AMENDMENT to INVESTMENT ADVISORY AGREEMENT between LISTED FUNDS TRUST and CLOUGH CAPITAL PARTNERS, L.P.
AMENDMENT to
between
and
XXXXXX CAPITAL PARTNERS, L.P.
This amendment (“Amendment”) to the Investment Advisory Agreement (the “Agreement”) dated as of January 11, 2024, by and between Listed Funds Trust and Xxxxxx Capital Partners, L.P. (together, the “Parties”) is effective as of February 29, 2024.
WHEREAS, the parties desire to amend Schedule A of the Agreement to reflect a reduction of the advisory fee for Xxxxxx Long/Short ETF and to reflect the change of the name of Xxxxxx Long/Short ETF to Xxxxxx Hedged Equity ETF; and,
WHEREAS, Section 12 of the Agreement contemplates amendments and modifications to the Agreement be in writing and executed by the Parties.
NOW THEREFORE, in consideration of the mutual covenants and benefits set forth in the Agreement, the Trust and the Adviser do hereby agree as follows:
1.Capitalized terms not otherwise defined herein shall have the meanings set forth in Agreement.
2.Exhibit A of the Agreement is hereby deleted and replaced in its entirety by Exhibit A attached hereto.
3.Except as expressly amended hereby, all the provisions of the Agreement shall remain unamended and in full force and effect to the same extent as if fully set forth herein.
4.This Amendment shall be governed by, and the provisions of this Amendment shall be construed and interpreted under and in accordance with, the laws of the State of Delaware.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be signed on their behalf by their duly authorized officers as of the date first written above.
on behalf of the series listed on Schedule A | XXXXXX CAPITAL PARTNERS, L.P. | |||||||
By: /s/ Xxxxxxx X. Xxxxxx | By: /s/ Xxxxxx X. Xxxxxx | |||||||
Name: Xxxxxxx X. Xxxxxx | Name: Xxxxxx X. Xxxxxx | |||||||
Title: President | Title: Chief Compliance Officer | |||||||
SCHEDULE A
to the
Dated January 11, 2024 between
and
XXXXXX CAPITAL PARTNERS, L.P.
The Trust will pay to the Adviser as compensation for the Adviser’s services rendered, a fee, computed daily at an annual rate based on the average daily net assets of the respective Fund in accordance with the following fee schedule:
Fund | Rate | ||||
Xxxxxx Hedged Equity ETF | 1.35% | ||||
Xxxxxx Select Equity ETF | 0.85% |
Effective: February 29, 2024