Two Roads Shared Trust Investment Advisory Agreement

Two Roads Shared Trust

Investment Advisory Agreement

AMENDED EXHIBIT A

Effective August 1, 2015

Fund	Investment Advisory Fee
Redwood Managed Volatility Portfolio	1.25%

TWO ROADS SHARED TRUST,

On behalf of the Redwood Managed Volatility Portfolio

By: /s/ Xxxxxx Xxxxxx

Name: Xxxxxx Xxxxxx

Title: President

REDWOOD INVESTMENT MANAGEMENT, LLC

By: /s/ Xxxxxxx Xxxxxxxxx

Name: Xxxxxxx Xxxxxxxxx

Title: Principal

1