0000894189-18-005895 Sample Contracts

PENN Capital Funds Trust Expense Limitation Agreement
Expense Limitation Agreement • October 29th, 2018 • PENN Capital Funds Trust

THIS AGREEMENT is made by and between PENN Capital Funds Trust, a Delaware statutory trust (the “Trust”), on behalf of the funds listed on Schedule A hereto (each, a “Fund” and collectively, the “Funds”), and Penn Capital Management Company, Inc., a Delaware corporation (the “Adviser”).

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