0000910472-13-005406 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 20th, 2013 • Two Roads Shared Trust • Delaware

INVESTMENT ADVISORY AGREEMENT made as of this 6th day of December, 2013 by and between Two Roads Shared Trust, a Delaware statutory trust (the “Trust”), and IronHorse Capital LLC (the “Adviser”).

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OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT
Operating Expenses Limitation and Security Agreement • December 20th, 2013 • Two Roads Shared Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 6th day of December, 2013, by and between TWO ROADS SHARED TRUST, a Delaware statutory trust (the “Trust”), on behalf of the CONDUCTOR GLOBAL FUND (the “Fund”), a series of the Trust, and the Adviser to the Fund, IRONHORSE CAPITAL LLC (“IronHorse” or the “Adviser”).

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