APPENDIX B CUSTODY AGREEMENT
APPENDIX B
The following portfolios (“Funds”) are hereby made parties to the Custody Agreement dated July 30, 2008, with UMB Bank, n.a. (“Custodian”) and World Funds Trust, and agree to be bound by all the terms and conditions contained in said Agreement:
UNION STREET PARTNERS
VALUE FUND
XXXXXXX DISCOVERY FUND
VIRGINIA EQUITY FUND
X. XXXXX DIVERSIFIED
EQUITY FUND
REMS INTERNATIONAL REAL ESTATE VALUE OPPORTUNITY FUND
REMS REAL
ESTATE VALUE OPPORTUNITY FUND
REMS REAL ESTATE INCOME 50/50 FUND
| WORLD FUNDS TRUST | ||
| Attest: | By: /s/ Xxxx Xxxxx, III | |
| Name: Xxxx Xxxxx, III | ||
| Title: Chairman | ||
| Date: 8/15/2014 | ||
| UMB BANK, N.A. | ||
| Attest: | By: /s/ Xxxxxx X. Xxxxxxx | |
| Name: Xxxxxx X. Xxxxxxx | ||
| Title: Vice President | ||
| Date: 8/15/2014 | ||
1
APPENDIX C
Eligible Funds and Borrowing Limitations – World Funds Trust
| Fund Name | Acceptable Reason | Limitation |
| Union Street Partners Value Fund | Temporary emergency only | Limited to extent allowed under the 1940 Act |
| Xxxxxxx Discovery Fund | Temporary emergency only | Limited to extent allowed under the 1940 Act |
| Virginia Equity Fund | Temporary emergency only | Limited to extent allowed under the 1940 Act |
| X. Xxxxx Diversified Equity Fund | Temporary emergency only | Limited to extent allowed under the 1940 Act |
| REMS International Real Estate Value Opportunity Fund | Temporary emergency only | Limited to extent allowed under the 1940 Act |
| REMS Real Estate Value Opportunity fund | Temporary emergency only | Limited to extent allowed under the 1940 Act |
| REMS Real Estate Income 50/50 Fund | Temporary emergency only | Limited to extent allowed under the 1940 Act |
2
