AMENDED INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • May 9th, 2013 • Two Roads Shared Trust • California
INVESTMENT ADVISORY AGREEMENT (“Agreement”) made as of this 8th day of February, 2013, as amended on the 29th day of April, 2013, by and between Two Roads Shared Trust, a Delaware statutory trust (the “Trust”) on behalf of its series Anfield Universal Fixed Income Fund, and Belvedere Asset Management, LLC (the “Adviser”).
TWO ROADS SHARED TRUSTInvestment Sub-Advisory Agreement • May 9th, 2013 • Two Roads Shared Trust • California
This INVESTMENT SUB-ADVISORY AGREEMENT (“Agreement”) effective as of February 8, 2013, as amended on April 29, 2013, is by and among Anfield Capital Management, LLC (the “Sub-Adviser”), Two Roads Shared Trust (the “Trust”), on behalf of the Anfield Universal Fixed Income Fund, a series of the Trust (the “Fund”), and Belvedere Asset Management, LLC (the “Adviser”).
AND SECURITY AGREEMENTOperating Expenses Limitation and Security Agreement • May 9th, 2013 • Two Roads Shared Trust • New York
THIS AMENDED OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 8th day of February, 2013, as amended on the 29th day of April, 2013, by and between TWO ROADS SHARED TRUST, a Delaware statutory trust (the “Trust”), on behalf of the Anfield Universal Fixed Income Fund (the “Fund”), a series of the Trust, the Adviser to the Fund, Belvedere Asset Management, LLC (“Belvedere”) and Anfield Capital Management, LLC (“Anfield,” and together with Belvedere, the “Advisers”).
