Third Amendment to Administration, Bookkeeping and Pricing Services Agreement

Third Amendment to Administration, Bookkeeping and Pricing Services Agreement

This Third Amendment (“Amendment”) is made as of February 7, 2017 (the “Effective Date”) between Stadion Investment Trust (the “Trust”), organized as a statutory trust under the laws of the State of Delaware, and ALPS Fund Services, Inc. (“ALPS”), a Colorado corporation.

WHEREAS, the Trust and ALPS previously entered into an Administration, Bookkeeping and Pricing Services Agreement dated January 17, 2013, as amended April 27, 2017 and August 7, 2017 (the “Agreement”);

WHEREAS, the Trust and ALPS wish to amend Sections 15(a) and 15(e) of the Agreement; and

WHEREAS, all capitalized terms used in the Amendment and not defined herein shall have the meaning ascribed to them in the Agreement.

NOW, THEREFORE, in consideration of the foregoing and the mutual promises set forth below and other good and value consideration the sufficiency of which is acknowledged, the parties hereto, intending to be legally bound, agree that the Agreement shall be amended as follows:

1. Section 15 (a) is deleted and replaced in its entirety with the following:

(a) Initial Term. This Agreement shall become effective as of April 27, 2017 (the “Start Date”) and shall continue thereafter throughout the period that ends three (3) years after the Start Date (the “Initial Term”).

Until the end of the Initial Term, this Agreement may be terminated without penalty only by (i) the agreement of the parties, (ii) due to the liquidation of the Funds, (iii) a conversion of the Funds to Exchange Traded Funds, if ALPS continues to be the service provider, or (iv) for cause pursuant to Section 15(c) hereof.

Until the end of the Initial Term, this Agreement may be terminated by the Trust with penalty as follows: (1) for reasons unrelated to (i)-(iv) above or 15(c) below; or (2) upon a change in control of Stadion Money Management, LLC (“Stadion”), or any entity that controls, directly or indirectly, in the aggregate, a majority of the voting interest of Stadion, upon sixty (60) calendar days prior written notice delivered to ALPS. In the event of such termination with penalty, in the case of (1) the Trust shall pay to ALPS prior to the end of such sixty (60) calendar days, an amount equal to the fees due for the remaining amount of the Initial Term, which include any unpaid fees earned through the date of termination and the balance of all future annual minimum fees due under the remaining Term of the Agreement that follows the date of termination, as determined under Appendix C; and in the case of (2) the penalty shall be limited to thirty thousand US dollars ($30,000.00).

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2. Section 15 (e) is deleted and replaced in its entirety with the following:

(e) Fees and Expenses Upon Termination (Exclusive of Termination Penalty). Should either party exercise its rights to terminate, all reasonably out-or-pocket expenses or costs associated with the movement of the Funds’ records and material will be borne by the Trust. Additionally, ALPS reserves the right to charge a maximum of $25,000 for its de-conversion services determined in its commercially reasonable but sole discretion. Such de-conversion fees shall be exclusive of any termination penalties or damages under this Agreement.

Other than as amended hereby, all other provisions of the Agreement shall remain unchanged and remain in full force and effect. This Amendment shall be deemed to be an amendment to the Agreement and shall be governed, construed and interpreted in accordance with the laws of the State of Colorado, and the 1940 Act and the rules thereunder. To the extent that the laws of the State of Colorado conflict with the 1940 Act or such rules, the latter shall control.

IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.

STADION INVESTMENT TRUST			ALPS FUND SERVICES, INC.
By:	/s/ Xxxxxx Xxxxxxx		By:	/s/ Xxxxxx X. May
Name:	Xxxxxx Xxxxxxx		Name:	Xxxxxx X. May
Title:	President		Title:	President

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