0000894189-17-005073 Sample Contracts

MANAGED PORTFOLIO SERIES OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • September 22nd, 2017 • Managed Portfolio Series • Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is made as of the 20th day of September 2017, by and between Managed Portfolio Series, a Delaware statutory trust (the “Trust”), on behalf of the series of the Trust listed on Appendix A, which may be amended from time to time (each a “Fund” and together the “Funds”), and Reinhart Partners, Inc., a Wisconsin corporation (the “Adviser”).

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SECOND AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • September 22nd, 2017 • Managed Portfolio Series

THIS SECOND AMENDMENT dated as of the 28th day of September, 2017, to the Investment Advisory Agreement, dated as of May 23, 2012, as amended June 1, 2017 (the “Agreement”), is entered into by and between Managed Portfolio Series, a Delaware statutory trust (“Trust”) and Reinhart Partners, Inc., a Wisconsin corporation (the “Adviser”).

FIRST AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • September 22nd, 2017 • Managed Portfolio Series

THIS FIRST AMENDMENT dated as of the 1st day of June, 2017, to the Investment Advisory Agreement, dated as of May 23, 2012 (the “Agreement”), is entered into by and between Managed Portfolio Series, a Delaware statutory trust (“Trust”) and Reinhart Partners, Inc., a Wisconsin corporation (the “Adviser”).

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