First Amended Schedule A to the Investment Advisory Agreement
First Amended Schedule A
to the
This First Amended Schedule A, dated December 13, 2015, modifies the Investment Advisory Agreement, dated August 19, 2015, between Ultimus Managers Trust, on behalf of the Funds listed below, and Alambic Investment Management, L.P.
Name of Fund
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Fee*
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Alambic Small Cap Value Plus Fund
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0.95%
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Alambic Small Cap Growth Plus Fund
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0.95%
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* | As a percent of average daily net assets. Note, however, that the Adviser shall have the right, but not the obligation, to voluntarily waive any portion of the advisory fee from time to time. |
IN WITNESS WHEREOF, the parties hereto have signed this First Amended Schedule A as of the date first written above.
Xxxxxxx Managers Trust
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Alambic Investment Management, L.P.
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By:
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/s/Xxxxx X. Xxxxxx
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By:
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/s/Xxxxxx X. Xxxxxxxxx
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Name:
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Xxxxx X. Xxxxxx
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Name:
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Xxxxxx X. Xxxxxxxxx
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Title:
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President
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Title:
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Partner
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