0000891092-18-001127 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • February 9th, 2018 • Horizons ETF Trust I • New York

AGREEMENT dated February 9, 2018, between Horizons ETFs Management (US) LLC, a Delaware limited liability company whose principal place of business is 625 Madison Avenue, 3rd Floor, New York, NY 10022 (the “Adviser”), and Cadence Capital Management LLC, a Delaware limited liability company whose principal place of business is 265 Franklin Street, 4th Floor, Boston, Massachusetts 02110-3113 (the “Sub-Adviser”) and shall be deemed effective for each series of the Horizons ETF Trust I, a Delaware statutory trust (the “Trust”) set forth in Schedule A (each, a “Fund” and collectively, the “Funds”) on the date set forth in Schedule A in accordance with Section 11 hereof.

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SECOND AMENDMENT TO ETF DISTRIBUTION AGREEMENT
Etf Distribution Agreement • February 9th, 2018 • Horizons ETF Trust I • Delaware

This Second Amendment (“Amendment”) to the ETF Distribution Agreement dated as of May 31, 2017 (the “Agreement”), by and between Horizons ETF Trust 1 (the “Trust”), and Foreside Fund Services, LLC (“Distributor”), is entered into as of November 30, 2017 (the “Effective Date”).

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