolios’ custodian all daily trade activity; (iv) Compute, as appropriate, each FundPortfolio’s net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsPortfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a FundPortfolio’s investment adviser, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio according to instruction received from the Trust’s administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); ; (iii) Verify iii)Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize vii)Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide xii)Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports reports, as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, total returns, periodic performance, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each Fund according to instructions received from the Fund's Financial Administrator ; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share using amortized cost pricing or utilizing prices obtained from the sources described in subsection 1(b)(ii) below, as appropriate; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile Reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any Portfolio, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the Fundsin variable net asset value Portfolios; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; (ixx) Post Fund Portfolio transactions to appropriate categories; (xxi) Accrue expenses of each FundPortfolio according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each the Fund’s 's investment adviser or its designee, as approved by the Trust’s Fund's Board of Trustees Directors (hereafter referred to as “Trustees”"Directors"); (iii) Verify and reconcile with the Funds’ Fund’s custodian all daily trade activity; (iv) Compute, as appropriate, each the Fund’s 's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each the Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsFund; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustFund; (viii) Update the fund accounting system to reflect rate changes, as received from a the Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each the Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s Fund's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each Fund in accordance with the Fund’s prospectus and statement of additional informationaccounting principles generally accepted for investment companies: (i) Calculate the net asset value per share for each class utilizing prices obtained from the sources described in subsection 1(b)(ii(b)(ii) below; (ii) Obtain security prices from Board-approved independent pricing services, or if such quotes are unavailablewhen required pursuant the Fund’s pricing and valuation guidelines, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”)or from the sources designated by the Board; provided, however, that BISYS shall not be responsible for determining any prices for securities or other instruments held by any of the Funds; (iii) Verify and reconcile with the Funds’ custodian all daily trade investment security and cash activity; (iv) Compute, for each share class, as appropriate, each Fund’s net investment income and capital gains, capital gain distribution factors, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, SEC yield and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund share class prior to release to shareholders, check and confirm the net asset values and distribution/dividend factors for reasonableness and deviationsreasonableness, and distribute net asset values values, distribution factors and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust’s Board on the weekly results of the marked to market valuation of each money market Fund with the comparison to the valuation made on the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the Fundsthat are “marked-to-market”; (viiviii) Amortize premiums and accrete discounts on fixed income securities purchased at a price other than face value, if requested by the Trustpurchased; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, Calculate interest accruals based on current rates on variable interest rate instruments; (ixx) Post Fund transactions and class transactions, including but not limited to capital share activity, income, expenses, and investment security activity, to appropriate categoriesgeneral ledger accounts; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust’s Administrator; (xixii) Maintain original cost of investment securities, calculate realized gain/loss on investment transactions with pre-determined lot selection methodology, and accumulate in appropriate holding period category. (xiii) Post investment transactions on either Trade date or Trade date plus one, based on convention approved by Trust management. Note that on quarter-end this convention may be suspended, due to compliance or financial reporting purposes. (xiv) Verify daily change in performance matches underlying benchmark and/or reconcile variance with Investment Advisor. (xv) Provide requested data to reporting agencies, such as, Morningstar, Lipper, etc. (xvi) Provide access to financial data and reports through Fundlink or comparable remote/internet platform. (xvii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and transactions, (3) income and expense accounts;; and (4) other receivables/payables as necessary. (xiixviii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiiixix) Provide such periodic reports as the parties shall reasonably agree upon. (xx) Calculate the Funds’ portfolio turnover rates. (xxi) Develop and monitor the Fund Accountants’ controls and procedures as necessary for the Trust’s Disclosure, Controls and Procedures and Internal Controls over Financial Reporting under the Sarbanes Oxley Act of 2002. (xxii) Record corporate actions (e.g.,, dividends, splits, spin-offs, mergers, etc.) based on available information in accordance with generally accepted accounting principles.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); ; (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update viii)Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide xiii)Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, total returns, periodic performance, 7-day yields, 7- day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each Fund according to instructions received from the Fund's Financial Administrator ; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as permitted by the Trust’s valuation policies that are approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus CQFS shall perform the following accounting services daily for each Fund, each in accordance with Portfolio and provide such reports to any person designated to the Fund’s prospectus and statement of additional informationTrust: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, designee as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”" Trustees "); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activityactivity and reconcile cash balances; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review Prepare the daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and or such other entities exchange or reporting entity as directed is approved by the FundTrustees; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsPortfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund Trust accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviseradviser or designee, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio according to instructions received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts;; and (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit audit, its semi-annual financial statement, and other audits and examinations by regulatory agencies; and; (xiii) Provide such periodic reports as the parties shall reasonably agree uponMaintain a security reference master.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus RFS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain In accordance with the Company’s then current valuation policies and procedures, obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the TrustCompany’s Board of Trustees Directors (hereafter referred to as the “TrusteesBoard”); (iii) Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviseran independent pricing service, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue all necessary and appropriate expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the TrustCompany’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the ----------------------------------------- maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) belowbelow in accordance with the subject Fund's prospectus; BISYS shall generally follow SEC guidance for dealing with any pricing errors unless otherwise agreed with the Company; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Directors or Trustees (hereafter referred to as “Trustees”the "Board"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Company's Administrator or Sub-Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule or otherwise agreed in writing.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from (“NAV”) of each class of shares offered by each Fund in accordance with the sources described in subsection 1(b)(ii) belowrelevant provisions of the applicable Prospectus of each Fund and applicable regulations under the 1940 Act; (ii) Obtain security prices In each calculation of NAV, apply securities pricing information as required or authorized under the terms of the Portfolio Securities Valuation Procedures of the Trust (“Valuation Procedures”), including (A) pricing information from independent pricing services, with respect to securities for which market quotations are readily available, and (B) if applicable to a particular Fund or if such quotes are unavailableFunds, then obtain such prices fair value pricing information or adjustment factors from each Fund’s investment adviser independent fair value pricing services or its designee, as other vendors approved by the TrustTrust (collectively, “Fair Value Information Vendors”) with respect to securities for which market quotations are not readily available, for which a significant event has occurred following the close of the relevant market but prior to the Fund’s Board of Trustees (hereafter referred pricing time, or which are otherwise required to be made subject to a fair value determination, as “Trustees”)set forth under the Valuation Procedures; (iii) Verify and reconcile with the Funds’ custodian all portfolio holdings and all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields (including 30-day SEC yield), and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s investment advisermarket data providers, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories, accounts, and sub accounts; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust’s Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s regular annual audit audit, any semi-annual audit, and other audits and examinations by regulatory agencies; and; (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule; and (xv) Assist in monitoring for the occurrence of significant events that may require a fair value determination under the Trust’s Valuation Procedures.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Uxxxxxx shall perform the following accounting services daily for each Fund, each in accordance with per the Fund’s prospectus and statement of additional information: (i) Calculate 1.1. calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) 1.2 below; (ii) Obtain 1.2. obtain security prices from independent pricing services, or if such quotes are unavailableunavailable and/or have been subject to override by the Fund’s investment adviser, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify 1.3. verify and reconcile with the Funds’ custodian cash and all daily trade activity; (iv) Compute1.4. compute, as appropriateapplicable, each Fund’s net income and realized capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for 1.5. accrue income of each Fund prior to release to shareholdersbased upon income estimates obtained from independent pricing services, check and confirm the net asset values and dividend factors for reasonableness and deviationsor if such income estimates are unavailable, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received then upon income estimates obtained from a each Fund’s investment adviser, on variable interest rate instrumentsadviser or its designee; (ix) Post 1.6. record investment trades received in proper form from each Fund transactions to appropriate categoriesor its authorized agents on the industry standard T+1 basis; (x) Accrue 1.7. calculate Fund expenses of based on instructions from each Fund’s administrator or entity approved by the Board; (xi) Determine 1.8. determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions transactions, and (3) income and expense accounts; (xii) Provide 1.9. provide system-generated accounting reports in connection with the Trusteach Fund’s regular annual audit and other audits and examinations by regulatory agencies; 1.10. provide such ad hoc reports as agreed to by the parties; 1.11. prepare and maintain the following records upon receipt of information in proper form from each Fund or its authorized agents: (1) cash receipts journal; (2) cash disbursements journal; (3) dividend record; (4) purchase and sales-portfolio securities journals; (5) subscription and redemption journals; (6) security ledgers; (7) broker ledger; (8) general ledger; (9) daily expense accruals; (10) daily income accruals, (11) securities and monies borrowed or loaned and collateral therefore; (12) foreign currency journals; and (13) trial balances; 1.12. provide information typically supplied in the investment company industry to companies that track or report price, performance, or other information concerning investment companies; 1.13. provide accounting information to each Fund’s independent registered public accounting firm for preparation of the Fund’s tax returns; and (xiii) Provide such periodic reports as 1.14. cooperate with and take reasonable actions in performing its duties under this Agreement so that all necessary information is made available to each Fund’s independent public accountants in connection with any audit or the parties shall reasonably agree uponpreparation of any report requested by the Fund.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus the Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from ("NAV") of each class of shares offered by each Fund in accordance with the sources described in subsection 1(b)(ii) belowrelevant provisions of the applicable Prospectus of each Fund and applicable regulations under the 1940 Act; (ii) Obtain security prices In each calculation of NAV, apply securities pricing information as required or authorized under the terms of the valuation policies and procedures of the Company ("Valuation Procedures"), including (A) pricing information from independent pricing services, with respect to securities for which market quotations are readily available, and (B) if applicable to a particular Fund or if such quotes are unavailableFunds, then obtain such prices fair value pricing information or adjustment factors from each Fund’s investment adviser independent fair value pricing services or its designee, as other vendors approved by the Trust’s Company's Board of Trustees (hereafter referred to as “the "Trustees”);" (collectively, "Fair Value Information Vendors") with respect to securities for which market quotations are not readily available, for which a significant event has occurred following the close of the relevant market but prior to the Fund's pricing time, or which are otherwise required to be made subject to a fair value determination, as set forth under the Valuation Procedures. (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Company's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio Fund maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundTrust; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports reports, as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus CQFS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, designee as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”" Trustees "); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and or such other entities exchange or reporting entity as directed is approved by the FundTrustees; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsPortfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund Trust accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviseradviser or designee, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio according to instructions received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) belowbelow in accordance with the subject Fund's prospectus; BISYS shall generally follow SEC guidance for dealing with any pricing errors unless otherwise agreed with the Trust; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”the "Board"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator or Sub-Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule or otherwise agreed in writing.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 30-day yields, including tax-equivalent yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fundin accordance with the Company’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”)Pricing Policy then in effect; (iii) Verify and reconcile with the Funds’ custodian all daily activity, including trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Company’s Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the TrustCompany’s regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsPortfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports reports, as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Portfolios, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the Fundsin variable net asset value Portfolios; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; (ixx) Post Fund Portfolio transactions to appropriate categories; (xxi) Accrue expenses of each FundPortfolio according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize vii)Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio according to instruction received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide xii)Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide xiii)Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each the Fund’s 's investment adviser or its designee, as approved by the Trust’s Fund's Board of Trustees (hereafter referred to as “Trustees”)Directors; (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iv) Compute, as appropriate, each the Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each the Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsFund; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustFund; (viii) Update fund accounting system to reflect rate changes, as received from a the Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each the Fund according to instructions received from the Fund's Investment Adviser; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions transactions, and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s Fund's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from ("NAV") of each class of shares offered by each Fund in accordance with the sources described in subsection 1(b)(ii) belowrelevant provisions of the applicable Prospectus of each Fund and applicable regulations under the 1940 Act; (ii) Obtain security prices In each calculation of NAV, apply securities pricing information as required or authorized under the terms of the valuation policies and procedures of the Trust ("Valuation Procedures"), including (A) pricing information from independent pricing services, with respect to securities for which market quotations are readily available, and (B) if applicable to a particular Fund or if such quotes are unavailableFunds, then obtain such prices fair value pricing information or adjustment factors from each Fund’s investment adviser independent fair value pricing services or its designee, as other vendors approved by the Trust’s Board Trust (collectively, "Fair Value Information Vendors") with respect to securities for which market quotations are not readily available, for which a significant event has occurred following the close of Trustees (hereafter referred the relevant market but prior to the Fund's pricing time, or which are otherwise required to be made subject to a fair value determination, as “Trustees”);set forth under the Valuation Procedures. (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by NASDAQ; [?] (vi) Report to the FundTrust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vivii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiiixx) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update viii)Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide xiii)Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus SMC shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the TrustCompany’s Board of Trustees Directors (hereafter referred to as the “TrusteesBoard”); (iii) Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviseran independent pricing service, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue all necessary and appropriate expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the TrustCompany’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus MNA shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity, verify and reconcile cash and foreign currency daily, verify and reconcile all positions at least monthly; (iv) Compute, as appropriate, each Fund’s Series' net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Series prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by NASDAQ, Fund's transfer agent, the Fund, and other recipients as requested; (vi) Report to the Fund the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, changes on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundSeries; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Fund's regular annual audit and other audits and examinations by regulatory agenciesagencies and make sufficient staff available for issues relating to said audits and examinations; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule. (xv) Post shareholder activity. (xvi) Post and monitor corporate actions not subject to investment adviser election. (xvii) Calculate allocation of income, expenses, and security appreciation/depreciation across multiple classes as appropriate. (xviii) Complete mutual fund database surveys and file as requested. (xix) Provide access to internet-based on-line fund accounting information system, which contains fund accounting records and information that is required to be provided under the terms of this Agreement.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each the Fund’s 's investment adviser or its designee, as approved by the Trust’s Fund's Board of Trustees (hereafter referred to as “Trustees”)Directors; (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iv) Compute, as appropriate, each the Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each the Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsFund; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustFund; (viii) Update fund accounting system to reflect rate changes, as received from a the Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each the Fund according to instructions received from the Fund's Investment Adviser; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions transactions, and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.Fund's regular

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees (hereafter referred to as “Trustees”)Directors; (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust;Company; 2 (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Company's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus the Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) i. Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) . Obtain security prices from authorized independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”)Board; (iii) . Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) . Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, total returns, periodic performance, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) v. Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) . Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; vii. Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (vii) viii. Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by value to the Trustappropriate maturity or other date; (viii) ix. Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviseradviser or other authorized source, on variable interest rate instruments; (ix) x. Post Fund transactions to appropriate categories; (x) xi. Accrue expenses of each Fund according to instructions received from the Fund’s Financial Administrator; (xi) xii. Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) xiii. Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) xiv. Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate exhibit.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from ("NAV") of each class of shares offered by each Fund in accordance with the sources described in subsection 1(b)(ii) belowrelevant provisions of the applicable Prospectus of each Fund and applicable regulations under the 1940 Act; (ii) Obtain security prices from independent In each calculation of NAV, apply securities pricing services, information as required or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by authorized under the Trust’s Board terms of Trustees the valuation policies and procedures of the Trust (hereafter referred to as “Trustees”"Valuation Procedures");. (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); ; (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii3(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the TrustCompany’s Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to the budget prepared by BISYS; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the TrustCompany’s regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”the "Board"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update information in the fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as set forth in Schedule C, and such additional reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus the Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) i. Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) . Obtain security prices from authorized independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”)Board; (iii) . Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) . Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, total returns, periodic performance, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) v. Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) . Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; vii. Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (vii) viii. Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by value to the Trustappropriate maturity or other date; (viii) ix. Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviseradviser or other authorized source, on variable interest rate instruments; (ix) x. Post Fund transactions to appropriate categories; (x) xi. Accrue expenses of each Fund according to instructions received from the Fund's Administrator (as defined below); (xi) xii. Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) xiii. Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) xiv. Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate exhibit.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Xxxxxxx shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each FundPortfolio’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the FundsPortfolios’ custodian all daily trade activity; (iv) Compute, as appropriate, each FundPortfolio’s net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsPortfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a FundPortfolio’s investment adviser, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio according to instruction received from the Trust’s administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 30-day yields, including tax- equivalent yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain obtain, in accordance with the Trust’s valuation procedures for each Fund, security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Computecompute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio Fund maturity; (v) Review review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post post Fund transactions to appropriate categories; (x) Accrue accrue expenses of each Fund; (xi) Determine determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide provide such periodic reports reports, as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Citi shall perform the following accounting services daily for each Fund, each Fund in accordance with the Fund’s prospectus and statement of additional informationaccounting principles generally accepted for investment companies: (i) Calculate the net asset value per share for each class utilizing prices obtained from the sources described in subsection 1(b)(ii(b)(ii) below; (ii) Obtain security prices from Board-approved independent pricing services, or if such quotes are unavailablewhen (iii) required pursuant the Fund’s pricing and valuation guidelines, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”)or from the sources designated by the Board; provided, however, that Citi shall not be responsible for determining any prices for securities or other instruments held by any of the Funds; (iiiiv) Verify and reconcile with the Funds’ custodian all daily trade investment security and cash activity; (ivv) Compute, for each share class, as appropriate, each Fund’s net investment income and capital gains, capital gain distribution factors, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, SEC yield and weighted average portfolio maturity; (vvi) Review daily the net asset value calculation and dividend factor (if any) for each Fund share class prior to release to shareholders, check and confirm the net asset values and distribution/dividend factors for reasonableness and deviationsreasonableness, and distribute net asset values values, distribution factors and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vivii) Report to the Trust’s Board on the weekly results of the marked to market valuation of each money market Fund with the comparison to the valuation made on the amortized cost basis; (viii) Determine unrealized appreciation and depreciation on securities held by the Fundsthat are “marked-to- market”; (viiix) Amortize premiums and accrete discounts on fixed income securities purchased at a price other than face value, if requested by the Trustpurchased; (viiix) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, Calculate interest accruals based on current rates on variable interest rate instruments; (ixxi) Post Fund transactions and class transactions, including but not limited to capital share activity, income, expenses, and investment security activity, to appropriate categoriesgeneral ledger accounts; (xxii) Accrue expenses of each FundFund according to instructions received from the Trust’s Administrator; (xixiii) Maintain original cost of investment securities, calculate realized gain/loss on investment transactions with pre-determined lot selection methodology, and accumulate in appropriate holding period category. (xiv) Post investment transactions on either Trade date or Trade date plus one, based on convention approved by Trust management. Note that on quarter-end this convention may be suspended, due to compliance or financial reporting purposes. (xv) Verify daily change in performance matches underlying benchmark and/or reconcile variance with Investment Advisor. (xvi) Provide requested data to reporting agencies, such as, Morningstar, Lipper, etc. (xvii) Provide access to financial data and reports through Fundlink or comparable remote/internet platform. (xviii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and transactions, (3) income and expense accounts;; and (4) other receivables/payables as necessary. (xiixix) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiiixx) Provide such periodic reports as the parties shall reasonably agree upon. (xxi) Calculate the Funds’ portfolio turnover rates. (xxii) Develop and monitor the Fund Accountants’ controls and procedures as necessary for the Trust’s Disclosure, Controls and Procedures and Internal Controls over Financial Reporting under the Sarbanes Oxley Act of 2002. (xxiii) Record corporate actions (e.g., dividends, splits, spin-offs, mergers, etc.) based on available information in accordance with generally accepted accounting principles.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s Fund's Board of Trustees Directors (hereafter referred to as “Trustees”"Directors"); ; (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; Fund; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, changes on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s Fund's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees (hereafter referred to as “Trustees”)Directors; (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instruction received from the Company's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update viii)Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide xiii)Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, ,dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize vii)Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide xii)Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from ("NAV") of each class of shares offered by each Fund in accordance with the sources described in subsection 1(b)(ii) belowrelevant provisions of the applicable Prospectus of each Fund and applicable regulations under the 1940 Act; (ii) Obtain security prices In each calculation of NAV, apply securities pricing information as required or authorized under the terms of the valuation policies and procedures of the Trust ("Valuation Procedures"), including (A) pricing information from independent pricing services, with respect to securities for which market quotations are readily available, and (B) if applicable to a particular Fund or if such quotes are unavailableFunds, then obtain such prices fair value pricing information or adjustment factors from each Fund’s investment adviser independent fair value pricing services or its designee, as other vendors approved by the Trust’s Board Trust (collectively, "Fair Value Information Vendors") with respect to securities for which market quotations are not readily available, for which a significant event has occurred following the close of Trustees (hereafter referred the relevant market but prior to the Fund's pricing time, or which are otherwise required to be made subject to a fair value determination, as “Trustees”)set forth under the Valuation Procedures; (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; reconcile the Funds' accounting positions to the Funds' custodial position on a daily basis; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiiixx) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize vii)Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio according to instruction received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide xii)Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); ; (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; ; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; ; (ixx) Post Fund transactions to appropriate categories; ; (xxi) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with according to instructions received from the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.'s Administrator;

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); ; (iii) Verify iii)Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize vii)Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update viii)Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide xii)Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide xiii)Provide such periodic reports reports, as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); ; (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each FundPortfolio according to instructions received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each the Fund’s 's investment adviser or its designee, as approved by the Trust’s Fund's Board of Trustees Directors (hereafter referred to as “Trustees”"Directors"); ; (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; ; (iv) Compute, as appropriate, each the Fund’s 's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each the Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Fund; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; Fund; (viii) Update fund accounting system to reflect rate changes, as received from a the Fund’s 's investment adviser, on variable interest rate instruments; ; (ix) Post Fund transactions to appropriate categories; ; (x) Accrue expenses of each the Fund according to instructions received from the Fund; 's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s Fund's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each the Fund’s 's investment adviser or its designee, as approved by the Trust’s Fund's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Fund’s custodian all daily trade activity; (iv) Compute, as appropriate, each the Fund’s 's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each the Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsFund; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustFund; (viii) Update the fund accounting system to reflect rate changes, as received from a the Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each the Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s Fund's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; ; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); ; (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; NASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update viii)Update fund accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviser, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide xiii)Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, total returns, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees Directors (hereafter referred to as “Trustees”"Directors"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each the Fund’s 's investment adviser or its designee, as approved by the Trust’s Fund's Board of Trustees Directors (hereafter referred to as “Trustees”"Directors"); ; (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; ; (iv) Compute, as appropriate, each the Fund’s 's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each the Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Fund; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; Fund; (viii) Update fund accounting system to reflect rate changes, as received from a the Fund’s 's investment adviser, on variable interest rate instruments; ; (ix) Post Fund transactions to appropriate categories; ; (x) Accrue expenses of each the Fund according to instructions received from the Fund; 's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s Fund's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each monthly or as frequently as necessary in accordance with the Fund’s prospectus and statement of additional informationfor each Fund: (i) Calculate monthly the net asset value per share unit utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each consistent with the Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”)Valuation Policy; (iii) Verify and reconcile with the Funds’ Fund’s custodian all daily trade activity; (iv) Compute, as appropriate, each the Fund’s 's net income and capital gains, dividend payablesall income and capital gain distributions, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily monthly the net asset value calculation and dividend factor (if any) for each the Fund prior to release to shareholdersunitholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Determine unrealized appreciation and depreciation on securities held by the FundsFund; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustFund; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each the Fund and submit changes to accruals and expense items to the Fund’s executive officers for review and approval and make necessary and appropriate adjustments over such periods to reflect over-accruals and under-accruals of estimated expenses, or income; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share unit transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s Fund's regular annual audit and other audits and examinations by regulatory agencies; and; (xiii) Provide such periodic reports reports, as the parties shall reasonably agree upon; (xiv) Prepare Fund budgets, pro-forma financial statements, expense and profit/loss projections, and fee waiver/expense reimbursement projections on a periodic basis; (xv) Monitor, if applicable, the Fund’s expense limitation and provide the Fund’s executive officers and portfolio manager with a periodic report regarding compliance with expense limitation in effect; (xvi) Calculate and accrue fee waivers and expense reimbursements and invoice and collect expense reimbursements on behalf of the Fund; and (xvii) With respect to the services provided hereunder, assist the Fund in connection with its obligations under Sections 302 and 906 of the Xxxxxxxx-Xxxxx Act of 2002 and Rules 30a-2 and 30a-3 under the 1940 Act, including delivery of appropriate sub-certifications to Fund officers who are required to file certifications in accordance with the Xxxxxxxx-Xxxxx Act of 2002.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share in accordance with the Fund's Prospectus and Statement of Additional Information utilizing prices obtained from the sources described in subsection 1(b)(ii1(a)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designeesuch other appropriate sources in accordance with the Trust's Pricing Procedures, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any Money Market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information:: 2 (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from ("NAV") of each class of shares offered by each Fund in accordance with the sources described in subsection 1(b)(ii) belowrelevant provisions of the applicable Prospectus of each Fund and applicable regulations under the 1940 Act; (ii) Obtain security prices In each calculation of NAV, apply securities pricing information as required or authorized under the terms of the valuation policies and procedures of the Trust ("Valuation Procedures"), including (A) pricing information from independent pricing services, with respect to securities for which market quotations are readily available, and (B) fair value pricing determinations made or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred of the Trust, with respect to securities for which market quotations are not readily available, or which are otherwise required to be made subject to a fair value determination, as “Trustees”)set forth under the Valuation Procedures; (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus MNA shall perform the following accounting services daily for each series of the Fund: (i) Journalize investment, capital share and income and expense activities; (ii) Verify investment buy/sell trade tickets when received from the investment adviser for a Series (the “Adviser”) and verify and transmit and reconcile trades to the Fund’s custodian (the “Custodian”) for proper settlement, including a monthly reconciliation with the Custodian; (iii) Maintain individual ledgers for investment securities; (iv) Maintain historical tax lots for each security; (v) Reconcile cash and investment balances of the Fund with the Custodian, and provide the Adviser with the beginning cash balance available for investment purposes; (vi) Update the cash availability throughout the day as required by the Adviser; (vii) Post to and prepare the Statement of Assets and Liabilities and the Statement of Operations; (viii) Calculate various contractual expenses (e.g., advisory and custody fees); (ix) Monitor the expense accruals and notify an officer of the Fund of any proposed adjustments; (x) Control all disbursements and authorize such disbursements upon Written Instructions; (xi) Calculate capital gains and losses; (xii) Determine net income; (xiii) Obtain security market quotes and currency exchange rates from independent pricing sources approved by the Board of Directors, of if such quotes or rates are unavailable, then obtain the same from the Adviser, and in either case calculate the market value of the Fund’s investments in accordance with the Fund’s prospectus and statement valuation policies or guidelines; provided, however, that the Fund’s accounting agent shall not under any circumstances be under a duty to independently price or value any of additional information:the Fund’s investments itself or to confirm or validate any information or valuation provided by the Adviser or any other pricing source, nor shall the Fund’s accounting agent have any liability relating to inaccuracies or otherwise with respect to such information or valuations; (ixiv) Calculate Transmit or make available a copy of the daily portfolio valuation to the Adviser; (xv) Compute net asset value per share utilizing prices obtained from and transmit NAV to third parties as instructed by the sources described in subsection 1(b)(ii) belowCompany; (iixvi) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”)perform multi-class accounting; (iiixvii) Verify and reconcile with the Funds’ custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports perform necessary steps in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agenciesany corporate actions; and (xiiixvi) Provide such periodic reports as the parties shall reasonably agree uponAs appropriate, compute yields, total return (including on an after tax basis), expense ratios, portfolio turnover rate, and, if required, portfolio average dollar-weighted maturity.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus CQFS shall perform all of the Trusts' daily accounting services for each portfolio as is usual, customary and necessary; without limitation, those services include the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, designee as approved by the Trust’s 's Board of Trustees (hereafter referred to as “Trustees”" Trustees "); (iii) Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and or such other entities exchange or reporting entity as directed is approved by the FundTrustees; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund Trust accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviseradviser or designee, on variable interest rate instruments; (ix) Post Fund Portfolio transactions to appropriate categories; (x) Accrue expenses of each FundPortfolio according to instructions received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information:; (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) belowbelow in accordance with the Funds' prospectus; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Board Company's board of Trustees Trustees/Directors (hereafter referred to as “Trustees”"Directors"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s Funds' net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions transaction to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Company's Fund Accountant; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Company's Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Company's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus ICA shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate Timely calculate (in accordance with the methods specified by the Board of Trustees) and transmit to the Trust, its transfer agent and, if applicable, to NASDAQ or any other market center or similar consolidator of quotation information for which reporting may become required during the term of this agreement by any governmental or regulatory agency, the Fund's daily net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) belowvalue; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s investment adviser or its designee, as approved by the Trust’s Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ Fund's custodian all daily trade activity; (iviii) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (viv) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations; (v) Report to the Trust the daily market pricing of securities in money market funds, and distribute net asset values and yields if any, with the comparison to NASDAQ and such other entities as directed by the Fundamortized cost basis; (vi) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus BISYS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii3(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees (hereafter referred to as “Trustees”); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to the budget prepared by BISYS; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s 's prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ix) Post Fund transactions to appropriate categories; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus CQFS shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional informationPortfolio: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s Portfolio's investment adviser or its designee, designee as approved by the Trust’s 's Board of Trustees Directors (hereafter referred to as “Trustees”" Trustees "); ; (iii) Verify iii)Verify and reconcile with the Funds’ Portfolios' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s Portfolio's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund Portfolio prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and or such other entities exchange or reporting entity as directed is approved by the Fund; Trustees; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; Portfolios; (vii) Amortize vii)Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund Trust accounting system to reflect rate changes, as received from a Fund’s Portfolio's investment adviseradviser or designee, on variable interest rate instruments; ; (ix) Post Fund Portfolio transactions to appropriate categories; ; (x) Accrue expenses of each Fund; Portfolio according to instructions received from the Trust's administrator; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund Portfolio share transactions and (3) income and expense accounts; (xii) Provide accounting reports in connection with the Trust’s regular annual audit and other audits and examinations by regulatory agencies; and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value and public offering price per share utilizing prices obtained from the sources described in subsection 1(b)(ii1 (b)(ii) below; (ii) Obtain security prices from independent pricing servicespricing, services approved by the Company's Board of Directors, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees Directors (hereafter referred to as “Trustees”"Directors"); (iii) Verify and reconcile with the Funds’ each Fund's custodian and investment adviser all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, and 7- day effective yields, 30-day yields, weighted average portfolio maturitymaturity and marked-to-market portfolio security valuations that are determined using the amortized cost method; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ NASDAQ, the Fund's transfer agent and such other entities as directed client locations requested by the FundCompany; (vi) Report to the Company the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate general ledger categories; (xxi) Accrue expenses (including fees payable to service providers) of each FundFund according to instructions received from the Company's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and; (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, at such times that the parties agree upon, as set forth in a separate writing, including without limitation reports used in preparation of financial reports, regulatory fillings, compliance reporting, total return and tax reporting; (xv) Post summary shareholder activity received from the Funds' transfer agent and reconcile share balances, including receivables and payables, with the Funds' transfer agent; (xvi) Respond to surveys from industry publications including, but not limited to, Lipper, Morningstar, Xxxxxxxx, XXXXXX, Standard & Poors's and the Investment Company Institute; (xvii) Prepare and file semi-annual and annual financial statements; (xviii) Prepare and file Form N-SAR; (xix) Calculate and distribute all standard performance information; (xx) Register Fund portfolios with NASDAQ: (xxi) Prepare financial materials for Board books; (xxii) Calculate income and capital gain distributions in compliance with income tax and excise tax distribution requirements; (xxiii) Review all dividend declarations to ensure that such distributions are not "preferential" under the Internal Revenue Code; and (xxiv) Review and file federal and state income tax returns and federal excise tax returns within statutory deadlines.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share and public offering price utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s Company's Board of Trustees (hereafter referred to as “"Trustees”"); (iii) Allocate income, expenses, and realized and unrealized gains and losses on multi-class funds in accordance with a methodology prescribed by Rule 18f-3 under the Investment Company Act of 1940; (iv) Post summary shareholder activity received from the Company's transfer agent and reconcile share balances and outstanding payables and receivables for capital share transactions with the transfer agent; (v) Complete and return surveys from industry publications including but not limited to Lipper, Morningstar, Xxxxxxxx, XXXXXX, Standard and Poors, and the Investment Company Institute; (vi) Report daily cash availability to the Company's investment adviser or appointed sub-advisers; (vii) Reconcile cash, foreign currency and security holdings with the Company's custodian; (viii) Identify, research and post to the general ledger of the Funds all corporate actions; (ix) Provide the Company's investment adviser and any sub-adviser with access to Fund Station; (x) Provide necessary assistance to the Company's investment adviser and, if applicable, the Company's Valuation Committee with regard to the fair valuation of securities; (xi) Verify and reconcile with the Funds’ Company's custodian and investment adviser all daily trade activity; (ivxii) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, 30-day SEC advertised yield, and weighted average portfolio maturity; (vxiii) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ NASDAQ, the Company's transfer agent and such other entities third parties, as directed by the FundCompany; (vixiv) Report to the Company the daily market pricing of securities in any money market Funds, and the deviation of the net asset value using market pricing from the net asset value using amortized cost; (xv) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viixvi) Amortize premiums and accrete accrue discounts on securities purchased at a price other than face value, if requested by the TrustCompany; (viiixvii) Update fund accounting system to reflect rate changes, as received from a Fund’s investment adviser, on variable interest rate instruments; (ixxviii) Post Fund transactions to appropriate categoriesgeneral ledger accounts in accordance with GAAP; (xxix) Accrue expenses of each FundFund according to instructions received from the Company's sub-administrator; (xixx) Determine and reconcile the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and transactions, (3) income and expense accountsaccounts and (4) other miscellaneous payables and receivables; (xiixxi) Provide accounting reports in connection with the Trust’s Company's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixxii) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus Fund Accountant shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees Trustees/ Directors (hereafter referred to as “Trustees”"Directors"); (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, 7-day yields, 7-day effective yields, 30-day yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the FundNASDAQ; (vi) Report to the Trust the daily market pricing of securities in any money market Funds, with the comparison to the amortized cost basis; (vii) Determine unrealized appreciation and depreciation on securities held by the in variable net asset value Funds; (viiviii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; (viiiix) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; (ixx) Post Fund transactions to appropriate categories; (xxi) Accrue expenses of each FundFund according to instructions received from the Trust's Administrator; (xixii) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; (xiixiii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and (xiiixiv) Provide such periodic reports as the parties shall reasonably agree upon, as set forth in a separate schedule.

Performance of Daily Accounting Services. In addition to the maintenance of the books and records specified above, Ultimus shall perform the following accounting services daily for each Fund, each in accordance with the Fund’s prospectus and statement of additional information: (i) Calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1(b)(ii) below; ; (ii) Obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from each Fund’s 's investment adviser or its designee, as approved by the Trust’s 's Board of Trustees (hereafter referred to as “"Trustees”"); ; (iii) Verify and reconcile with the Funds’ ' custodian all daily trade activity; ; (iv) Compute, as appropriate, each Fund’s 's net income and capital gains, dividend payables, dividend factors, yields, and weighted average portfolio maturity; (v) Review daily the net asset value calculation and dividend factor (if any) for each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and yields to NASDAQ and such other entities as directed by the Fund; ; (vi) Determine unrealized appreciation and depreciation on securities held by the Funds; ; (vii) Amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Trust; ; (viii) Update fund accounting system to reflect rate changes, as received from a Fund’s 's investment adviser, on variable interest rate instruments; ; (ix) Post Fund transactions to appropriate categories; ; (x) Accrue expenses of each Fund; (xi) Determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; ; (xii) Provide accounting reports in connection with the Trust’s 's regular annual audit and other audits and examinations by regulatory agencies; and and (xiii) Provide such periodic reports as the parties shall reasonably agree upon.