0000894189-16-007080 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • January 26th, 2016 • Horizon Funds • Wisconsin

THIS AGREEMENT is effective and entered into as of February 8, 2016, by and between Horizon Funds, a Delaware statutory trust (the “Trust”) and Quasar Distributors, LLC, a Delaware limited liability company (the “Distributor”). Horizon Investments, LLC, a South Carolina limited liability company, and the investment adviser to the Trust (the “Adviser”), is a party hereto with respect to Sections 3 F. and 6 only.

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FUND ACCOUNTING SERVICING AGREEMENT
Fund Accounting Servicing Agreement • January 26th, 2016 • Horizon Funds • Wisconsin

THIS AGREEMENT is effective and entered into as of February 8, 2016, by and between HORIZON FUNDS, a Delaware trust (the “Trust”), and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).

FUND ADMINISTRATION SERVICING AGREEMENT
Fund Administration Servicing Agreement • January 26th, 2016 • Horizon Funds • Wisconsin

THIS AGREEMENT is effective and entered into as of February 8, 2016, by and between HORIZON FUNDS, a Delaware trust, (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).

HORIZON FUNDS EXPENSE LIMITATION AGREEMENT
Horizon Funds • January 26th, 2016 • Horizon Funds

This Agreement is into effective as of _______, 2015 by and between Horizon Funds, a Delaware statutory trust (the “Trust”), on behalf of Horizon Active Risk Assist Fund, a series of shares of the Trust (the “Fund”), and Horizon Investments, LLC, a South Carolina limited liability company (the “Adviser”).

HORIZON FUNDS EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • January 26th, 2016 • Horizon Funds

This Agreement is into effective as of _______, 2015 by and between Horizon Funds, a Delaware statutory trust (the “Trust”), on behalf of Horizon Active Asset Allocation Fund, a series of shares of the Trust (the “Fund”), and Horizon Investments, LLC, a South Carolina limited liability company (the “Adviser”).

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