0000894189-20-000914 Sample Contracts

November 20, 2019
Investment Management Agreement • January 31st, 2020 • Cushing Mutual Funds Trust • Texas

This letter agreement (the "Agreement") confirms the temporary fee waiver by Cushing Asset Management, LP (the "Adviser") with respect to the advisory fees received in connection with the management of The Cushing SMID Growth Focused Fund (the "Fund"), a series of Cushing Mutual Funds Trust (the "Trust").

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September 18, 2019
Fee Waiver Agreement • January 31st, 2020 • Cushing Mutual Funds Trust • Texas

This letter agreement (the "Agreement") confirms the temporary fee waiver by Cushing Asset Management, LP (the "Adviser") with respect to the advisory fees received in connection with the management of The Cushing NextGen Infrastructure Fund (“Infrastructure”) and The Cushing Small Cap Growth Fund, each a series of Cushing Mutual Funds Trust (the "Trust") (each a “Fund,” and collectively, the “Funds”).

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