0001111830-10-000905 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • October 1st, 2010 • Profit Funds Investment Trust • Delaware

THIS MANAGEMENT AGREEMENT is made this ____ day of December, 2010, between Profit Funds Investment Trust (the "Trust"), a business trust organized under the laws of the Commonwealth of Massachusetts, and Profit Investment Management, LLC (the "Manager"), a limited liability company organized under the laws of the State of Delaware.

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EXPENSE LIMITATION AGREEMENT PROFIT INVESTMENT MANAGEMENT, LLC Silver Spring, MD 20910
Expense Limitation Agreement • October 1st, 2010 • Profit Funds Investment Trust
ADDENDUM TO MANAGEMENT AGREEMENT
Addendum to Management Agreement • October 1st, 2010 • Profit Funds Investment Trust

Addendum dated December __, 2010 to the Management Agreement (the “Agreement”) between Profit Funds Investment Trust (the “Trust”), on behalf of The Profit Fund (the “Fund”), and Profit Investment Management (the “Adviser”).

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