MANAGED PORTFOLIO SERIES OPERATING EXPENSES LIMITATION AGREEMENTOperating Expenses Limitation Agreement • January 21st, 2014 • Managed Portfolio Series • Delaware
THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is made as of the 20th day of January 2014, by and between Managed Portfolio Series, a Delaware statutory trust (the “Trust”), on behalf of the series of the Trust listed on Schedule A, which may be amended from time to time (the “Fund”), and Cove Street Capital, LLC, a Delaware Limited Liability Company (the “Adviser”).
