0000891092-11-007205 Sample Contracts

AMENDMENT NO. 1 TO PFO/TREASURER SERVICES AGREEMENT
Pfo/Treasurer Services Agreement • October 28th, 2011 • RevenueShares ETF Trust

This Amendment No. 1 (“Amendment No. 1”) to the PFO/Treasurer Services Agreement dated January 29, 2008, by and between RevenueShares ETF Trust and Foreside Management Services, LLC (the “Agreement”), is made as of the 30th day of June 2010 (“Amendment Effective Date”). Capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Agreement.

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VTL Associates, LLC One Commerce Square 2005 Market Street, Suite 2020 Philadelphia, PA 19103
RevenueShares ETF Trust • October 28th, 2011

By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, VTL Associates, LLC (the “Adviser”), agrees that, with respect to the funds listed on Schedule A hereto (each, a “Fund” and collectively, the “Funds”), which are series of the RevenueShares ETF Trust, the Adviser shall, from October 28, 2011 through October 28, 2012, waive all or a portion of its investment advisory fees and/or reimburse expenses (excluding any taxes, interest, brokerage fees, certain insurance costs and extraordinary expenses) in an aggregate amount equal to the amount by which a Fund’s total operating expenses (excluding any taxes, interest, brokerage fees, certain insurance costs and extraordinary expenses) exceeds the amount opposite such Fund’s name on Schedule A hereto (excluding any taxes, interest, brokerage fees, certain insurance costs and extraordinary expenses).

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