0000898531-18-000699 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 19th, 2018 • EntrepreneurShares Series Trust

THIS INVESTMENT ADVISORY AGREEMENT (the “Agreement”), made this 28th day of December, 2018, between ENTREPRENEURSHARES SERIES TRUST, a Delaware Statutory Trust (the “Trust”), and CAPITAL IMPACT ADVISORS, LLC, a Delaware Limited Liability Company (the “Advisor”).

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ENTREPRENEURSHARES SERIES TRUST AGREEMENT AND DECLARATION OF TRUST dated May 13, 2010 List of Series and Classes
Agreement and Declaration • December 19th, 2018 • EntrepreneurShares Series Trust
INDEX LICENSE AGREEMENT
Index License Agreement • December 19th, 2018 • EntrepreneurShares Series Trust

This Index License Agreement is made and entered into as of December 28, 2018, by and between EntrepreneurShares LLC (“Licensor”) and EntrepreneurShares Series Trust, on behalf of its series ERShares Non-US Small Cap ETF (“Licensee”).

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