0001111830-14-000707 Sample Contracts

FIRST AMENDED EXPENSE LIMITATION AGREEMENT FOR ULTIMUS MANAGERS TRUST

Expense Limitation Agreement • September 29th, 2014 • Ultimus Managers Trust

• Contract Type
  Expense Limitation Agreement
• Filed
  September 29th, 2014
• Company
  Ultimus Managers Trust

THIS FIRST AMENDED AGREEMENT, dated as of April 21, 2014, is made and entered into by and between the Ultimus Managers Trust, an Ohio business trust (the “Trust”), on behalf of the series of the Trust set forth on Schedule A attached hereto (the “Fund”), and Apex Capital Management, Inc. (the “Adviser”).