0000894189-20-008708 Sample Contracts

PROFESSIONALLY MANAGED PORTFOLIOS INVESTMENT ADVISORY AGREEMENT With Trillium Asset Management, LLC
Investment Advisory Agreement • October 29th, 2020 • Professionally Managed Portfolios • Delaware

THIS INVESTMENT ADVISORY AGREEMENT is made as of the June 30, 2020, by and between Professionally Managed Portfolios, a Massachusetts business trust (the “Trust”), on behalf of the series listed on Schedule A, which may be amended from time to time (the “Funds”), and Trillium Asset Management, LLC (the “Adviser”).

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DISTRIBUTION AGREEMENT
Distribution Agreement • October 29th, 2020 • Professionally Managed Portfolios

THIS DISTRIBUTION AGREEMENT (“Agreement”) is by and between Quasar Distributors, LLC (the “Distributor”), Professionally Managed Portfolios (“Fund Company”) and Trillium Asset Management, LLC (“Adviser”).

OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • October 29th, 2020 • Professionally Managed Portfolios • Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the October 31, 2020, by and between Professionally Managed Portfolios, a Massachusetts business trust (the “Trust”), on behalf of the series of the Trust listed on Schedule A, which may be amended from time to time (each, a “Fund” collectively, the “Funds”), and the Adviser of the Funds, Trillium Asset Management, LLC (the “Adviser”).

AMENDMENT TO THE DISTRIBUTION AGREEMENT
The Distribution Agreement • October 29th, 2020 • Professionally Managed Portfolios

THIS SECOND AMENDMENT, dated October 1, 2020, to the distribution agreement dated July 13, 2015 (the “Distribution Agreement”), is entered into by Professionally Managed Portfolios (the “Trust”), Trillium Asset Management, LLC, the investment advisor to the Trust (the “Advisor”), and Quasar Distributors, LLC (“Quasar” and, together with the Trust and the Advisor, the “Parties”).

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