SCHEDULE A to the INVESTMENT ADVISORY AGREEMENT Dated December 10, 2020 between LISTED FUNDS TRUST and Morgan Creek Capital Management, LLC
SCHEDULE A
to the
Dated December 10, 2020 between
and
Xxxxxx Creek Capital Management, LLC
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 Fund in accordance with the following fee schedule:
Fund | Rate | ||||
Xxxxxx Creek Exos SPAC Strategy ETF | 1.00% | ||||
Xxxxxx Creek-Exos Active SPAC Arbitrage ETF | 1.25% |
Expenses
The Adviser agrees to pay all expenses incurred by the Funds except for: “Excluded Expenses defined collectively as: the fee paid to the Adviser pursuant to this Agreement, interest charges on any borrowings, dividends and other expenses on securities sold short, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, extraordinary expenses, and distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act. Excluded Expenses are expenses of each Fund.”
The Trust acknowledges and agrees that the Adviser may delegate its responsibility to pay some or all expenses incurred by the Funds, except for Excluded Expenses, to one or more third parties, including but not limited to, Sub-Advisers.
IN WITNESS WHEREOF, the parties hereto have caused this Schedule A to be signed on their behalf by their duly authorized officers as of January 11, 2022.
LISTED FUNDS TRUST | XXXXXX CREEK CAPITAL MANAGEMENT, LLC | |||||||
By: /s/ Xxxx Xxxxxx | By: /s/ Xxxx Xxxxx | |||||||
Name: Xxxx X. Xxxxxx | Name: Xxxx Xxxxx | |||||||
Title: Secretary | Title: CEO & Chief Investment Officer | |||||||