LISTED FUNDS TRUST INVESTMENT SUB-ADVISORY AGREEMENT with RYAN HERITAGE, LLPInvestment Sub-Advisory Agreement • October 21st, 2022 • Listed Funds Trust • Delaware
INVESTMENT SUB-ADVISORY AGREEMENT (the “Agreement”) is made as of this 14th day of September, 2022 by and among Horizon Kinetics Asset Management LLC, a Delaware limited liability company with its principal place of business at 470 South Park Avenue South, 3rd Floor South, New York, New York 10016 (the “Adviser”), LISTED FUNDS TRUST (the “Trust”), and Ryan Heritage, LLP, a Delaware limited liability partnership with its principal place of business located at 250 Pehle Avenue, Suite 708, Saddle Brook, New Jersey 07663 (the “Sub-Adviser”).
Morgan, Lewis & Bockius llp1111 Pennsylvania Avenue, NWWashington, DC 20004-2541www.morganlewis.comAgreement and Plan of Reorganization • October 21st, 2022 • Listed Funds Trust
SCHEDULE A to the INVESTMENT ADVISORY AGREEMENT Dated December 27, 2020 between LISTED FUNDS TRUST and Horizon Kinetics Asset Management LLCInvestment Advisory Agreement • October 21st, 2022 • Listed Funds Trust
The Trust will pay to the Adviser, as compensation for the Adviser’s services rendered, a fee computed daily at an annual rate based on the average daily net assets of the Fund in accordance with the following fee schedule:
