0000707800-16-000063 Sample Contracts

CUSTODY AGREEMENT by and between EACH FUND LISTED ON THE SIGNATURE PAGE HERETO and THE BANK OF NEW YORK MELLON
Custody Agreement • April 22nd, 2016 • Aquila Funds Trust • New York

CUSTODY AGREEMENT, dated as of the latest date set forth on the signature page hereto, between each investment company listed on the signature page hereto (each, a "Fund" and collectively, the "Funds") and THE BANK OF NEW YORK MELLON, a bank organized under the laws of the state of New York (the "Custodian").

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FUND ACCOUNTING AGREEMENT
Fund Accounting Agreement • April 22nd, 2016 • Aquila Funds Trust • New York

THIS AGREEMENT is made as of January 28, 2016 by and between each investment company referenced on the signature page hereto (each a "Fund", collectively the "Funds"), and BNY Mellon Investment Servicing (US) Inc., a Massachusetts corporation ("BNY Mellon").

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