RALPH PARKS PORTFOLIOS TRUST OPERATING EXPENSES LIMITATION AGREEMENT RALPH PARKS CYCLICAL EQUITY FUNDOperating Expenses Limitation Agreement • August 28th, 2006 • Ralph Parks Portfolios Trust • New York
Contract Type FiledAugust 28th, 2006 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 1st day of June, 2006, by and between RALPH PARKS PORTFOLIOS TRUST, a Delaware business trust (the “Trust”), on behalf of the Ralph Parks Cyclical Equity Fund (the “Fund”), a series of the Trust and the Advisor of such Fund, Ralph Parks Investment Group, LLC (the “Advisor”).