0001111830-13-000250 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • March 22nd, 2013 • Papp Investment Trust • Ohio

This Agreement made as of June 7, 2012 by and between Papp Investment Trust (the "Trust"), an Ohio business trust, and Ultimus Fund Distributors, LLC, an Ohio limited liability company ("Distributor").

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • March 22nd, 2013 • Papp Investment Trust • Ohio

THIS AGREEMENT made as of the 1st day of May, 2012 by and between L. Roy Papp & Associates, LLP (the “Investment Adviser”), an Arizona Limited Liability Partnership, and Papp Investment Trust (the “Trust”), an Ohio business trust.

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