0000910472-13-004350 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • October 22nd, 2013 • Two Roads Shared Trust • Delaware

INVESTMENT ADVISORY AGREEMENT made as of this 1st day of July, 2013 by and between Two Roads Shared Trust, a Delaware statutory trust (the “Trust”), and West Shore Group, LLC (the “Adviser”).

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OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT
Operating Expenses Limitation and Security Agreement • October 22nd, 2013 • Two Roads Shared Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 18th day of September, 2013, by and between TWO ROADS SHARED TRUST, a Delaware statutory trust (the “Trust”), on behalf of the REDWOOD MANAGED VOLATILITY FUND (the “Fund”), a series of the Trust, and the Adviser to the Fund, Redwood Investment Management, LLC (“Redwood” or the “Adviser”).

OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT
Operating Expenses Limitation and Security Agreement • October 22nd, 2013 • Two Roads Shared Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 18th day of September, 2013, by and between TWO ROADS SHARED TRUST, a Delaware statutory trust (the “Trust”), on behalf of the LARKIN POINT EQUITY PRESERVATION FUND (the “Fund”), a series of the Trust, and the Adviser to the Fund, Larkin Point Investment Advisors, LLC (“Larkin Point” or the “Adviser”).

TWO ROADS SHARED TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT WITH RESPECT TO THE WEST SHORE REAL RETURN INCOME FUND
And Security Agreement • October 22nd, 2013 • Two Roads Shared Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 1st day of July 2013, by and between TWO ROADS SHARED TRUST, a Delaware statutory trust (the “Trust”), on behalf of the WEST SHORE REAL RETURN INCOME FUND (the “Fund”), a series of the Trust, and the Adviser to the Fund, West Shore Group, LLC (“West Shore” or the “Adviser”).

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