AMENDMENT NO. 2 TO INVESTMENT SUB-ADVISORY AGREEMENT

AMENDMENT NO. 2 TO INVESTMENT SUB-ADVISORY AGREEMENT

AMENDMENT dated as of the 8th day of August 2019 to the Investment Sub-Advisory Agreement dated May 12, 2016, as amended November 2, 2016 (the “Agreement”) between Aspiriant, LLC and Xxxxx Capital Management, Inc. with respect to Aspiriant Trust.

WHEREAS, the parties desire to revise Schedule A to the Agreement to reflect the deletion of a series of Aspiriant Trust and changes to the fee schedule;

NOW, THEREFORE, the parties hereto agree to amend the Agreement by deleting the existing Schedule A in its entirety and replacing it with the following:

SCHEDULE A

Fund	Sub-Advisory Fee
Aspiriant Risk-Managed Municipal Bond Fund	Assets	Fee

AGREED AND ACCEPTED:
ASPIRIANT, LLC			XXXXX CAPITAL MANAGEMENT, INC.
By:	/s/ Xxxx X.  Xxxxx		By:	/s/ Xxxxx Xxxxxx
Name:	Xxxx X. Xxxxx		Name:	Xxxxx Xxxxxx
Title:	Chief Investment Officer		Title:	Client Service Manager