0001111830-11-000127 Sample Contracts

GARDNER LEWIS INVESTMENT TRUST EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • February 28th, 2011 • Gardner Lewis Investment Trust

THIS AGREEMENT is made and entered into effective as of February 28, 2011 by and between Gardner Lewis Investment Trust, a Massachusetts business trust (the “Trust”), on behalf of each series portfolio of the Trust set forth on Exhibit A attached hereto and incorporated by this reference, (each a “Fund”), and Gardner Lewis Asset Management, L.P., a Pennsylvania limited partnership (the “Adviser”).

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FEE REDUCTION AGREEMENT GARDNER LEWIS INVESTMENT TRUST
Fee Reduction Agreement • February 28th, 2011 • Gardner Lewis Investment Trust

THIS AGREEMENT (“Agreement”), is dated this 28th day of February, 2011 and shall be effective on March 1, 2011, is made by and between Gardner Lewis Asset Management, L.P. (the “Adviser”) and Gardner Lewis Investment Trust (the “Trust”), on behalf its series portfolio, The Chesapeake Growth Fund (the “Fund”).

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