0000910472-14-003390 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 11th, 2014 • Two Roads Shared Trust • Delaware

INVESTMENT ADVISORY AGREEMENT made as of this 14th day of May, 2014 by and between Two Roads Shared Trust, a Delaware statutory trust (the “Trust”), and Anfield Capital Management, LLC (the “Adviser”).

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AMENDED AND RESTATED OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT
Operating Expenses Limitation and Security Agreement • August 11th, 2014 • Two Roads Shared Trust • New York

THIS AMENDED AND RESTATED OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of July 1, 2014, 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, and the Adviser to the Fund, Anfield Capital Management, LLC (“Anfield” or the “Adviser”).

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