AMERICAFIRST QUANTITATIVE FUNDS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENTOperating Expenses Limitation and Security Agreement • December 29th, 2014 • Americafirst Quantitative Funds • New York
Contract Type FiledDecember 29th, 2014 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 17th day of November, 2014, by and between AMERICAFIRST QUANTITATIVE FUNDS, a Delaware statutory trust (the “Trust”), on behalf of the AmericaFirst Defensive Growth Fund, AmericaFirst Income Trends Fund, AmericaFirst Absolute Return Fund, AmericaFirst Quantitative Strategies Fund and AmericaFirst Seasonal Trends Fund (each a “Fund” and together the “Funds”), each a series of the Trust, and AmericaFirst Capital Management, LLC (the “Advisor”), the advisor of the Funds.