0000894189-16-012241 Sample Contracts

FORM OF INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • October 7th, 2016 • Horizon Funds • Delaware

This Agreement is made and entered into effective as of ______, 2016, by and between Horizon Funds, a Delaware statutory trust (the “Trust”), on behalf of Horizon Dynamic Dividend 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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HORIZON FUNDS FORM OF EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • October 7th, 2016 • Horizon Funds

This Agreement is into effective as of _______, 2016 by and between Horizon Funds, a Delaware statutory trust (the “Trust”), on behalf of Horizon Defined Risk Fund, a series of shares of the Trust (the “Fund”), and Horizon Investments, LLC, a South Carolina limited liability company (the “Adviser”).

FORM OF FIRST AMENDMENT TO THE HORIZON FUNDS FUND ACCOUNTING SERVICING AGREEMENT
Fund Accounting Servicing Agreement • October 7th, 2016 • Horizon Funds

THIS FIRST AMENDMENT dated as of the 4TH day of October, 2016, to the Fund Accounting Servicing Agreement, dated as of February 8, 2016 (the “Agreement”), is entered into 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 FORM OF ADDENDUM TO THE TRANSFER AGENT SERVICING AGREEMENT
Transfer Agent Servicing Agreement • October 7th, 2016 • Horizon Funds

THIS ADDENDUM, effective as of November 1, 2016, to the Transfer Agent Servicing Agreement dated as of February 8, 2016, (the “Agreement”), is entered into by and between HORIZON FUNDS, a Delaware statutory trust, (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).

FORM OF FIRST AMENDMENT TO THE HORIZON FUNDS CUSTODY AGREEMENT
Custody Agreement • October 7th, 2016 • Horizon Funds

THIS FIRST AMENDMENT dated as of the 4th day of October, 2016, to the Custody Agreement, dated as of February 8, 2016 (the “Agreement”), is entered into by and between HORIZON FUNDS, a Delaware trust (the “Trust”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association (the “Custodian”).

HORIZON FUNDS FORM OF FIRST AMENDMENT TO THE DISTRIBUTION AGREEMENT
Distribution Agreement • October 7th, 2016 • Horizon Funds

THIS FIRST AMENDMENT, effective as of November 1, 2016, to the Distribution Agreement dated as of February 8, 2016, (the “Agreement”), is entered into by and between the 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.

FORM OF FIRST AMENDMENT TO THE HORIZON FUNDS FUND ADMINISTRATION SERVICING AGREEMENT
Fund Administration Servicing Agreement • October 7th, 2016 • Horizon Funds

THIS FIRST AMENDMENT dated as of the 4TH day of October, 2016, to the Fund Administration Servicing Agreement, dated as of February 8, 2016 (the “Agreement”), is entered into by and between HORIZON FUNDS, a Delaware trust (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).

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