OPERATING EXPENSES LIMITATION AGREEMENTOperating Expenses Limitation Agreement • January 30th, 2017 • Intrepid Capital Management Funds Trust • Delaware
THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is made as of November 15, 2016, by and between Intrepid Capital Management Funds Trust, a Delaware statutory trust (the “Trust”), on behalf of the Intrepid Endurance Fund (“Fund”), a series of the Trust, and the investment adviser to the Fund, Intrepid Capital Management, Inc. (the “Adviser”).
