0000894189-21-001873 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • March 29th, 2021 • YCG Funds • Pennsylvania

THIS AGREEMENT is made and entered into as of this 30th day of October, 2020, by and between YCG FUNDS, a Delaware statutory trust (the “Trust”) and HERALD INVESTMENT MARKETING, LLC, a Delaware limited liability company (the “Distributor” or “Herald”). YCG, LLC, a Texas limited liability company and the investment advisor to the Trust (the “Advisor”), is a party hereto with respect to Section 5 only.

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YCG FUNDS AMENDED AND RESTATED BY-LAWS
By-Laws • March 29th, 2021 • YCG Funds

These Amended and Restated By-laws (the “By-laws”) of YCG Funds (the “Trust”), a Delaware statutory trust organized and operating as an open-end management investment company of the series type under the Investment Company Act of 1940, as amended (the “1940 Act”), are subject to the Trust’s Amended and Restated Agreement and Declaration of Trust dated March 26, 2021, as from time to time amended, supplemented or restated (the “Trust Instrument”). Capitalized terms used herein which are defined in the Trust Instrument are used as therein defined.

THIRD AMENDMENT TO EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • March 29th, 2021 • YCG Funds

THIS THIRD AMENDMENT TO EXPENSE LIMITATION AGREEMENT (this “Amendment”) is made and entered into effective as of April 1, 2021, by and between YCG Funds, a Delaware statutory trust (the “Trust”), on behalf of YCG Enhanced Fund (the “Fund”), and YCG, LLC, a Texas limited liability company (the “Adviser”).

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