AMENDED SCHEDULE A DATED February 1, 2021 to EXPENSE LIMITATION AGREEMENT DATED July 13, 2020 Between WAYCROSS INDEPENDENT TRUST And WAYCROSS PARTNERS, LLC

AMENDED SCHEDULE A

DATED February 1, 2021

to

EXPENSE LIMITATION AGREEMENT

DATED July 13, 2020

Between

WAYCROSS INDEPENDENT TRUST

And

WAYCROSS PARTNERS, LLC

Fund Name		Maximum Operating Expense Limit*			Termination Date
Waycross Long/Short Equity Fund		1.70%			June 30, 2022
Waycross Focused Equity Fund		0.99%			June 30, 2022

* Expressed as a percentage of a Fund’s average daily net assets. This amount is exclusive of brokerage costs, taxes, interest, borrowing costs such as interest and dividend expenses on securities sold short, costs to organize the Fund, Acquired Fund fees and expenses, and extraordinary expenses such as litigation and merger or reorganization costs and other expenses not incurred in the ordinary course of such Fund’s business.

In Witness Whereof, the parties hereto have executed this Amended Schedule A as of the date first above written.

Waycross Independent Trust	Waycross Partners, LLC
By: /s/Xxxxx X. Xxxxxx	By: /s/Xxxxxxxx X. Xxxxxx
Name:  Xxxxx X. Xxxxxx	Name:  Xxxxxxxx X. Xxxxxx
Title:    Trustee	Title:  Managing Partner