COPELAND TRUST OPERATING EXPENSES LIMITATION AGREEMENTCopeland Trust Operating Expenses Limitation Agreement • January 3rd, 2012 • Copeland Trust • Delaware
Contract Type FiledJanuary 3rd, 2012 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 15th day of November 2010, as amended November 14, 2011, by and between COPELAND TRUST, a Delaware statutory trust (the “Trust”), on behalf of COPELAND RISK MANAGED DIVIDEND GROWTH FUND (the “Fund”) a series of the Trust, and the investment adviser of the Fund, Copeland Capital Management, LLC (the “Adviser”).